Bullish just begun, as long as

Kong123

09-28

Bullish just begun, as long as it didnot break 10% below the 50 DMA....

Why? In my opinion...

1) USA election year, result on Nov 2024

2) CPI , FOMC, jobless claim within market expectation

3) Soft landing economy is direction of Powell ,expected by JP Morgan and wall street...

4) More interest cut on its way within 2024

5) Asian market PE remain low.

Modified in.09-28

September Curse Broken? What's Your Account P/L?

It looks like the curse of September's market drop is going to be broken this year. Historical data shows that since 2013, the S&P 500 has averaged a 4.78% decline in September, which is typically the worst-performing and most volatile month for U.S. stocks. However, this year, with a gain of over 20% and recent strong performance, the S&P 500 has already hit its 40th new closing high of the year this week! -------------------- Has your account also broken the September curse?

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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