Bull or Bear market? AI truly a bubble or a reality into the future?

PawsAndProfits
08-18

Disclaimer: Nothing I say or post should be considered financial advice. Please do your own due diligence before making any investment decisions.‌

$Invesco QQQ(QQQ)$ $SPDR S&P 500 ETF Trust(SPY)$

With the key indices such as S and P 500, QQQ kept breaking new highs, driven by tech stocks, how much does it need to run before its considered a bubble? A weaker consumer index, a higher than predicted CPI number does not seem to quench the thirst of tech bulls.

So continue chasing the hype, or position ourselves for a potential retracement? Share your views in the comment section![Bless]

@PawsAndProfits - Specialist in combining FA and TA for Options selling and Swing trading.[666]

🎁 S&P 500 at New Highs: Bull Run or Pullback?
On August 13, the S&P 500 closed at 7,798.99, marking a new record closing high. U.S. stocks have continued to rally recently, with AI and tech stocks leading the gains. At the same time, cooling inflation has eased some concerns about further rate hikes from the Federal Reserve. Now that the S&P 500 has reached a new all-time high, what's your next move?
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