Why is Dow Jones Leading? And What is Next?

Kon How
2022-11-28

The tech stocks are in a slump, therefore investors are going back to the traditional stocks, resulting in Dow Jones’ rally in the past two months.

What is next? Why is the short-term likely to be heading up and long-term is still down?

The real danger will be with the continuous rise in interest rates and yet the dollar starts weakening, just like the pound. The dollar is trading lower in the past weeks, I am keeping watch on this closely. However, it is not all bad news, we can invest differently…

$DJIA(.DJI)$  $NASDAQ(.IXIC)$  $S&P 500(.SPX)$

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Macro Trend
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Comments

  • Aoyjai
    2022-11-28
    Aoyjai
    high dxy is no good for market
  • lowmy
    2022-11-29
    lowmy
    Tech going thru a lull period because the lack of chips and the probably end to pandemic. This is probably going to be temporary
  • DannDann
    2022-11-29
    DannDann
    Thanks for thr insightful sharing. Thumbs up 👍🏻👍
  • NewbieLeo
    2022-11-28
    NewbieLeo
    thanks for sharing
  • dnp
    2022-11-28
    dnp
    tq very much for sharing
  • Matrix Rev
    2022-12-03
    Matrix Rev
    It's year end where would money flow?
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