@Shyon:A great topic to think about. When will you turn your equities to cash, at what age? Any planning? Well, conventional wisdom holds that when you hit your 70s, you should adjust your investment portfolio so it leans heavily toward low-risk bonds and cash accounts and away from higher-risk stocks and mutual funds. That strategy still has merit, according to many financial advisors. In terms of how much money you should have in the stock market at a certain age, for example 70 80 90 etc...: That depends on several different factors, ranging from your health and preferred lifestyle to your debt load, net worth, monthly bills, income sources and risk tolerance. One old bit of general wisdom mentioned by this article is that you should subtract your age from 100 to come up with the percenta
@CYberviRus:$Roblox Corporation(RBLX)$ has experienced a five consecutive weeks down move, exceeding its two standard deviation price run after its recent financial announcement. Standard deviation (SD) is a statistical measure that indicates how much a stock's price typically deviates from its average price. A price movement exceeding two SD suggests a more significant deviation than usual, potentially signaling a trend change or overbought/oversold territory. $Alibaba(BABA)$ share price recently formed a bullish engulfing candle with increased volume. A bullish engulfing pattern is a two-candle candlestick chart formation that signal
š//@Ultrahisham:4250 vs 4500 It has been a while since I updated a sharing of my market positioning so here goes. The last time I gave my view on the general market, I mentioned that the market was in a state of euphoria. Well nothing much has changed with respect to that. However the market I believe is in a situation where it is digesting an expectation of higher rates ahead and probably getting comfortable with that and that in itself is good news for the market bulls. However letās not get ahead of ourselves. The market risks still prevail and as such I am still positioned defensively with agility being key moving forward. Technically, I believe the levels on the broad market index that pays paying attention to are the 4500 o
@Ultrahisham:4250 vs 4500 It has been a while since I updated a sharing of my market positioning so here goes. The last time I gave my view on the general market, I mentioned that the market was in a state of euphoria. Well nothing much has changed with respect to that. However the market I believe is in a situation where it is digesting an expectation of higher rates ahead and probably getting comfortable with that and that in itself is good news for the market bulls. However letās not get ahead of ourselves. The market risks still prevail and as such I am still positioned defensively with agility being key moving forward. Technically, I believe the levels on the broad market index that pays paying attention to are the 4500 on the upper level and the 4250 on the lower level. If the market can br