@Investing1o1:$S&P 500(.SPX)$ So last week we had a drop and pop week! Bear trap early in the week then reverse up to create another high on this rally!I know the bear trap caught many offguard. but it is understandable as aggressive rallies like this takes place in a bear market. Thats why you have to stay nimble! It was a call I had to make to close all my shorts on tuesday low despite being bearish on the overall trend because of aggressive rallies that can easily trap you. But finally, 1st weakness spotted on this bear rally. Is it really coming to an end?! Watch the video as I share what are the weakness spotted that make this recent push up differente from all the other rallies we had the last few weeks!Also what are the possible resistance? As a
@kytphine:Cash In With 2 High-Yield Dividend Stocks: Passive-Income Stocks To Fight InflationSummaryThe Consumer Price Index (CPI) jumped 9.1% in June, and many investors are turning to high-yielding dividend stocks to battle portfolio losses.This article highlights two dividend-paying stocks with excellent fundamentals, amazing profitability, and strong dividend safety grades. The yield on each stock pick is over 5%.Both stocks experienced a decline, like most commodities, amid the June price destruction. This may be a good opportunity to buy on the dip.Recession Fear Is On the Rise75 basis point hike not seen in more than three decades have surfaced, and Canada’s Central Bank made the surprise 1% move last week, raising further concerns. While sky-high inflation needs to be tamed, a hike of this m
A further news about SIA. Should we hold on or sell away SIA shares? https://www.channelnewsasia.com/business/sia-singapore-airlines-bond-issue-us-dollar-2429471