Looking at the indexes of super economy countries such as Germany and US, the struggle between the bulls and the bears are so prominent. No doubt the the banks are raising rates and inflation is rising, they are still investors that think the economy is thriving. Be more critical and caution during this period. If you are in the long position, nimble Abit here and there.
$Medtronic PLC(MDT)$with such a big medical device portfolios,this number 1 medical devices and solution company is aiming for the sky with good return of investment for it's investors.
@highhand:$S&P 500(.SPX)$ Look before you leap! This week I won't do much buying or trading. Why? The SPX closed at 3612 last night. After breaking June lows, now we are at double bottom. First bottom happened a week back. The market direction is unclear, but most likely it's going to inch down with such bearish sentiment permeating through the air. 😈 Look at the first plot and see where we are. Notice the blue line 3533. What's that?? Go to second plot and see that it coincides with a support back in Sep to Nov 2020. That's why I think the pain is not over. The index might continue to inch downwards to the blue support line of 3533. It's not too far away. Maybe Mr Market thinks that noone (i.e. investors) won't notice. [LOL]&