@TradingLounge:US Stock Market NASDAQ, AMZN, AAPL, NVDA, TSLA, GOOGL, BRK.B, SQ, META, MSFT, BAC, JPM, GS. Elliott Wave Technical Analysis $Tesla Motors(TSLA)$ $Apple(AAPL)$ $NVIDIA Corp(NVDA)$ Stock Market Summary: The current small move lower is being viewed as a corrective Wave v).US Stocks: Tesla TSLA, Amazon AMZN, Nvidia (NVDA), Apple AAPL, Microsoft MSFT, Berkshire Hathaway (BRK/B),Block, Inc (SQ), Facebook FB, Meta Platforms, Alphabet GOOGL. XFL Finance Sector ETF, JPMorgan JPM & Bank of America BAC.Stock Trading strategies: Look for strength and long trade set ups for short term traders. Thursday -
@JinHan:As mentioned, it is always easier to invest in a bearmarket because based on precedents, the US market will always recover in the long run. Take an example of 1980 hyperinflation, 2000 Dot Com bubble, 2008 subprime crisis, 2020 covid sell off. After all these major crisis, the US market eventually recovered and grew stronger. Both SPY/ VOO (Proxy of S&P500) and QQQ (Proxy of Nasdaq 100) are down 10.6% and 17.8% respectively. One will almost never catch the bottom of the market. Buying at one of the low of the market will eventually pay off!Always remember, long term investors should not be too affected by short term volatility. Be greedy when people are fearful, be fearful when people are greedy. Taking contrarian views will help to generate significant alpha returns. Th