According to weekly charts we are at the top of a new bearish wave. He may be wrong about the exact point, but we know it's not all roses. Goldman is one of the big 5 banks, they are a part of the fed reserve bank. So we know they aren't to be trusted. Especially if you aren't part of the elite club. The old phrase goes "Buy the rumour, sell the news." Well all the news has been that we are in 'an official bull market.' Buffet always says be fearful when everyone is greedy. All bulls are now sounding greedy... be fearful. Look at all the non megacap ai firms, few are making money. (Like top ai picks in the asx like appen and brainchip) The megacap are profiting off of ai because of their base in more traditional tech.
S&P 500 Top Likely At 4450, Get Ready For The Bear Market Phase 2
The recent bear market rally in the S&P 500 (SP500) likely peaked at 4450 intraday on June 16th. The
No matter how stormy the 🇺🇸 market get, never let it bring you down. Persistent inflation, Ukraine war and the Fed's rising interest rates are the primary causes of extreme volatility in global stock markets. As the dust settles on 2022, it has been an all-around brutal year for investors. The stock market finished the year down roughly 20% on average. The $DJIA(.DJI)$ fell 9%. The $S&P 500(.SPX)$ isdown about 20%. I have got my fair share of hits and misses in my stocks investment portfolio. I have learnt the following: 1. Diversify my investments portfolio: Any company can hide serious problems from its