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    • shrlrmdnshrlrmdn
      ·2023-10-02
      Great ariticle, would you like to share it?

      30 SEP 2023: continue to remain on the sideline for US Tech stocks for me

      @Hopehope赋予希望
      I am not saying that the markets cannot go up. If you look at what happens, Nasdaq 100 futures went back up after dipping below 14700 before staging a comeback to above 15070 this week. But how did it close by the end of the bell on Friday? It ended below 14900 and closed around 14891. The slight gain from the low of the week at 14600 plus to this level does not mean market has found back the confidence. Sentiment wise there is this possibility that it could always break the level of 14600 and then move down further. Let's take a look at core pce which was not over forecasted number. The markets did initially run up as per what was mentioned earlier, having hit above 15k but it subsequently came down within the first 2 hours of trading. In comparison, hang Seng tech index which seems to be
      30 SEP 2023: continue to remain on the sideline for US Tech stocks for me
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    • shrlrmdnshrlrmdn
      ·2023-10-02
      Great ariticle, would you like to share it?
      @k_ristovski
      Financial Deception E07 - The P/E ratio is often times USELESS - Here's why In the old days, a low P/E ratio meant that there was a high chance a company was cheap. Today, there are a lot of variables that ... From Youtube: https://www.youtube.com/watch?v=CihCEmVvhJQ
      Financial Deception E07 - The P/E ratio is often times USELESS - Here's why In the old days, a low P/E ratio meant that there was a high chance a company was cheap. Today, there are a lot of variables that ... From Youtube: https://www.youtube.com/watch?v=CihCEmVvhJQ
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    • shrlrmdnshrlrmdn
      ·2023-10-02
      Great ariticle, would you like to share it?

      SPY versus QQQ - Which is a Better Buy?

      @koolgal
      🌟🌟🌟September was the worst month in 2023 with a brutal sell off especially Big Tech. The Nasdaq 100 Index was down 5.8%, its worst performance since end 2022. The S&P500 Index was down 4.9%, more than the 3.5% slide by the Dow Jones Industrial. Investors are climbing a wall of worry amidst looming US government shutdown, 10 year Treasure yields the highest since 2007, geopolitical tensions, Ukraine war and a slew of unwelcome news. $SPDR S&P 500 ETF Trust(SPY)$ Is down 5% in the past month but still up 12% year todate. $Invesco QQQ Trust(QQQ)$ Is also down 5% in the past month but up an impressive 35% year todate. SPY
      SPY versus QQQ - Which is a Better Buy?
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