Market will have large movements in the coming weeks and are you ready?
Disclaimer : I am not a financial planner neither do I have a finance degree and M9. This is only for education purposes, please do your due diligence and consult your professional before you buy or sell.
2022 is a bad year for many, interests rate are purposely increase to let the market cool down. Tech stocks in Nasdaq suffers a great fall. As Tech companies are not immune to interests rate.
Fast forward to the last quarter, Q3 2023. Inflation is every where. Perhaps those who have deep pocket can weather such inflation.
Despite of the negative sentiments, this year the market has grow.
Look at chart below. Nasdaq, Dow Jones and S&P 500 all has grown this year, especially Nasdaq.
If you have been using DCA ( Dollar Coast Averaging) monthly to buy in Nasdaq, your portfolio has been growing.
Is the big dip coming? It will definitely come but not today.
We should always have a long term mindset, as wealth is added progressively, if you want win fast, go to trading, if you want to win big invest.
We make not always get the best profit but a sector or index etf, the trend is always up. 2024 may see more Al Nimo, the Mercury will rise and possibly more earthquake. When people are greedy, we have prudent! When people are fearful, we should be daring.
Fears sell, as emotions stirred. The statistics don't tell lies. Watch and stay above the clouds.
Cheers.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
I think we start the pump tmr- Thursday then sale off profit Friday and option exp dates
Things really started levitating in thin air with the Bernanke magic show!
Plenty of buy and sell activity today ... all of em MMs.
large movements to go up or down??
Great article to read. Thank you @vodkalime for your post and sharing.
It looks like a lot of people are super bearish now!