Optimistic market
It seems like the market is on a run again. Are we really in a bull rally or is this going to be a fake rally again?
Nasdaq has been up nearly 20% from the bottom and on a consecutive green streak.
The market has been cheering ever since China has open up its economy. However, the inflation is still rocket high. With consumer expenditure dropping, many of us are impacted with rising living cost. Are we really too opmistic for the market? We are still in a deflationary phase and the fed might still hold back on the rates.
I will be caution in nibbling some shares to increase my portfolio. Never be too greedy if this boat has already left you, it will be back. Just wait for the right time
$Nasdaq100 Bull 3X ETF(TQQQ)$ $NIO Inc.(NIO)$ $ProShares Ultra Russell2000(UWM)$
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