Bear Market Over?
The stock market had a monster rally last week. It was one of the best weeks in the history as so many stocks went up by more than 10% in one week – something that is extremely uncommon!
To add on, the US dollar, which usually moves in opposite direction of the stock market, plummeted, suffering its worst weekly loss in years, So is the bear market over? Let’s dive in deeper in this video! Do also stay on till the end as I shared my thoughts on the current rally, and what investors can consider doing.
Stocks covered in the video (technical analysis) – SPY, Apple, Tesla, Google
From YouTube
$SPDR S&P 500 ETF(SPY.US$ $Invesco QQQ Trust(QQQ.US$ $Tesla(TSLA.US$ $Apple(AAPL.US$ $Alphabet-A(GOOGL.US$ $S&P 500 Index(.SPX.US$ $NASDAQ 100 Index(.NDX.US$ $Nasdaq Composite Index(.IXIC.US$ $iShares Russell 2000 ETF(IWM.US$ $Dow Jones Industrial Average(.DJI.US$ $USD(USDindex.FX$ $CBOE Volatility S&P 500 Index(.VIX.US$ $Amazon(AMZN.US$ $Meta Platforms(META.US$ $NVIDIA(NVDA.US$ $E-mini S&P 500 Futures(JUN4)(ESmain.US$ $Vanguard S&P 500 ETF(VOO.US$ $Direxion Daily S&P 500 Bear 3X Shares ETF(SPXS.US$ $SPDR Portfolio S&P 500 ETF(SPLG.US$ $ARK Innovation ETF(ARKK.US$
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Successful investing is about managing risk, not avoiding it. DYODD
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bwjx : Dow is showing some trouble at the 400MA resistance.