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Best opening since 1975: Is the worst over?
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Will the 2022 bottom appear again in 2023?

Despite major tech companies, such as Google ( $Alphabet-A(GOOGL.US)$ , $Alphabet-C(GOOG.US)$ ), Microsoft ( $Microsoft(MSFT.US)$ ), Amazon ( $Amazon(AMZN.US)$ ) letting go of their employees in 2022 (*1), and Apple ( $Apple(AAPL.US)$ ) cutting contractors to slash costs (*2), the U.S. economy continues to stay very strong, with the January jobs reports showing an increase of 517,000 jobs, beating estimates, and the 53-year low unemployment rate (*3).
#GIFsFromTenorDotCom
#GIFsFromTenorDotCom
Besides the strong U.S. economy data, HDB property resale prices continue to accelerate in January 2023 as million-dollar HDB flats surge by 42% in Singapore (*4), despite the cooling measures announced on 29 September 2022 (*5).

Although the Finimize survey (*6) reveals that retail investors believe the stock market will bottom in 2023, 72% continues to buy individual stocks such as Apple, Microsoft, Google, and Meta ( $Meta Platforms(META.US)$ ).

As whether if investors will see the bottom in 2023, there are 3 things that are confirm plus chop, and they are:

More new jobs opportunities waiting to be filled.
More million-dollar properties waiting to be transacted.
More individual stocks, such as the ones in the Nasdaq index ( $Nasdaq Composite Index(.IXIC.US)$ ) and the S&P500 index ( $S&P 500 Index(.SPX.US)$ ) waiting to be bought.

So, why not Mooers grow the courage (*7) to do the following in 2023:

Take the leap of faith and jump to new job opportunities with higher salary, which is better than let go by employers or replaced by AI such as ChatGPT (*8).
Buy more property or invest in companies that do property such as $CapitaLandInvest(9CI.SG)$ , $CityDev(C09.SG)$ , $FRASERS PROPERTY LIMITED(TQ5.SG)$ , $HongkongLand USD(H78.SG)$ , $PropNex(OYY.SG)$ and many others.
Invest in individual stocks, ETFs and funds that you have a deep spiritual connection (*9) with, and buy them using the $Futu Holdings Ltd(FUTU.US)$ platform.
#GIFsFromTenorDotCom
#GIFsFromTenorDotCom
#GIFsFromTenorDotCom
#GIFsFromTenorDotCom
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only. Read more
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