Stock Market Outlook - Aug 2023
US interest rate has risen to the highest level in 22 years. Yet, the stock market is unfazed as it continues its rally! S&P500 is just within 5% from its all-time high!
That said, we are about to enter the bearish period of the year. Can the seasonal bearish trend bring down the market? If there are pullbacks, will it be an opportunity for you to pick up some shares?
Check out my new video below if you have time. No video next weekend though.
Stocks covered in the video (technical analysis) – SPY, Apple, Tesla, Google + Option trades
$SPDR S&P 500 ETF(SPY.US$ $S&P 500 Index(.SPX.US$ $Invesco QQQ Trust(QQQ.US$ $ProShares UltraPro QQQ ETF(TQQQ.US$ $ProShares UltraPro Short QQQ ETF(SQQQ.US$ $Vanguard S&P 500 ETF(VOO.US$ $Dow Jones Industrial Average(.DJI.US$ $NASDAQ 100 Index(.NDX.US$ $E-mini S&P 500 Futures(JUN4)(ESmain.US$ $E-mini NASDAQ 100 Futures(JUN4)(NQmain.US$ $Apple(AAPL.US$ $Tesla(TSLA.US$ $NVIDIA(NVDA.US$ $Amazon(AMZN.US$ $Microsoft(MSFT.US$ $Alphabet-A(GOOGL.US$ $Alphabet-C(GOOG.US$ $Netflix(NFLX.US$ $Meta Platforms(META.US$ $Adobe(ADBE.US$ $Advanced Micro Devices(AMD.US$ $Taiwan Semiconductor(TSM.US$ $Visa(V.US$ $MasterCard(MA.US$ $E-mini Dow Futures(JUN4)(YMmain.US$ $HP Inc(HPQ.US$ $USD(USDindex.FX$ $CBOE Volatility S&P 500 Index(.VIX.US$ $iShares Russell 2000 ETF(IWM.US$ $Russell 3000 Index Ishares(IWV.US$
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
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Successful investing is about managing risk, not avoiding it. DYODD
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Make it Big : AI will prevent all future bearish trends.
Andy Ng : Impersonation of the capital
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