Johncasiano24
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The stock market rally was due for a pullback in any case, especially after 2 weeks’ of run-up.
The important question now is whether yesterday’s retracement was a healthy pullback to cool off indicators, or something bigger is brewing (towards the downside).
Support levels need to hold for rally to continue. But bears will want to regain the upper hand.
Check out my Youtube channel if you have time 4 more subs to 500
$SPDR S&P 500 ETF(SPY.US$$S&P 500 Index(.SPX.US$$Tesla(TSLA.US$$Apple(AAPL.US$$Invesco QQQ Trust(QQQ.US$$ProShares UltraPro Short QQQ ETF(SQQQ.US$
The important question now is whether yesterday’s retracement was a healthy pullback to cool off indicators, or something bigger is brewing (towards the downside).
Support levels need to hold for rally to continue. But bears will want to regain the upper hand.
Check out my Youtube channel if you have time 4 more subs to 500
$SPDR S&P 500 ETF(SPY.US$$S&P 500 Index(.SPX.US$$Tesla(TSLA.US$$Apple(AAPL.US$$Invesco QQQ Trust(QQQ.US$$ProShares UltraPro Short QQQ ETF(SQQQ.US$
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Johncasiano24
voted
The Nasdaq Golden Dragon China Index which tracks US-listed Chinese companies has bounced nearly 50%^ from Oct 24, 2022.
^ Data as of 24/10/2022 - 01/11/2023, moomoo
Entering 2023, Alibaba has risen more than 30%^ so far since January 3. At the same time, NIO has gained 18.05%^.
^ Data as of 03/01/2023 - 11/01/2023, moomoo
How long will mid-cap stocks go after a multi-day surge?
See what Wall Street analysts predict
In response...
^ Data as of 24/10/2022 - 01/11/2023, moomoo
Entering 2023, Alibaba has risen more than 30%^ so far since January 3. At the same time, NIO has gained 18.05%^.
^ Data as of 03/01/2023 - 11/01/2023, moomoo
How long will mid-cap stocks go after a multi-day surge?
See what Wall Street analysts predict
In response...
Expand
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Johncasiano24
voted
According to a survey by WSJ, 61% of economists expect a recession this year.
75% of economists now believe that a “soft landing” by the Fed is not possible.
If we’re not in a recession now and haven’t had a crash landing yet, then how much worse can it get?
Will there be a recession in 2023? let’s see the current sentiment.
$S&P 500 Index(.SPX.US$$Nasdaq Composite Index(.IXIC.US$$Dow Jones Industrial Average(.DJI.US$$Apple(AAPL.US$$Exxon Mobil(XOM.US$$Occidental Petroleum(OXY.US$$Tesla(TSLA.US$
75% of economists now believe that a “soft landing” by the Fed is not possible.
If we’re not in a recession now and haven’t had a crash landing yet, then how much worse can it get?
Will there be a recession in 2023? let’s see the current sentiment.
$S&P 500 Index(.SPX.US$$Nasdaq Composite Index(.IXIC.US$$Dow Jones Industrial Average(.DJI.US$$Apple(AAPL.US$$Exxon Mobil(XOM.US$$Occidental Petroleum(OXY.US$$Tesla(TSLA.US$
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Johncasiano24
liked
Commodities look to be outperformers in 2023, with a perfect macroeconomic environment and critically low inventories for almost every key raw material, Goldman Sachs head of commodities reasearch said.
China has reopened its economy from the zero-COVID policy. Demand in starting to rebound and there's insufficient investment in supply, meaning the year will be bullish for prices of commodities.
"Lack of supply is apparent in every single market you look at, whethe...
China has reopened its economy from the zero-COVID policy. Demand in starting to rebound and there's insufficient investment in supply, meaning the year will be bullish for prices of commodities.
"Lack of supply is apparent in every single market you look at, whethe...
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Johncasiano24
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$MM2 Asia(1B0.SG$
mm2's subsidiary has partnered with The Sandbox to build a virtual playground in the latter's gaming metaverse.
https://www.theedgesingapore.com/news/metaverse/mm2-partners-sandbox-create-content-metaverse
$Parkson Retail^(O9E.SG$$Nippecraft(N32.SG$$Acesian Partners(5FW.SG$$Pollux Prop(5AE.SG$$Mencast(5NF.SG$$Geo Energy Res(RE4.SG$$Golden Energy(AUE.SG$
mm2's subsidiary has partnered with The Sandbox to build a virtual playground in the latter's gaming metaverse.
https://www.theedgesingapore.com/news/metaverse/mm2-partners-sandbox-create-content-metaverse
$Parkson Retail^(O9E.SG$$Nippecraft(N32.SG$$Acesian Partners(5FW.SG$$Pollux Prop(5AE.SG$$Mencast(5NF.SG$$Geo Energy Res(RE4.SG$$Golden Energy(AUE.SG$
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Johncasiano24 : to the moon and beyond