PAP is in charge!
DOW up!
STI cheong to 2,700?
美股市況|美首季GDP放緩 道指曾瀉700點後跌幅收窄 長債息升穿4.7厘 美英偉達逆市彈3%(不斷更新) – 香港經濟日報 – 即時新聞頻道 –
即市財經 – 股市
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美股早段大跌,道指曾瀉706點,低見37754點,納指曾挫368點或2.3%,至15343點開市大跌16%,預告今年資本開支增、明年使費更大微軟、Alphabet、intel、Snap等將公布業績美股
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55 minutes ago
Sad to say I've been selling 1%-2% of my US tech each week for the past few weeks. While Nasdaq has just kept on going up & kicking sand in my face. LOL.
ReplyDeleteWhat to do? As stock farmer I have to respect my harvesting rules when fruits are over ripe!
Probably stocks can still go up over the next few weeks till the next Fed meeting end of July. But a bit concern over the divergence of US banks...
But for those not touching the money for 5 or more years, no worries ... just invest! LOL.
Tech bubble blowing up by Robinhood and burst by robbing Retails to pay The Rich and The Big. Remembering those days of Dot-com Bubble. Dot-com not Tech?
DeleteTech is in a mini-bubble, but not as bad as dot.com LOL. It's looking for a -10% correction though...
ReplyDeleteApart from the relatively small numbers of newbie millennials doing dumb things like buying bankrupt stocks or buying/selling options on thousands or hundred of thousands of underlying shares .... the majority of retail are pretty scared:
Rush to money market funds double that of GFC.
Retail bulls just coming up from historical low levels.
Retail bears just coming down from historical high levels.
As mentioned a few months back, when >15% of S&P above 200DMA, usually is end of bear.
S&P500 just had it's golden cross.
All the above is good for longer term trends.
In the short term e.g. 1 day to 3 months, don't be surprised to have corrections.
Waiting for bigger pullbacks to add back in. :P