The markets are giving us a clear sign to start the new week... red, technology stocks are down the most, $^NDX -1.36% trailed by $SPY with -0.45% and $^DJI roughly at zero with -0.04%, the following decline will accompany this entire trading week, possibly beyond. Or will sentiment in the markets reverse? How do you investors see it?
Since Friday, we have not moved anywhere on the $SPY and are stuck in a sideways trend below significant resistance while the tech $QQQ fell 1.7% yesterday
Technology stocks took a hammer to the head yesterday. It will be interesting to see where the market decides to move. Which way do you lean?
For me, a correction wouldn't hurt, but this market is still very much in hype, so I...
Read more
There are some good points and some that are a bit against. I don't see a lot of growth there right now either and I would have expected some sort of drop off. If we get to even lower levels than we were last year, that would be a bump. Still no blood flowing in the market yet...
So far, the markets are calm. Crypto has slid down, but oil has jumped up. Meanwhile, the dollar is strengthening nicely. Europe's DAX is in the balance, as is America.
It's a difficult time for investors and traders. We're in a market squeeze and when one side wins, it's going to be a ride.
I wouldn't be surprised if we retraced that rise on Friday, but if we go up, I won't be...
Read more
Mini break, the markets have been resonating for the last few days with the Fed's confirmation of hiking words and also a bit of that Russia. I'm expecting a bounce up again.