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Dow correction Lai Liao, better run.
Beware of Big cup formation…
Current support 34k….
“Be who you are and say what you feel, because those who mind don't matter and those who matter don't mind"
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(This post was last modified: 20-12-2021, 08:58 AM by
RiseofAsia.)
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Fed still take own sweet to raise rate…
no eyes to see…
“Be who you are and say what you feel, because those who mind don't matter and those who matter don't mind"
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Please lah, they dont want a flight to Gold
So must do it gradually to deny Gold and knock it down too while strengthening thé dollar
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Just let it drop there js no hurry to buy or sell.
There are thousands of stocks on US exchange.
I looked at them this is what I think.
1. Those story stocks in Biotech and Tech price already fall 50-80%. Space and Genomics stocks . J would mot touch them...90% drop is not uncommon when they go from popular to unpopular and run out of $$.
2. Good but overvalued. Tesla, Nvidia, AMD. These stocks are good but priced for perfection. One foul up, one bad quarterly report ...zip down 50% is possible. But good new may not move it up as they are already overvalued ...so asymmetric.
4. Reasonably valued tech giants like Apple, Microsoft etc. They will hold out...may drop but limited.
5. Ignored good stocks which nobody bothers...so low valuation. Intel, Cisco Micron, HPQ. ...this is where I have bought and investments can still be made.
Just my thoughts after looking across the whole US market. There are many curious and jnteresting thesis I am still studying.
I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
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“Be who you are and say what you feel, because those who mind don't matter and those who matter don't mind"
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