ysawm
2023-11-10

This week brought a wave of excitement for many investors as numerous stocks hit Year-to-Date (YTD) highs or even All-Time Highs (ATH). As I assess the market's pulse, the burning question is whether to expect further highs or brace for a potential pullback.

Personally, I find myself toeing the line between optimism and caution. It's tempting to chase the highs, especially when the market is buzzing with positive energy. However, experience has taught me to tread carefully. The allure of quick gains needs to be balanced with a realistic outlook on market dynamics.

As for my watchlist, Alphabet is the star of the show this week. While it's exhilarating to witness such success, I'm mindful of the importance of due diligence. Research becomes paramount in determining whether to ride the momentum or anticipate a correction.

In this dynamic market, the decision to chase highs or brace for a pullback is a nuanced dance. As I navigate these choices, one thing remains clear – staying informed and maintaining a balanced approach is key in the ever-evolving world of investments.

Nasdaq 9th gains: Beat records or Pull back this week?
Nasdaq and the S&P 500 notched their longest winning streaks since November 2021. The Nasdaq rose 0.9%, advancing for its eighth consecutive day. The S&P 500 gained 0.3%, its seventh straight winning session. With the strong rebound, many stocks hit YTD high or All-time-high this week. ------------------ Expect for new highs or pullback of these stocks? Will you chase the high? Which company in your watchlist reached new high?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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