$S&P 500(.SPX)$ has had a bad

2024-02-14

$S&P 500(.SPX)$ has had a bad day yesterday as we know it, probably triggered by the latest inflation related news.

I may be wrong, but I will be surprised if this is the start of the reversal.

Rather than a technical analysis, I will explain from a macro level perspective. Everyone had a good weekend, it was the superbowl, it is the start of the Lunar New Year, Joe Biden posted on Tiktok, new Marvel deals, it's the Dragon year, more Feds on a 'no landing' Feds outcome, etc. As hard as it may seem to be, this is a temporary pullback, everyone is ready to move on again, everyone has accepted the inflated prices, the shrinking portion, the dystopic reality.

The emotional buying and spending is the bedrock of the next Bull run. Major events are happening around the world, US presidential election is coming in November 2024, speeding up of AI pick up rate, more Asian babies expected this year because of the Dragon year, a good time to shake of the 'bad luck' / downturn of the past few years.

Any trading tips? Please share in the comments section!

@TigerStars @MillionaireTiger

Modified in.2024-02-14

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.

Comments

Bear24
2024-02-16
Bear24
Great ariticle, would you like to share it?
- Dan1192:
  Thanks for sharing!
Sonsonkok
2024-02-16
Sonsonkok
Great ariticle, would you like to share it?
- Dan1192:
  Thanks for sharing!
KSR
2024-02-15
KSR
👍
Tom Chow
2024-02-15
Tom Chow
good
- Dan1192:
  Thanks! Have a great day!
Joe Lamborgh
2024-02-15
Joe Lamborgh
Nice art
- Dan1192:
  Thanks!
YueShan
2024-02-15
YueShan
Good⭐️⭐️⭐️
- Dan1192:
  Thank you and happy new year!

Leave a comment

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