MHh
04-26
I am a long term investor so May weakness could actually be a good opportunity to add good stocks at a steal. This year is also different from the past. Trump’s negotiations with the various nations to cut back on tariffs could offer a great reason for rebound. If it rebounds, I might choose to lock in profit and add again on weakness. I have begun to nibble on some ETFs when the prices dropped. I think we should be able to have some relief till the 90 day deadline by trump is up. Depending on what happens then, stock prices can turn any way. So, I would still be keeping a healthy amount of cash to buy the dip if it happens and would also lock in some profits if the rebound happens from successful rolling back of the tariffs or reduced tariffs. @rL @Kaixiang @Success88 @SPOT_ON @HelenJanet @DiAngel @Universe宇宙 @Wayneqq @Fenger1188 @LuckyPiggie come join
Key Resistance Level: Will S&P 500 Break Out or Turn Lower?
The S&P 500 has rebounded to 5,650 points—its level before April’s sharp sell-off and a key technical resistance zone. Following strong earnings reports from the Magnificent 7, this week’s market focus shifts to the FOMC and its signals on interest rate cuts. The market is still pricing in three rate cuts this year. ------------- Can the S&P 500 successfully break above the 5,600 level, or will it turn lower? And more importantly, can it overcome the seasonal “Sell in May” pattern?
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