Hahajoy
2022-10-26

$NASDAQ(.IXIC)$the market end higher. three major index all stand above the resistance point, and show strong short term up trend. 

I expect the rally continue, but pay attention to the big names who release earning report tomorrow and the day after tomorrow. $amzn$, $meta$ will be big risks for the market, also the economy data be released this Friday will challenge this rally.

For the strategy of option, I will avoid short put and short call due to the risk from potential Volatility.

Semiconductor section is important for the  whole market trend. Pay more attention on it as an early sign for the market trend.

Discussion and questions will be welcome. 

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Comments

  • boardy
    2022-10-26
    boardy
    Long term the direction has to be up but my excitement these days lasts 48 hours before market changes its mind lol
  • ML808
    2022-10-26
    ML808
    interesting
  • Pettan
    2022-10-26
    Pettan
    Nice
  • HMH
    2022-10-26
    HMH
    Ok
  • Han Tee
    2022-10-26
    Han Tee
    Ok
  • KacyYeo
    2022-10-26
    KacyYeo
    [smile]
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