Market Pullback Begins? Sell or Hedge?

After reaching a high of 5341, the market began to pull back, closing at 5266 points last night. ---------------------------- Having reached the target ahead of schedule, what will happen in the market in the next 7 months? Following the new high in May, where will the market retrace to next? Will you sell stocks to take profit or hedge? Or will you hold firm?

avatarchopper07
2024-05-30
Share adjusment publik and opinion very nice
avatarIykyk
2024-05-30
I think will be down or stay before climb higher. Take a breath
avatarnerdbull1669
2024-05-30

Are Stocks Approaching a Correction? Fear Back, Topping Pattern Expected?

The stock market continued to fluctuate on Tuesday and Wednesday, with the S&P 500 index gaining 0.02% compared to last Friday’s closing price. Wednesday (29 May), we saw declined 0.74%. Last Thursday, the market sold off after a higher open, despite NVDA stock rallying by over 9% following its earnings release. On last Friday, the market rebounded, and since then it has been basically moving sideways. I would see this as part of consolidation process after series of good run, but are we seeing fear back in the market? If so, then, is it a topping pattern? S&P 500 Staying Within A Consolidation We saw the $S&P 500(.SPX)$ closing back below the 5,300 level, after losing 0.74%. Last week Friday’s rebound was retraced. Last week, investor
Are Stocks Approaching a Correction? Fear Back, Topping Pattern Expected?
avatarTiger V
2024-05-30

Market Downturn Amid Rising Yields

Overview of Overall Markets On May 29, 2024, global stock markets faced significant declines due to rising Treasury yields and concerns over prolonged high-interest rates. Major indices in the US and Europe ended the day in the red, signaling investor caution and a potential shift in market sentiment. US Markets: Yield Pressure Overshadows AI Rally US stocks experienced a notable drop, with the Dow Jones Industrial Average $DJIA(.DJI)$  falling by 1.0% to close at 38,441.54, a decrease of 411.32 points. The S&P 500 $S&P 500(.SPX)$   also slipped by 0.7%, ending at 5,266.95, while the Nasdaq Composite
Market Downturn Amid Rising Yields
avatarMichael Esther
2024-05-29

Dailly Analysis: SPY is down as the FED speakers are acting hawkish again

It appears the $SPDR S&P 500 ETF Trust(SPY)$ SPY is down because the FED speakers are acting hawkish again pushing the bond market back up again (this sends the SPY go down since they are inversely related).The bond auction last night didn't have very much demand and today there is one 1pm EST for the 7-yr.I think the market is going to want to fight above this $526 to stay above it towards $530 again.Support after $526 is Thurs and Friday I am expecting bigger moves is $524.I'd be cautious the market is forming a diamond shaping pattern which historically has been bearish leading to a sell off. I think we find out on Friday where this market wants to go for PCE: $S&P 500(.SPX)$
Dailly Analysis: SPY is down as the FED speakers are acting hawkish again
avatarSamlunch
2024-05-29
$SPDR S&P 500 ETF Trust(SPY)$   There's always a "reason" to sell. Don't concern yourself with those reasons. People will always come up with a reason to sell And there always will be. Over the long run, it's best to stay in the game This is the perfect image of why time in the markets always beats timing the market!
avatarSamlunch
2024-05-29
$SPDR S&P 500 ETF Trust(SPY)$ $Invesco QQQ(QQQ)$   Contrary to what most people think, The market is going to rip higher all the way into December. Of course there will be dips along the way (likely in July/August) but we are early in this bull run. $SPX to 5800 and $QQQ 500 are coming. This type of market is when lives are changed. Will you be ready?
avatarTiger V
2024-05-29

Mixed Markets Amid Inflation Data Focus

Overview: Global stock markets exhibited mixed performance on Tuesday as investors shifted their focus to upcoming inflation data. While US markets saw varied movements, European and Asian markets closed mostly lower, reflecting caution among investors. US Markets: Dow Jones Falls, S&P 500 Steady, Nasdaq Rises US stocks showed a mixed trend on Tuesday. The Dow Jones Industrial Average $DJIA(.DJI)$  fell by 216.73 points, or 0.5%, closing at 38,852.86. The S&P 500 $S&P 500(.SPX)$   remained relatively unchanged, adding just 1.32 points to close at 5,306.04. In contrast, the Nasdaq Composite $NASDAQ(.IXIC)
Mixed Markets Amid Inflation Data Focus

Analysis of the "slight rate cut" strategy for US economy and asset allocation

Economic resilience analysisThe United States economy started the year on a strong note, but growth has slowed over time. Nonetheless, the economy's domestic momentum remains strong, thanks largely to:Household Balance Sheet: Since 2009, U.S. households have continued to deleverage, with debt burdens falling to historic lows and household net worth increasing for four consecutive quarters.Labor Market: Market adjustment may be over and wage growth is trending back up.Real Estate Market InsightsThe real estate market shows strong support:Home Price Trends: New Home Sales Pick Up Year-Over-Year, Signaling a Rebound in Home Price Growth.Demographics: Young and middle-aged population growth in the U.S. is supporting home prices, with the upward trend expected to continue through 2033.Manufactu
Analysis of the "slight rate cut" strategy for US economy and asset allocation
avatarTiger V
2024-05-28

Market Outlook: New Highs or Pullback?

Last week, U.S. stocks exhibited significant divergence, with the Dow Jones Industrial Average $DJIA(.DJI)$  , dominated by cyclical sectors, falling sharply, while large-cap tech stocks propelled the NASDAQ 100 Index $NASDAQ(.IXIC)$   and S&P 500 $S&P 500(.SPX)$  Index indices to continue their upward momentum. Nvidia Boosts Tech Stocks Again NVIDIA provided a substantial boost to U.S. tech stocks, even as the broader market pulled back due to ongoing concerns about high interest rates. Nvidia's impressive revenues of $26 billion ex
Market Outlook: New Highs or Pullback?
avatarSamlunch
2024-05-28
$S&P 500(.SPX)$   A bearish indicator for the SPX.  Market breadth assesses the extent of participation of stocks in market movements. It helps gauge whether trends are widespread or driven by a few stocks. A strong breadth suggests broad market health, while weak breadth may signal underlying weakness. 📊 Market breadth may be a leading indicator of market conditions, but the time frame is indeterminate. In this chart, while SPX price is making a higher high (bullish), breadth is instead making a lower high (bearish). In recent months, index strength has been led by a handful of stocks as the AI bubble has kept growing. Are we due for a big pullback? What do you think?
avatarSamlunch
2024-05-28
$SPDR S&P 500 ETF Trust(SPY)$   The $SPX has not had a -2% closing day since February 21st 2023. That was 318 trading days ago! This is the longest such streak since September 9th 2016 through February 2nd 2018. Crazy stat.
avatartarotsgirl
2024-05-27
invest in some  $Straits Times Index(STI.SI)$ to earn some small interest and capital protection and  $SPDR Gold Shares(GLD)$ to ride the waves of commodities. u can beat the inflation but can't earn big.
avatarSamlunch
2024-05-27
$SPDR S&P 500 ETF Trust(SPY)$   Just seven stocks account for 31% of the S&P 500's market capitalization 😲
avatarSamlunch
2024-05-27
$S&P 500(.SPX)$  $SPDR S&P 500 ETF Trust(SPY)$   $SPX set the strongest 100 day start to an Election year ever. And just a little more data mining, when up 10%+ during those 100 days, SPX rose another 8.6% on avg rest of the year. Has happened 9 of last 9 times. Soooo, any dips between now and Election, you buy and hold on for dear life, cos we are gonna be banking hard 💰💰💰💰💰
avatarSTLoke
2024-05-27
$S&P 500(.SPX)$   Predicting the exact movement of the S&P 500 (SPX) over the next seven months involves considering several factors: Bullish Factors: 1. Economic Growth: Continued recovery and expansion can drive stock prices higher. 2. Earnings Growth: Strong corporate earnings reports. 3  Monetary Policy: Supportive actions by the Federal Reserve, such as low interest rates. Bearish Factors: 1. Inflation Concerns: Persistent high inflation could lead to tighter monetary policy. 2. Geopolitical Risks: Uncertainties like trade tensions or conflicts. 3. Market Corrections: Potential for market corrections following recent highs. Given these factors, the S&P 500 could either continue its upward t
avatarKYHBKO
2024-05-26

S&P500 outlook for the week - TA with over 20 indicators

Market Outlook of S&P500 - 27May24 Observations: The MACD indicator is on an uptrend. A top crossover is forming and we should see a reversal soon. Chaikin Money Flow (CMF) has crossed the zero line in the middle which implies an uptrend. Moving Averages (MA). Both the MA50 line and the MA200 line are on an uptrend. The last candle is above both the MA 50 line and the MA 200 line. Thus, it could be read as bullish for the long term and the mid-term. Exponential Moving Averages (EMA). The 3 EMA lines are on an uptrend. I have replaced Stochastic with CMF to incorporate consideration of volume. Stochastic and MACD are similar with Stochastic being “more active” and more capable for “false” signals. Investing recommends a “STRONG BUY” with 21 indicators showing a “Buy” rating and 1 a “Sel
S&P500 outlook for the week - TA with over 20 indicators
avatarSamlunch
2024-05-25
$SPDR S&P 500 ETF Trust(SPY)$   $SPX Chart Update: Look, there's 80 reasons I can give that stocks will continue higher. That is because the SPX goes up about 80% of the times in the long run. No arguing that. Stay in the long game long enough, you will be rich, or at least richer than you were before. But if I had to show the other 20 reasons as to why stocks will NOT go higher, at least just in the interim, it would look something like the chart below. We got the grand mommy of them all, the MOAT. This line is aligned perfectly with the 2007 and 2021 tops and now with today's top (so we think). Coincidence? Who knows, but it looks pretty doesn't it? Then you got the BOAT and the COAT, shorter time frame tr
avatarTechnicalHunter
2024-05-24

$SPX Retreat From ATH, Next Target $518? Momentum & Sentiment Check

$SPDR S&P 500 ETF Trust(SPY)$ $SPDR S&P 500 ETF Trust(SPY)$ Right back to previous ATH level $524.If this ends up defending we may shake out those bears again and continue higher to $532+If not we'll see $517& $514.Check the market momentum and sentiment before you making a decision.$Cboe Volatility Index(VIX)$ is rising!Fear and Greed data: Put and Call Option ratioMarket Momentum:It’s useful to look at stock market levels compared to where they’ve been over the past few months. When the $SPDR S&P 500 ETF Trust(SPY)$ is above its moving or rolling average of the prior 125 trading days, that’s a sign of posit
$SPX Retreat From ATH, Next Target $518? Momentum & Sentiment Check
avatarBomlife
2024-05-24
$S&P 500(.SPX)$  cautions for novices and ride it for seasoned investors
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