After a 10% decline in $NASDAQ(.IXIC)$ and 5% in $S&P 500(.SPX)$ , the market will?Vote please.Letโs keep this one simple; we have a quick 10% decline thatโs nothing to sneeze at, also I thrown a piece of data I shared from another chart which is 75% of Nasdaq stocks are above their respective 50MAโs wish coincides generally with washout signals. MACD is at a former area of support.This decline terminated right at the previous S/R flip area (support/resistance), and stock market 101 is former resistance being turned to support- the Qโs have a chance do that technical support off of that TA level by using fundamentals from earnings to turn that into said support to launch from.One other additive I thr
Hold or Sell? How to Trade This Earning Season?
After most bank stocks had a rough start, both $Taiwan Semiconductor Manufacturing(TSM)$ and $Netflix(NFLX)$ fell over 5% despite significantly exceeding earnings expectations, mainly due to weak guidance from these companies. Tesla and Meta will release earnings next week.
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