Market weakness is shown by lower highs and lower lows, which the chart here of the QQQ, which tracks the NASDAQ 100, indicates has been happening since Oct of last year. The latest rally in January is approaching the last high set in late November. If the market breaks through this, you could anticipate a further rally. If not, then we could get a correction or more. Time will tell.
Portfolio Return as of 02/09/2023:
2020: 25.65%
2021: 29.15%
2022: -.019% (SP500 -18.01%)
YTD: +8.29
Subscribe to:
Post Comments (Atom)
-
After reading (and attempting the solutions offered in some) several articles about SQL and CAGR, I have reached the conclusion that none o...
-
High-yield bonds are sending the stock market a warning sign. This is not a prediction, but a leading indicator. Just because it's happe...
-
Climate change activists are not just interested in reducing carbon emissions in order to "save the planet." Their underlying desi...
No comments:
Post a Comment
Thanks for the comment. Will get back to you as soon as convenient, if necessary.