The Real Economy Phase

Updated
what did happen in the past 2 years ago???
2 years ago:

January 20, 2020, CDC confirms the first U.S. laboratory-confirmed case of COVID-19 in the U.S. from samples taken on January 18 in Washington state.

Feb-March 2020: Market crash

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March 2020- November 2021: Stock Market Boom

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November 2021: Chair Powell: In the third quarter, real GDP growth slowed notably from this rapid pace.

After November 2021: Real Economy into effect:

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We see many Big names trading at or below the pre-pandemic levels at the moment..!
For instance:

1- FB:
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2- NFLX:
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3- PYPL:
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4- SQ:
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5- SPOT:
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6- PINS:
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7- Z:
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8- WIX:
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9- TXG:
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10- CRSP:
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While many may think this is a good time and these prices look like huge discounts, I believe we will see lower prices in the next 5 months.

When the real economy slows down and the cost of borrowing increases, the balance sheets will show it with some delay..!

Do not forget:

After any boom in the stock market, there will be a "Bust"


You can see the most important support(green line) and resistance (red line) levels.

Best,
Moshkelgosha

DISCLAIMER

I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA, an accountant, or a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.

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