My personal opinion - an expected decline of the Nasdaq
We are in tense weeks where the market is in a war of bulls and bears.
After reading market reviews on behalf of Bank of America and others, analyzing market trends, talking to representatives of the Federal Reserve, past behavior of the market and performing technical analysis.
In my opinion, all the data is converging to the point where the Nasdaq is going to fall to the peak of the Corona period.
1. Traditionally, the bottom in the market comes only after the interest rate hikes are over.
2. Apple, the most powerful company in the USA, has not yet broken the mold of the cup and the handle it created.
3. The period of reporting the results will bring with it a decrease in the PE of companies that has not yet been updated in accordance with the decrease in profits.
Good luck to everyone, Yosef
After reading market reviews on behalf of Bank of America and others, analyzing market trends, talking to representatives of the Federal Reserve, past behavior of the market and performing technical analysis.
In my opinion, all the data is converging to the point where the Nasdaq is going to fall to the peak of the Corona period.
1. Traditionally, the bottom in the market comes only after the interest rate hikes are over.
2. Apple, the most powerful company in the USA, has not yet broken the mold of the cup and the handle it created.
3. The period of reporting the results will bring with it a decrease in the PE of companies that has not yet been updated in accordance with the decrease in profits.
Good luck to everyone, Yosef
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