Ideas on S&P 500
I believe that stocks may be overvalued recently.
- Raising interest rates will impact on the next earnings reports
- S&P is approaching a double top and it may correct
- The Dow Jones rebalance (24th of July) will definitely impact on the top stocks which will need to be rebalanced from instituitons and funds.
- Raising interest rates will impact on the next earnings reports
- S&P is approaching a double top and it may correct
- The Dow Jones rebalance (24th of July) will definitely impact on the top stocks which will need to be rebalanced from instituitons and funds.
Note
Downgrade from Fitch of US Long Term Debt. Something is moving... And we like it :)Note
Updated the target to 4200 (let's contain ourselfs and avoid being greedy). There's something wrong about the US economy even though everyone's trying to hide it.Trade closed: target reached
The target of the 4200s has been reached position closed :)
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.