Broadcom (AVGO) Stock Price Rose by Approximately 25% in MayBroadcom (AVGO) Stock Price Rose by Approximately 25% in May
According to available data:
→ AVGO's closing price on 30th April was $192.42
→ The closing price on 30th May was $241.59
The 25% increase in Broadcom (AVGO) stock price made it one of the leaders in the market. For comparison, the S&P 500 index (US SPX 500 mini on FXOpen) rose just over 6%.
Why is the AVGO stock price rising?
Among the bullish factors contributing to the growth of Broadcom (AVGO) stocks in May were:
→ Growing demand for AI infrastructure. This stimulates demand for Broadcom’s products—such as high-performance networking chips, which are critical for building and scaling data centres for AI.
→ Positive news related to the successful integration of the previously acquired company VMware into Broadcom's business.
→ Optimism ahead of Broadcom’s quarterly earnings report, scheduled for 5th June.
Technical Analysis of AVGO Stock Chart
Price movements in May formed an ascending channel (shown in blue).
From a bearish perspective: AVGO stock has risen to the psychological level of $250, which has acted as resistance since December 2024. Additionally, the strong rally in May may motivate some investors to sell previously purchased shares to lock in potential profits.
From a bullish perspective:
→ The price is in the upper half of the channel, which confirms strong demand.
→ A bullish gap highlighted a buyer-favoured imbalance around the $215 level.
Technically, it would be reasonable to expect a corrective move from the $250 resistance deeper into the ascending channel. However, considering the upcoming earnings report—which often triggers volatility—the bulls could attempt to break through the $250 level and set a new all-time high.
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
Stocks
NAS100 - Will the stock market continue to rise!?The index is above the EMA200 and EMA50 on the four-hour timeframe and is trading within the specified range. In case of a valid break of this range, I expect a new trend to form. In case of corrective movements towards the demand zone, we can buy Nasdaq in that range with an appropriate reward for the risk.
A recent report from Bank of America reveals that investors are actively repositioning in global markets. For the second consecutive week, U.S.equities experienced capital outflows, while European stocks saw inflows for the seventh straight week.
Digital assets attracted $2.6 billion in inflows—the largest amount since January. In contrast, Japanese equities recorded the largest weekly outflow in history, while emerging markets equities attracted their highest inflows of 2025. Meanwhile, emerging markets debt also posted its strongest inflows since January 2023.
Jamie Dimon, CEO of JPMorgan, speaking at the 2025 Reagan National Economic Forum, warned that China will not yield to U.S. trade pressure. He urged that the U.S. must first address its internal challenges, including reforming laws, taxes, immigration, education, and healthcare systems. Dimon also underscored the importance of preserving military alliances.
He noted that China is a serious and potential rival, and if the United States fails to maintain its position as the world’s dominant economic and military power over the next 40 years, the dollar will no longer serve as the global reserve currency. Having just returned from China, Dimon added, “The Chinese are not afraid; don’t expect them to bow to America.”
Currently, markets are pricing in two interest rate cuts totaling 50 basis points by the end of 2025—a forecast aligned with the Federal Reserve’s official dot plot projections. Additionally, the latest FOMC minutes, which revealed policymakers’ concerns over persistent inflationary pressures, played a significant role in shaping these expectations.
Federal Reserve Governor Christopher Waller stated that he would support rate cuts later this year if tariffs remain around an average of 10%. However, his support hinges on inflation moving toward the Fed’s 2% target and the labor market maintaining its current strength.
Meanwhile, Morgan Stanley projects that the U.S. dollar could weaken by approximately 9% by mid-2026, citing a slowdown in U.S. economic growth and an anticipated 175 basis point reduction in the Fed’s interest rates. The bank also forecasts that 10-year Treasury yields will reach 4% by the end of 2025 but fall sharply in 2026 as rates decline further. Both Morgan Stanley and JPMorgan hold a bearish outlook on the dollar, expecting safe-haven currencies such as the euro, yen, and Swiss franc to benefit the most from its weakness.
In this context, market participants are closely watching key economic data in the week ahead. The ISM Manufacturing PMI is scheduled for release on Monday, followed by the Non-Manufacturing PMI on Wednesday. However, the main highlight will be Friday’s May Non-Farm Payrolls (NFP) report, which has exceeded expectations over the past two months. A similar result this time would signal continued strength in the labor market.
Given the Fed’s focus on inflation risks, special attention will likely be paid to the average hourly earnings growth. If wage growth remains above 3%, the market may begin to reprice some of its expectations for rate cuts—especially if the ISM reports also indicate improved economic activity in line with strong S&P Global readings. Such a scenario could pave the way for a renewed strengthening of the U.S. dollar.
Alongside the data releases, a series of speeches from key Federal Reserve officials—including Goolsbee (Chicago), Bostic (Atlanta), Logan (Dallas), and Harker (Philadelphia)—are expected. These remarks could further shape market expectations regarding the future path of monetary policy.
WHAT'S THE FATE OF INTEL CORPORATION STOCK?From the perspective of technical analysis, INTC is approaching a key psychological level at $19. In addition, it's in a downtrend. If the key level should hold by pushing price higher, leading to a break out of the downtrend line and closing with a strong bullish candle above the down trend line and resistance level around $22, this will indicate a strong bullish signal. Likewise, this is supported by a bullish divergence signal from the awesome oscillator. Otherwise, a failure of the psychological level of $19 may lead to price dropping further.
Furthermore, we need to look beyond technical analysis. Fundamental analysis also has some insights for our decisions.
Fundamentals for INTC established a bearish bias. The summary is as follows:
Financial Health:
• Negative EPS (-$4.47): Intel is losing money.
• High Debt ($50B): This can limit growth and increase risk.
• Declining Revenue: Sales dropped from $80B (2021) to $51B (2024).
Valuation:
• Cheap P/S (1.66x), but no P/E (due to negative earnings).
• Dividend yield (2.56%) is at risk of being cut.
Sentiment:
Stock price fell from $56 to $19.55 (65% drop). Institutional investors may be wary.
Fundamentally, INTC is weak — best suited for speculative, long-term bets (if you believe in a turnaround).
Strategy for Traders:
1. Conservative Approach:
- Wait for:
- Break out of downtrend line and resistance around $22 and positive earnings/news.
- Rising volume to confirm momentum.
- Target: $27–$30
- Stop-loss: Below $17 (apply proper risk management).
2. Aggressive Approach:
- Buy near $18–$19 with tight stop-loss ($16).
- Target resistance level at $22.
3. Avoid If:
- You’re risk-averse or prefer stable companies.
- Intel’s debt/revenue trends worsen.
Note:
- Short-Term Trade: Only if breakout confirms ($22+). High risk, but possible 20% bounce.
- Long-Term Investment: Avoid unless Intel shows profit/debt improvement.
Always use stop-losses —Intel’s fundamentals make it volatile.
Disclaimer: This is not a financial advice. The outcome maybe different from the projection. Don't take the signal if you can't accept the risk.
PLTR 1D — When the tea is brewed and the handle’s in placePalantir’s daily chart is shaping up a textbook cup with handle pattern — one of the most reliable continuation setups in technical analysis. The cup base was formed over several months and transitioned into a consolidation phase, building a rectangle structure where smart money likely accumulated positions before a breakout.
Now here’s the key: price has not only broken out — it’s settled above all major moving averages, including EMA 20/50/100/200 and MA 50/200. The breakout candle was supported by surging volume, signaling strong participation from institutional buyers. When all the averages start bending upwards, it's usually not by accident.
The breakout above the $121 resistance zone unlocked a pathway toward a target at $187 , derived by projecting the height of the cup upward from the breakout level. This kind of structure, once confirmed, often fuels aggressive continuation — and this one’s got the setup locked in.
From a fundamental perspective, Palantir is holding solid ground: strong earnings reports, expanding government and commercial contracts, and aggressive development in AI services. Institutional interest is rising steadily, and that momentum is visibly reflected in price action.
To sum it up: price has launched cleanly out of the consolidation zone, pierced all critical MAs and EMAs, and continues to gain momentum. While the market sips its tea, this cup is boiling hot. Just don’t forget your stop loss — this is a trading desk, not a tea party.
If you enjoy posts like this, drop a like, share it around, and let’s hear your thoughts below. It keeps ideas moving and the content flowing — free, sharp, and relevant.
TSLA (Daily) Elliot Wave 3 UnderwayTSLA appears to still be printing a motif wave 3 after finding a bottom at the $208 high volume support node. Fib extension targets suggest we have much higher to go including a new all time high.
Upside resistance target sits just below $413 in the HVN.
Downside targets may test the previous swing high $284
Safe trading
SPX500 (Daily) Elliot wave 4 underwaySPX appears to be printing a wave 4, potentially a triangle giving the proximity to the all the time high. Triangles are a motif wave ending pattern with a thrust up afterwards, typically a poke above the previous all time high before retracing trapping retail with FOMO.
Wave 2 is expected to retrace to the bottom of the triangle / wave 4 currently the high volume node support and .236 Fibonacci retracement at $5680
Safe trading
GROUPON IS UP 10X - But more upside to come. #GRPN has been on fire.
It has also smashed through a major downtrend line and key horizontal level.
I expect the trend to continue.
"The company expects 2025 revenue between $493 million and $500 million and adjusted EBITDA of $70 million to $75 million, both topping Bloomberg's consensus estimates of $491.3 million in revenue and $74.8 million in EBITDA. Groupon also projects at least $41 million in free cash flow for the year."
#Roaring20's
POLESTAR (PSNY) - LONGTERM BUYING OPPORTUNITY, RISK:REWARD 1:10Polestar (PSNY) has been in a long term downtrend since its launch on the NASDAQ, the EV sector has seen some excitement however adoption to EV vehicles has been a slow trend worldwide compared to the hype when first introduced. At current, EV sector participants are in the beginning phases of mass adoption and battery and charger technology is seeing some much needed advancement before mass adoption can take place, many barriers exist in real world infrastructure and this technology will take many years to advance. The promise of autonomous self driving will ultimately catapult these EV companies to new heights financially, however the timing is not right just yet. Once AI advances enough to power ASD, rob taxis and self driving will be a common sight around the world starting in smaller cities and eventually becoming advanced enough to power more of the vehicles worldwide. Polestar's all time low trading price is at $.60 cents and currently sits right above $1.00 per share. Any price between $.60 cents and its current price would be a good 1:10 risk reward investment with downside very limited to potential upside gains to $10 and potentially higher in the long term future. If the EV and AI fulfill its promise, the investment should pay off in the long term.
Disclaimer: With any investment advice especially those where you plan to invest your hard earned money, do your own research before taking any financial advice to understand your exposure and risk tolerance, analyze the utilization of any broker(s) or investment vehicle(s) to understand how your funds are stored or utilized within the platform and always have a plan and strategy prior to entering any market.
Wipro in recovery mode on monthly chart.Wipro Ltd. is a global information technology, consulting and outsourcing company, which engages in the development and integration of solutions.
Wipro Closing price is 249.67. The positive aspects of the company are Attractive Valuation (P.E. = 19.9), Companies with Zero Promoter Pledge, Companies with Low Debt, Annual Profit Growth higher than Sector Profit Growth, Company able to generate Net Cash - Improving Net Cash Flow for last 2 years and FII / FPI or Institutions increasing their shareholding. The Negative aspects of the company are Stocks Underperforming their Industry Price Change in the Quarter, Promoter decreasing their shareholding, Increasing Trend in Non-Core Income and MFs decreased their shareholding last quarter.
Entry can be taken after closing above 251 Historical Resistance in the stock will be 257 and 277. PEAK Historic Resistance in the stock will be 292 and 312. Stop loss in the stock should be maintained at Closing below 227.
Disclaimer: The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock or index. The Techno-Funda analysis is based on data that is more than 3 months old. Supports and Resistances are determined by historic past peaks and Valley in the chart. Many other indicators and patterns like EMA, RSI, MACD, Volumes, Fibonacci, parallel channel etc. use historic data which is 3 months or older cyclical points. There is no guarantee they will work in future as markets are highly volatile and swings in prices are also due to macro and micro factors based on actions taken by the company as well as region and global events. Equity investment is subject to risks. I or my clients or family members might have positions in the stocks that we mention in our educational posts. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message. Do consult your investment advisor before taking any financial decisions. Stop losses should be an important part of any investment in equity.
Munjal Auto giving a Breakout on Monthly chart. Munjal Auto Industries Ltd. engages in the production of automobile components. It operates through the Auto Components and Composite Products and Molds segments. It manufactures exhaust systems for two wheelers and four wheelers, spoke rims for two wheelers, steel wheel rims for two wheelers and four wheelers, fuel tanks for four wheelers, sheet metal components, seat frames for four wheelers, and other automotive assemblies.
Munjal Auto Closing price is 82.98. The positive aspects of the company are Companies with Zero Promoter Pledge, Companies with Low Debt and FII / FPI or Institutions increasing their shareholding. The Negative aspects of the company is Stocks Underperforming their Industry Price Change in the Quarter.
Entry can be taken after closing above 83 Historical Resistance in the stock will be 88.5 and 96. PEAK Historic Resistance in the stock will be 109 and 119. Stop loss in the stock should be maintained at Closing below 72.3 or 60.7 depending upon your risk taking ability.
Disclaimer: The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock or index. The Techno-Funda analysis is based on data that is more than 3 months old. Supports and Resistances are determined by historic past peaks and Valley in the chart. Many other indicators and patterns like EMA, RSI, MACD, Volumes, Fibonacci, parallel channel etc. use historic data which is 3 months or older cyclical points. There is no guarantee they will work in future as markets are highly volatile and swings in prices are also due to macro and micro factors based on actions taken by the company as well as region and global events. Equity investment is subject to risks. I or my clients or family members might have positions in the stocks that we mention in our educational posts. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message. Do consult your investment advisor before taking any financial decisions. Stop losses should be an important part of any investment in equity.
NPWR : Small Position Size Play with 5.00 Risk-Reward RatioNet Power Inc. NPWR stock has seen high volume and a tendency to break the falling wedge. Can this initiative close the gap that ended at 6.7 ?
This traded can be tried with very small position size.
Because Stop-Loss and Target are very wide.
Risk-Reward Ratio : 5.00
Stop-Loss : 1.20
Target: 6.70
NVIDIA Massive Cup and Handle targets $200.NVIDIA Corporation (NVDA) is pulling back aggressively following yet another positive Earnings report, where they beat the estimates again but the market is reacting with selling. That has been a 'norm' in the past 12 months but even from a technical standpoint, the price reached the 143.60 Resistance level (made of the February 18 High), so profit taking is technically normal market behavior here.
On the longer term however, this Resistance test potentially forms the top f a very powerful pattern, the Cup and Handle (C&H). At the moment, the market has the support of both the 1D MA200 (orange trend-line) and 1D MA50 (blue trend-line) and the Handle, which has just started, has some room to safely consolidate for a while before the pattern break-out upwards.
Technically, C&H patterns reach their 2.0 Fibonacci extensions after the break-out, so our medium-term Target is set at $200.
Notice also the Bearish Divergence on the 1D RSI, which is similar to that of late October 2024. A break below the 1D MA50 risks the bullish structure on this pattern.
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Toast, Inc. (TOST) – Powering the Future of RestaurantsCompany Snapshot:
Toast NYSE:TOST is cementing its position as the go-to restaurant operating system, offering integrated solutions for payments, POS, inventory, and guest engagement—all tailored for food service businesses.
Key Catalysts:
Recurring Revenue Powerhouse 💸
ARR hit $1.7B in Q1 2025 — up 31% YoY
SaaS-driven model provides high visibility and stickiness
Expanding Client Base & Network Effects 📈
Serving ~140,000 locations, up 25% YoY
More locations = richer data + stronger product improvement + increased client lock-in
Enterprise-Grade Momentum 🏢🍔
Wins with Applebee’s (~1,500 locations) and Topgolf demonstrate Toast's scalability
Validates ability to support complex, high-volume operators
Operating Leverage in Motion ⚙️
As ARR scales, margins improve—positioning Toast for profitable growth over time
Investment Outlook:
✅ Bullish Above: $37.00–$38.00
🚀 Target: $60.00–$62.00
📈 Growth Drivers: Enterprise adoption, recurring revenue, SaaS scale, network effects
💡 Toast is becoming the digital backbone of modern restaurants—serving up growth with every seat. #TOST #SaaS #RestaurantTech
Tesla: Completed!TSLA has moved somewhat closer to the resistance at $373.04 since our last update, but these gains have now been tempered. We now consider the turquoise wave 4 as finished and anticipate imminent sell-offs during wave 5. These should eventually complete the magenta wave (3) of a larger downward impulse below the support at $215.01. However, due to recent upward momentum, we have increased the relevance of our alternative scenario. We now consider it 38% likely that the stock has already completed the large correction of the blue wave alt.(II) with the last significant low and will continue to rise directly during wave alt.(III). In this case, the price would next not only rise above the nearby resistance at $373.04 but also overcome the higher levels at $405.54 and $488.50.
📈 Over 190 precise analyses, clear entry points, and defined Target Zones - that's what we do.
Musk Steps Away from Politics: What Does It Mean for Tesla?Musk Steps Away from Politics: What Does It Mean for Tesla (TSLA) Stock?
Yesterday, it was announced that Elon Musk will be stepping down from the Trump administration as his term as head of DOGE—where he focused on reducing government spending—has come to an end.
This decision follows his statement at the economic forum in Qatar, where Musk said he plans to focus less on politics, as he feels he has already done enough in that realm.
What Does This Mean for Tesla (TSLA) Stock?
Musk’s move away from politics is likely a positive signal for investors. Here's why:
→ The company’s CEO can now devote more time to addressing issues such as declining vehicle sales in Europe;
→ Musk’s role at DOGE will no longer pose reputational risks for Tesla..
During yesterday’s main trading session, TSLA stock surged to $367—its highest level since mid-February.
Technical Analysis of TSLA Stock Chart
The price continues to hover near the upper boundary of an ascending channel (marked in blue), which could pose a challenge for further upward movement.
Additionally, the price has entered the $355–$375 range—a zone that previously triggered significant reversals (as indicated by arrows). Notably, there was a sharp decline from this zone between February 21–26. From a bearish standpoint, this area could act as resistance, and the candle’s close near its low yesterday supports this view.
From a bullish perspective, the fundamental outlook may still provide upward momentum:
→ A joint press conference with Trump and Musk is scheduled for today;
→ In early June, Tesla is expected to begin testing its autonomous taxis.
So, while a continued uptrend is possible, a short-term correction would seem reasonable after TSLA’s nearly 27% surge throughout May.
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
NVIDIA 1D — When “Head & Shoulders” Aren’t Just for the GymOn the daily chart, NVDA has broken out of the descending channel and reclaimed the 50-day moving average (MA50), triggering a classic inverted head and shoulders formation. Price is now holding above the key $113–$114.50 zone, confirming a structural shift. As volume picks up, buyers are eyeing the next levels of resistance.
Near-term upside targets: – $119.80 (0.5 Fibonacci) – $127.62 (0.382) – $137.28 (0.236) — primary resistance zone – Extended target — $152.91 (1.0 Fibonacci projection)
Technical setup: — Breakout from channel + above MA50
— Inverted head and shoulders pattern completed
— $114.50–$118.00 now acts as buyer support
— EMA and MA convergence supports trend reversal
— Increasing volume on rallies supports bullish momentum
Fundamentals: NVIDIA remains the AI and semiconductor sector leader. Growing demand for high-performance GPUs in AI and data centers positions NVDA as a core tech play. Expectations of strong earnings and continued institutional accumulation support the bullish narrative.
The confirmed breakout and inverted H&S setup mark a clear structural reversal. As long as price stays above $114.50, the path toward $127–$137 remains the primary target zone, with $152.91 in sight if momentum continues.
Nightly $SPY / $SPX Scenarios for May 30, 2025🔮 Nightly AMEX:SPY / SP:SPX Scenarios for May 30, 2025 🔮
🌍 Market-Moving News 🌍
🤝 Debt-Ceiling Deal Advances
The U.S. House passed a bipartisan framework extending the federal borrowing limit through September, easing immediate default fears and lifting risk assets.
📉 Bond Yields Retreat
After surging above 4.6% earlier this week, the 10-year Treasury yield dipped back toward 4.5%, helping equities recover from recent rate-driven pullbacks.
⛽ Oil Inventories Jump
API data showed a 5.2 million-barrel build in U.S. crude stocks last week, sending oil prices lower and weighing on energy sector names.
🚗 Tesla Price Cut Spurs EV Rally
Tesla ( NASDAQ:TSLA ) cut Model 3 prices by 3% in the U.S., igniting a broader EV stock rally as investors priced in renewed demand ahead of summer driving season.
📊 Key Data Releases 📊
📅 Friday, May 30:
8:30 AM ET: Personal Consumption Expenditures (PCE) Price Index for April
Measures core inflation trends—Fed’s preferred gauge of consumer-price pressures.
10:00 AM ET: Pending Home Sales for April
Tracks signed contracts on existing homes; a leading indicator for the housing market.
⚠️ Disclaimer:
This information is for educational and informational purposes only and should not be construed as financial advice. Always consult a licensed financial advisor before making investment decisions.
📌 #trading #stockmarket #economy #news #trendtao #charting #technicalanalysis
GOOGLE Repeating 2024 pattern and eyes $197.00Alphabet Inc. (GOOG) has established a Channel Up pattern since the (near) 1W MA200 (orange trend-line) rebound. With the 1D MA50 (blue trend-line) now acting as a Support, this pattern resembles the Channel Up formations that emerged in 2024.
Both in terms of 1W RSI and pure price action alike, we are in a similar consolidation level as November and April 2024. Both patterns peaked after similar rallies (+40.60% and +46.23% respectively), so the minimum Target we are expecting on the medium-term is $197.00.
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Nvidia Stock Price Rises Over 4% Following Earnings ReportNvidia (NVDA) Stock Price Rises Over 4% Following Earnings Report
Yesterday, after the main trading session, Nvidia released its quarterly earnings report, which exceeded analysts' expectations:
→ Earnings per share: actual = $0.81, forecast = $0.73
→ Revenue: actual = $44 billion, forecast = $43.3 billion
Additionally, according to media reports, Nvidia issued a strong forecast for the next period, although CEO Jensen Huang noted difficulties in accessing the Chinese market, which he estimates to be worth $50 billion.
Nevertheless, market participants reacted positively. According to Google, in after-hours trading the NVDA stock price rose by more than 4%, surpassing the $140 level.
It is reasonable to assume that this initial positive reaction could continue during today’s main trading session.
Technical Analysis of NVDA Chart
As we mentioned earlier this week, NVDA stock in 2025 has formed a broad descending channel (shown in red), and just before the earnings release, the price was consolidating near the upper boundary of this channel.
We also suggested a scenario in which the bulls might attempt to break through the upper boundary of the channel. Given the positive earnings report and the stock market rally following the Federal Court’s decision declaring Trump tariffs invalid, the likelihood of this scenario increases.
This, in turn, means that:
→ the upper boundary of the channel, once broken, may act as support;
→ we may once again see the key psychological resistance level of $150 come into play — a level we have highlighted multiple times before.
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
SP500 // Stock Market Still a Buy? Here’s My ETF ApproachUnlike the Forex market, in the stock market—even when we’re hitting new highs and running out of chart space—it still makes sense to continue accumulating positions in U.S. indices. For a more profitable and diversified approach, ETFs offer a wide range of options: SPY, TQQQ, QQQ, and international ones like VEA.
Where do you trade stocks? I'm curious to hear what platforms and strategies others are using.
If you have any questions about building a portfolio or selecting ETFs, feel free to reach out. Happy to share insights and help where I can.
Wishing you consistency and strong returns.