ROBO America first policies are now confirmed, which has led to a significant trendline breakout today. Global investors have also recognized that the next four years will see accelerated development in robotics and automation industries. The target price has been raised, with a long term key resistance of 12x projected within two years by 2026, up from the current 5x
SCHDVOOSPYQQQQQQM The worst news seems priced in, and the market has shown even more oversold price volume action than expected. With key numbers coming in much better than anticipated, we predict this is a bottoming signal, likely leading to a rebound next week that's stronger and faster than the last two
SPXQQQSPYVOOSCHG Some people have been asking us today if a stock market crash is imminent. We told them: historically, the accounts that lose the most money are usually the ones with the highest trading frequency. For example, the study "Trading is Hazardous to Your Wealth: The Common Stock Investment Performance of Individual Investors" found that households with the highest trading frequency had significantly lower returns. Similarly, a 2019 study on Brazilian futures contract traders showed that 97% of day traders lost money. Conversely, the most profitable accounts belong to those who buy stocks and then forget they even own them! Just our personal take, not financial advice.
SPXVOOQQQQQQMSPY As we predicted in Oct, the S&P has already risen by 200 points, and some space stocks have gained over 30-100%. This shows why you should never fall for random doomsday predictions of a market crash. Always rely on price, volume patterns, and behaviour as the ultimate guide
SPXVOOQQQQQQMSPY The broader market has now established a key support level, and with favourable data and interest rate policy updates, the likelihood of a bullish trend is stronger, with only occasional minor corrections. Many argue that rate cuts signal a recession, but for me, price-volume behaviour and factual data are far more important than hearsay. Additionally, space stocks are likely to be the leaders of the next bull market. We'll continue to monitor them closely
SPXQQQSPYVOOQQQM Looking at the job openings figure of 8.04 and other recent data, the economy is performing better than expected. The high demand for labour, along with changes in the job market due to Covid, such as work from home opportunities, is one of the reasons. All of these changes are positive, and combined with technical analysis, I’m not worried about this being the top for the SPX. It’s just some noise.