📈 What are we seeing at the moment? The SNP 500 index broke through the resistance line and headed up! Our "four screens" system gives a "buy" signal. You can see the levels on the chart.
Let's remind you about the rules: a maximum of 2% in the risk transaction and the need to have a system, as well as a plan to exit the position (we will not write about this to our competitors, since we have our own Fund).
📃 Now for the article in the WSJ (the Wall Street Journal). Many people are now interested in why the strongest decline in the economy is almost not reflected in the us stock market?! We recommend reading the article on the WSJ (full article for a paid subscription, we can send you the English version on request in the BOS). It does not prove the fairness of the situation, but it explains the logic of investors. In short, here are 5 main reasons: 1) belief in a rapid recovery; 2) rising tech giant shares offset the overall decline, creating the illusion of normality; 3) overall EPS has grown; 4) lack of alternatives for investment; 5) fear of playing against the fed. In General, as they say "too big to fall".