S&P uptrend ending soon
Updated
Momentum is slowing down as we approach ath and it looks price could reverse soon.
Tech stocks: The FAANG bubble popped. We are at a prime area for return to normal bull run to top.
Expect disapointing earnings fueling a selloff. Even if they are good we selloff anyway probably :p
And drive the whole market lower.
FAANG all in the same situation and big other ones too.
We seem to be at a time where retail dominated markets reverse in that area.
The chartguys whose videos I sometimes watch says that we could go up easilly if BioTech bounces.
FAANG alone are 11% of the snp and every one watches them, the whole planet knows about them.
Biotech is smaller and less people care and Theranos (eksdee).
Odds look good or ok.
Tech stocks: The FAANG bubble popped. We are at a prime area for return to normal bull run to top.
Expect disapointing earnings fueling a selloff. Even if they are good we selloff anyway probably :p
And drive the whole market lower.
FAANG all in the same situation and big other ones too.
We seem to be at a time where retail dominated markets reverse in that area.
The chartguys whose videos I sometimes watch says that we could go up easilly if BioTech bounces.
FAANG alone are 11% of the snp and every one watches them, the whole planet knows about them.
Biotech is smaller and less people care and Theranos (eksdee).
Odds look good or ok.
Note
The pyramid scheme is collapsing. Not spread fear or anything, I would NEVER do that.
I am just a honest good willed sith lord that wants every one to know how bad things really are (:
Note
Market got a reason to fall.France approves digital tax on American tech giants, defying US trade threat.
Le Maire has said the tax would raise up to 500 million euros ($565 million) per year.
Trump is pretty pissed.
Good, good. This is too convenient... Can't be a coincidence...
Rothschilds orchestrated it all?
IMF? G8? ECB? All 3 have a french president.
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