13 January 2024
Is good news actually bad news? Or bad news good news? We will find out this week. In this market update, we discuss the short term potential bounce, and depict the longer term bearish trend that has been forming. I will note, that stocks like NVDA have dropped substantially, another 4% today, while small cap stocks have dropped less or equally, which keeps my confidence intact that we will have at least 1 more bounce. Regardless my, yours and anyone’s speculation, let the market tell you the answer. We will keep you updated.
As always, this is just my opinion and thoughts. The markets are risky. You should always consult a financial professional…even though 92% of them underperform the S&P 500. If you have questions, I am available in the chat.
Link to video “What would make me bullish”:
Link to Stock Tracker: https://substack.com/@tjstocks/note/p-154338627
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