The S&P 500 index is up 20% from the lows in October, so the index is technically in a bull market.
Shares of $AAPL are up 1.5%, taking it to an all-time high of $183.86.
Shares of $MSFT are also hitting a new all-time high.
How do you feel about the current market situation and what do you expect?
I would also like to know the answer to the question of what to expect from the market, but now it's an unreal goulash, it seems to me, the market does pretty much whatever it wants regardless of what's going on around it,
Also, I don't want to sell these particular companies too much, but I still believe in growth for a while. I've been expecting a gradual fall now due to the interest rate hike, but more likely it will be delayed until the next session and I think we'll be down a bit there, but I don't believe in the October lows anymore. But at the same time I don't believe in a pure bull market anymore that year, the situation is not such that the Fed will start cutting rates. It will break just I think, but who knows ...🤷♂️😊
I'd say there needs to be a correction. However, one has to keep in mind that (not only) the big players have record amounts of cash that can pour into the market at any time. That would be a bull market 😁.
I think we will go up in the short term, but then it has to fall, this is not healthy 😀
It looks good, but how long will the hype around AI last?
I'm looking at this with horror even though I have both companies in my portfolio. We'll see if there's any more correction, but right now the markets seem really out of whack to me.