Today we have a nice green market, helped mainly by macroeconomic data from the US, but also the results of some companies like $SBUX+1.4% $PYPL-3.2% $QCOM+0.2% $PLTR+0.7% and many others.
What do you think, will this mood in the markets last us until the end of the year? Or will there still be a hard blow and the markets will lose x%?
In my opinion, the markets could stay in a sideways trend and by the end of the year there might not be any more declines in the tens of percents.
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Hey, great insight! I'm optimistic about the market too. Sideways sounds probable, and I hope for a smooth ride to the year's end. 📈😊
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So this week overall when I look at the indices gave us back what the last one took. I think somehow the results responded better to the Fed news, it wasn't bad last week either, but unfortunately it was all down. Now just the $AAPL+0.2% one but still their earnings were good so I'm not worried about the price going down although I mean I was kind of hoping for that because I'd like to buy in but at lower of course. 😊
The results of most companies are nice and I see it very similar to you. Stocks don't have to go up extra, but they don't have to go down either. So I would say that by the end of the year the stock could go up a little bit or go sideways.
I'm also hoping for that sideways path, of course I'd love to see green numbers because despite the way the markets are rising this year I still have positions where I'm very much in the red.
I have the same, I also have several positions in my portfolio that are in the negative.
$AAPL+0.2% in the after market after results - 3%, so I don't know.
Looking at it, $AAPL+0.2% didn't please much, but the rest of the big tech had great results.
Although in the premarket it's slowly starting to come back, so we'll see.