US Technology Index

Are you buying ETFs in the current downturn?

The S&P 500 ($^GSPC) is down about 5% in the last month and $^NDX is down about 8%. I'm currently overbought mostly individual stocks, but this time I also overbought the Nasdaq 100.

Investors, what ETFs besides the SP500 do you have in your portfolio?

I have $^NDXin my portfolio and I am thinking of including $BRK-Basome Indian ETFs in my portfolio.

Investors, are you planning any buying or selling next week?

I'm going to buy $SPY and $^NDX like I do every month, and I may buy $BTI.

I wish you good luck, good health and good trades for the new year🤩🥳

Quick info at the end of the first full week of December.

Stocks closed the first full week of December trading with a win today as investors viewed the monthly US jobs report positively and accepted the case that the Fed will start cutting interest rates next year. The US unemployment rate fell to 3.7% in November. Meanwhile, the economy created 199,000 jobs, up from the...
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Investors, what stocks are you planning to buy this month?

I'd rather like to accumulate cash this month, but at the very least I'll send some money back into $SPY and $^NDX.

FED vs INVESTORS

Another week ends and we also begin December 1, 2023, the last month of the year (so far growth), despite high interest rates. I took the liberty of choosing this headline because the situation looks like that to me now. On the one hand, investors who are flooding the market with optimism, and against them the Fed, which is still trying to keep the option on the...
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Investors, what ETFs do you have in your portfolio?

I have $SPY and $^NDX index in my portfolio but I would like to maybe include some Indian ETFs in my portfolio.

Alternatively, vote in the poll which ETFs you prefer the most.

The $^NDX index is up over 40% for the year, which is very respectable. I always buy into a portion of $^NDX at the beginning of the month for a certain amount and specifically buy $CNDX.L.

Do you have $^NDX included in your portfolio and if so, what index specifically are you buying?

Continuation of the 100th Anniversary Conference of the Division of Statistical Research in Washington DC - speech by Jerome Powell

One of the most watched men in US economics was scheduled to speak at this event on Wednesday and Thursday, 8-9.11.23. I have already added the summary for Wednesday and the markets remained fairly quiet. Today I will add a summary of his speech, a...
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Powell urges Fed economists to be flexible

Jerome Powell - will give several speeches, remarks today and tomorrow at the Centennial Conference of the Division of Research and Statistics in Washington, D.C.

The job market showed us results and helped us end the week in growth. 🚀

So friends, for once, good news too. The latest employment data is back in the US and it is slowly painting the picture all investors want to see and that is that the job market is cooling and so for the Fed this may mean no more hikes.

Only 150,000 jobs were added in October, falling short of expectations...
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US GDP grew at an annual rate of 4.9% in the third quarter, better than expected.

The U.S. economy notched a remarkable achievement in the third quarter this year, with growth exceeding the expectations of many economists and analysts. Gross domestic product (GDP), a measure of all goods and services produced in the U.S., grew faster than many had expected. This development...
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Have a nice ending Sunday and a successful start to another week full of results. 🍀💰

News from Saturday, 10/14/23 that jumped out at me and again around the Fed.

As we know, the Fed is scheduled to meet on 10/31-1/11. Originally it looked pretty realistic that another interest rate hike was coming. In the end, according to Bloomberg, the Fed is going to extend the pause. So now...
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The Nasdaq-100 index is up more than 30% this year, but the index is down more than 4% in the last month. Perhaps we could see some year-end pullback in this index but also in tech stocks. I don't buy tech stocks anymore, but I do buy the Nasdaq-100 every month.

Do you have $^NDX in your portfolio and how do you currently view the tech sector?

What ETFs do you have in your portfolio? I'm going DCA $SPY and $^NDX, but I'd like to add some European or even Asian ones might be interesting.