I just posted a bearish chart, here is one for the bulls
Everybody has noticed tech is getting a bid now that cyclicals are pulling back. While there have been recent massive flows into cyclicals, especially Financials & Energy, there have been outflows in Tech and Cathie Wood who back in December was considered god-like has taken her lumps
Adobe and Nvidia are recent breakouts of the big bases in FANMG+ stocks.
Another leg up in big cap tech while cyclicals flounder might mimic the Jan18 - Oct18 time period.
Something to consider before getting out the claws.
As always this is for entertainment purposes only.
Everybody has noticed tech is getting a bid now that cyclicals are pulling back. While there have been recent massive flows into cyclicals, especially Financials & Energy, there have been outflows in Tech and Cathie Wood who back in December was considered god-like has taken her lumps
Adobe and Nvidia are recent breakouts of the big bases in FANMG+ stocks.
Another leg up in big cap tech while cyclicals flounder might mimic the Jan18 - Oct18 time period.
Something to consider before getting out the claws.
As always this is for entertainment purposes only.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.