Today we have a nice green market, helped mainly by macroeconomic data from the US, but also the results of some companies like $SBUX $PYPL $QCOM $PLTR 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.
Osobní pohled člena komunity, ne investiční doporučení. Pravidla komunity
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 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.
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