TraderNeo
2021-05-21

The tech-heavy Nasdaq outperformed the Dow Jones Index even after the release of Fed minutes where the minutes confirmed the possibility of Fed considering tapering, which should impact the tech heavy Nasdaq more. Perhaps it’s ‘sell the rumour, buy the news’ and because the Nasdaq has fallen nearly 6% from its April highs.

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  • Boo2020
    2021-05-21
    Boo2020
    oh that's weird
    • TraderNeo
      watching the 10-yr treasury yield, more downside ahead if the yield breaches above 1.74%
  • TraderNeo
    2021-05-22
    TraderNeo
    @ngchris hey Chris! how was trading day today? Though Nasdaq ended red on Fri, still managed to outperform the other indexes for the week
    • ngchris
      Hi TraderNeo, I spent the day looking for stock to buy. But still feeling uncertain about the market so still waiting.  How's your trading day?
    • TraderNeo
      Hi Chris! market was very muted last night. I’m waiting for Fri when PCE price index is to be released as markets will move once inflation news is involved @ngchris
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