Feels like it is not just Omicron fears, but inflation fears added on top of it. So far can see that people are hopeful on Omicron being mild, but still 2totally different groups on the inflation views. However, it certainly feels like this is the bottom for many stocks, bouncing off their support quite a few times. Those that are having red P/L, don't lose heart and sell at a loss. Hold on...market should recover soon.
Please trade safely. Many companies stock price drop despite good earnings report during this period. With that said, good earnings and stock price drop became an opportunity for my favourite stocks 👍👍
Many investors think that Tesla's growth is very very far in the future, but Tesla has already started to prove them wrong with great growth past 2 earnings call. If you are holding long term, I think now is still a good price to DCA. $1200 target not applicable to day/swing trade.
😨😨 why does news and articles keep trying to twist the news and information? So many stocks are trading sideways, lower from previous highs, because of economic reasons, even with good news and strong earnings. These twisted news will just trick retail investors like us. Once again, when articles come out with good news, it is normally too late for us to enter as it might already be at the peak. If bad news on article, take note! it might just be a good time to enter.
FUD on inflation is still very high. Recovered slightly on Wednesday because FED mentioned it's not here yet...but overall everyone still speculating inflation is coming soon...