this guy already warned last Friday morning to take profit because "we could see a market meltdown this week because Evergrande would be missing their second bond coupon payment and US Treasury yields have been rising a lot and this would affect the high-multiple tech sector in particular."
the upcoming 4th qr is normally the strongest qr, 3rd qr is the first strong qr release and market might wonder can this strong profit sustain for the upcoming qr. Lets the company do their work, any big market correction is a good oppo to collect
As I see it, much depends on the tech nasdaq which inturn affects the big local tech stocks giant like MPI gang! Market current tech sentiment is ⚠️ Cautious trading guys! Good luck!
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
iPlay
1,812 posts
Posted by iPlay > 2021-09-28 10:32 | Report Abuse
I believe too, it will LU or at least near to limit !!!....kaw punya !..... serious !