Tech stock movement this year reminds me of gloves when on the way down. There will be one day pumps and rallies followed by few days of red and then rinse and repeat. Beware of deja vu.
really unfortunate for atect cause by this hike rate. once the rate is clear, we will see the direction where it will go. for sure every country will protect their industry especially USA that dependent very much on technology
US stock sell off,.......some people worry about interest rate hike,.......some people worry about ukraine war,........to me ukraine war unlikely to happen,.......US don`t have money to go for war,.......they will cease the anti missile program in ukraine,......RUSSIA &US will talk peace eventually,.......US need a lot money to built their infrastructure,......look, they have pulled out military from iraq & afghanistan,.....they can afford another war.
technology & IT product,..people use it everyday, demand remain high,.....where else rubber glove product only use in healthcare sector,........over supply in rubber glove now,........worst to come for rubber glove sector,.......
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....
henbaram
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Posted by henbaram > 2022-01-21 11:10 | Report Abuse
zachzach, not posible. dow and nasdaq was down 1-2% last night. I would say going to close at 1.7-1.8