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Sucker Rally?
By InvestingNote  •  November 25, 2022
Now’s a good time to take some profits. This post was originally posted here. The writer, Willie Keng is a veteran community member and blogger on InvestingNote, with a username known as @Willie and has close to 120 followers. Here’s why. As far as I know about market rallies, my instinct tells me the rally will continue to go on. I mean, money is flowing, people think we have seen the bottom. Especially when you’re getting headlines like “Stocks Have Already Bottomed. How We know?” The Dow has sneaked past the bear’s eyes. And it’s already up 19%, from the bottom in earlier September. The S&P 500 is up 12% over the same period. The Dow could possibly go back up past 36,000. The S&P 500 could possibly go back up past 4,000. But don’t take my word for it. I’m just plucking numbers from thin air. I mean, what do I know...
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By InvestingNote
InvestingNote is the first and largest social network for investors in Singapore.
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