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Higher Prices Expected into Next Week

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#21 q4wer

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Posted 30 January 2024 - 12:37 AM

big tech earnings like MSFT META  GOOG  could keep market afloat or even higher,   so I thought and still think 2/2  or  2/7 is a high.



#22 blustar

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Posted 30 January 2024 - 08:23 AM

No change in forecast...

 

Bottom Line: Time to start being aggressive on the short side, IMO.

 

A ~4% correction is due...

 

blu


Blessings,

 

blu

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#23 blustar

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Posted 30 January 2024 - 08:23 AM

Let's see what will bring next week - Five of the Mag 7 will be reporting next week  AAPL, AMZN, GOOGL, META, MSFT.  The Fed meeting should be a non-event as everyone now knows what it will do witht the rate - to cut soon or later.   New highs likely next week ........................

Spot on!


Blessings,

 

blu

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