The question on every investor’s mind now is whether today is just a breather before more selling erupts next week or whether investors over-reacted on the last two days of selling.
Here is the intraday analysis of the markets into the midday for Jan 20 2023. The analysis covers New York (SPX), NASDAQ and for investors following Canadian stocks, the TSX Composite Index.
Also included are comments on Netflix Stock (NFLX) and the handling of the trade setup from yesterday.
The rest of the Stock Market Outlook Midday Intraday Analysis is for FullyInformed Members.
Bounce Or Upside Momentum?: Stock Market Outlook Midday Analysis for Fri Jan 20 2023
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Disclaimer: There are risks involved in all investment strategies and investors can and do lose capital. Trade at your own risk. Stocks, options and investing are risky and can result in considerable losses. None of the strategies, stocks or information discussed and presented are financial or trading advice or recommendations. Everything presented and discussed are the author’s own trade ideas and opinions which the author may or may not enter into. The author assumes no liability for topics, ideas, errors, omissions, content and external links and trades done or not done. The author may or may not enter the trades mentioned. Some positions in mentioned stocks may already be held or are being adjusted.
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