October effect or rebound? How do you trade in Oct.?
$S&P 500(.SPX)$ and $NASDAQ(.IXIC)$ lost % and % in the past month. The yield on the benchmark 10-year bond climbed higher to hit a fresh 15-year high of 4.643%.
After the upset September, are you ready for October Effect?
The October effect is the belief that stocks tend to decline in October, often linked to historical crashes like Black Monday in 1987. September has seen more market declines historically.
Analysts expect more losses till the year-end?
According to the poll by Reuters,
A majority (71%) of analysts anticipate a correction in their local equity markets by year-end.
Surprising stock surges in May-July coincided with strong economic performance, but concerns about underperformance persist.
High money market rates, higher U.S. Treasury yields, and expectations of continued elevated rates contribute to the correction sentiment.
Some contrarian investors see it as a buying opportunity.
At what price will you bottom big tech?
Tech giants also dip much in this pullback.
With the faded AI enthusiasm, $NVIDIA Corp(NVDA)$ fell to $420 but still way higher than the surprising earnings beat level. It’s also true for others. Most big techs are trading at a relatively high level.
Wanna learn more about target price for bottom hunting, you can read Sell put to earn premium and prepare for Oct. rebound! My target price for AAPL, MSFT, TSLA, NVDA
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🌟🌟🌟在经历了9月份的大幅抛售后，我们战战兢兢地预示着10月份的到来。十月毕竟是万圣节和1987年黑色星期一大崩盘的恐怖之月。在那决定性的一天，标准普尔500指数在短短一天内下跌了20%。
所以我们又来了。我们会经历另一个黑色星期一吗？多头说不，空头说是！没有人能确定，因为我们没有通向未来的水晶球。
但我知道的是，股票市场奖励那些有耐心的人，重要的是市场中的时间，而不是市场时机。买入并持有待售的优秀公司，让复利的魔力发生。沃伦·巴菲特就是这样成为亿万富翁的，我也会这么做。
所以让我们张开双臂迎接十月。如果黑色星期一发生了，是时候贪婪地购买打折的优秀公司了。让我们大胆地找到我们的成功交易！
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buying big tech on bargain prices. but there's too many good ones. why choose when we can buy them all with $Technology Select Sector SPDR Fund(XLK)$
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