The last 9 weeks of the market; has resulted in ONLY 1 up week. Dating back to April of 2022; the SPY has experienced 7 consecutive weeks of decline- followed by 1 up week (+6.58%).
Last week, the SPY lost about 1% and while we ended today in the green; it remains to be seen how the week will play out. As I indicated in our last newsletter; I believe there is a substantial amount of monies to be made in the second half of the year. Follow along as I discuss my trades and what I’m seeing in the market. Win, lose or draw- I’ll share them with you. So far; I’ve initiated some “feeler” positions and have begun curating my Watchlist. Make sure to follow me on my journey to beat the market for the second half of 2022.
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Hi trader,
It’s Tina from ShortMeTina. I hope all is well and you’re taking care of yourself. I know you’re wondering (because I am wondering as well) - has the stock market bottomed? I believe in large part it has and initiating some “feeler” positions makes sense at this point. I’ve mainly stayed out of the stock market since late 2021 because I just didn’t see any worthy long set-ups there. All I saw was bearish patterns everywhere. I played it safe and stayed on the side lines while I sought profits elsewhere (NFT market). Now, I am prepping myself for more stock market engagement. Follow along here, here and here, as I discuss my plays (what worked and what didn't). Talk soon and as always; if you have any questions- send me an email. |