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.
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.