NASDAQ UPDATE (+short signals)
it hit the technology sector again. The Nasdaq was down 2.6 percent - the biggest slide since March. For some individual values, the discounts were much larger. Tesla lost a good six percent, and Square even lost seven percent.
Once again, it was fears of inflation that caused the sell-off. Despite the weak labor market data on Friday, they increased noticeably again. So far, it has only been about the fear of possible inflation as a result of excessive economic growth. Tomorrow, when the consumer price index (CPI) is published in the USA, we will see whether there are really any inflationary tendencies.
Easy game for the hedge fund:
The hedge funds are also active and continue to speculate on falling prices in the technology sector. At the moment they have an “easy game” because private investors are currently holding back with purchases and professional investors are also initially observing the market.
This is exactly the best strategy at the moment: Watch, but stay invested. It is currently a question of faith whether there will actually be a “real” inflation or not.
Is the trend reversing tomorrow?
As I said, tomorrow we will at least know how inflation in the US developed in April. And no matter what the numbers are, they take away uncertainty from the market. And that's what's bothering you the most at the moment. And when the inflation fears - maybe tomorrow - evaporate again or at least subside, then the buyers in the technology sector will come back again very quickly and the hedge funds will cover their short positions again - or even have to cover them. And you know: every short sold share has to be bought back at some point❗️
My advice is clear: don't sell a single stock/Call etc and wait for the turmoil to subside and the hedge funds to clear again.
The index failed at the barrier at 13,900 points. A small bearish double top has developed here. Because of this, the price has slipped. The index has supports at 13,315, 12,628 and 12,240 points. So potential turning points upwards. Wait and then let it settle and correct it.
A close below 13,300 in the H1 chart activates targets up to 12,387. Be careful!
Once again, it was fears of inflation that caused the sell-off. Despite the weak labor market data on Friday, they increased noticeably again. So far, it has only been about the fear of possible inflation as a result of excessive economic growth. Tomorrow, when the consumer price index (CPI) is published in the USA, we will see whether there are really any inflationary tendencies.
Easy game for the hedge fund:
The hedge funds are also active and continue to speculate on falling prices in the technology sector. At the moment they have an “easy game” because private investors are currently holding back with purchases and professional investors are also initially observing the market.
This is exactly the best strategy at the moment: Watch, but stay invested. It is currently a question of faith whether there will actually be a “real” inflation or not.
Is the trend reversing tomorrow?
As I said, tomorrow we will at least know how inflation in the US developed in April. And no matter what the numbers are, they take away uncertainty from the market. And that's what's bothering you the most at the moment. And when the inflation fears - maybe tomorrow - evaporate again or at least subside, then the buyers in the technology sector will come back again very quickly and the hedge funds will cover their short positions again - or even have to cover them. And you know: every short sold share has to be bought back at some point❗️
My advice is clear: don't sell a single stock/Call etc and wait for the turmoil to subside and the hedge funds to clear again.
The index failed at the barrier at 13,900 points. A small bearish double top has developed here. Because of this, the price has slipped. The index has supports at 13,315, 12,628 and 12,240 points. So potential turning points upwards. Wait and then let it settle and correct it.
A close below 13,300 in the H1 chart activates targets up to 12,387. Be careful!
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