Monica Kingsley
Monicakingsley
S&P 500 opened with a flush to my 5,840 target, but then started slow grind higher driven by tech and communications. Yes, I was bullish GOOGL and AMD earnings – the first delivered smashing, the beat of the second one wasn‘t deemed impressive (cash flow reason), but still the data centers story has positive consequences for a broad universe incl. AMZN and META.
The day brought also consequences for select sectors discussed in the caption below – I‘ve been talking already last week about yields about to make a local top soon, and about the anatomy and consequences of elections positioning, which trades have gotten traction in last weeks, and what that means going into next week – aka how far and for what reason will the rubber band snap back.
All essays, research and information represent analyses and opinions of Monica Kingsley that are based on available and latest data. Despite careful research and best efforts, it may prove wrong and be subject to change with or without notice. Monica Kingsley does not guarantee the accuracy or thoroughness of the data or information reported. Her content serves educational purposes and should not be relied upon as advice or construed as providing recommendations of any kind. Futures, stocks and options are financial instruments not suitable for every investor. Please be advised that you invest at your own risk. Monica Kingsley is not a Registered Securities Advisor. By reading her writings, you agree that she will not be held responsible or liable for any decisions you make. Investing, trading and speculating in financial markets may involve high risk of loss. Monica Kingsley may have a short or long position in any securities, including those mentioned in her writings, and may make additional purchases and/or sales of those securities without notice.
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