It looks like after the Feds announcements yesterday, people are dumping some of their overvalued holdings.
The stay-at-home economy stocks continue to rise or are staying strong.
It looks like we came close to meeting resistance at the 3259 level and have retraced. RSI showing overbought signals and the MACD looks like it could cross over any minute.
Not to mention, Covid cases are rising and I would expect them to continue to rise as I believe the shutdown was to just prepare our healthcare system and the spread was inevitable.
I am looking at stay-at-home economy stocks as well as some healthcare stocks that will benefit from this situation. Not to say these won't go down too, but hopefully will be prepared for the future that this world will bring us. This is not financial advice! Good luck and be careful!
The stay-at-home economy stocks continue to rise or are staying strong.
It looks like we came close to meeting resistance at the 3259 level and have retraced. RSI showing overbought signals and the MACD looks like it could cross over any minute.
Not to mention, Covid cases are rising and I would expect them to continue to rise as I believe the shutdown was to just prepare our healthcare system and the spread was inevitable.
I am looking at stay-at-home economy stocks as well as some healthcare stocks that will benefit from this situation. Not to say these won't go down too, but hopefully will be prepared for the future that this world will bring us. This is not financial advice! Good luck and be careful!