after
US100
correction was reaching its deepest point mid of March
we saw a recovery in the form of a reverse head & shoulder pattern. The volatility and length of the correction resembled the last correction end of 2020 (September-November).
“Tech and Growth” stock have a lot of catching up to do unless there is a broader market correction influencing all sectors.
On the risk side there is still some uncertainty to the impact of the COVID stimulus measures around the globe which should lead to more targeted and slightly higher taxes and more money printing which in return could lead to rising inflation. However the productivity is high and rising which could counter negative effects.
We are on the cusp of several major industry disruptions that finally come into the mainstream notably: KI, Autonomous Driving, Electrification in Mobility & Transport, Massive ramp up of battery technology and huge impact on energy storage and distribution, combined with widespread consumer solar systems even disruption in energy generation. Breakthroughs in genomics and bio engineering. A lot of hyped technologies that just now leave the “Trough of Disillusionment” according to Gartners HypeCycle towards the “Plateau of Productivity”.
I see the short term goal at around $14400.
DISCLAIMER:
not investment advice, merely my thoughts and reflections on market
developments always do your own research before investing
US100
correction was reaching its deepest point mid of March we saw a recovery in the form of a reverse head & shoulder pattern. The volatility and length of the correction resembled the last correction end of 2020 (September-November).
“Tech and Growth” stock have a lot of catching up to do unless there is a broader market correction influencing all sectors.
On the risk side there is still some uncertainty to the impact of the COVID stimulus measures around the globe which should lead to more targeted and slightly higher taxes and more money printing which in return could lead to rising inflation. However the productivity is high and rising which could counter negative effects.
We are on the cusp of several major industry disruptions that finally come into the mainstream notably: KI, Autonomous Driving, Electrification in Mobility & Transport, Massive ramp up of battery technology and huge impact on energy storage and distribution, combined with widespread consumer solar systems even disruption in energy generation. Breakthroughs in genomics and bio engineering. A lot of hyped technologies that just now leave the “Trough of Disillusionment” according to Gartners HypeCycle towards the “Plateau of Productivity”.
I see the short term goal at around $14400.
DISCLAIMER:
not investment advice, merely my thoughts and reflections on market
developments always do your own research before investing