Things are not looking very good for risk assets after the break below 200 MA.
FED interest rate increase is a headwind for stocks generally and growth stocks in particular.
It seems to us that things are going to get worse over the coming days.
Stay away from the growth stocks and darlings of low interest rate environment.
Most important -> manage your risk.
FED interest rate increase is a headwind for stocks generally and growth stocks in particular.
It seems to us that things are going to get worse over the coming days.
Stay away from the growth stocks and darlings of low interest rate environment.
Most important -> manage your risk.