WealthWizard

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Bird’s weak stock market performance impacts the entire e-scooter industry

The top part of the chart is the weekly Semiconductors (SMH) Invesco QQQ Trust Relative Strength Index Ratio (SMH/QQQ). A rising line means the SMH is stronger; if falling, the QQQ is stronger.
SMH made a new relative strength high in February but has peaked and turned down, no longer leading in relative strength. The SMH will often be a clue before a significant correction starts because it will lag and fall faster than the QQQ leading the broad market lower.
Keep an eye out next week if SMH continues to underperform the QQQ, which is considered short-term negative, or on the other hand, if SMH outperforms the QQQ, which would be sort term positive

This week ended perfectly, with the store closed for 3 days and reopening on Tuesday.

During this week, the teacher presented profitable opportunities with WTI exceeding a 10% profit, KSS exceeding a 15% profit, AI C3 exceeding a 20% profit, IMUX exceeding a 15% profit, and holding ALGM and JD, which currently have slight profits. Under the guidance of the teacher, market risks were transformed into profits. The total profit reached 70%, which is a remarkable performance.

In the current market, technology stocks are driving the market higher, but there is always a risk of chasing ups and downs. Additionally, the June meeting may consider interest rate hikes, which will put pressure on the market.

Next week, the teacher and the team of professional analysts will continue to lead investors in achieving profitable positions. Wishing investors a pleasant weekend!

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