Data discoveries of the week. Big overnight moves in US markets.
1, 2
2/n
Outside of the tech crash (2000 – 2002) the 1 year, 3 year and 5 year later returns in Nasdaq were favourable to investors.
— Gaurav Rastogi (@rustapharian) September 14, 2022
3, 4
4/n
As a trader, take a strong directional bet only if you are convinced that this is a structural bear market i.e 2000-2002. Regardless, be prepared for super stressful trading days and whiplash price action.
— Gaurav Rastogi (@rustapharian) September 14, 2022
6/n
My view remains the same – don't chase price action, EVER. That will only add up as more brokerage for your broker 🙂
Data and analysis @YahooFinance @Kuvera_In
— Gaurav Rastogi (@rustapharian) September 14, 2022
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