Market Update - 3/9/2025

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We're quite oversold on all indexes, so at this point probably everyone is expecting some bounce next week. How strong it will be is uncertain, but the likelihood of it happening is quite high.

I've been ruthlessly cutting losses on all my trades to 1/3 of my historical average losses, and due to a nice big trade on JVA, I actually made $33 this week, which I'm really happy about given the tough market environment we are in. Just goes to show how much you can improve your RR by cutting losses even shorter than normally.

I still see a lot of strength in car-related names, as well as in communications / electric component names. Didn't mention but industrials (XLI) was the leading industry on Friday, so that's also kind of confirming. Some really nice setups for next week in VEON, REBN, PONY, FPH, PRCH

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.