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- Mar 20 The market continues its slide downward
Market
“As I have been mentioning over the last 7 weeks, use any uptrend in the market to sell. This is currently a market that should remain choppy for a while” 😊 😋
The markets continued their move lower on recession fears
ACN and PDD reported earnings and raised guidance, but $ACN ( ▲ 0.88% ) fell by 7% with a strong guidance and $PDD ( ▼ 2.55% ) went lower with China tail winds finally turning well. I still think most stocks are at the point of setting up to go lower until the next earnings season in 4 weeks.
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Insights from the portfolio
Video of the day
Today’s video is on PinDuoDuo $PDD ( ▼ 2.55% ) the China based marketplace that owns Temu.
