Still bullish for now but we are losing momentum

Eric Seto

1d • General discussion

As the market is breaking historical highs, the big blue chip companies like MSFT, MA, V are still not moving yet.

Momentum is at an all time high but we are likely very close to the peak of momentum for this cycle

Momentum is like the speed of a car

Positive momentum slowing down doesn't mean the car is going backwards

But it means the car is still going forward but slowing down

In other words, the market will go up still but just a bit more slowly.

Cheers,

Eric

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Eric Seto

Chartered Professional Accountant (CPA)

Chartered Investment Manager (CIM)

Founder of 5MinInvesting.com

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