SET is still looking down?
Được dịch tự động từ bản gốc · Đọc bản gốc (English)
Hello everyone. After SET broke through the key support yesterday, selling pressure continued today. Although there were some short rebounds, they are still not very trustworthy.
Personally, I think the market is still under pressure from several international factors, including inflation and the Fed's interest rate hike, which are still important variables, as well as concerns about a recession, which has started to show signs in many countries. We can see that assets that used to be safe havens like $GLD are also facing selling pressure. Today's price is $364.96, which is quite a decrease from the previous day.
In this situation, I still favor stocks with consistent profits or defensive stocks, but we also need to be careful about valuation. Anyone with different views or ideas can share them.