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Showing posts from May, 2022

Stock Market Updates and PLUG power earnings update

                                                            STOCK MARKET UPDATE - 5|9|22 The stock market is in turmoil. No new news but Inflation, interest rate, possible economy slowdown are rattling the market. Nasdaq has been falling like a rock. During my investment career, I have seen such move a few times - 2000 .com burst, 2008-09 financial crisis, 2018 December, 2020 March (COVID) and now in April/May 2022. S&P 500 closed below its 4000 level and that’s not a great sign. It’s hard to digest, particularly technology stocks are one of their worst time probably since those .com days! During COVID stock market went down fast but regained quickly as Fed stepped in. But now Fed has stepped out, they are increasing interest rate and start reducing asset buying program. So, what is the strategy? Well, whe...

Shesa's MAY 2022 Investment Blog

                                                         MAY 2022 - INVESTMENT BLOG By Shesa Nayak   Welcome to my blog!   U.S. Stock Market Commentary     There is no end to the bloodbath on the Wall Street. S&P 500 is down  13.3%  year to date, the  3 rd  worst starts to a year in the history of the stock market -   worst start since World War II, dating back to 1939 . NASDAQ is the worst hit down  21.1%   since the beginning of the year and  23.9%   from its all-time high. What it means is, Nasdaq is already in the bear market and technology stocks are getting hammered without much respite. The U.S and global stock markets are still struggling with enormous uncertainties. It’s difficult to find any good news, rather there is no end to the bad news. ...