| Chart and indicators show a fair chance of a green week next week, with all eyes on Nvidia's quarter results on Wednesday. In my opinion, while it may not affect next week directly, the larger stake rests with the peace negotiations between Russia and Ukraine. Unresolved, the situation increases the chances of rapid escalation, and I cannot see how markets can avoid an abrupt fall where money again will flow to more secure assets. If resolved, there are very few things preventing Nasdaq from heading toward 25,000 points as most economic indicators point upward again.
In my podcast, Trading Tips With Jim, I try to foresee and share the bigger trends as I see them and invest accordingly. This has taken me in and out of gold, oil, war stocks, dividend stocks, AI, and adjusting my exposure according to the perceived risk at any given time. And I cannot give this advice often enough – let trading and investment be less impulsive and more thought-through decisions.
This week in the $1000 Challenge (Trading Tips With Jim), where I try to grow $1000 as fast as I can without leveraging, a new milestone was reached, passing $4000. While I many times make things sound easy, there is a journey of hard learning behind it. Most of all, you have to believe in yourself and dream hard. These are the things that will pick you up when you fail – and you will. It is not about if, only about when. Since this is a fact, you want to mitigate your risk using stop-losses, make decisions rather than random choices, and perhaps you will take my advice of reading more about investing and trading.
With best wishes for a nice weekend and good trading week next week!
- Jim Stromberg | 
