BlogFebruary 1, 2024Michael Covel

“Today for example, MSFT was hit badly in the market…”

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Michael,

My biggest challenge in trading is staying with a stock after it has had a large decline. Today for example, MSFT was hit badly in the market. They had an earnings report yesterday that looked ok to me, but the market apparently didn’t like it or the guidance for the following quarters. Or is the market for tech stocks declining and MSFT is caught up with that possible reversal. I don’t have a clue. On a weekly chart MSFT still looks ok, but on a daily chart it doesn’t. What to do?

Best regards,
Fred W.

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