Macy's Inc Analysis Came True?
US Stocks has been rising significantly! It was on FIRE ! Firstly Biden beat Trump. And then on 9 Nov 2020 - Vaccine hope increases significantly! Then BOOM! The US market went crazily green . Then Macy's Inc went up significantly! Screenshot from SeekingAlpha Just a recap - I uploaded a YouTube Video on Recovery Stock and also my selection of Macy's Inc as a company to purchase. In the video, I also did a SWOT business analysis! In addition, I also did a fireside chat on FB Live with JR_Chai where we chatted about the Investment Landscape and the sectors I am investing in. During this session, I also explained on my investment in Macy's Inc. So with the sudden share price gain, can I equate that my Macy's Inc analysis was spot on? MAYBE. After all, without the analysis, I will not have the conviction to hold on to the company when the share price went from US$7 plus to almost US$6. Nevertheless, as Investors, we must stay realistic and understand luck does pl...