Tomorrow is a witch day for US stocks. How will the stock market go
$IonQ Inc (IONQ.US)$ Quadruple Wishes Day, is the third Friday of every year in March, June, September, and December for the US stock market. It is the day when derivative financial products expire and settle. The last trading hour of the day is called Siwoo Hour, that is, 3-4 p.m. New York time. Due to the recent decline in stock trends, this Siwo Day is the biggest settlement of short positions in US history. It is expected that bears will continue to smash the market to lose big profits. The good news is that after the settlement was completed at noon, the shorting pressure brought about by the bears disappeared, and the bears began reopening positions. It is expected that there will be a rebound in the second half of the day.
The above is my own opinion, not investment advice. Stock market operations are at your own risk for profit and loss.
The above is my own opinion, not investment advice. Stock market operations are at your own risk for profit and loss.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
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