Assessment
The market will continue to assess the downgrade by Fitch. In the near term, the market can be quite volatile with big movements. VIX is rising rapidly now too. Traders should love this kind of volatility actually.
By the way, the sell-off in tech has seen Nasdaq dropping by more than 2% yesterday - this is actually the worse single day performance since Feb this year.
By the way, the sell-off in tech has seen Nasdaq dropping by more than 2% yesterday - this is actually the worse single day performance since Feb this year.
$SPDR S&P 500 ETF (SPY.US)$ $S&P 500 Index (.SPX.US)$ $Invesco QQQ Trust (QQQ.US)$ $ProShares UltraPro QQQ ETF (TQQQ.US)$ $ProShares UltraPro Short QQQ ETF (SQQQ.US)$ $Dow Jones Industrial Average (.DJI.US)$ $JPMorgan (JPM.US)$ $Johnson & Johnson (JNJ.US)$ $Qualcomm (QCOM.US)$ $Advanced Micro Devices (AMD.US)$ $NVIDIA (NVDA.US)$ $Tesla (TSLA.US)$ $Amazon (AMZN.US)$ $Apple (AAPL.US)$ $Intel (INTC.US)$ $Meta Platforms (META.US)$ $Microsoft (MSFT.US)$ $Alphabet-A (GOOGL.US)$
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