2nd day of weakness
The stock market continued its sell off on the second trading day of 2024. Investors seem to be taking profits after a huge run up in 2023, especially the mega cap tech stocks.
In my opinion, such short term pause and break are good for the market. It’s much needed in fact. We need to bring some of the indicators down from the overbought zone.
In my opinion, such short term pause and break are good for the market. It’s much needed in fact. We need to bring some of the indicators down from the overbought zone.
From YouTube
$Palantir(PLTR.US$ $Sea(SE.US$ $Grab Holdings(GRAB.US$ $Coinbase(COIN.US$ $Riot Platforms(RIOT.US$ $iShares 20+ Year Treasury Bond ETF(TLT.US$ $USD(USDindex.FX$ $CBOE Volatility S&P 500 Index(.VIX.US$ $Alibaba(BABA.US$ $NIO Inc(NIO.US$ $BYD COMPANY(01211.HK$ $Taiwan Semiconductor(TSM.US$! $Peloton Interactive(PTON.US$ $Snowflake(SNOW.US$
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TinkerB3ll : Personally, I think we should have more down days to come healthy pullback
Cow Moo-ney OP TinkerB3ll : Possible
Seraphicall : More pullbacks.. I need cheaper prices
Cow Moo-ney OP Seraphicall : Me too!