4.4% away
S&P500 is just 4.4% away from entering a correction. This is the pullback that many have been waiting for and talking about.
With the big tech earnings coming up, and macroenvironment looking shaky (rising oil prices, ongoing wars, sticky inflation etc), how will things pan out in the next few weeks?
With the big tech earnings coming up, and macroenvironment looking shaky (rising oil prices, ongoing wars, sticky inflation etc), how will things pan out in the next few weeks?
From YouTube
$Crude Oil Futures(JAN5) (CLmain.US)$ $iShares 20+ Year Treasury Bond ETF (TLT.US)$ $ARK 21Shares Bitcoin ETF (ARKB.US)$ $GameStop (GME.US)$ $Vanguard S&P 500 ETF (VOO.US)$ $iShares Russell 2000 ETF (IWM.US)$ $Sea (SE.US)$ $Hang Seng Index (800000.HK)$ $DBS Group Holdings (D05.SG)$ $ARK Innovation ETF (ARKK.US)$ $Tradr 2X Short Innovation Daily ETF (SARK.US)$ $Coca-Cola (KO.US)$ $PepsiCo (PEP.US)$ $Nike (NKE.US)$
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DT moo : why so pessimistic about the market?
Cow Moo-ney OP DT moo : Pessimistic? Nah I’m not. Only stating the facts![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
I’m a long term bull of the stock market
DT moo Cow Moo-ney OP : when I heard this episode it sounded like Doomsday is coming
Cow Moo-ney OP DT moo : Hahaha. We need negative sentiment and drawbacks like this, so that we can pick up shares of good companies at discounted price. The dark clouds will eventually passed![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")