展翅
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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.
$Palantir (PLTR.US)$ $Sea (SE.US)$ $Grab Holdings (GRAB.US)$ $Coinbase (COIN.US)$ $Riot Platforms (RIOT.US)$ $iShares 20+ Year Treasury Bond ETF (TLT.US)$ $USD (USDindex.FX)$ $CBOE Volatility S&P 500 Index (.VIX.US)$ $Alibaba (BABA.US)$ $NIO Inc (NIO.US)$ $BYD COMPANY (01211.HK)$
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.
$Palantir (PLTR.US)$ $Sea (SE.US)$ $Grab Holdings (GRAB.US)$ $Coinbase (COIN.US)$ $Riot Platforms (RIOT.US)$ $iShares 20+ Year Treasury Bond ETF (TLT.US)$ $USD (USDindex.FX)$ $CBOE Volatility S&P 500 Index (.VIX.US)$ $Alibaba (BABA.US)$ $NIO Inc (NIO.US)$ $BYD COMPANY (01211.HK)$