Market Summary 16th Jan 2024

Today, stocks generally saw a decline, influenced by rising yields. The $iShares罗素2000指数ETF (IWM.US)$ and $ARK Innovation ETF (ARKK.US)$ both experienced drops of over 1%, while the $20+年以上美国国债ETF-iShares (TLT.US)$, which tracks US Treasury bonds, fell by 1.76%. Bigger indexes like the $SPDR 标普500指数ETF (SPY.US)$ and $道琼斯指数 (.DJI.US)$ had smaller decreases. Despite some significant falls, many stocks are still correcting in 2024, showing that both price adjustments and time are key factors in market corrections. Notably, $ARK Innovation ETF (ARKK.US)$ has been down for five consecutive sessions.

On a brighter note, some stocks are still showing strong performance. $美国超微公司 (AMD.US)$, for instance, soared 8.31%, and $Palo Alto Networks (PANW.US)$ added another 2% gain. Additionally, the declines in less robust stocks have been relatively orderly. However, the shift to Net Lows calls for increased caution, particularly with newer and untested stocks. This makes it a time to be more careful about adding new names to investment portfolios.

US Heat List: $特斯拉 (TSLA.US)$ $美国超微公司 (AMD.US)$ $蔚来 (NIO.US)$ $英伟达 (NVDA.US)$ $Phunware (PHUN.US)$ $波音 (BA.US)$ $苹果 (AAPL.US)$ $BABA (03012.MY)$ $微软 (MSFT.US)$