Elevance Health Stock Forum

Alen Kok : ok

Qian Xie : Nasdaq fell?

Malik ritduan : ok

affable Blobfish_403 : The significant decline and rise indicate an exceptionally fierce struggle between the power of the election and the power of the market, with hope for the future.

Bullish Law : good upward movement

binjh : Well, they do say sell in May and go away.

Power Bull : Good update. Keep it coming

eldritch : market is bleeding right now bears got it on lock for now it can only rise

KL6808 : Bear trap, value trap or whatsoever, I belong to the old school where only death and taxes are certain.
If history always repeat itself, then no one will lose a dime.
Ask yourself what you are, intraday, medium, long term trader, what are your core holdings and what are your tactical, speculative bets?
It's always good to take some money off the table if the underlying hit their ATH. If you ain't so lucky as some are approaching their ATL, then should you cut some losses?
Meanwhile, some guru, big fund managers are talking about three rate cuts this year, but don't bet on it that they will come soon. Even if they do, or if the cuts are more than 25bp, then you better be worried that FED might have seen something coming, eg a worst off recession and a potential harder landing than the markets expect.