Halloween came early?

Goodgolddays
2023-10-23

Wall Street got spooked by Powell’s hawkish messaging last week. Halloween came early? Lol.

Just to share, VIX hit its highest level in nearly 4 months, which shows that there are some fear and nervousness in the market.

S&P500 which represents the broader market is down about 8% from late July, when it hit its high for the year

Wall Street gearing up for Halloween party? 

=======

Check out my YouTube video for stock market analysis:

Big Tech Earnings - Sea of Uncertainty? [Meta, Microsoft, Amazon, Google]

https://youtu.be/DxMBS-Tzmds

$Tesla Motors(TSLA)$ $NVIDIA Corp(NVDA)$ $SPDR S&P 500 ETF Trust(SPY)$ $Invesco QQQ Trust-ETF(QQQ)$ $Netflix(NFLX)$ $Meta Platforms, Inc.(FB)$ 

Time to buy treasury as Ackman close short position?
Bill Ackman, who short on long-term US bonds, tweeted on October 23 that he had closed his position, and said the high yield of long-term US Treasury bonds was unsustainable. ------------ Is it time to buy the US treasury? Are you bullish or bearish on treasuries?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

Leave a comment
6
2