moonc
03-12

In my view, the recent slump in the major US indices, particularly the 1.7% drop in the Nasdaq fueled by declines in tech giants like Apple, Microsoft, and Tesla, raises questions about the market’s direction. While some may interpret this as a minor pullback, others might see it as the beginning of a broader reversal. Personally, I lean towards a cautious bearish stance given the uncertainty surrounding the central bank’s upcoming remarks and the potential for further market volatility. It’s essential for investors to remain vigilant, reassess their positions, and adopt strategies that align with their risk tolerance amidst these turbulent market conditions.

Market Tumbles: Pullback or Start of Reversal?
MAJOR United States indices ended on Tuesday (Mar 5) in a slump, as key tech names lost ground and traders looked ahead to remarks by the central bank chair later in the week. The tech-heavy Nasdaq lost 1.7%, with Apple, Microsoft and Tesla all retreating. ---------------------------- Is this only a small pullback, or the start of a reversal for the whole market? Are you bullish or bearish now?
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

  • Sonsonkok
    03-14
    Sonsonkok

    Great ariticle, would you like to share it?

  • radennaditt
    03-14
    radennaditt
    Great ariticle, would you like to share it?
  • Kevinshn23
    03-12
    Kevinshn23

    Great ariticle, would you like to share it?

  • KSR
    03-13
    KSR
    👍
  • YNWA888
    03-13
    YNWA888
    Great
  • eendra
    03-13
    eendra

    Nice!!!

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