MyBaobao
11-23
After losing money, I learned not to follow blindly and not to be greedy. When you think it is right to buy some it further went down and down and try to buy some more to average out but then we forget that there are those who went in much much earlier at a lower price and they also dump the stocks they hold to get some profit as they probably have first hand news of market crashing beyond everyone expectation’s…likewise everyone is waiting and sitting at the fence for now
Market Rebound: Will Thanksgiving Week Break the Four-Year Pattern?
The S&P 500 index fell about 2% in November, marking its worst monthly performance since March, while market volatility surged. Citi’s Head of Wealth Management said there is still “some room” for the bull market, and this Wall Street giant has seen record inflows from wealthy clients this year. Last Friday, expectations for a rate cut shifted again, prompting an emergency Fed intervention that ultimately turned the market positive. Will this week see a “mindless” rally? With the Fed set to end QT in December, is this year’s decline over? Are you bullish or bearish?
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