WanEH
2022-11-21

$DJIA(.DJI)$ 

This time, the World Cup in Qatar will start on November 20 and end on December 18. Around a month or so. As a football event with global influence, it still has some impact on the global market. The explanation for the curse of the World Cup is more likely to be understood as the fact that all funds go to watch the World Cup and reduce their attention to the stock market, which will naturally lead to a weakening of market liquidity, which will more or less affect market activity. 

However, the impact of the World Cup on the stock market still depends on the internal and external policy environment and changes in the market environment during the World Cup, especially the current valuation level of the stock market. In other words, if the market is in a state of high valuation and is facing a turning point of change, then when the World Cup is held, it may be looked down upon by market funds, and the probability of the stock market falling during the World Cup will be higher. If the valuation of the market is relatively cheap, and the internal and external market environment during the World Cup is relatively stable, then the impact of the World Cup on the stock market will appear relatively limited. 

In conclusion, the World Cup will not change the fundamentals of the market and the valuation of the market. Short-term fluctuations in market sentiment will affect the market trend, but it will return to the fundamentals of the market in the long run, so there is no need to worry too much about the curse of the World Cup.

@Ultrahisham  @BenjiFuji  @LMSunshine  

šŸ’° Stocks to watch today?(15 May)
1. What news/movements are worth noting in the market today? Any stocks to watch? 2. What trading opportunities are there? Do you have any plans? šŸŽ Make a post here, everyone stands a chance to win Tiger coins!
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
11