Great ariticle, would you like to share it?Remember what happened in 2023? Review the Top 10 Keywords!
@WallStreet_Tiger:As 2023 draws to a close, the stock market reflects a year of resilience and adaptation. Amidst ongoing challenges, the market showcased a remarkable recovery. Let’s review the Top 10 Key Words in 2023! 1. Magnificent 7 Tech Titans Ignite the Market! $NVIDIA Corp(NVDA)$ skyrocketed 239%! $Meta Platforms, Inc.(META)$ leaped191%! $Tesla Motors(TSLA)$ surged 108%! $Amazon.com(AMZN)$ , $Alphabet(GOOG)$ , & $Microsoft(MSFT)$ all soared above 55%! $Apple(AAPL)$’s market cap broke $3 trillion! 2. US Banking Crisis SI, SVB, and SBNY collapsed. Regional banks such as $PacWest(PACW)$ and $First Republic Bank(FRC)$ lost over 90% of their value. 160-year-old Credit Suisse was taken over by rival $UBS Group AG(UBS)$ . 3. AI Wave The rise of ChatGPT. MSFT’s connection and drama with OpenAI. NVDA entered trln market cap club. SaaS and chip companies benefit from generative AI. 4. US Treasury Fitch downgraded US credit rating from AAA to AA+. US treasury yields continued to break records. The debt ceiling deal was approved. US treasury entered a buying zone. 5. Weight Loss Drugs $Novo-Nordisk A/S(NVO)$ has surpassed $LVMH-Moet Hennessy Louis Vuitton(LVMHF)$ market value. Musk said he used Wegovy (NVO's drugs) to get 'fit, ripped, and healthy'. FDA approved $Eli Lilly(LLY)$’s Zepbound. 6. Meme Thrilling Moment $VinFast Auto(VFS)$ rose 670% and became the 3rd-largest EV stock, but then fell to $8. Meme king $Bed Bath & Beyond(BBBY)$ teetered on bankruptcy. $WeWork(WE)$ , the same story. 7. Israel-Palestine Conflict Investors sought refuge in gold $Gold - main 2402(GCmain)$ (Hit ATH) & bonds as tensions rose. Defense giants soared: $Raytheon Technologies Corporation(RTX)$ , $Lockheed Martin(LMT)$ , $Boeing(BA)$ , $General Dynamics Corp(GD)$ , $Northrop Grumman(NOC)$ . The rebound in oil prices once sparked concerns about inflation. 8. Remembering Charlie Munger Charlie Munger, Investing legend, and Warren Buffett's right-hand man, died Nov. 28. Munger’s value investing wisdom: 90% research, 100% devotion, long-term perspective. 9. Bull Market After 11 rate hikes, Fed paused and hinted at cuts in 2024. $DJIA(.DJI)$ rocketed to record high, $S&P 500(.SPX)$ & $NASDAQ(.IXIC)$ eyed records; $SPDR S&P 500 ETF Trust(SPY)$ surged with record inflow, and $Invesco QQQ Trust-ETF(QQQ)$ skyrocketed to ATH. 10. BTC Ride Amid expectations of US Recession, BTC rose above $40k. BlackRock, Nasdaq, SEC met over Bitcoin ETF. $Coinbase Global, Inc.(COIN)$ up 355% & $Marathon Digital Holdings Inc(MARA)$ up over 542% in 2023.
Remember what happened in 2023? Review the Top 10 Keywords!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.