How Would You Describe the Market’s Worst Day Since 2022?
Welcome to Thursday Special![LOL]
The $S&P 500(.SPX)$'s impressive 356-day streak of avoiding a 2% decline has officially ended. [Cry]
Big tech earnings and Bill Dudley’s rate cut comments emboldened sellers, resulting in the market’s worst day since Q4 2022. 📉
Meanwhile, the fear index $Cboe Volatility Index(VIX)$ has surged to $18. [Surprised]
With tomorrow being options expiration Friday, are we in for an even wilder ride?[OMG]
In one word or phrase, how would you describe the severity of this market drop?
🎁Prizes
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血流成河
Hence, my account actually rose instead of drop. Unsure of how long this reversal will last. Will have to remain nimble and see when to sell puts for greater margin of safety and take profits on my hedges.
🌟🌟🌟"It's Bargain Hunting Day!" That's how I would describe the worst day since 2022. It's time to jump into action to bargain hunt Top quality stocks like the Magnificent 7. I bought Nvidia at USD 115 which is a great price as it was only rather recent that this phenomenonal company was trading at USD 140!
As Warren Buffett likes to say When there is Fear in the markets it is time to be greedy!
@MillionaireTiger @TigerStars @Tiger_comments
$Invesco QQQ Trust-ETF(QQQ)$ is now 10% off its all-time high! So many great investment options to choose from, but not enough funds to snag them all! 🤯
QQQ fell more than 3%—time to stock up and buy more!
血战到底哈哈哈