Aqa
12-20 19:36

The market has dropped 6.15% in the last ten days. This is the longest decline for The Dow Jones Index in nearly 40 years. What started as a slow and steady decline in December escalated into a full-blown selloff. The Fed’s decision to lower its rate cut outlook, citing rising inflation risks, sent markets reeling.. I would buy the dip first. From a technical perspective, the Dow appears heavily oversold in the short term, and the TD Sequential Indicator on the daily chart is signaling a potential reversal. If the Dow stabilizes in the coming days, we could see a rotation from tech stocks to value stocks, with tech pulling back and value catching up. The market sentiment is slightly on the bearish side so do invest cautiously. Do due diligence before each trade. Thanks for sharing @MillionaireTiger @icycrystal

Santa Skips Wall Street: Worst Single Day Selloff Since 2020

@MillionaireTiger：
Welcome to Thursday Special![LOL] 📉 Market Blues: December’s Selloff Hits Hard What started as a slow and steady decline in December escalated into a full-blown selloff. The Fed’s decision to lower its rate cut outlook, citing rising inflation risks, sent markets reeling. The S&P 500 dropped 2.95%, its worst single-day fall since March 2020. 😱 Investors are now wondering if the much-anticipated Santa Claus rally will fail the bulls for the second year in a row. r/wallstreetbets - Well someone stole xmas again… 👀 What’s your next move? Cash out and enjoy the holidays? 🎄 Or see this as a golden buying opportunity for 2024? 💰 Describe how you feel about your portfolio today with an emoji, a picture, or just one sentence! 🎭 🎁Prizes Comment Rewards: All valid comments on the following post will receive Tiger Coins, but don’t copy others’ homework hahaha. We strongly recommend selecting the "Also repost" button when posting a comment to receive more rewards.
Santa Skips Wall Street: Worst Single Day Selloff Since 2020

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