Daily Poll: It turns out the market is lying.
The stock market seemed to be moving back into rally mode following Friday's pullback amid the emergence of the Omicron variant of Covid-19.
When investors are considering whether they should sell all of their position to avoid a huge correction, suddenly, the major indices just went all the way up and close to their all-time high.
When investors are considering whether they should sell all of their position to avoid a huge correction, suddenly, the major indices just went all the way up and close to their all-time high.
After the stock market opened Monday, the $Dow Jones Industrial Average(.DJI.US$ rallied 0.35%, while the $S&P 500 Index(.SPX.US$ moved up 1%. The tech-heavy $Nasdaq Composite Index(.IXIC.US$ climbed 1.6%.
$Apple(AAPL.US$ traded up over 2% in Monday's morning action, while $Microsoft(MSFT.US$ moved up 1.9% , $Tesla(TSLA.US$ rallied over 5%. $Rivian Automotive(RIVN.US$ rose about 3.5%, while $Lucid Group(LCID.US$ gained 1.8%. Chinese EV leader $Li Auto(LI.US$ bolted higher after delivering earnings, while $XPeng(XPEV.US$ raced over 4% higher.
So the dip was like a prank. It hurt investors' feeling and soon vanished in the air without any clue.
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
Read more
Comment
Sign in to post a comment
搞经济 抄底 加仓 : Second waves , incoming.. Can the Market walls hold it.. Omicorn vs WallStreet
Chiapopo : Om
Solidlight : Sorry it’s gonna drop.
BruceLin8 : Now I have to make a point and the result is true
忙着发财啊 :
stevensky :
Popular on moomooOP BruceLin8: I feel like a clown
Dbw5774 : Vacation in Wisconsin with wife’s family eating thanksgiving leftovers and a tomahawk steak with the best beer batter French Fries.Thanks Aaron,it was delicious and a good time,especially for “In-laws”.