Seasonal trend
Negative sentiment and weak macro factors don't change because it's a Christmas or New Year.
I mean, traditionally, Dec has been a strong month, but this Dec’s performance has shown that the market does not really care about seasonal trend.
$Tesla(TSLA.US$ $Apple(AAPL.US$ $SPDR Dow Jones Industrial Average Trust(DIA.US$ $SPDR S&P 500 ETF(SPY.US$ $S&P 500 Index(.SPX.US$ $ProShares UltraPro Short QQQ ETF(SQQQ.US$ $Invesco QQQ Trust(QQQ.US$ $Dow Jones Utility Average(.DJU.US$ $E-mini S&P 500 Futures(JUN4)(ESmain.US$ $E-mini Dow Futures(JUN4)(YMmain.US$ $NVIDIA(NVDA.US$ $Taiwan Semiconductor(TSM.US$ $Meta Platforms(META.US$ $iShares Russell 2000 ETF(IWM.US$ $Amazon(AMZN.US$ $Exxon Mobil(XOM.US$ $Workday(WDAY.US$ $Tradr TSLA Bear Daily ETF(TSLQ.US$ $ProShares Ultra VIX Short-Term Futures ETF(UVXY.US$ $NASDAQ 100 Index(.NDX.US$ $Snowflake(SNOW.US$ $AMC Entertainment(AMC.US$ $Disney(DIS.US$ $Coca-Cola(KO.US$ $CBOE Volatility S&P 500 Index(.VIX.US$ $Merck & Co(MRK.US$ $Adobe(ADBE.US$
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Successful investing is about managing risk, not avoiding it. DYODD
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cmarkboy : Thank you again for sharing your views regarding the current market situation. I always appreciate that you do your best to present a balanced view. Wishing you a Merry Christmas and a Joyous New Year!
Cow Moo-neyOP cmarkboy: Haha thanks, I try to do that. But sometimes I may be guilty of being a little biased too. But yeah, i try to maintain an unbiased / balance view!
Happy New Year in advance too!