Losing streak ended
S&P500 rallied on Monday to end its 6-day losing streak. A short term bounce has always been on the card given how oversold the market was.
Monday’s rally was driven by tech stocks, just like how last week’s sell off was also by tech stocks.
What makes things even more interesting is that we have 4 heavyweight tech firms reporting this week - Tesla, Meta, Microsoft and Google.
Things could swing wildly.
Monday’s rally was driven by tech stocks, just like how last week’s sell off was also by tech stocks.
What makes things even more interesting is that we have 4 heavyweight tech firms reporting this week - Tesla, Meta, Microsoft and Google.
Things could swing wildly.
From YouTube
$SPDR S&P 500 ETF(SPY.US$ $S&P 500 Index(.SPX.US$ $Invesco QQQ Trust(QQQ.US$ $ProShares UltraPro QQQ ETF(TQQQ.US$ $Coinbase(COIN.US$ $Riot Platforms(RIOT.US$ $Microsoft(MSFT.US$ $Alphabet-A(GOOGL.US$ $NASDAQ 100 Index(.NDX.US$ $Amazon(AMZN.US$ $Netflix(NFLX.US$ $Palantir(PLTR.US$ $Arm Holdings(ARM.US$ $CBOE Volatility S&P 500 Index(.VIX.US$ $NVIDIA(NVDA.US$ $Grab Holdings(GRAB.US$ $Peloton Interactive(PTON.US$
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Stock Therapy : I don’t think it’s ended.
Markio1315 : Tesla will not affect market.. Meta to some extent depending if they still pump more capital to increase capacity. Microsoft and Alphabet would be the bet swingers.
Cow Moo-neyOP Stock Therapy: Maybe only ended temporarily
Maniac Fool Cow Moo-neyOP: Dead cat bounce
Maniac Fool Markio1315: Meta is related to Nvidia in synergy