Market summary 28th August
Today, the market was quite unpredictable, with prices going up and down multiple times. This seemed to be influenced by automated systems, especially since there wasn't any major news and not many people were trading. These systems can sometimes make the market move in unexpected ways.
The Nasdaq had fewer stocks at their lowest prices, and the NYSE had more stocks at higher prices. However, very few stocks reached their highest prices, and trading was slow overall. On Thursday, we'll get some important information about inflation that might change things.
Summer is typically a slow time for the market. It's important to be careful and avoid getting caught in sudden changes. It can be disappointing to invest in the market when it's rising, only to see it quickly drop, leading to losses.
US heat list:
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
Swing Trader 📈
Growth stocks 🏆
FB: Nigel Chong 庄证评 🌟
Influenced by MM VCP Trading Style & WON CANSLIM 💯
7326Followers
64Following
20KVisitors
Follow