Retracement

S&P500 and Nasdaq continued their pullback on Wednesday. Some investors would want to lock in their profits after the massive run up in Nov. This is completely normal. No reason to panic, yet.

Note the word “yet”. Bulls should only panic when key support levels break for S&P500, Nasdaq and also some of the big tech stocks.

US Stock Market Outlook – Dec 2023: More Melt Up?

From YouTube

$Netflix(NFLX.US)$ $Palantir(PLTR.US)$ $Alibaba(BABA.US)$ $Visa(V.US)$ $MasterCard(MA.US)$ $Disney(DIS.US)$ $Roku Inc(ROKU.US)$ $Intel(INTC.US)$ $Helmerich & Payne(HP.US)$ $Lululemon Athletica(LULU.US)$ $Digital World Acquisition Corp(DWAC.US)$ $AMC Entertainment(AMC.US)$ $Futu Holdings Ltd(FUTU.US)$

Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only. Read more

Translate

Report

210K Views

Comment

Cow Moo-ney

Successful investing is about managing risk, not avoiding it. DYODD Support my YouTube channel: Jay el

5320Followers

44Following

25KVisitors