Sluggish September
It has been a sluggish start to September for the US stock market. Apple had a worst back to back loss, wiping out about $200 billion of market value in 2 days. Nvidia and many chip makers were falling as competition and geo-political risk from China kept rising.
And all of sudden, renewed worries on more interest rate hikes started to surface. As a result, major indices capped off a losing week.
Will the stock market continue to struggle throughout the rest of September? 2 potential market-moving events this week may give us some clues!
Stocks covered in the video (technical analysis) – SPY, Apple, Tesla, Google + Option trades
From YouTube
$SPDR S&P 500 ETF(SPY.US$ $S&P 500 Index(.SPX.US$ $Invesco QQQ Trust(QQQ.US$ $ProShares UltraPro QQQ ETF(TQQQ.US$ $ProShares UltraPro Short QQQ ETF(SQQQ.US$ $Tesla(TSLA.US$ $Apple(AAPL.US$ $Alphabet-A(GOOGL.US$ $Alphabet-C(GOOG.US$ $NVIDIA(NVDA.US$ $Advanced Micro Devices(AMD.US$ $Taiwan Semiconductor(TSM.US$ $Microsoft(MSFT.US$ $Amazon(AMZN.US$ $Netflix(NFLX.US$ $E-mini S&P 500 Futures(JUN4)(ESmain.US$ $Crude Oil Futures(JUL4)(CLmain.US$ $E-mini NASDAQ 100 Futures(JUN4)(NQmain.US$ $E-mini NASDAQ 100 Futures(JUN4)(NQmain.US$ $CBOE Volatility S&P 500 Index(.VIX.US$ $USD(USDindex.FX$ $iShares 20+ Year Treasury Bond ETF(TLT.US$ $DBS Group Holdings(D05.SG$ $OCBC Bank(O39.SG$ $SIA(C6L.SG$ $Palantir(PLTR.US$ $Grab Holdings(GRAB.US$ $Sea(SE.US$ $Enphase Energy(ENPH.US$ $Bank of America(BAC.US$ $Adobe(ADBE.US$
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