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Columns Wall Street Today: S&P 500 and DJIA Rise, But Nasdaq Composite Eases on NVDA, MU and SNDK Weakness
The S&P 500 and Dow-30 rose slightly Thursday, but the tech-heavy Nasdaq Composite eased as weakness for technology giants like Sandisk, Micron and Nvidia outweighed strength for non-techs like Nike and Chevron.
The $Dow Jones Industrial Average (.DJI.US)$ added 270.03 points (0.6%) to a 49,266.11 close, while the $S&P 500 Index (.SPX.US)$ inched up 0.53 ticks (0.01%) to 6,921.46. However, the $Nasdaq Composite Index (.IXIC.US)$ shed 104....
The $Dow Jones Industrial Average (.DJI.US)$ added 270.03 points (0.6%) to a 49,266.11 close, while the $S&P 500 Index (.SPX.US)$ inched up 0.53 ticks (0.01%) to 6,921.46. However, the $Nasdaq Composite Index (.IXIC.US)$ shed 104....
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$Inspire Veterinary Partners (IVP.US)$ lets go top gainer
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It is believed that many people are currently experiencing greater losses than gains in the market.
I have decided to exit momentum-based trading strategies that chase short-term rallies and reallocate funds to more stable, lower-volatility assets.
The current market environment is highly unfavorable for retail investors, as market makers (MMs) continue to extract liquidity/profits from them.
Before market conditions improve, the primary objective is to manage risk and protect capital 😎
I have decided to exit momentum-based trading strategies that chase short-term rallies and reallocate funds to more stable, lower-volatility assets.
The current market environment is highly unfavorable for retail investors, as market makers (MMs) continue to extract liquidity/profits from them.
Before market conditions improve, the primary objective is to manage risk and protect capital 😎
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