The market fell hard on Wednesday afternoon, S&P 500 was down -1.47%. It was a sudden reversal after weeks long rally. However, there was no catalyst for the selling besides what was stated before: Profit taking – given that everything, all stocks I have in my watchlist as well as holdings were red except Continue reading →
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Archive for December 20th, 2023
Posted by Martin
December 20, 2023
Posted by Martin
December 20, 2023
Why S&P 500 suddenly dropped today?
The recent drop in the stock market represented by S&P 500 index can be attributed to several factors: Profit Booking: Investors have been cashing in on their gains after a period of significant market growth. This move to secure profits has led to a sell-off, contributing to the market decline. This could be Continue reading →
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