Friday, December 29, 2023 6:31:20 PM
Thanks for your analysis 😶.. but you do sound a bit like Chicken Little too 🐥
I don’t think your speculations offer much insight on the final trading day of the calendar year.
Many investors with various types of brokerage accounts have sold some of their stock holdings this week for various reasons. Required Minimum Distributions for example, and other tax-related purposes are unrelated to whichever companies someone might own shares of.
Reuters:
https://www.reuters.com/markets/us/futures-inch-up-firm-rate-cut-bets-drive-strong-gains-2023-2023-12-29/
Believe carefully. This is the greatest and most powerful lesson that I have learned since arriving on Earth. Examine what you believe about yourself most importantly, and then believe carefully as you interact with the world.
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