Recap of last week and plans for week 2021-12-6
U.S. stocks sold off heavily this week, especially high-tech growth stocks and new IPO's. DOCU, ASAN, BILL, NET, AFRM, etc. were down over 20%, about as big a shock as the Corona shock in March 2020. Large tech stocks also began to fall, but AAPL, GOOG, MSFT, AMZN, NVDA, and others have not suffered major declines.
The VIX, which had nearly settled down in the middle of the week, has surged again since 12/2 and is still above 30; the SPY500 and NASDAQ100 indices continue to cut lower daily, and the percentage of stocks below their 200-day moving averages is increasing. We expect the market to continue to be volatile next week. This week, we will continue to observe market trends, not take any unreasonable trades, and continue researching stocks for new investment targets.
watchlist
English 
Japanese