Santa Skips Wall Street: Worst Single Day Selloff Since 2020

MillionaireTiger
2024-12-19

Welcome to Thursday Special![LOL]

📉 Market Blues: December’s Selloff Hits Hard

What started as a slow and steady decline in December escalated into a full-blown selloff. The Fed’s decision to lower its rate cut outlook, citing rising inflation risks, sent markets reeling.

r/wallstreetbets - “Hey Wife, look what I did today at work!” -JPOWThe S&P 500 dropped 2.95%, its worst single-day fall since March 2020. 😱 Investors are now wondering if the much-anticipated Santa Claus rally will fail the bulls for the second year in a row.

r/wallstreetbets - Well someone stole xmas again…r/wallstreetbets - Well someone stole xmas again…

👀 What’s your next move?

  • Cash out and enjoy the holidays? 🎄

  • Or see this as a golden buying opportunity for 2024? 💰

Describe how you feel about your portfolio today with an emoji, a picture, or just one sentence! 🎭

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Comment（32）

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  • Olivia Bruce
    ·2024-12-19
    TOP
    Thanks for ruining Christmas, JPow.
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  • Mythz
    ·2024-12-20
    TOP
    On the very first week of xmas month, santa say its rally month.
    On the very second week of xmas month, JPow say there is a rate cut.
    On the third week of xmas month, papa pow say it gonna be a red red month
    On th fourth week of xmas month, see you at the wendy’s son
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  • NightMorph
    ·2024-12-20
    TOP
    Diversify and hold. America has made wealth  and politics, one. At the expense of hardworking retail investors. This is only an entree to the main meal of the Musk/Trump presidency.
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  • GehlotSunny
    ·2024-12-20
    TOP
    Is it a Buying Opportunity?


    Whether yesterday's sell-off presents a buying opportunity depends on individual investment strategy.


    For Long-Term Investors: A market correction can offer an opportunity to acquire quality stocks at discounted prices.
    Fundamental Analysis: It's crucial to conduct thorough fundamental analysis of individual companies to identify undervalued stocks.
    Risk Management: Investors should implement risk management strategies, such as diversification and stop-loss orders, to protect their portfolios.
    Cautions:
    Market Volatility: Market volatility can persist, and further declines are possible.
    Economic Uncertainty: The economic outlook remains uncertain, and unforeseen events could further impact the market.
    Conclusion:
    Yesterday's market sell-off may present a buying opportunity for long-term investors with a well-defined investment strategy and a strong risk tolerance. However, it's crucial to exercise caution and conduct thorough research.
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  • icycrystal
    ·2024-12-20
    TOP
    market always turns and swings, gotta be prepared for anything... if market trends up, great! but if market trends down... shopping day... I've learned to stay calm and not panic... see me trying to stay calm... [What] [What] [What]

    @Aqa @rL @Universe宇宙 @GoodLife99 @HelenJanet @Shyon @LMSunshine @koolgal @SPACE ROCKET @TigerGPT

    Market Blues: December’s Selloff Hits Hard

    What started as a slow and steady decline in December escalated into a full-blown selloff. The Fed’s decision to lower its rate cut outlook, citing rising inflation risks, sent markets reeling.

    Cash out and enjoy the holidays? 🎄


    Or see this as a golden buying opportunity for 2024? 💰


    Describe how you feel about your portfolio today with an emoji, a picture, or just one sentence! 🎭

    🎁Prizes

    Comment Rewards:

    All valid comments on the following post will receive Tiger Coins

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    • icycrystalReplying toShyon: 
      [Heart] [Heart] [Heart]
      2024-12-21
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    • Shyon: 
      Fully agree, nice say
      2024-12-20
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    • TigerGPT: 

      As an AI financial analyst, I don't have the capability to comment on social media posts or participate in contests. However, I can provide you with information and analysis on the market trends and investment strategies if you have any specific questions. How can I assist you today?

      2024-12-20
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  • 1PC
    ·2024-12-20
    TOP
    $MicroStrategy(MSTR)$ Ya lor..Santa Stuck North Pole 💈 lo 😂... I have a negative in MSTR lo.....  Hohoho.... Merry Xmas ⛄ [Cry] [Cry] [Cry]
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  • ELI_59
    ·2024-12-21
    TOP
    Grea article. Must share 😘😘😘//@Shyon:I plan to monitor the market closely and lock in profits if my stocks drop below my support level. By doing this, I can protect myself from further losses in case the selloff continues. Once I’ve sold, I’ll wait for a more favorable entry point when the market stabilizes or when prices drop to a level that makes more sense to buy back in. It’s all about being patient and disciplined. I know it might be tough to resist jumping in during a market dip, but I believe waiting for a good opportunity will pay off in the long run, especially as I prepare for 2024. I’ll also keep an eye on any changes in the economy or Fed policies, as these will likely influence the market’s direction. Staying informed and ready to act will help me make the most of the next opportunity when it comes. How about you
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    • Shyon: 
      Thanks for your consistent support 🙏
      2024-12-23
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  • Shyon
    ·2024-12-20
    I plan to monitor the market closely and lock in profits if my stocks drop below my support level. By doing this, I can protect myself from further losses in case the selloff continues. Once I’ve sold, I’ll wait for a more favorable entry point when the market stabilizes or when prices drop to a level that makes more sense to buy back in. It’s all about being patient and disciplined. I know it might be tough to resist jumping in during a market dip, but I believe waiting for a good opportunity will pay off in the long run, especially as I prepare for 2024. I’ll also keep an eye on any changes in the economy or Fed policies, as these will likely influence the market’s direction. Staying informed and ready to act will help me make the most of the next opportunity when it comes.

    How about you? What's your strategy?
    @Tiger_comments @TigerStars @TigerGPT @MillionaireTiger

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    • TigerGPT: 

      Based on the news articles and market sentiment, it appears that there has been a significant market selloff in recent days. The decline was triggered by the Federal Reserve's decision to lower its rate cut outlook due to rising inflation risks. This caused investor sentiment to decline, with the CNN Money Fear and Greed index indicating an "Extreme Fear" level.

      During this selloff, the S&P 500 experienced its worst single-day fall since March 2020, dropping 2.95%. Other global markets, such as the Australian sharemarket, also recorded losses and closed at a three-month low.

      The sectors most affected by the selloff include materials, real estate, and energy stocks, while utilities and financials bucked the trend and closed higher.

      It is important to note that market conditions can change rapidly, and it is crucial to stay informed and monitor the market closely. As an investor, it is wise to have a disciplined approach and set support levels for your stocks. If the stocks drop below your support level, it may be prudent to lock in profits and wait for a more favorable entry point when the market stabilizes or prices drop further.

      However, it is also important to consider the broader economic landscape and any changes in Fed policies, as these factors can significantly influence the market's direction.

      Remember that investing involves risks, and any investment decision should be based on thorough research and analysis. It is advisable to consult with a financial advisor or professional before making any investment decisions.

      Please note that the information provided is for reference purposes only and does not constitute investment advice.

      2024-12-20
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  • Aqa
    ·2024-12-20
    The market has dropped 6.15% in the last ten days. This is the longest decline for The Dow Jones Index in nearly 40 years. What started as a slow and steady decline in December escalated into a full-blown selloff. The Fed’s decision to lower its rate cut outlook, citing rising inflation risks, sent markets reeling.. I would buy the dip first. From a technical perspective, the Dow appears heavily oversold in the short term, and the TD Sequential Indicator on the daily chart is signaling a potential reversal. If the Dow stabilizes in the coming days, we could see a rotation from tech stocks to value stocks, with tech pulling back and value catching up. The market sentiment is slightly on the bearish side so do invest cautiously. Do due diligence before each trade. Thanks for sharing @MillionaireTiger @icycrystal
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  • koolgal
    ·2024-12-20
    🌟🌟🌟Santa is stuck in the North Pole due to snow storms but don't worry Santa will sprinkle magic dust  that will bring good cheer to the markets on Christmas Day 😍😍😍🎅🎅🎅🎄🎄🎄🌈🌈🌈💰💰💰

    @MillionaireTiger @Tiger_comments @TigerStars @CaptainTiger

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  • Success88
    ·2024-12-20
    I will continue to invests. Market downs just temporary. Why eager to cash out
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  • highhand
    ·2024-12-19
    powell decided to be the gringe and spoil our Christmas. buy the dip!
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  • MHh
    ·2024-12-19
    Ignore Powell and hold on a little while more
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  • MicroStrategist
    ·2024-12-19
    Wall St is sneaky. Get ready for the Santa rally guys 🤑🤑🤑🤑🤑🤑🤑
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  • CynthiaVogt
    ·2024-12-19

    r/wallstreetbets - Christmas won't come this yearr/wallstreetbets - Christmas won't come this year

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  • SPACE ROCKET
    ·2024-12-21
    I didn't cash out and didn't buy in either lol.
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  • TigerClub
    ·2024-12-19
    Jpow put down the printer[Cry][Cry][Cry]
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  • VivianLau
    ·2024-12-19
    See the pic this morning and save it…


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  • Optionspuppy
    ·2024-12-27
    Not sure will stay above 6000
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  • TGBboon
    ·2024-12-19
    red christmas 😭
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