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Description: The Nasdaq Composite squandered its biggest intraday gain in almost 2 years on Thursday and was seeing declines deepen on Friday

Source: MarketWatch.com

Date: Jan 21, 2022

Link: https://www.marketwatch.com/story/heres-one-reason-the-stock-market-is-squandering-big-early-leads-weve-shifted-from-buy-the-dip-to-sell-the-rally-says-analyst-11642714042?siteid=yhoof2

Questions for discussion:

  • What are the reasons for the market behavior?
  • According to the report, what are the technical concerns?
  • What do you think about this analysis and what would you advise investors at this time?

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