Post by Margin321on Dec 31, 2024 3:16pm
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Post# 36382745
Market shift???
Market shift???The downward pressure on megacap momentum tech stocks (the trillion dollar market cap club) continues and could have further to go.
But esppecially the last two days there seems to be a recognition that energy shares and also some mining shares may be quite undervalued. Then throw in the end of tax loss selling and the shares that have been held down by that may have an extra spring upwards. It is good to be diversified and many people do not want to be underweight energy and minerals. That alone may increase share prices.
Antway it just feels a little different the last 2 days.