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Moomoo's Michael McCarthy says US stocks may be at a turning point

NewsFeeds update

Moomoo Australia and New Zealand chief executive Michael McCarthy says market sentiment has clearly shifted, and that turning points tend to bring sharp two-way swings in share prices. He says overnight selling in US stocks suggests large participants believe the rally that drove the market is over.

MacroOdailyAIBearish

Read the original on Odaily

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Every Macro update on NewsFeeds

Every update is a short rewrite, by AI in our own words, of a flash from the outlet named on it, credited and linked. Not investment advice.