What will the market actually look like next week after the expiration of the quadruple witching day?
Last night we could see that the tug-of-war between bulls and bears was quite intense from the start because among the seven giants, only NVIDIA was targeted from the beginning, with its stock price being suppressed. Since NVIDIA is the overall leader in Technology, when its stock price is under pressure, the Large Cap market sentiment will be very poor.
However, yesterday we saw that Tesla appropriately released good news, stating that its robots are about to start mass production, so Tesla was very strong from the beginning yesterday, rising nearly three points right away.
Then, at the market opening, Meta among the seven giants started to stir. Both companies have very distinct characteristics; Meta previously created a spectacular scene with a 20-day consecutive rise, while Tesla, due to Musk's various negative comments tarnishing his image, has seen its stock price fall significantly, nearly halving.
So after this round of digesting bearish news concluded, Tesla's rebound became a key point of rising sentiment among retail investors because Tesla's major rebound made many see hopes for excess returns, which is the only way to attract more funds.
Similarly, it can be observed that yesterday's popular stocks opened with full force, such as PLTR, TEM, HIMS, and other companies that everyone is familiar with. At the start, funds began to flow into these stocks, giving retail investors great confidence. In fact, the market had initially forecasted the emotional sentiment of funds, and subsequently, the large cap successfully turned the tide.
And...