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As Heavyweights Like Apple and Amazon Sag, Traders Start Losing Hope

The Nasdaq and Nasdaq 100/Invesco fund hit new closing lows for the year. Over 650 stocks hit new 12-month lows, including heavyweights like Disney , BlackStone , AirBNB , Apple , and Amazon . Investors have given up hope of a "Santa Claus rally," and they now seem to doubt that there will even be a minor oversold bounce before we wrap up trading for the year. Read More...

The Nasdaq and Nasdaq 100/Invesco fund hit new closing lows for the year. Over 650 stocks hit new 12-month lows, including heavyweights like Disney , BlackStone , AirBNB , Apple , and Amazon . Investors have given up hope of a “Santa Claus rally,” and they now seem to doubt that there will even be a minor oversold bounce before we wrap up trading for the year.

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