$Camber Energy(CEI)$ Sold off all these CEI stock at 0.5699 - will it taper down a bit and move back up? Volatile and market uncertainties so threading cautiously
🌟🌟🌟This has been a nerve racking week with the US markets closing down in the red zone. Investors have been worried about the Middle East war, a rise in the US 10 year yields towards 5% and the impact of interest rates staying higher for a lot longer than expected. This is indeed a great time to hunt for Red October Stocks that have been hammered lately yet have lots of upside potential. $NVIDIA Corp(NVDA)$ Is down 8% in the past 5 days to USD 413.87. However it is a far cry from its all time high of USD 502.66. This week the US government announced that it is tightening export controls on Semiconductor chips used for AI and the equipment used to manufacture them, in an effort to
Volatility notably returned to the markets this week as investors navigated the escalating conflict between Israel and Hamas, remarks from Federal Reserve Chair Jerome Powell and mixed earning reports from leading U.S. corporations. Rising bond yields pressured major stock indices, with the SPDR S&P 500 ETF Trust (NYSE:SPY) down 2.3% and the tech-heavy Invesco QQQ Trust (NASDAQ:QQQ) down 3% for the week. Short under 358 as posted yesterday The yield on the benchmark 10-year Treasury crossed 5% for the first time in 16 years on Thursday, a level that could ripple through the economy by raising rates on mortgages, credit cards, auto loans and more. The 10-year yield hit 5.001% around 5 p.m. ET Thursday, the first time it has traded above that level since July 20