Wednesday, 29 January 2025

Is the Bull Market Over? 📉

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THE SHORTEST WAY TO A RICH LIFE

Is the Bull Market Over?

Matt Benjamin, Senior Markets Expert, The Oxford Club

Monday was an ugly day for the stock market.

After it became public that a Chinese start-up named DeepSeek created a new, high-performing artificial intelligence model - at a fraction of the cost that U.S. firms have spent - the S&P 500 dropped 1.8%, and the tech-heavy Nasdaq fell a whopping 3.5%.

As you would expect, semiconductor stocks fared the worst - Broadcom (Nasdaq: AVGO) fell almost 15% on Monday alone and Nvidia (Nasdaq: NVDA) plummeted 17%... in a day!

And tech stocks, which have powered the market rally for two years, dragged the rest of the market down with them.

Is this the end of the bull market that started back in October of 2022 and pushed the S&P 500 up 67% in a little more than two years?

Find the Answer Here

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Wednesday, 29 January 2025