The US Eastern Wednesday stock market was quite interesting. The three major indices showed inconsistent performance; the S&P 500 and Dow Jones surged to record highs during the session but failed to hold their ground. The Dow Jones ultimately plummeted 466 points, nearly a 1% decline.
The storage sector clearly weakened, which has been a common theme these past few days. Chinese concept stocks also didn't fare well, mostly in the red. Conversely, precious metal-related stocks were hit even harder, dropping sharply.
In the spot market, international gold and silver prices also fluctuated and weakened throughout the day. Such correlated movements are quite common—when risk assets come under pressure, commodity prices tend to adjust accordingly. This signal is worth noting for traders holding crypto assets or those focused on traditional asset allocation.
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RooftopVIP
· 01-10 17:36
Historical highs are crashing down, hilarious... Storage, Chinese concept stocks, precious metals all in the green, just missing a market assistant.
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AirdropHunterWang
· 01-10 17:26
It's that kind of high open and low close pattern again, a sharp dive from the highs is no longer surprising. The problem is that this round of decline is quite fierce, and risk assets are being sold off so aggressively that no one wants them.
The two old friends, storage and Chinese concept stocks, are starting to disconnect again, but I'm more focused on the signals from commodities—gold and silver falling means the market is really panicking. Now I guess someone is probably bottom-fishing in the crypto space again, haha.
At times like these, it still depends on how you allocate your assets; you can't just watch the market all the time.
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LiquidatedNotStirred
· 01-08 17:38
It's the old trick of rising sharply and then falling back again—really impressive. Storage, Chinese concepts, precious metals all collapsing across the board. I just want to ask, is there anything else worth buying...
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LiquidityNinja
· 01-08 01:57
It's another high-level plunge, luckily I withdrew early. It seems that precious metals really can't hold up this time.
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TooScaredToSell
· 01-08 01:55
Once again, a high-level jump and plunge show, the storage sector is hammered every day, Chinese concepts are truly hopeless.
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When risk assets come under pressure, commodities follow as if they are part of the same funeral procession. I'm tired of this correlation.
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The Dow Jones crashed straight down after failing to hold the high ground. This is just ridiculous.
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Gold and silver stocks are smashed to pieces, and spot gold and silver are also shaking. It feels like nothing is going well.
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Once risk assets can't hold up, a chain reaction occurs. Holding cash and waiting is the best strategy.
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Chinese concepts are in the red, storage is beaten down. With this kind of market, what signals are worth mentioning?
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The S&P has been playing this game of rising and falling for so many years. Isn't it exhausting?
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Gold and silver prices fluctuate all day, and it feels like the market is going crazy.
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GigaBrainAnon
· 01-08 01:44
It's the same old trick, the daily drama of rising and falling, isn't it tiring? Storage, Chinese concept stocks, and precious metals are all in the red. When risk assets collapse, commodities follow suit, moving in sync.
Partners holding positions need to stay alert; this wave of adjustment still requires careful observation.
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Lonely_Validator
· 01-08 01:38
Opening high and then plunging, this move is really amazing, just like riding a roller coaster
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GweiWatcher
· 01-08 01:28
It's the same old trick again, pushing up at high levels and then running away, retail investors are just the bagholders. Be especially cautious about the link between precious metals and cryptocurrencies, as risk assets collapse all at once under pressure.
The US Eastern Wednesday stock market was quite interesting. The three major indices showed inconsistent performance; the S&P 500 and Dow Jones surged to record highs during the session but failed to hold their ground. The Dow Jones ultimately plummeted 466 points, nearly a 1% decline.
The storage sector clearly weakened, which has been a common theme these past few days. Chinese concept stocks also didn't fare well, mostly in the red. Conversely, precious metal-related stocks were hit even harder, dropping sharply.
In the spot market, international gold and silver prices also fluctuated and weakened throughout the day. Such correlated movements are quite common—when risk assets come under pressure, commodity prices tend to adjust accordingly. This signal is worth noting for traders holding crypto assets or those focused on traditional asset allocation.