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Big stocks swings, often after great results, are happening as investors are buying anything promising well before results come out, explains moomoo Australia and New Zealand market strategist Michael McCarthy. With no one left to buy, often the only way is down, such as we just saw with Airbnb
Stocks mentioned include Airbnb, Atlassian, Block, Cochlear, CommBank, CrowdStrike, Eli Lilly, Fortinet, JB Hi-Fi, Nick Scali, QBE
By Moomoo Australia & New ZealandBig stocks swings, often after great results, are happening as investors are buying anything promising well before results come out, explains moomoo Australia and New Zealand market strategist Michael McCarthy. With no one left to buy, often the only way is down, such as we just saw with Airbnb
Stocks mentioned include Airbnb, Atlassian, Block, Cochlear, CommBank, CrowdStrike, Eli Lilly, Fortinet, JB Hi-Fi, Nick Scali, QBE