星球日报|Nov 06, 2026 01:41
[Institution: US Stocks May Be Reaching a Turning Point, Large Investors Signal Exit] Odaily Planet Daily reports that Michael McCarthy, CEO of Moomoo Australia and New Zealand, stated that market sentiment has clearly shifted significantly. He pointed out that market turning points are often accompanied by strong divergence, manifested as large two-way price fluctuations. The market currently appears to be in this phase, and the sharp sell-off in US stocks overnight suggests that the market may be heading in this direction. McCarthy believes this could be a significant turning point for the US market. He stated that based on overnight market performance, many large US market participants seem to have concluded that the rally that previously drove the market up has ended. (Jinshi)
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