Feels like it is not just Omicron fears, but inflation fears added on top of it. So far can see that people are hopeful on Omicron being mild, but still 2totally different groups on the inflation views. However, it certainly feels like this is the bottom for many stocks, bouncing off their support quite a few times. Those that are having red P/L, don't lose heart and sell at a loss. Hold on...market should recover soon.
Wall Street ends down after mostly negative week
- Wall Street finished lower on Friday, weighed down by Big Tech as investors worried about the Omicron coronavirus variant and digested the Federal Reserve's decision to end its pandemic-era stimulus faster.All three main U.S. stock indexes ended with a decline for the week after the Fed on Wednesday signaled three quarter-percentage-point interest rate hikes by the end of 2022 to combat surging inflation.Nvidia dropped 2.1% and Alphabet lost 1.9%, both weighing on the S&P 500 and Nasdaq.The S
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