Jan 13 Market Update - the market is taking a breather

$LULU $SG

Market

“Technology stocks tumbled as traders took profits on their 2024 winners. The higher interest rate environment means more headwinds for corporate earnings in 2025😊 😋

The markets still taking a breather. I would buy the dips slowly and gradually

The big losers were $MRNA Moderna, $ANF Abercrombie and $IONQ among other quantum computing stocks. Mostly because of their rich valuations which are not easily justified. But the overall market is still only a 3% lower than its highs.

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Today’s video is on Lulu Lemon $LULU the Apparel and sports clothing company.

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