Dow ntog ze li 300 ntsiab lus raws li kev lag luam nkag mus rau 'Kev poob qis dua' Thiab $ 4 trillion Options Expiration Fuels Loj Volatility

Tojsiab

Lub khw lag luam tau poob rau qhov kev sib tham thib peb rau hnub Friday tom qab kev tsim cov ntaub ntawv ntxiv rau kev txhawj xeeb txog kev lag luam tau coj mus rau kev lag luam poob qis - qhov kev poob qis uas tau thawb qhov ntsuas tseem ceeb mus rau qib qis tshaj hauv ntau tshaj ib hlis thaum muaj kev hloov pauv los ntawm kev xaiv ntau yam. teem rau imminently tas sij hawm.

Cov Lus Tseem Ceeb

Dow Jones Industrial Nruab Nrab poob ze li ntawm 282 cov ntsiab lus, lossis 0.9%, mus rau 32,920 rau hnub Friday, thaum S&P 500 thiab tech-heavy Nasdaq zoo li poob rau ib hlis qis, dipping 1.1% thiab 1%, feem.

Kev poob zuj zus ntxiv tom qab S&P Global qhia Cov tuam txhab lag luam ntiag tug tau xaus rau lub xyoo nyob rau hauv "kev poob qis dua vim qhov kev xav tau tsis muaj zog thiab cov nqi siab tom qab," nrog rau kev txiav txim xa tawm tshiab nyob rau lub Kaum Ob Hlis poob rau xya-hli ncaj thiab kev lag luam tshiab thoob plaws cov lag luam ntiag tug tanking ntawm qhov nrawm tshaj plaws txij li lub Tsib Hlis 2020. .

Cov ntaub ntawv "tau lees paub Wall Street qhov kev ntshai tias kev lag luam tau sai sai rau kev lag luam poob qis," Oanda tus kws tshuaj ntsuam Ed Moya tau hais rau hnub Friday, ceeb toom txog kev tsim khoom lag luam tau poob mus rau 31-lub hlis qis thiab pom tias qhov kev poob qis yuav txuas ntxiv mus rau xyoo tom ntej raws li cov paj laum siab, uas. ua kom qiv nyiaj ntau dua thiab ua rau kev lag luam qeeb, nyob hauv thaj chaw txwv.

Cov thawj coj tau ua me ntsis los daws cov kev ntshai no: Hnub Friday, New York Federal Reserve Thawj Tswj Hwm John Williams hais rau Bloomberg TV kev lag luam tawv tawv yuav ua rau muaj txiaj ntsig ntau dua rau qee lub sijhawm, muaj peev xwm txawm tias "siab dua li [cov neeg ua haujlwm] tau sau tseg."

Hauv email, LPL Tus Thawj Fwm Saib Xyuas Nyiaj Txiag Quincy Krosby tau hais tias kwv yees li $ 4 trillion tus nqi ntawm cov kev xaiv uas tuaj yeem tas sijhawm rau hnub Friday qhov kev sib tham tau ua rau muaj kev xav ntau ntxiv rau kev lag luam, ua rau cov tub ua lag luam ua rau ob npaug ntawm kev pheej hmoo bets lossis unwind lawv txoj haujlwm-zoo meej. daim ntawv qhia rau volatility.

Hnub Friday tau cim qhov xwm txheej hauv peb lub hlis twg uas muaj ntau qhov kev xaiv kev lag luam tau teem sijhawm tas sijhawm - feem ntau tsav tsheb nce kev lag luam ntim, sau tseg Krosby, raws li cov tuam txhab lag luam ntau thiab cov nyiaj tiv thaiv kev lag luam uas loj heev rau kev ua lag luam bets raug yuam kom rov xav txog cov haujlwm ntawd.

Kev Nkag Siab Hais

"Kev lag luam feem ntau tso tseg kev cia siab" uas txo cov nqi siab yuav ua rau cov neeg ua haujlwm hauv tuam txhab nyiaj hauv nruab nrab lawv txoj haujlwm hauv kev tswj hwm kev nce nqi tau ua tiav, hais tias tus kws tshuaj ntsuam Adam Crisafulli ntawm Vital Knowledge Media. Nws sau tseg tias qhov kev xav tsis zoo yuav txuas ntxiv mus rau lub asthiv tom ntej, nrog rau cov ntawv qhia txog tus nqi ntawm cov neeg siv khoom tom ntej tsis tau teem sijhawm tso tawm kom txog rau thaum Lub Ib Hlis 12.

Contra

Txawm hais tias nws lees paub tias qhov kev cia siab ntawm cov khoom lag luam tsis hloov pauv tuaj yeem txuas ntxiv mus rau thawj peb lub hlis twg, Laffer Tengler Investments CEO Nancy Tengler hais tias nws ntseeg tias tam sim no yog lub sijhawm pib yuav cov khoom lag luam thaum lub sijhawm muag. Nws taw qhia txog kev nce nqi nce ntxiv raws li qhov txiaj ntsig zoo rau cov khoom lag luam, thiab nws taw qhia cov khoom lag luam hauv xyoo 1982 - lwm lub sijhawm cuam tshuam los ntawm kev nce nqi siab - pib nce ntxiv ob peb lub hlis ua ntej Fed hloov nws lub suab nrov ntawm cov paj laum hikes. Tom qab ntawd, lawv tau txais tag nrho lawv cov kev poob hauv peb lub hlis xwb, Tengler sau tseg.

Tus Keeb Kwm Tseem Ceeb

Cov khoom lag luam tau tawm tsam txij li Fed pib nce nqi hauv lub Peb Hlis. Raws li Goldman Sachs, 2022 zoo li yuav xaus rau xyoo thib rau-feem ntau hloov pauv txij li Kev Nyuaj Siab Loj. Tom qab nce ze li ntawm 27% hauv 2021, S&P poob ze li 20% xyoo no, thiab Nasdaq tau poob 32%.

ntxiv nyeem ntawv

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Source: https://www.forbes.com/sites/jonathanponciano/2022/12/16/dow-falls-nearly-300-points-as-economy-enters-stronger-downturn-and-4-trillion-options-expiration-fuels-major-volatility/