Major US markets were still able to continue rally at closing (02/02/2021). The decline in stocks that have been targeted by short squeeze has restored investors confidence that the market is starting to return to rationality. Meanwhile, technology giants, Amazon and Alphabet, are scheduled to release financial reports today.
Domestically, JCI began to decline after starting February with a sharp increase. Investors are seen profit taking, marked by the drop in second layer stocks to the lower limit. In general, the market still tends to lack new sentiment. For today, JCI is expected to move in the range of 6,000-6,157.
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