Moomoo Australia & New Zealand CEO Michael McCarthy said market sentiment has clearly shifted; turning points typically feature sharp divergence and large two-way price swings. Heavy overnight selling in US equities suggests the market may be enterin

2026-11-06

Moomoo Australia & New Zealand CEO Michael McCarthy said market sentiment has clearly shifted; turning points typically feature sharp divergence and large two-way price swings. Heavy overnight selling in US equities suggests the market may be entering such a phase, and McCarthy said many large participants now appear to regard the prior rally as over.