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Today's significant decline, two reasons.

First, internal investigation of large technology companies in the mainland leading to capital outflows, causing A-shares and Hong Kong stocks to plummet, and the US stock market also experiencing volatility.
Second, Nasdaq hitting 15000 points, there must be a wave of fluctuations to get rid of uncertain retail investors. Impacting the integer level will definitely face resistance, which is also foreseeable.

The current strategy is to hold large technology stocks steadily, and the general decline should not be significant.
Stocks related to the concept of car manufacturing are too active and can experience sudden big declines, making it difficult to escape. If you have a bullish view in the long term, hold on to them, otherwise, sell them and run away.
Regarding small-cap stocks, pay attention to the Russell index, which has just stabilized at the bottom but has shown signs of decline. It can only be said that small-cap stocks have not yet gained momentum. When large technology stocks are unable to drive, naturally capital will be attracted to small-cap stocks.
Netflix has fallen too much in the early stage and is in a defensive strategy. At this time, capital will pick up some stocks that have fallen too much in the early stage. Anyway, it has already bottomed out and there is not much room for further decline.

Overall, the Nasdaq will not stop playing below 15,000 points and will continue to play. Currently, it is the earnings release season for major technology companies, and Apple's earnings will be released today. If we can make a move, we will make good use of this opportunity.
In addition, the US market itself is the cradle of global capital hedge. When capital flows out of China, it will inevitably flow into the United States, so there will be no problem with the overall environment of US stocks.

Overall, after August, the US stock market will enter a vacation mode, and now is the final active period of the US stock market. In terms of risks, pay attention to the earnings reports of Apple and other companies. If there are any warning signs, it's time to run.

That's all.
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