The sharp decline began after Yellen's speech.
$Nasdaq Composite Index(.IXIC.US$ Wall Street definitely knows the routine of retail investors; now it depends on how many retail investors take over at a high level. My personal guess is that after speaking, Yellen pretended to pull up and smashed the plate right away. Sister Hua probably won't wait until Amazon and Apple's earnings reports break the market.
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股添乐 : Who is speaking and when?
helpful Rhino_9231 OP : 01:30 .
Alvin_YiDa : The economic data are all in unhealthy figures, but the market is bouncing back, obviously attracting money from FOMO, and then the leeks are sweet and can be harvested again.![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
helpful Rhino_9231 OP Alvin_YiDa : Technical analysis has no effect on US stocks at all. The United States also criticizes others, making its own rules, being its own referee, and being its own bookmaker.
BruceLin8 : But after speaking recently, it has skyrocketed.
Alvin_YiDa helpful Rhino_9231 OP : I definitely believe this was the harvest before the large-scale decline of institutions. Unlike the last collapse in March 2020, there was a flood of QE printing money. Now the QT interest rate hike market is pumping, but there is a strong rebound. Obviously, institutions are luring retail investors to put their money back into the market... Then... let's watch
helpful Rhino_9231 OP BruceLin8 : Who knows. Guess
股添乐 : It's almost 3 o'clock now. I haven't even spoken yet, and the general discussion hasn't come down yet.
EU略 : It's clear that the big bull market is here, and the GdP is so bad that it won't drop and violence will rise next month
BruceLin8 股添乐 : TALK! Continue to soar! Already all the bad news is within expectations, so there is only one way up.