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On the 19th, the US stock market continued to rise, $S&P 500 Index (.SPX.US)$and $Nasdaq Composite Index (.IXIC.US)$rising for the 8th consecutive day, marking the longest upward trend so far this year. A series of economic indicators showing the resilience of the US economy led to buying on dips.
Individual stocks also performed well, $NVIDIA (NVDA.US)$rising nearly 30% in the past 10 days, $Nike (NKE.US)$It rose for the 9th consecutive day, marking the longest continuous high in about 8 years.
Expectations for an economic downturn continue to decline, with the U.S. economy expected to achieve a soft landing.
Recently released four economic data points strongly support market sentiment, rekindling expectations that the U.S. economy can achieve a soft landing:
●Decreasing inflation trend: In July, the U.S. Consumer Price Index (CPI) rose by 2.9% year-on-year, below the expected 3%, indicating a decline from June's 3%. This suggests a slowdown in inflation, potentially giving the Federal Reserve room for future interest rate cuts.
●Unemployment insurance claims decline: Last week's initial unemployment insurance claims of 0.227 million fell below expectations. The...
Individual stocks also performed well, $NVIDIA (NVDA.US)$rising nearly 30% in the past 10 days, $Nike (NKE.US)$It rose for the 9th consecutive day, marking the longest continuous high in about 8 years.
Recently released four economic data points strongly support market sentiment, rekindling expectations that the U.S. economy can achieve a soft landing:
●Decreasing inflation trend: In July, the U.S. Consumer Price Index (CPI) rose by 2.9% year-on-year, below the expected 3%, indicating a decline from June's 3%. This suggests a slowdown in inflation, potentially giving the Federal Reserve room for future interest rate cuts.
●Unemployment insurance claims decline: Last week's initial unemployment insurance claims of 0.227 million fell below expectations. The...
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![S&P 500 index, experiencing the longest upward trend since the beginning of the year! Will the bullish market continue in the future?](https://sgsnsimg.moomoo.com/sns_client_feed/181250687/20240821/3aee76df62bd4c17848016fe5ad99f37.png/thumb?area=105&is_public=true)
![S&P 500 index, experiencing the longest upward trend since the beginning of the year! Will the bullish market continue in the future?](https://sgsnsimg.moomoo.com/sns_client_feed/181250687/20240821/cb9e9f56693e4630bd38fa601ba9b38d.webp/thumb?area=105&is_public=true)
![S&P 500 index, experiencing the longest upward trend since the beginning of the year! Will the bullish market continue in the future?](https://sgsnsimg.moomoo.com/sns_client_feed/181250687/20240425/c3f0aeae25cc4bf947fff7f33d0f6a3a.png?area=105&is_public=true/thumb)
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$Direxion Daily Semiconductor Bear 3x Shares ETF (SOXS.US)$
I wonder if it will drop a lot today too 😱
I don't know when to buy more 😱 🤣
I wonder if it will drop a lot today too 😱
I don't know when to buy more 😱 🤣
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$Direxion Daily Semiconductor Bear 3x Shares ETF (SOXS.US)$ I expect the ISM non-manufacturing index to rise a little more next Monday
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The S era has arrived!
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![Picture](https://sgsnsimg.moomoo.com/sns_client_feed/183158171/20240802/364183864acb96ad83cd9f5e91c1d840.jpg/thumb?area=105&is_public=true)
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$FuelCell Energy (FCEL.US)$ I cut my losses by one-third today, but I will wait and see until tomorrow and consider withdrawing. There is no sign of a rise as the selling pressure is too strong.
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$FuelCell Energy (FCEL.US)$ The number of comments has reached 20, so I'm posting a new one.
I can't think of anything other than an increase on a weekly basis
I can't think of anything other than an increase on a weekly basis
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