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The US Federal Reserve initiated its easing cycle with 50 basis points rate cut last week. This week, Chinese markets joined the trend on Tuesday by cutting the rate by 50 basis points. This decision sparked a rally, with the $Hang Seng Index (800000.HK)$ and $SSE Composite Index (000001.SH)$ rising more than 4% in a single day. On the same day, the Reserve Bank of Australia left its cash rate unchanged at 4.35%. Howe...
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Since young, I have been told by my teachers that a car is a depreciating asset. Besides road tax, parking fees, ERP and petrol/electrical costs, it needs regular maintenance and will require repairs at one point or another. It is recommended not to spend more than 20% of one’s disposable income on car expenses. Although owning a car provides convenience (especially if one is laden with shopping or has young children or family members with mobility iss...
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Dear Mooers,
As the annual "Black Friday" promotion event for 2023 approaches, let's take a look at what surprises the Rewards Club will bring us this year!
The Moomoo light, with the jumping cow on a ball symbolizing the meaning of getting rich overnight, bringing good luck to everyone!
So when will it be available and how can it be redeemed?Availability: It will be available online on November 13th at 9:00 PM, with limited daily updates until supply runs out.
Redemp...
As the annual "Black Friday" promotion event for 2023 approaches, let's take a look at what surprises the Rewards Club will bring us this year!
The Moomoo light, with the jumping cow on a ball symbolizing the meaning of getting rich overnight, bringing good luck to everyone!
So when will it be available and how can it be redeemed?Availability: It will be available online on November 13th at 9:00 PM, with limited daily updates until supply runs out.
Redemp...
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Why didn't anyone like it? Did no one buy soxs? It's not a good time to chase after it now, wait for a pullback and we'll add more positions. If there is a short squeeze, temporarily come back and continue to go heavy. As long as the blockade policy continues to restrict exports, we firmly hold a bearish view on the US semiconductors. If you're afraid of the high leverage of three times, you can take a smaller position, or buy SSG twice and short SMH once. Or short Taiwan Semiconductor, unless Taiwan Semiconductor resumes manufacturing for Huawei, otherwise it will continue to fall, falling back to 2018 or even lower.
$Direxion Daily Semiconductor Bear 3x Shares ETF (SOXS.US)$
$Proshares Trust Ultrashort Semiconductors New 2020(R/S) (SSG.US)$
$VanEck Semiconductor ETF (SMH.US)$
$Taiwan Semiconductor (TSM.US)$
$Direxion Daily Semiconductor Bear 3x Shares ETF (SOXS.US)$
$Proshares Trust Ultrashort Semiconductors New 2020(R/S) (SSG.US)$
$VanEck Semiconductor ETF (SMH.US)$
$Taiwan Semiconductor (TSM.US)$
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