富路途
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Today's small farmers fell short of expectations, once again verifying the wonderful logic that “bad news about employment is good news for the stock market.”
However, I'm a little worried. On the one hand, both the S&P and NASDAQ are close to the bottom edge of the gap. S&P $SPDR S&P 500 ETF (SPY.US)$ There are only two points away from the gap. So now at this price, I'm choosing to sell at a partial take-profit. If we continue to approach the gap tomorrow, I will continue to sell.
If it continues to rise and the gap is fixed, then I'll just buy it back. The gap is only two points, which is an increase of less than 0.5%, so it doesn't matter if you miss it. Instead, if there is a gap and the pressure falls back, it is equivalent to the pressure level being greater. September, when the stock market is at its worst, is about to arrive, and future market trends will become difficult to predict.
On the other hand, large and small non-farmers often go against each other. Smaller non-farmers fall short of expectations, and large non-farmers may be astonishing.
Either the number of people employed in agriculture in Africa explodes, then the rise over the past two days will come to nothing. Either the number of employed people has plummeted, and the voices of recession have resurfaced, which is not good for the stock market. Preferably, it is in line with expectations, or slightly lower than expected. That is, employment is slowing down, interest rate hikes are over, the economy has made a soft landing, and the stock market continues to rise.
I lost my Tesla and Nvidia holdings today. If it falls later, I'll buy it back.
$Tesla (TSLA.US)$
$NVIDIA (NVDA.US)$
I've thought about an investment strategy before. I've mentioned it before. It's a matter of selling the details first, but until now it was just...
However, I'm a little worried. On the one hand, both the S&P and NASDAQ are close to the bottom edge of the gap. S&P $SPDR S&P 500 ETF (SPY.US)$ There are only two points away from the gap. So now at this price, I'm choosing to sell at a partial take-profit. If we continue to approach the gap tomorrow, I will continue to sell.
If it continues to rise and the gap is fixed, then I'll just buy it back. The gap is only two points, which is an increase of less than 0.5%, so it doesn't matter if you miss it. Instead, if there is a gap and the pressure falls back, it is equivalent to the pressure level being greater. September, when the stock market is at its worst, is about to arrive, and future market trends will become difficult to predict.
On the other hand, large and small non-farmers often go against each other. Smaller non-farmers fall short of expectations, and large non-farmers may be astonishing.
Either the number of people employed in agriculture in Africa explodes, then the rise over the past two days will come to nothing. Either the number of employed people has plummeted, and the voices of recession have resurfaced, which is not good for the stock market. Preferably, it is in line with expectations, or slightly lower than expected. That is, employment is slowing down, interest rate hikes are over, the economy has made a soft landing, and the stock market continues to rise.
I lost my Tesla and Nvidia holdings today. If it falls later, I'll buy it back.
$Tesla (TSLA.US)$
$NVIDIA (NVDA.US)$
I've thought about an investment strategy before. I've mentioned it before. It's a matter of selling the details first, but until now it was just...
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富路途
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Hey moo-ers,
Are you one of our loyal moomoo figurine collectors?
If you are, you’re gonna be really excited about this week’s launch on Rewards Club! Our Bull Market figurine(13,888 points) launches on 19 Aug (Friday) at 10:00am !
Hands up if you’re planning to add this cute little fella to your collection!
Click here to view all our exciting slew of rewards on Rewards Club.
$Futu Holdings Ltd (FUTU.US)$
Are you one of our loyal moomoo figurine collectors?
If you are, you’re gonna be really excited about this week’s launch on Rewards Club! Our Bull Market figurine(13,888 points) launches on 19 Aug (Friday) at 10:00am !
Hands up if you’re planning to add this cute little fella to your collection!
Click here to view all our exciting slew of rewards on Rewards Club.
$Futu Holdings Ltd (FUTU.US)$
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$Tonix Pharmaceuticals (TNXP.US)$ Will it rise again?
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富路途
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1. Energy and medical health sectors led the gains in today's market. Oil prices have moved away from the downtrend, with short-term demand for rebounds. The height of the rebound will depend on the situation, so set the profit-taking level closer. $Energy Select Sector SPDR Fund (XLE.US)$ $Exxon Mobil (XOM.US)$ $Direxion Daily Energy Bull 2X Shares ETF (ERX.US)$ $The Health Care Select Sector SPDR® Fund (XLV.US)$ $Direxion Daily S&P Biotech Bull 3x Shares ETF (LABU.US)$
2. The large cap market is currently in consolidation. Although the bulls have not maintained their strength, the bears are even weaker. There are no signs of downward pressure, any intraday declines will be quickly pulled back. The outlook remains bullish. UVXY is so weak that it has no friends, which indirectly proves the strength of the large cap market. $S&P 500 Index (.SPX.US)$ $SPDR S&P 500 ETF (SPY.US)$ $Invesco QQQ Trust (QQQ.US)$ $ProShares Ultra VIX Short-Term Futures ETF (UVXY.US)$
2. The large cap market is currently in consolidation. Although the bulls have not maintained their strength, the bears are even weaker. There are no signs of downward pressure, any intraday declines will be quickly pulled back. The outlook remains bullish. UVXY is so weak that it has no friends, which indirectly proves the strength of the large cap market. $S&P 500 Index (.SPX.US)$ $SPDR S&P 500 ETF (SPY.US)$ $Invesco QQQ Trust (QQQ.US)$ $ProShares Ultra VIX Short-Term Futures ETF (UVXY.US)$