US inflation has completely cooled down. In June, the CPI recorded its first month-on-month decline in four years, and the core CPI year-on-year growth rate reached its lowest point in more than three years. These data ignited the market's expectations that interest rates might be cut in September. As inflation eases, the market anticipates that the Federal Reserve may start cutting interest rates in September.
The S&P 500 and Nasdaq ended a seven-day record of continuous gains and retreated from their highest points. Nasdaq fell nearly 2%, and technology stocks were particularly under selling pressure. Among them, Tesla plummeted 8.4%, ending its 11-day continuous rise record. Nvidia also fell 5.6%, and chip stocks fell 3.5% overall.
At the same time, there was a significant shift in market style, with the Nasdaq 100 falling sharply, while the small-cap index soared, showing the biggest market differentiation since January 2021. In the small-cap sector, the Russell 2000 Index rose 3.6%, the best performance since November last year, and hit a new high of two and a half years.
In the real estate sector, the sector with the worst performance since this year saw the biggest increase in this round of market adjustments. Regional bank stocks rose more than 4%, and the China Securities Index also showed strong performance, rising more than 2%. Among them, JD rose about 7%, and Xiaopeng Motor rose more than 8%.
In the bond market, US Treasury yields fell sharply across the board, and the US dollar index also recorded its biggest one-day decline in two months. Meanwhile, the yen rose strongly, reaching 2.6% at one point, the biggest increase since the end of 2022. The Japanese government confirmed that it is interfering with the exchange rate to support the currency. The price of gold and silver is the same as...

How will it affect the market tomorrow? Should we dump all stocks now?

The market during  2024H1 is very much different from the past, specifically under the shadow of recession speculated to come soon.
I have made more than SGD 50K during the 2024H1 by doing trends following investment.
Picture 1: P/L 2024H1.
To control risk I literally made 1st entry buy on the left side and 2-5 following buy on the right side. Typical examples include my investment trade with Singapore Airlines, ...

The wave of AI revolution in US stocks in the first half of the year, and the bull market led by diet pills brought me a total profit of about SGD 42,000. The overall profit outperformed S&P, which is exciting, but I still need to actively summarize a few important trading experiences, improve and correct my trading strategies, and cut back on investment in the second half of the year.
1. In an environment of high interest rates, the upward momentum in the market is mainly led by a few major technologies. Their common characteristics are that their core competitiveness tends to be monopolized, profitability is strong, and cash is abundant. Such companies must be allocated to investment portfolios. Every time there is a pullback during a bull market, they should actively cooperate with the options portfolio to increase their positions.
2. This wave of leading AI companies led by Nvidia is fortunate that currently my biggest source of profit comes from Nvidia, but I missed the huge increase in the first half of the year due to being too conservative in strategy (selling and putting options with commission), but I think the AI wave will continue to lead the market in the second half of the year. I will increase my position on Nvidia. The Cuda platform and the new Blackwell will open up the 30 trillion computer deep learning market.
3. In the field of diet pills and diabetes, Eli Lilly and Novo Nordisk are the absolute best choices. Allocating some positions to leading stocks in this field will not be wrong in the long run.
4. Investing the vast majority of money in funds is not a smart choice for a bull market, but thinking the other way around, if the Federal Reserve starts a cycle of interest rate cuts in the second half of the year, then where will the large amount of dormant cash deposits and cash funds in the market begin? In addition to beauty...

Good Day MOoMOo community!!
This year thus far has been both because I recently moved over from another platform where I began my journey of learning the ropes of stock trading. Since the switch to moomoo I have not only catapulted my portfolio but my knowledge of the ins and outs or ebbs and flows of the market has dramatically increased for the better. The tools, guidance, and just overall user friendliness of this community has made all the difference. I ...

The increase before 6 months was due to NVDA
Most of the increase in July was due to TSLA