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The US stock exchange rate continued to grow on the 19th, $S&P 500 Index (.SPX.US)$with $Nasdaq Composite Index (.IXIC.US)$has been rising for 8 consecutive days, making it the longest upward phase since the beginning of the year. Since a series of economic indicators showed the solidity of the US economy, there was a rush of buying.
Individual stocks are also doing well, $NVIDIA (NVDA.US)$has risen close to 30% for 10 days, $Nike (NKE.US)$It rose 9 times in a row, making it the first long-term continuous high in about 8 years.
Recession expectations continue to decline, and the US economy is expected to achieve a soft landing
Four recently released economic data strongly supported market sentiment, and expectations that the US economy could achieve a soft landing have resurfaced:
●Declining trend in the inflation rate: The US consumer price index (CPI) in July rose 2.9% from the same month last year, fell below the forecast of 3%, and fell from 3% in June. This suggests that inflation is slowing down, and there is a possibility that it will give room for the Fed to cut interest rates in the future.
●Unemployment claims declined: The number of new unemployment claims last week was less than expected at 0.227 million. this...
Individual stocks are also doing well, $NVIDIA (NVDA.US)$has risen close to 30% for 10 days, $Nike (NKE.US)$It rose 9 times in a row, making it the first long-term continuous high in about 8 years.
Four recently released economic data strongly supported market sentiment, and expectations that the US economy could achieve a soft landing have resurfaced:
●Declining trend in the inflation rate: The US consumer price index (CPI) in July rose 2.9% from the same month last year, fell below the forecast of 3%, and fell from 3% in June. This suggests that inflation is slowing down, and there is a possibility that it will give room for the Fed to cut interest rates in the future.
●Unemployment claims declined: The number of new unemployment claims last week was less than expected at 0.227 million. this...
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![The S&P 500 has had the longest rise since the beginning of the year! Will the market continue to be bullish?](https://sgsnsimg.moomoo.com/sns_client_feed/181250687/20240821/3aee76df62bd4c17848016fe5ad99f37.png/thumb?area=105&is_public=true)
![The S&P 500 has had the longest rise since the beginning of the year! Will the market continue to be bullish?](https://sgsnsimg.moomoo.com/sns_client_feed/181250687/20240821/cb9e9f56693e4630bd38fa601ba9b38d.webp/thumb?area=105&is_public=true)
![The S&P 500 has had the longest rise since the beginning of the year! Will the market continue to be bullish?](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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$FuelCell Energy (FCEL.US)$ I have completely withdrawn.
Looks like you can get it back with N's bear.
Looks like you can get it back with N's bear.
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$FuelCell Energy (FCEL.US)$ I cut my losses by one-third today, but I'll watch the situation until tomorrow and think about leaving. The sales are so strong that there is no sign that they will go up.
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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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