Cai Wenkai
voted
Treasury Secretary Janet Yellen on Friday notified Congress that the U.S. will reach its statutory debt limit next Thursday.
After that, the Treasury Department this month will begin “taking certain extraordinary measures to prevent the United States from defaulting on its obligations,” Yellen wrote in a letter to new House Speaker Kevin McCarthy, R-Calif.
The Treasury “is not currently able” to esti...
After that, the Treasury Department this month will begin “taking certain extraordinary measures to prevent the United States from defaulting on its obligations,” Yellen wrote in a letter to new House Speaker Kevin McCarthy, R-Calif.
The Treasury “is not currently able” to esti...
13
$E-mini NASDAQ 100 Futures(DEC4) (NQmain.US)$ To put it simply, there are too many people shorting, the bears won't die and the bulls won't stop.
Translated
8
Cai Wenkai
voted
Cai Wenkai
commented on
$Tesla (TSLA.US)$ fuc u elon
2
2
Cai Wenkai
voted
Based on past experience, the stock market truly bottoms out when the VIX reaches 50 or higher!
But in this bear market, the S&P briefly touched a price of 3491, but the VIX has yet to reach 50 or higher (peaking at only 38)! Will this time be different from the past? I think only time can answer that~
However, due to the experiences of the past two years, investors have developed the mentality of investing again, believing that if it drops today, it will rise tomorrow~
It seems that the world is gradually moving away from globalization towards deglobalization!
In addition, with the excessive quantitative easing of the past two years and the current violent interest rate hikes, I personally think that the probability of a financial crisis is somewhat high and difficult to prevent~
Because derivative commodities are so complex, even the trading managers may not know, FED can only wait until things really happen to rescue the market under such circumstances and background!
But whether the worst scenario will happen, no one knows!
Although the personal view is very high probability...
Feel free to leave comments for discussion!
And if it really happens, where do you think the S&P spot will correct to? And that level will make you willing to go all in and buy the dip at all costs!?
Welcome to vote and discuss together~
The voting time is until the end of this year, after all, personally, I think the possible time is next year 🤣🤣
$iShares Semiconductor ETF (SOXX.US)$ $NASDAQ 100 Index (.NDX.US)$ $ ...
But in this bear market, the S&P briefly touched a price of 3491, but the VIX has yet to reach 50 or higher (peaking at only 38)! Will this time be different from the past? I think only time can answer that~
However, due to the experiences of the past two years, investors have developed the mentality of investing again, believing that if it drops today, it will rise tomorrow~
It seems that the world is gradually moving away from globalization towards deglobalization!
In addition, with the excessive quantitative easing of the past two years and the current violent interest rate hikes, I personally think that the probability of a financial crisis is somewhat high and difficult to prevent~
Because derivative commodities are so complex, even the trading managers may not know, FED can only wait until things really happen to rescue the market under such circumstances and background!
But whether the worst scenario will happen, no one knows!
Although the personal view is very high probability...
Feel free to leave comments for discussion!
And if it really happens, where do you think the S&P spot will correct to? And that level will make you willing to go all in and buy the dip at all costs!?
Welcome to vote and discuss together~
The voting time is until the end of this year, after all, personally, I think the possible time is next year 🤣🤣
$iShares Semiconductor ETF (SOXX.US)$ $NASDAQ 100 Index (.NDX.US)$ $ ...
Translated
1
Cai Wenkai
voted
Jerome Powell characterized questions about interest rate hikes into three categories today in his press conference:
• How high?
• How fast?
• How long?
Here's how he answered those questions:
How high:
"A level that will bring inflation to 2%. That level is uncertain and we will find it over time"
How fast:
"We want to make sure we don't make the mistake of failing to tighten enough or loosening too soon"
How long:
"At some point it will be time to slow the pace of increa...
• How high?
• How fast?
• How long?
Here's how he answered those questions:
How high:
"A level that will bring inflation to 2%. That level is uncertain and we will find it over time"
How fast:
"We want to make sure we don't make the mistake of failing to tighten enough or loosening too soon"
How long:
"At some point it will be time to slow the pace of increa...
9
2
Cai Wenkai
voted
$Dogecoin (DOGE.CC)$
You may find it difficult to jump into a ticker symbol after a massive rally like this. Dogecoin had a giant surge in price as Musk's takeover of Twitter adds to investors hopes of a wider adoption of the currency. After Dogecoin innitially rallied almost 40% there was a large profit-take which brought down the cryptocurrency over 10%. Apparently this was a very good dip-buy opportunity. After the dip in price the coin rocketed up almost 100% from the low of the...
You may find it difficult to jump into a ticker symbol after a massive rally like this. Dogecoin had a giant surge in price as Musk's takeover of Twitter adds to investors hopes of a wider adoption of the currency. After Dogecoin innitially rallied almost 40% there was a large profit-take which brought down the cryptocurrency over 10%. Apparently this was a very good dip-buy opportunity. After the dip in price the coin rocketed up almost 100% from the low of the...
From YouTube
16
21
$Meta Platforms (META.US)$ Drop a dog and eat poop
Translated
1
Cai Wenkai
commented on
$Nasdaq Composite Index (.IXIC.US)$ Thanks to the People 🐷 Party for everything.
Translated
1
3
Cai Wenkai
commented on
$ProShares UltraPro QQQ ETF (TQQQ.US)$ Lure many.
Translated
1
4