The three major U.S. indices have once again experienced a one-way decline trading day. The so-called soft landing by the Federal Reserve, successfully suppressing inflation through rate hikes while avoiding economic recession. The rotation of sectors is relatively large, the market conditions are not favorable, making individual stock trading relatively more difficult.
Today, trading NVAX. It experienced a sharp decline in intraday trading yesterday, but there is a bullish trend today. We will participate, with take-profit set around 19 and stop-loss at 15.5. (I will continue to track and follow any good news later on)

Pre-market trading news in the United States: 1. Futures indexes in the U.S. fell slightly before Wednesday. Traders are starting to worry about the economy slipping into a recession due to the possibility of the Federal Reserve raising interest rates beyond expectations. Dow futures dropped 0.4%, s&p 500 futures dropped 0.6%, and Nasdaq futures fell 1.0%. 2. The DAX index in Germany fell by 0.4%, the UK ftse100 index fell by 0.1%, the France cac40 index fell by 0.4%, and the Europe stoxx50 index dropped by 0.5%. 3. Petroleum stocks fell before the market, with bp plc, shell, and totalEnergies dropping more than 1%. 4. Airbnb fell by 2.86% before the market opening, while Morgan Stanley downgraded its rating to "shareholding". 5. Trump's social media shell company, DWAC, fell by over 3%, as a U.S. jury found two of Trump's group companies guilty of tax fraud and other charges. 6. China concept stocks were collectively down before the market opened, with H World Group, JD.com, XPeng Motors, Ke Holdings, Bilibili dropping by over 5%, NIO, Li Auto, Alibaba, Futu Holdings Ltd, Vipshop, New Oriental, PDD Holdings, Netease falling by over 4%, Trip.com, TAL Education, Baidu, Yum China dropping by over 3%, Manbang, JinkoSolar, Daqo New Energy, among others, all opening lower before the market. 36Kr Holdings rose by nearly 5% before the market opened, with a year-on-year revenue growth of 11.5% in the third quarter. Tuniu rose by 2%, with orders increasing by 43% over the past three days.

I just saw the statistics. After more than 6 months of waiting this year, the S&P 500 index has finally returned to its annual line. This has happened 14 times over the past 50 years, with an average annual increase of nearly 20%, except during the 2000 internet bubble. At that time, the 911 incident and the Iraq war occurred one after another, which caused the stock market to be revised for a very long time, and December was also always the month with the best performance of US stocks. Will US stocks have a Christmas market? If the recession continues, the market may continue to decline. I think at present, I still need to protect my capital, find appropriate opportunities to do short-term operations, and be in a state of profit and stop loss at any time

[US Stock Pre-Market News Express] ① US stock index futures weakened before the market on Monday. The US ISM Service Industry Index for November will be announced at 11:00 p.m. Beijing time. It is expected that the US service industry may continue to expand in November, but the growth rate will slow down.
② As of press release, Dow futures were down 0.4%, S&P 500 down 0.5%, and NASDAQ futures were down 0.4%
③ The German DAX index fell 0.52%, the British FTSE 100 index rose 0.28%, the French CAC40 index fell 0.41%, and the European Stoxx 50 index fell 0.29%.
④ WTI crude oil rose 2.55% to $82.02 per barrel. Brent crude rose 2.33% to $87.56 per barrel.
⑤ Morgan Stanley strategist Michael Wilson is returning to the singing camp. This strategist is one of the most outspoken skeptics of the US stock market. He believes that the recent rebound in US stocks has been enough, and he suggests that investors should lock in profits. Wilson said, “We are now bearish (US stocks) again.” He expects the S&P 500 index to resume its decline after rising above the 200-day moving average last week, saying that the downward trend since the beginning of the year has not changed.
⑥ Expectations that the Federal Reserve is slowing down interest rate hikes are heating up, and the US dollar has taken back more than half of its increase since this year. According to the data, the current increase in the US dollar spot index has narrowed to around 7%. The index previously rose by about 16%.
⑦ Gaming stocks strengthened before the market, with Wynn Resorts up 1% before the market and Sands Group up 2% before the market.
⑧ Credit Suisse rose more than 4% before the market, and it is rumored that the Saudi Crown Prince will go to Switzerland...