Z Amy
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$Direxion Daily FTSE China Bull 3X Shares ETF (YINN.US)$
Looks like the pullback is hitting hard today for YINN, but this could be part of the natural volatility cycle we expect with leveraged ETFs. Calls are still heavily traded, showing that many are betting on further upside, especially with China set to reopen on October 8th. That said, it’s important to stay cautious—these swings can go both ways quickly. Hopefully, we’ll see a rebound once liquidity flows back in after the holidays, but be ...
Looks like the pullback is hitting hard today for YINN, but this could be part of the natural volatility cycle we expect with leveraged ETFs. Calls are still heavily traded, showing that many are betting on further upside, especially with China set to reopen on October 8th. That said, it’s important to stay cautious—these swings can go both ways quickly. Hopefully, we’ll see a rebound once liquidity flows back in after the holidays, but be ...
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Z Amy
commented on
$Direxion Daily FTSE China Bull 3X Shares ETF (YINN.US)$ Being able to recover all of this, there will be a decent performance today.
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Z Amy
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The US Federal Reserve initiated its easing cycle with 50 basis points rate cut last week. This week, Chinese markets joined the trend on Tuesday by cutting the rate by 50 basis points. This decision sparked a rally, with the $Hang Seng Index (800000.HK)$ and $SSE Composite Index (000001.SH)$ rising more than 4% in a single day. On the same day, the Reserve Bank of Australia left its cash rate unchanged at 4.35%. Howe...
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$Jiayin Group (JFIN.US)$ Looking forward to new performance, Ah Gui, keep it up! 😍
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Z Amy
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$Bitcoin (BTC.CC)$ Why did it suddenly rise so much? Should I sell?
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