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The NASDAQ broke through 0.02 million points for the first time, Tesla led a group of tech giants to a new high, and Bitcoin climbed to 0.1 million dollars
The Dow and Apple fell, the Nasdaq rose nearly 2%, Tesla and Google rose nearly 6%, while Meta, Amazon, and Netflix all reached new highs. NVIDIA rose over 3%, Broadcom rose nearly 7%, Super Micro Computer once dropped over 8%, the decline of Chinese concepts narrowed, and Fangdd Network turned to rise over 11%. The U.S. November CPI confirms interest rate cut bets for next week, with a pause on rate cuts expected in January next year. The dollar and U.S. Treasury yields rebounded in a V-shape, while spot Gold reached its highest level in five weeks. The yen plunged below 152, while the offshore yuan once dropped over 300 points, falling below 7.29 yuan. After a significant interest rate cut by the Bank of Canada, the Canadian dollar and Canadian bond yields turned to rise, and oil prices increased by about 2%.
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thanks
ひな☆彡 SOXL(Bull) : Are you gonna take profit soon? The chart looks a little concerning
Chad Dunbar OP ひな☆彡 SOXL(Bull) : No, I don’t see myself selling in the next 5 years. If it pulls back, I’ll buy more. With quality companies, I prefer to hold long enough to gain tax advantage and let the shares compound, rather than jumping in and out then having to pay the full amount of taxes on gains.
ひな☆彡 SOXL(Bull) Chad Dunbar OP : That’s me ahahah all the best