Hedge Funds Are a Lot More Skittish for This Round of Magnificent 7 Earnings
Intense game! When the 'most sensitive U.S. stocks in history' meet 'Mag 7 financial reports'
Bank of America Merrill Lynch pointed out that 2024 has become one of the most volatile years for US stocks in over two decades, especially after financial reports are released, this volatility is particularly evident. In the current period of intensive financial report releases, investors should pay more attention to individual stock performance.
Two weeks after the frenzy buying, hedge funds have started shorting the US stocks again.
After two consecutive weeks of buying US stocks, the US stock market reached a historic high, and smart money started selling again. According to Goldman Sachs' latest weekly report, hedge funds sold US stocks last week, unwinding 25% of the recently established long positions, with short sell trades being more than twice the amount of buy trades.
Behind the US election is a billionaire battle, with huge donations potentially reshaping the course of the election!
①In the list of approximately 800 American billionaires compiled by Forbes, at least 144 people are using their wealth to fund the 2024 USA presidential election; ②By mid-October, the two candidates' groups have raised over 3.8 billion US dollars, making it the largest fundraising before an election in history; ③Approximately one-third of the funds raised by Trump come from billionaires, while Harris's proportion is only 6%.
Attention! The technology giants of the US stock market are about to release their financial reports, with heavyweight data such as PCE and non-farm payrolls expected to make a significant impact.
①On the eve of the US presidential election on November 5, the US stock market will experience a "high-energy" week; ②First, 5 of the "Seven Giants" will release heavyweight financial reports this week, followed by heavyweight economic data - the US PCE index and non-farm employment report will both be released.
Goldman Sachs predicts that the future 10-year ROI of US stocks will be as low as 3%, which has been refuted by many Wall Street professionals.
At present, there is no reason to believe that, with the passage of time, the economy and the market will face insurmountable challenges. Long-term gaming remains undefeated, and long-term investors can expect this momentum to continue.
gone way up after CEO dare bears to short his stock. look at the market cap, then check out the revenue, then look at how many times he misses 
