@qunz:$NIO Inc.(NIO.SI)$ $XPeng Inc.(XPEV)$ $NIO Inc.(NIO)$ Thanks to cash boost, been earning quite abit from China rally. Now that government declared a 140billion stimulus which is insane, this will likely spark a further rally of China shares. Cash boost allows for short term trading of such up-swings with minimal outlay and risk.
@Rocaptain:$拼多多(PDD)$ The White House has announced new measures – largely aimed at Chinese e-commerce platforms like Temu and Shein – to reduce the range of low-value imports eligible for duty and tax exemptions. US deputy national security adviser for international economics Daleep Singh said the measures will address the increasingly contentious de minimis rule, which exempts shipments valued under US$800 from import duties, taxes, and rigorous screening.
@Samlunch:$SPDR S&P 500 ETF Trust(SPY)$ $Invesco QQQ(QQQ)$ This is incredible: If you bought the S&P 500 ETF, $SPY, at market open and sold at market close every day since its inception in 1993, you'd be up just +13.3%. This means that the vast majority of gains have occurred after market close and before market open. Buying the market close and selling the next open saw a whopping +992% gain since the ETF was established. By comparison, the total return by simply holding the ETF during this period was +1,138%. Companies’ earnings releases and subsequent conference calls almost always occur outside of regular trading hours and lead to
@Omega88:Jackson Hole 2023!! All eyes will be on Powell's speech, US July CPI has only increased by 3.2% which is getting close to the 2% target set by the Fed. However, the Fed may not be pausing its interest rate hike soon and it's likely to cause the market to drop further. The market is always unpredictable; it may start to fall when everyone is optimistic. Just like what happened after Nvidia's Q2 earnings. It was a huge jump in revenue but the market is selling down now. It's market manipulation at its best!! On the other hand, it may start to rise when everyone is pessimistic! Hence, It's good to always invest regularly as no one can accurately predict the market. Even during a bull run, you should only invest in good stocks with fair valuation and don't have the "fear of missing out"