To The Moon

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The blended net profit margin for the $S&P 500(.SPX)$ in Q3 2023 is 11.6%, which is lower than the year-ago net profit margin of 11.9%, but is equal to the previous quarter (Q2 2023) at 11.6%.This marks the seventh consecutive quarter with a year-over-year decline in net profit margin.data from factset Divided Net Margins In Different SectorsSix sectors, led by Communication Services(12.2%), $Communication Services Select Sector SPDR Fund(XLC)$ report higher net profit margins in Q3 2023 compared to Q3 2022.Five sectors, notably Energy(11%) $Energy Select Sector SPDR Fund(XLE)$ and Health Care(8.1%) $He

In the past two weeks, the chaotic fighting mode among major assets in the financial market has not subsided. On the contrary, with the change of news, the traditional mode of risky assets and safe-haven assets dancing together has intensified. Among them, Nvidia, which was affected by Sino-US chip relations, was accidentally shot. The technical risk of breaking the position also brought greater downward pressure to the US stock index.In the middle of last week, the news about restricting the sale of high-end graphics cards came out, which not only made the domestic graphics card scalpers who had been silent for many years eager to move, but also made NVIDIA, a hot US AI concept stock in the first half of the year, fall continuously. Although the follow-up "rumor-dispelling" retail is not