To The Moon

On June 21st, the trading volume of $NASDAQ(.IXIC)$ was second only to the quadruple witching day a week ago. The recent surge in technology stocks has attracted more capital, but many investors have also started to take profits. The pullback of major tech companies is currently the focus of investors. In addition to companies in the AI sector like $Microsoft(MSFT)$ $NVIDIA Corp(NVDA)$ $Meta Platforms, Inc.(META)$ , what is even more eye-catching is $Tesla Motors(TSLA)$ . Due to the continuous stream of positive news and the consecutive double-digit percentage increases in its

The market is confident at “skip” at the June meeting, but Chairman Powell may express hawkish views indicating that the Fed is still prepared to continue raising rates when necessary.Investors need to closely monitor the upcoming CPI report because if the data exceeds expectations, it will have an impact on whether there will be a rate hike in June.The consensus for May CPI and core CPI is 4.1% and 5.3%.Headline CPI of 4.1% is much lower than the previous data of 4.9%; core CPI remains elevated at 5.3%, lower than the previous data of 5.5%. However, there is still debate regarding the path of rate hikes, and the market expects at least two more 25-basis-point rate increases. The pause should not be seen as the end: 25bps in July and more?The path of fut

KEY POINTS Ark Invest, Cathie Wood’s firm with multiple actively managed exchanged-traded funds, wi