To The Moon

US stocks are surging once again. $NASDAQ 100(NDX)$ has returned to a technical bull market! The “Magnificent 7” added $830 billion in market cap in just one day. It seems the market has fully shaken off the pain caused by Trump’s early-April policy moves.Don’t the past six weeks feel like a bad dream?Following this weekend’s talks, most tariffs have been suspended.Roberto Scholtes, Head of Strategy at Singular Bank, said U.S. equities are unlikely to revisit record highs in the short term. Even if a final deal is reached, companies will still suffer from the chaos and uncertainty of U.S. economic policy. “We bought the dip earlier,” he said. “Now we’re on pause—but also considering whether to trim positions on the rebound.”Other investors believe

What a way to start a new trading week, with a “Bang”. US market rallied after it was announced that US and China agreed to temporarily slash tariffs following negotiations over the weekend in Geneva, Switzerland. The 90-days halt has raised hope that a trade war won’t push US economy into a recession. Personally, I think this is the false hope that traders “want to believe” so that it is trading-as-usual again. US market as of 12 May 2025 By the time US market closed for the day: DJIA: +2.81% (+1,160.72 to 42,410.10). Near intraday high, with strong buying enthusiasm intact. S&P 500: +3.26% (+184.28 to 5,844.19). Index has gained more than 20% since its April 2025’s low. Posted 15 new 52-week highs and 3 new lows. Nasdaq: +4.35% (+779.43 to 18,708.34). Exit bear market with advancing