$NIO Inc.(NIO)$,wow = made a huge come back recovery [Grin] [Like] . I'm not really sure how, but I think it must be something related to their new model. Also, I think the raise is further enhanced by the FED further hike interest rate [Doubt] +[Surprised] ?! I'm also not sure how the FED may affect it positively...[Speechless]
Not only $NIO Inc.(NIO)$, the whole US 🇺🇸 market $SPDR S&P 500 ETF Trust(SPY)$got flipped to the bullish side [Surprised] . It's a good thing [Grin] [Like] but I just doesn't get it... How is it that FED further raised interest rate will make the market bullish [Doubt] ? Yesterday I saw the $SPDR S&P 500 ETF Trust(SPY)$turned red 1 time & not sure what statement FED made & the whole $SPDR S&P 500 ETF Trust(SPY)$can jump from negative to +1.2%+ in less than 30min [Surprised] +[Doubt] ?
I totally has no ideas what's going on...[Gosh]
I need DYODD first before I can comment any further. Any pro investors know the answer as to why stocks rally when FED further raised interest rate [Doubt] +[Gosh] , do let me know down in the comment below so that I can slack on my DYODD [Sly].
Peace[OK]
DYODD before investing [OK]
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Nice nice nice