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Best two-day rally since 2020: Are the bulls staging a comeback?

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Markets have had a solid start to the month, with Dow rallying more than 1,500 points in two days and S&P 500 posting the best 2-day gain since 2020. Are the bulls making a comeback remains to be seen? What's your next move?
Bonus: Tell us your ideas, and six users will win 600 points!
Markets have had a solid start to the month, with Dow rallying more than 1,500 points in two days and S&P 500 posting the best 2-day gain since 2020. Are the bulls making a comeback remains to be seen? What's your next move?
Bonus: Tell us your ideas, and six users will win 600 points!
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"If you invested in a very low-cost index fund -- where you don't put the money in at one time, but average in over 10 years -- you'll do better than 90% of people who start investing at the same time."
- Warren Buffett
$Berkshire Hathaway 13F(BK2999.US)$$Berkshire Hathaway-A(BRK.A.US)$$Berkshire Hathaway-B(BRK.B.US)$$Bank of America(BAC.US)$

About index fund

“All of this mindless index fund money ends up chasing the same stocks. With hundreds of billions of mindless dollars chasing the same stocks, you end up with some crazy valuations"
- Warren Buffett
$Berkshire Hathaway 13F(BK2999.US)$$Berkshire Hathaway-A(BRK.A.US)$$Berkshire Hathaway-B(BRK.B.US)$$First Trust US Equity Opportunities ETF(FPX.US)$$Bank of America(BAC.US)$
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I'm currently reading the Buffett annual letters from 1965-today. It's crazy how much Buffett focused on operating earnings to shareholders' equity. It's the one metric he uses the most to figure out great businesses. LaughLaughThumbs Up
$Berkshire Hathaway 13F(BK2999.US)$$Berkshire Hathaway-A(BRK.A.US)$$Berkshire Hathaway-B(BRK.B.US)$$Coca-Cola(KO.US)$$Apple(AAPL.US)$$Bank of America(BAC.US)$$Occidental Petroleum(OXY.US)$
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What happened to the surprise rally in U.S. stocks?

On Thursday, the U.S. Department of Labor released September core CPI data: the Consumer Price Index increased 8.2% YoY in September. The Core Consumer Price Index rose 6.6% over the past year compared to a year ago, representing the highest level since 1982.
Although CPI higher than expected, the market itself is not so pessimistic
U.S.stocks plunged after the CPI data expoursed.In the morning,the Nasdaq fell more than 3%, the S&P 500 fell more...
What happened to the surprise rally in U.S. stocks?Expand
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CICC: maintain Tencent's "neutral" rating, with a target price of HK $328

$CICC(03908.HK)$ said it would introduce the valuation of Tencent in 2023. As the macro environment is still likely to continue to affect the company's business, it was decided to cut its 2023 revenue by 1% to 619.6 billion yuan and its 2023 adjusted net profit forecast by 1% to 144.3 billion yuan. Maintain the "neutral" rating, and cut the target price by 20% to HK $328, which corresponds to the non IFRS P/E ratio ...

Jefferies maintained Tencent's "buy" rating and lowered its target price to HK $421

The bank believes that the Group will implement a three pronged global strategy in the field of online games. At the same time, online advertising will benefit from the monetization of video accounts, further deepen and expand the advertising customer base, and profitability will be the key to cloud computing. In addition, it is predicted that the Group will pursue cost improvement to improve operating efficiency ...

Well-known investors bought 100000 shares of Tencent ADR

Southbound Capital has bought Tencent net for 28 consecutive days, totaling more than 10 billion Hong Kong dollars.
It is worth noting that well-known investor Duan Yongping said yesterday morning that he once again bought 100000 shares of $Tencent(TCEHY.US)$ with US $32.05, which cost about HK $25 million. Duan Yongping once added Tencent in February, March, April and August.
$TENCENT(00700.HK)$$Hang Seng TECH Index(800700.HK)$$China Concept Stocks(BK2517.US)$

Tencent and Alibaba both rose by more than 4%, and Tencent's repurchase efforts increased

Hong Kong stock technology stocks rebounded strongly, boosting the $Hang Seng Index(800000.HK)$, which rose by more than 3%. Among them, $TENCENT(00700.HK)$ , $MEITUAN-W(03690.HK)$ , $BABA-SW(09988.HK)$ and $BIDU-SW(09888.HK)$ all rose by more than 4% in the session.
With the continuous decline of the share price before, Tencent has stepped up its repurchase efforts, which has exceeded HK $6...
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