Now people are confused
Should I buy now or should I sell? Check out the move in the HK market! The shorts better pray that the Fed meeting tomorrow will be hawkish. If not Xpeng will be at $15 over night.
Alot of people got caught with their pants down since JP morgan downgraded the stock just days earlier. Do you really think JP Morgan is going to downgrade something that they brought millions of shares just weeks earlier. JP just wanted the shorts to load up for the blastoff ! Disgusting hum???????
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Trading is a tough business! All my commentary are my personal opinion. Do not follow my trades. You will lose money!
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_Franco : No fed meeting until December 13th with the rate decision happening on the 14th at 2 pm. Jerome Powell spoke today suggesting that rate hikes might be less than planned which got the market excited. But you know, sell the news. it's probably good to take profits today and just sit back to watch the show. If you really want to invest though just make sure to hedge your investment with an inverse ETF or some type of option strategy. I personally enjoyed winning with BILI but sold yesterday in the US market. Just following my own advice. I wish you many riches.
good luck