Trump didn't lie to me, how should I trade after this big rally?
Trump really didn't lie to me, he told us to buy stocks, and they really went up!!!!
Let's first discuss the outlook for the future market:
If you missed the previous rebound, chasing gains now won't be very profitable, and the risk-reward ratio is not favorable![]()
If you want to get in, it's better to wait for individual stocks to pull back before entering the market!
Although the current upward trend is still strong, the United States still has many issues to address!
For example, the CPI data will be released tonight, and the inflationary pressure in the US is still significant.
Therefore, its trade war certainly cannot withstand prolonged attrition. I'm even patiently waiting to see if the US stock market will continue to change direction in the future, providing an opportunity to short US stocks. I've already chosen the target, which is to use $ProShares UltraPro Short QQQ ETF (SQQQ.US)$ and buy SQQQ options!
Recently, US stocks have risen, and technically they've shown a rebound. Be cautious of a potential continued decline and reversal. It's better to be prudent! $NASDAQ 100 Index (.NDX.US)$
The CNN Fear & Greed Index has also started to enter the greedy zone. Now is not the time to be blindly aggressive. Continuing to hold stocks or slightly reducing positions is the best strategy!
Stock buybacks by US-listed companies are set to exceed $1 trillion for the first time this year. Relying solely on corporate buybacks and retail investor purchases clearly cannot satisfy the upward momentum of US stocks. I believe the valuation of US stocks is truly not cheap, so we still need to be careful!
Besides US stocks, I also reduced my positions in Hong Kong stocks during yesterday's rapid rise! Tencent will release its earnings report this week, and I believe that at this price range around 500, it's a very good level to report earnings. After reducing my position, I will continue to hold on to my remaining shares :) Waiting patiently for the earnings release!!!
We're now entering the earnings disclosure period for Chinese concept stocks. I've been using the earnings calendar feature to check on relevant companies. Tonight, $Sea (SE.US)$ $TENCENT (00700.HK)$ $Alibaba (BABA.US)$ will release its earnings - it's quite an interesting company!
Recently, I discovered a new feature on moomoo that's used for finding opportunities. I've been keeping an eye on cryptocurrency-related stocks and quantum computing concept stocks! This feature is really great, haha!
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
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U.S.-China trade breakthrough: Which sectors will benefit?
China and the U.S. have nearly reached a tariff framework agreement, which is expected to ease bilateral tensions. In the short term, this m
Moo Options Explorer
Apr 7 17:28
Weekly roundup: Tariff turmoil and recession fears dominate
Mike A663 : he did cause it to drop in the first place. implement tariff then cancel tariff say one thing do another. what he did and what he take back after saying he will do will influence short term price. long term, not so much
DavidBeeby : Trump hype... again.
Digital Cat : Catch the Wave
101567985 : if buffett is still on cash, there is a good reason. Sell on News. Buy on Fear.News is already out.,make ur own choice=)
Daring Lu 101567985 : Well said.![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
101567985 : although i stil dont get why HSI fell after tariff cut?was there already a major dump?
Ultratech 101567985 : buffet doesnt believe in waiting for a crash.
EZ_money 101567985 : buffet is in his largest cash holdings ever in history 60% cash. that says all you need to know
EZ_money 101567985 : might have been the dollar gaining other currencies falling
PayMaker Mike A663 : he gave regular retail joes a bargain price to get in!!! he screwed the billionaire wall street guys… he’s a man of the people for the people
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