Seize the wave! Your ultimate guide for trading US stocks in Canada
After last week's speeches by Fed Chairman Powell and European Central Bank President Christine Lagarde, the USD witnessed its most robust five-day rally since October 2022, registering a consistent surge for the fifth day, amassing approximately a 2% gain, analysts expect a bull market ahead.![]()
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According to historical statistics, the U.S. stock market has outperformed Canadian and international stocks in every period stretching back 30 years. The vast, lucrative US stock market, accounting for 60% of the world's market cap, awaits Canadian investors eager to expand their horizons. ![]()
According to data compiled by Bloomberg, U.S. stock "Mag 7" profits are expected to increase by 389% in the first quarter of 2024.
At the meantime, Bitcoin’s fourth halving is approaching (expected to occur on April 20, 2024). Historically, halvings have often been a catalyst for Bitcoin price increases. The past three halvings have triggered Bitcoin to surge to unprecedented highs within 6 to 12 months after the event. Read more>>
*Is now a good time to invest in Bitcoin? Join the discussion: 2 days from Bitcoin's 4th halving: A new rally or already priced in?
Affected by the situation in the Middle East, Bitcoin suffered a heavy setback, its biggest drop since March last year, and the safe-haven properties of “digital gold” were questioned. Legendary investor Warren Buffett has often underscored wisdom in his statement, "I think that the best investment you can make is an S&P 500 index fund." By investing in the S&P 500, investors can significantly mitigate a range of market risks, making this passive investment strategy highly suitable for the average individual. It not only alleviates the need for extensive research into individual stocks but also ensures sustained profitability for investors.
ETFs such as $SPDR S&P 500 ETF(SPY.US$ and $VANGUARD INVESTMENTS CANADA INC S&P 500 INDEX ETF(VFV.CA$ are excellent choices. SPY is not only one of the largest exchange-traded funds in the world but also a widely used investment tool for US large-cap stocks among investors. VFV aims to replicate the performance of the S&P 500, providing you with a stake in 500 of the largest U.S. companies.
👀 How to use diversified investment methods for effective risk hedging? Here is the recommendation:
Diversifying Investments in Times of Turmoil: A Comprehensive Guide
Diversifying Investments in Times of Turmoil: A Comprehensive Guide
Among Bitcoin ETFs, mining companies, trading platforms, etc., which investment opportunities are you optimistic about? By staying up-to-date with investment themes, you'll gain a deeper understanding of the current market trends, industry developments, and policy shifts that shape the investment landscape, in order to identify potential growth areas and capitalize on lucrative opportunities. Check Investment Themes>>
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Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
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FinanceGuru : Love to hear a well informed voice of reason here!
AgueroMbappe :
S&P
sdfrgfhjj : If you're lazy like me, S&P 500 index funds in Canadian dollars. Easy diversification, no exchange fees, no brain power required
Shobha : FAANG
73855414 : $Celsius Holdings (CELH.US)$ and$Vertiv Holdings (VRT.US)$ big gains to be made.