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This week, the US stock market ended its recent continuous downward trend, boosted by major financial reports. Both the S&P 500 and Nasdaq closed higher, rising 0.87% and 1.11%, respectively, while the Dow Jones Industrial Average also recorded 0.67% growth. Goldman Sachs, in particular, performed well in the financial sector, with an increase of more than 3%. US stocks: The Dow rose 0.67%, the S&P 500 index rose 0.87%, and the NASDAQ rose 1.11%.
In the technology sector, although Tesla continued to fall due to price adjustments, with a cumulative decline of more than 14% over a week, the strong performance of Nvidia and Arm led to a rise in the entire chip sector. Nvidia rose more than 4%, and Arm surged nearly 7%. Furthermore, Apple's AI big model development plan and Musk's emphasis on autonomous taxis (RoboTaxi) have also become the focus of market attention.
In the US bond market, the two-year US Treasury yield once broke through 5.0% and reached a five-month high, then declined somewhat. The US dollar index declined slightly after experiencing fluctuations, while the exchange rate of the yen against the US dollar hit a new low since 1990. In the commodity market, risk perception in the Middle East has decreased. Gold and silver prices have dropped sharply, gold has fallen below the closing record high, and crude oil prices have also declined somewhat. Copper and aluminum prices have fluctuated, and aluminum prices have reached new highs in nearly two years.
The Chinese market also showed fluctuations. A-shares fluctuated and adjusted throughout the day, and oil and gas and cyclical stocks did not perform well. However, Hong Kong stocks closed higher, with Tencent rising by more than 5%. The overall performance of Chinese securities listed in the US is strong...
In the technology sector, although Tesla continued to fall due to price adjustments, with a cumulative decline of more than 14% over a week, the strong performance of Nvidia and Arm led to a rise in the entire chip sector. Nvidia rose more than 4%, and Arm surged nearly 7%. Furthermore, Apple's AI big model development plan and Musk's emphasis on autonomous taxis (RoboTaxi) have also become the focus of market attention.
In the US bond market, the two-year US Treasury yield once broke through 5.0% and reached a five-month high, then declined somewhat. The US dollar index declined slightly after experiencing fluctuations, while the exchange rate of the yen against the US dollar hit a new low since 1990. In the commodity market, risk perception in the Middle East has decreased. Gold and silver prices have dropped sharply, gold has fallen below the closing record high, and crude oil prices have also declined somewhat. Copper and aluminum prices have fluctuated, and aluminum prices have reached new highs in nearly two years.
The Chinese market also showed fluctuations. A-shares fluctuated and adjusted throughout the day, and oil and gas and cyclical stocks did not perform well. However, Hong Kong stocks closed higher, with Tencent rising by more than 5%. The overall performance of Chinese securities listed in the US is strong...
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USA & International : ETFs and stocks
$Vanguard U.S. Value Factor Etf(VFVA.US$ : S&P 500 etf
$Berkshire Hathaway-A(BRK.A.US$ cdr : Berkshire in CAD
$Costco(COST.US$ cdr : Costo in CAD
$Xinyuan Real Estate(XIN.US$ : Europe only ETF
Canadian : stocks only.
$Alimentation Couche-Tard Inc(ATD.CA$ : Couche-Tard
$Dollarama Inc(DOL.CA$ : Dollarama
$Stella-Jones Inc(SJ.CA$ : Stella-Jones
$Vanguard U.S. Value Factor Etf(VFVA.US$ : S&P 500 etf
$Berkshire Hathaway-A(BRK.A.US$ cdr : Berkshire in CAD
$Costco(COST.US$ cdr : Costo in CAD
$Xinyuan Real Estate(XIN.US$ : Europe only ETF
Canadian : stocks only.
$Alimentation Couche-Tard Inc(ATD.CA$ : Couche-Tard
$Dollarama Inc(DOL.CA$ : Dollarama
$Stella-Jones Inc(SJ.CA$ : Stella-Jones
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BHP released their production results for the nine months ending on the 31st of March, as well as their results for the first quarter of 2024.
Their strongest production was copper, which was increased by 7% with an output of 465.9kt. This was due to improvements in production in Copper South Australia (up 49%) and Escondida mines.
Coal was also up quarter on quarter, despite this, BHP decreased their production expectations an...
Their strongest production was copper, which was increased by 7% with an output of 465.9kt. This was due to improvements in production in Copper South Australia (up 49%) and Escondida mines.
Coal was also up quarter on quarter, despite this, BHP decreased their production expectations an...
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This topic reminded me of the insight by Ajay Srivastava. Here is the link of the post.
And I would like show you guys his core insights.
So yes, in my portfolio I have over 60% tech investments. But I am not worried about being too heavy on it. Cause tech is the trend, tech is the future. I am investing most of my money in the future. So just stay invested and wait and see
And I would like show you guys his core insights.
So yes, in my portfolio I have over 60% tech investments. But I am not worried about being too heavy on it. Cause tech is the trend, tech is the future. I am investing most of my money in the future. So just stay invested and wait and see
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The Earnings Season is very important in the U.S. Stock market. I wonder a wise trader would buy what and sell what.
As you can see from this chart, in the second quarter of 2023, TSM has seen a major growth. TSM, namely Taiwan Semiconductor Manufacturer, is the world's top chip producers. Those high-end technologies, including AI, and even military weapons of US rely on chips produced by TSM.
Many analysts have expected a decline in the third quarter, and still many are optimistic about its potential development. Under the context of US-China chip war, are you o...
Many analysts have expected a decline in the third quarter, and still many are optimistic about its potential development. Under the context of US-China chip war, are you o...
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Big tech companies, particularly $Apple(AAPL.US$, boosted the market despite the Federal Reserve's rate hike and the banking crisis. Financial stability concerns and cooling inflation data dampened market sentiment, leading to expectations of an interest rate cut. However, as the month progressed, stocks rebounded, driven by the AI trend. Market participants now anticipate the Fed to pause its rate hike in June due to higher inflation probability.
Monthly Bu...
Monthly Bu...
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