Will the new high be at $10? Give it some time and maybe it will reach it

Last Friday, the three major U.S. stock indexes closed down collectively, with most large technology stocks falling, Tesla falling more than 4%, and Intel falling more than 5%. There is really not much to say about the U.S. stock market. There is no bad news in the news, and the expectation of interest rate cuts is also full. The decline may be because the previous rise was too much, and the bulls began to take profits. This morning I saw the news that Biden withdrew from the campaign and supported the nomination of Harris. I believe everyone is not surprised by this, because I have already talked about it in the circle on Friday. It may also be expected that the news has not reacted much to the news. Buffett reduced his holdings of Bank of America by $1.476 billion again after four years.

$Aurora Cannabis Inc(ACB)$ 📈📈 . Everyone go buy will  keep continue go up  ... target at 10 .

Yesterday, the United States released several more data. The monthly rate of commercial inventory in the United States in May was 0.5%, expected to be 0.4%, and the previous value was 0.30%. This data is the largest increase since August 2022; the US NAHB housing market index in July was 42, expected to be 43, and the previous value was 43. This data is the lowest since December 2023. Both data are bullish for the precious metals market. The probability of a rate cut in September is now close to 100%. With good data and Powell's dovish tone, a rate cut seems to be a done deal. Affected by the optimism of the Fed's rate cut, the market's preferences have changed significantly recently. The Russell 2000 index, represented by small-cap stocks, has risen 12% in the past five trading days, a pe

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[Morning must-read] There are a lot of news this weekend, and there are many major macro events this week. Let's take a look at what may affect the market. Last Friday, the three major U.S. stock indexes all rose by more than 1%. Trump announced at the Bitcoin 2024 Conference that if he could return to the White House, he would list Bitcoin as a U.S. strategic reserve asset. During his speech, the price of Bitcoin staged a V-shaped reversal and once stood above the $69,000 mark. The U.S. PCE price index for June was released, which was basically in line with expectations. The expectation of a rate cut in September remained unchanged. Let's talk about the important macro events this week. On August 1, the Federal Reserve will announce its interest rate decision. According to CME's "Fed Watc

Last night, European and American stock markets plummeted. U.S. stocks opened low and fell. The Nasdaq fell 3.64%, the S&P fell more than 2%, and the Dow fell 1.25%. There are two main reasons. The first reason is that it is the earnings season for U.S. stocks, and the performance of large technology stocks has not met expectations. For example, Tesla released its second-quarter earnings report after the market yesterday; the company's second-quarter revenue was higher than expected, but its profit was lower than expected, and it did not disclose details about autonomous driving. Last night, Tesla fell more than 12%, the largest single-day drop since September 2020; Alphabet's earnings report showed that capital expenditures were too high. The company's stock price fell by more than 5%

Last night, the three major U.S. stock indexes rose and fell. The Nasdaq and S&P continued to hit record highs, and the Dow fell 0.13%. Tesla rose by more than 3%, rising for ten consecutive trading days, the longest consecutive rise in a year, and Nvidia rose by more than 2%. U.S. stocks airports and aviation services, tourism, and regional banks rose the most. Yesterday, Powell delivered a semi-annual monetary policy testimony in the U.S. Senate. This time his argument was slightly hawkish. He said: Premature and excessive easing of policies may harm the progress of inflation. After Powell's testimony was released, the U.S. dollar index rose in the short term, and the three major indexes fell collectively for a time, and then rebounded in shock. This may be related to the U.S. June C

Last week, everyone paid attention to intc [Intel], which can be considered to be bought in the price range of 30-33 US dollars. At the current price of 33 US dollars, you can use 30% of the available funds to buy it first Operation style: medium-term band operation, or long-term buying, the target price within the year can reach 50-60 US dollars.