Last night I promptly reminded my subscribed users about their positions. The risk of government bond yields hasn’t been resolved yet—I’m using a protective strategy, leaning toward defense.
I’m now putting the detailed trading operations behind the subscription; for now I’ve only set a minimum threshold.
The reason for the recent drop:
1. Federal Reserve Governor Bahl: further rate hikes may be needed to ensure inflation promptly returns to the 2% target.
2. Oil prices rebounding.
3. The China-U.S. meeting has taken place.
This drop is expected not to go very deep, but since oil and government bond risks haven’t been cleared, it will be difficult for the market to keep pushing higher. This feels a bit like storage and hardware: within the index, many stocks are actually falling, but a handful of large-cap stocks are propping up the index’s rise. That suggests there isn’t enough additional capital to sustain the rally—there may be a pullback. I just didn’t expect it to happen so quickly; my positioning hasn’t even been opened fully yet...
The market is still a bit sensitive.
I’m now putting the detailed trading operations behind the subscription; for now I’ve only set a minimum threshold.
The reason for the recent drop:
1. Federal Reserve Governor Bahl: further rate hikes may be needed to ensure inflation promptly returns to the 2% target.
2. Oil prices rebounding.
3. The China-U.S. meeting has taken place.
This drop is expected not to go very deep, but since oil and government bond risks haven’t been cleared, it will be difficult for the market to keep pushing higher. This feels a bit like storage and hardware: within the index, many stocks are actually falling, but a handful of large-cap stocks are propping up the index’s rise. That suggests there isn’t enough additional capital to sustain the rally—there may be a pullback. I just didn’t expect it to happen so quickly; my positioning hasn’t even been opened fully yet...
The market is still a bit sensitive.
