On July 22, several stock friends asked if they could leverage to get on board, like "dancing on the edge of a knife," where the potential risks far outweigh the gains.
Hello everyone, I am Old Naughty Boy, a practitioner who has achieved tenfold growth in five years. In the next five years, let's grow and work hard together.
I've had many conversations with a few stock friends these days, and I can sense their optimism. Many have asked about leveraging to invest, citing recent decent returns and the belief that the fundamentals are solid.
I strongly advise against this behavior. You can be right a hundred times in investing, but one major mistake can wipe out all your gains and even lead to catastrophic losses.
This also reflects the potential for underlying market shifts. Often, when retail investors are overly confident, the market harbors significant risks.
The Nasdaq hits 21,000 for the first time! The S&P 500 reaches a new high, with Google leading tech stocks. The three major U.S. stock indices show divergent trends.
$NASDAQ Composite Index(.IXIC.US) rose 0.38% to 20,974, briefly surpassing the 21,000 mark for the first time. The formation of a high doji with limited upward movement and high volume suggests profit-taking, indicating limited short-term entry opportunities.
$S&P 500(.SPX.US) gained 0.14% to 6,305, setting a new closing record. After hovering below 6,300 for over half a month, the breakout on low volume suggests weak momentum, likely leading to a pullback.
$Dow Jones Industrial Average(.DJI.US) edged down 0.04% to 44,323, reflecting lackluster interest in traditional sectors and a generally bearish sentiment.
$Alphabet - C(GOOG.US) surged 2.8%, driven by expectations of ad revenue recovery and AI cloud growth. A short-term rally to 200 seems likely, though we missed the chance to add at 165.
$NVIDIA(NVDA.US) fell 0.60%, with signs of exhaustion.
$Microsoft(MSFT.US) The 10-day moving average serves as a key support level. A break below it would signal the end of the current uptrend, leading to consolidation. Until then, it remains a market barometer.
$Tesla(TSLA.US) Talk of 400 is resurfacing, but the most likely scenario is continued triangle consolidation. Consider reducing positions now and re-entering near 300.
$JPMorgan Chase(JPM.US) is clearly in a high-range consolidation. Buying near 270 seems reasonable.
Gold is strengthening again at 3,400, signaling underlying market volatility risks. Heavy stock positions warrant caution.
$Direxion 20+Yr Trsry Bull 3X(TMF.US) Traders now see zero chance of a July rate cut, with September odds at 61%. Fed Governor Waller insists on a cut this month, but long-term rates pose volatility risks. Reducing stocks for bonds is a prudent move for hedging and allocation.
$Hang Seng Index(00HSI.HK)
$Hang Seng TECH Index(STECH.HK)
$CSOP UST20(03433.HK)
$iShares barclays 20+ Yr Treasury Bd(TLT.US)
$FI2 CSOP HSI(07500.HK)
$Proshares UltraPro Short QQQ ETF(SQQQ.US)
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