US tech strength is invincible

B站影视 2025-01-28 17:59 1

摘要:The already beleaguered domestic stock markets were closed on Tuesday for an eight-day holiday of the Lunar New Year and will resu

The already beleaguered domestic stock markets were closed on Tuesday for an eight-day holiday of the Lunar New Year and will resume trading on February 5. Fortunately, it’s a good thing for the overwhelming majority of callow gullible neophytes who finally won’t suffer bruising losses. Unfortunately, this month’s market performance of the already embattled domestic stock markets ended with a downswing epilogue. As expected, all three major stock indexes were in the red in the first month of this year, with the benchmark Shanghai Composite Index plunging 3.02%, the Shenzhen Component Index tumbling 2.48% and the tech-focused ChiNext Index pummeling 3.63%. It’s no surprise that a small percentage of the impetuous retail investors lambasted the growing strength of shorting over the past few trading sessions. Therefore, it’s not hard to understand that a myriad of diehard market bulls have been more fixating upon the momentum-driven stratagem when the trading volume continued to contract. It is unassailable that a batch of paranoid market anticipants remained wary of the long-term market trajectory. Notoriously, it’s very palpable that the hot money fled in panic in the late trading in the last trading session of this month. In addition, the US mega-cap tech stocks might have reacted aggressively on Monday to DeepSeep from a Chinese artificial intelligence company. After all, the debacle of the US tech stocks overnight might have become the No 1 trending topic on the social media today. However, a flock of savvy levelheaded perspicacious pusillanimous risk control pundits fervently believe that Nvidia’s stock price will still continue to notch its all-time high as soon as February or as late as March. Most importantly, it should be noted that the US tech strength is invincible, at least in the next few hundred years.

来源:璟雯教育分享

相关推荐