boonboonie
04-11

The Nasdaq Composite Index is experiencing significant volatility, primarily due to escalating trade tensions and macroeconomic uncertainties. Here’s a comprehensive analysis: 

Current Market Dynamics

• Bear Market Territory: The Nasdaq Composite has declined over 15% year-to-date, entering bear market territory.• Technical Indicators: The$Invesco QQQ(QQQ)$ Bearish  tracking the Nasdaq 100, has key support at $448. A breach could lead to a decline toward $402. Resistance levels are at $503 and $540, with a potential long-term target of $710 if a recovery rebound occurs.

 Key Catalysts Ahead

• Trade Policy Developments: Ongoing trade tensions, especially between the U.S. and China, are critical. Any policy shifts could significantly impact market sentiment.

 • Earnings Reports: Upcoming earnings, particularly from tech giants, will provide insights into corporate health amid current economic challenges.

Investment Outlook

Short-Term (1–3 Months)

• Volatility Expected: Given the current geopolitical and economic landscape, markets are likely to remain volatile.

• Defensive Positioning: You may consider defensive sectors or hedging strategies to navigate short-term uncertainties. 

Risk Takers can join me to buy$ProShares UltraPro Short QQQ(SQQQ)$ till the market recover and start buying the dips.

Long Term (More than 3months)

Focus on quality stocks with good fundamentals that can weather through the storm or diversify on stock that are less reliant on import/exports such as defense stock and healthcare stocks.


HKD Strengthens: Can China Stocks' Rally Continue?
On May 7, the Governor of the People's Bank of China, Pan Gongsheng, announced a 0.5 percentage point RRR cut, injecting approximately 1 trillion yuan of long-term liquidity into the market. A package of policies to support financing for SMEs will be launched soon. Chinese assets surged in response to these favorable policies. Some believe that Chinese concept stocks are still at low levels, as major tech stocks remain undervalued. Are you bullish on China stocks continued rally? Are they still undervalued or not? How will stronger HKD affect HK stock market?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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