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The S&P 500 Information Technology Sector Index reached a high point not seen in over 11 weeks.
Gelonghui, May 14 | The S&P 500 information technology Sector Index latest increased by 1.2%, reaching a high point not seen in over 11 weeks.
Express News | The S&P 500 Information Technology Index rose by 5%.
Express News | The S&P 500 Information Technology Sector dropped 4.6%, indicating the largest single-day decline since September 2022.
The rise in technology stocks last week, fueled by risk appetite, was not missed by hedge funds and their buying rate reached its highest rate in more than a year. Goldman Sachs's brokerage business data shows that net purchases of technology stocks last
The rise in technology stocks last week, fueled by risk appetite, was not missed by hedge funds and their buying rate reached its highest rate in more than a year. Goldman Sachs's brokerage business data shows that net purchases of technology stocks last week reached their highest level since December 2022 due to an increase in long positions and short compensation. Hedge funds were net buyers in the sector for the fourth week in a row, while the S&P 500 information technology index fell for most of April due to concerns about high interest rates. Hedge fund purchases seem prescient because the results of Google's parent company Alphabet and Microsoft last week boosted investors' joy about the fundamentals of the tech industry
Express News | The S&P 500 information technology index fell 3.9%, while AMD (AMD.O), Western Digital (WDC.O), and NVDA.O (NVDA.O) had the highest declines, all falling more than 7%.
The cheaper you are, the more you sell! A share encountered rare embarrassment, the relationship between valuation and stock price, how to solve?
Original title: the cheaper you are, the more you sell! A shares encounter rare embarrassment, are you also operating in this way? How to solve the relationship between valuation and stock price? Is there a necessary relationship between valuation and stock price? Recently, high-valued stocks are obviously more popular with investors than low-valued stocks. Selling undervalued stocks to pick up overvalued stocks seems to be the current mainstream operation, but historically, low-valued stocks have a higher success rate. The high price-to-earnings ratio index has outperformed the low price-to-earnings ratio index for the past three years in a row. Recently, Chen Jiahe, chief investment officer of Jiuyuan Qingquan Technology, expressed his view on a platform, "everyone is still working hard."