$E-mini NASDAQ 100 Futures (MAR6) (NQmain.US)$ The two large bullish rebounds last Friday and this Monday were very powerful. Last Friday, I also analyzed the logic behind the decline, and after Huang reassured the market,
$Bitcoin (BTC.CC)$ $XAU/USD (XAUUSD.CFD)$ After the short-term systemic risk disappeared,Oversold or wrongfully sold stocks experienced a broad rebound.For example,
$Oracle (ORCL.US)$ it surged over 15%. Regardless of whether your ROI has returned or how much you've invested, as long as you put in more money, you will definitely benefit.
$Taiwan Semiconductor (TSM.US)$ rose for five consecutive days, including strong performers like Alibaba Group.
$NVIDIA (NVDA.US)$ Even though the index pulled back these past 2-3 days, it still performed strongly against the market decline.
So what exactly caused the drop in the past few days? Let’s go back to Wednesday night.The non-farm payroll data showed an impressive figure of 170,000, at first the market surged as I predicted, but after the opening, it started to plunge. Although there was a small rebound afterwards, yesterday's plunge was even more severe. What could be the reason? From my observation, there are several factors., 1) The market doesn't trust such strong non-farm payroll data and believes it will be revised downwards. Moreover, today there is also a pre-market CPI release. The expected value has dropped from 3.1% in December to 2.5% now within just two months...