In the May, I will hold. But will base on the reactions to the policies rolled by the new fed chair and reactions from Mr market.
Afterall, nothing is certain, the market needs to down so that we can replenish our positions [Happy]
QQQ Drops 1.9%: Will Capex Anxiety or Surging Oil Prices Blink First?
QQQ fell 1.90% as tech earnings capex concerns collided with spiking oil prices and geopolitical risk from Houthi disruptions, pressuring the Nasdaq. Initial jobless claims hit their lowest since 1969, but the strong labor print reinforced expectations that the Fed will not rush to cut rates in September. Broad-based Mag-7 profit-taking served as the primary drag. With both "AI spending overhang" and "higher-for-longer rates" narratives weighing simultaneously, is this pullback a healthy rotation or the start of a trend shift?
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