U.S. stock investors are probably among the most rational. Although the sentiment in the A-share market was quite good today with a general rise, after the market opened in the evening, U.S. investors immediately started selling. Almost all ETFs tracking the A-share index are in decline, and a 10% drop is normal, which basically reflects the decline in the FTSE China A50 Index futures that I mentioned in my post this afternoon.
Let's see if there's a possibility of recovery later tonight. These U.S. investors are likely to have run away after making profits, and it may take a sustained rally in the A-share market to trigger FOMO among Americans.
Currently, this round of "small shareholders" winning in listed companies, selling while rising, is the right approach. At least from what we can see now, it is correct in both the U.S. and Hong Kong stock markets. Let's see how the A-share market reacts tomorrow.
This post is sponsored by @ApeXProtocolCN | Dex With ApeX
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