We have witnessed history again, with the approval of the Big Pie ETF before and the approval of the Auntie ETF now.
I have always said that both ETFs will be approved on the last day of one of the ETF review days, and I have lived up to everyone's trust in me! I believe that sincerity will be exchanged for sincerity, and my sincerity and reality will be exchanged for sincere fans. I am also grateful for everyone's daily support!
Before and after the approval of the Auntie ETF this time, it confirmed a feeling I have always had. I share my observations on "news and market conditions" with everyone. Important news will affect the market, but news can be divided into several types. How do these types affect the market? Let me talk about my own feelings.
1. Breaking news (for example, the SEC suddenly changed its attitude by 180 degrees on Monday and urged all ETFs to submit 19b-4 as soon as possible). If this kind of breaking news is good, it can immediately drive the market to rise. Basically, there will be an exaggerated increase in a short period of time, and the opposite is true for bad news.
2. There are expected good or bad news. This kind of news will generally be reflected in the price when the expectation appears (like when the ETF code of Dabing appeared on DTCC, the expectation appeared. Like this time, the SEC urged to submit 19b-4 on Monday, which was also an expectation). When the news is released, the price will go in the opposite direction. It is commonly known that good news is empty (this is the case of most ordinary news). There is a special case, which is similar to the two ETFs passed. This kind of news will bring real funds to buy in the future. So when the ETF is passed, new expectations are generated, that is, the expectation of huge funds flowing in. So you will find that after the two ETFs are passed, they are just oscillating or up and down, and there will be no situation where good news is empty.
3. There are expected uncertain good or bad news, such as the announcement of CPI. At the moment of the news release, the direction will be chosen according to the good or bad.
That's about it. Of course, there are many details that I can't explain one by one. After all, it's not a lecture, but it's about that.
