Luck is based on preparation.
2024.05.17:
On Thursday, due to the fourth consecutive month of increase in US import prices in April and the decrease in the number of initial jobless claims last week. The US dollar index rebounded and once rose to an intraday high of 104.62, and then gave up some of its gains, and finally closed up 0.19% at 104.5. The 10-year US Treasury yield rebounded slightly and finally closed at 4.381%. The 2-year US Treasury yield, which is most sensitive to the Fed's policy rate, finally closed at 4.806%.
Perhaps because some investors began to take profits, spot gold fell sharply and once fell to an intraday low of $2,370.86, a drop of more than $20 from the intraday high, and finally closed down 0.41% at $2,375.93/ounce; spot silver closed down 0.29% at $29.57/ounce.
Crude oil fell first and then rose. WTI crude oil once fell to an intraday low of $77.73, but recovered all its losses during the U.S. trading session and returned to above $79, eventually closing up 0.59% at $78.85 per barrel; Brent crude oil closed up 0.56% at $83.13 per barrel.
The Dow Jones Industrial Average closed down 0.1%, breaking through the 40,000 mark during the session, the S&P 500 fell 0.2%, and the Nasdaq fell 0.26%. Novavax (NVAX.O) rose 11%, Faraday Future (FFIE.O) rose 134%, and accumulated a 3450% increase this week. The Nasdaq China Golden Dragon Index rose 2.5%, and Alibaba (BABA.N) rose more than 7%, after being bullish by Citron to above $100.
The main European stock indices fell back, with the German DAX index closing down 0.69%, the British FTSE 100 index closing down 0.08%, and the European Stoxx 50 index closing down 0.56%.
Account status: Total capital 485,000 (including dividends), principal 150,000, yield 200+%. Total equity of contract account 430,000, total position 475,000, 40+ varieties, 170+ pending orders.
Risk warning: Leverage is not a devil, but a tool to improve capital utilization. Leverage itself has no risk, the real risk comes from human nature.
