23Hยท

Tech War!

$AAPL (+0.97%) attacked $GOOG (+1.97%) .


FED maintained its interest rate fearing unemployment.


$NVDA (+1.36%) is up due to Trump's decision to ease export regulation. A ripple effect started throughout the industry, moving a lot of companies up. They say "A rising tide helps all boats" and this is certainly true in $NVDA (+1.36%) 's case. In fact, I'm afraid that Nvidia might become a hype company like $TSLA (+3.67%) and $PLTR (+8.49%) ...


Regardless, the market picked up significantly in the after hours.


Also, is China looking like it is losing the trade war? Increased stimulus and rate cuts in China mean that the CCP is making it easier for Chinese citizens to borrow.


Meanwhile, the Taiwanese dollar is still getting stronger. This may become a significant headache for the US and the FED.


The Euro lost some value compared to the USD today. Still, since Trump's presidency, the Euro is stronger than it has been in years. European leaders are looking to devalue the Euro to make exports more attractive. This forex activity needs a lot of time to play out, of course.


What about "Great" Britain? The GBP is going down the drain, and my main complaint about $SCHY is that it has too much exposure to the UK. In my humblest of opinions, $VYMI > $SCHY , but I am investing in both.


Lastly, I regret not having invested more in $RHM (+3.21%) ...


https://youtu.be/WfsxVq7zkuo

38Positions
8.15%
4
Join the conversation