The market always unfolds in the midst of hesitation and ends in madness.
Since July, in the midst of a bearish voice in the market, US stocks, especially NASDAQ, have rebounded strongly. Since the low on June 17, the rebound is close to 18%.
On June 16, after the Federal Reserve's FOMC meeting, the adviser began to analyze from the perspective of expectations. The phased decline in US stocks has almost come to an end. He is optimistic about recovering from the market's overrun decline and optimistic about the recovery and rebound of growth stocks. Recently, technology leaders have gradually reached record highs. What does this indicate?
The US stock market continued to pick up in July. In particular, after the FOMC resolution was announced in July, US stocks rebounded sharply, which ultimately helped NASDAQ to close its monthly rise in July. NASDAQ rose 12.35% in July, ending three consecutive months of decline.
Recently, the stock prices of leading technology companies have also continued to hit new highs:
ENPH, the leading global solar microinverters mentioned earlier, had explosive growth in its European business. Under strong demand for solar installations, revenue growth accelerated. Revenue surpassed 500 million US dollars in the current quarter, accelerating growth. The household storage business that the company vigorously promoted in Europe last year also exploded this year. Recently, the company's stock price also hit a record high in a flash after performance.
The stock price of American industrial MRO leader Guanjie also recently reached a record high. Guanjie is the world's leading distributor of equipment maintenance, repair and operation (MRO) industrial products. Committed to providing our customers with professional MRO procurement...