Market shows up and down. How can I keep stable mind in crypto and tech area?
What a crazy day in the markets today. Did you see all the red? Dow dropped 0.59%, S&P down 0.19%, and Nasdaq dipped a little too.
Honestly, the macro side is looking pretty messy right now. Oil is shooting back up past $82.40, the dollar index is sitting strong around 100.79, and gold is taking a hit.
On top of that, the 10-year treasury yield just spiked to 4.5% and the 2-year is at 4.2%. VIX is creeping up to 18.5 which shows people are getting spooked.
I think a lot of this is because of the geopolitical stuff going on. The US bombing Iran to retaliate for the two dead soldiers, plus the Houthis saying they'll block the Saudi strait... it's just bad news all around.
Fed Watch is even showing a 63% chance of a rate hike in September now.
By the way, I noticed a new active ETF launched (the TIGER US NYSE100 Active ETF). It's supposed to track high revenue growth tech companies even if they are smaller cap, heavier on tech than standard Nasdaq.
Sounds cool, but personally? I hate active ETF fees. In a bear market, those fees just eat you alive. I really think we need to backtest the NYSE100 index first. If you are building a retirement portfolio, keep active ETFs under 3% max to kill that volatility.
Stay safe out there and protect your bags.
Leave Market shows up and down. How can I keep stable mind in crypto and tech area? to:
Read more #hivekr posts
Best Posts From bomspring
We have not curated any of bomspring's posts yet. But you can encourage our curation team to review posts by visiting them regularly and by referring other readers. Because we give priority to frequently read content.
More Posts From bomspring
- I think AI Economy operates normally. I fount Mental Piece After changing My View about Tech and Crypto. I did not admit the way to be rich. But I comes to realized the only way to be rich is Snowball Effect.
- AI버블이 꺼지더라도 내 연금을 안전하게 지키는 미국 주식 자산배분과 리밸런싱 실전 노하우
- Initial Stage of AI infra investment has passed. The Next Earning will come from AI services. I think it is time to spread seeds for next AI Service Company.
- I think setting Fundamental Core ETFs and Satellite ETFs method makes Stable Earning Portfolio.
- 은퇴 자산 방어와 하락장 극복을 위한 시장 점검 및 포트폴리오 전략
- How Wall Street whales crush retail and how to protect your portfolio
- 동영상 숏츠를 찍었지만 업로딩 에러나서 연남동 공원사진 몇장 공유합니다.
- I think AI big tech company such as Microsoft Google Amazon will be the winner in Next 10 years. So, I pick up one more big tech ETF.
- I think Big Tech such as Microsoft and Amazon and Google have established the stable method making Free Cash Flow.
- Why I stopped worrying about the Big Tech "AI Bubble" and just buy ETFs