Today's content is almost finished, just missing the daily homework. Every day around this time I check the ADR prices. If they continue to fall, I often wait until just before sleep to close my position, and if there's a rebound trend, I might close it directly.
Today is such a situation, especially with a few hours left until the release of SK Hynix's financial report. I estimate that the data from the report will be good, and SK Hynix has been falling recently, so there might be many investors looking to buy the dip.
However, from my understanding of the data, the leverage in the South Korean stock market is still very high, and the process of deleveraging is ongoing, so I am very worried that tomorrow's rebound might be short-lived. Of course, I don't know; I am just making an assumption.
Moreover, the recent performance of the US stock market is not very good, and ChangXin is draining resources from both SK Hynix and Micron. The leverage in the US stock market is also quite high, so I most likely will not participate tomorrow unless SK Hynix's financial report is bad, leading to a significant drop in SK.
@Gate Crypto, US stocks, Hong Kong stocks, South Korean stocks, gold, CFD, one-stop trading for prediction markets
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