Blackjack212

The first wave of the big “miracle day” rebound is bumping into resistance along the downtrend line. It looks like that first big rebound is already over; next, we’ll keep seeing choppy, sideways movement. As for when the second wave of upside comes—see how it goes while it’s happening.
Also, in China’s tech sector—especially domestic storage-related names—today there were a lot of stocks that started by sealing the limit-up, then opened up, and in the end closed with a small gain. This shows the rebound’s persistence still isn’t strong enough.
When it comes to domestic tech, forget the memory

The first wave of the big miracle day rebound is being blocked by the descending trendline. The first big rebound should be over; next, it will continue to chop sideways. When the second wave of upswing comes, let’s watch as it unfolds.
Also, in China’s tech sector—especially domestic storage-related stocks—today saw a lot of stocks hit the daily limit with strong openings, then they broke the limit and ended up up slightly. This shows the rebound’s sustainability isn’t enough.
When it comes to domestic tech, forget the memory of last year’s breakout rally. It’s no longer the market mainstream

The capital feast of Changxin CXMT—institutions’ unrealized gains are measured in hundreds of millions, and even Hefei’s state-owned assets are in the trillion range. I sold after the open; mainly because I saw that the current market cap of Samsung, SK hynix, and Micron is only 6–7 hundred billion RMB, and Changxin is already half of theirs, so I don’t think there’s much upside imagination space afterward. But I’m already very satisfied—up nearly 6x.
In the next few days, we can track the trading volume, and also the relationship between Changxin and other technology sectors—does it keep func

Micron's earnings report is explosive, with revenue, EPS, gross margin, and future guidance all significantly exceeding market expectations. This not only revives U.S. memory and related technology stocks. Samsung, SK Hynix, and a series of domestic memory companies will all benefit.
In July and August, the domestic interim report season will likely see memory and semiconductor equipment companies' earnings far exceeding expectations. Samsung and SK Hynix successfully executed T+0 trades.

Yesterday, I reduced my position at the storage peak because it was deviating from the moving average near an extreme. Sure enough, today’s sharp decline has already dropped 25%, including domestic storage reducing its position as well.
During the main upward wave, this reduction pattern is still effective, and I also used this method at the beginning of the year to hedge risks with gold and silver.
However, currently, the moving averages of major storage leaders both domestically and internationally are still diverging upward, so we cannot consider it a historical top. Let’s wait and see

The desert in Zhongwei is also my first time visiting, quite beautiful.
It would be even better if I could see the sunrise and the starry night sky.
The benefit of traveling frequently is that it helps shake off laziness; you always have to think about where to stay, what to eat, how to play, transportation routes, etc.
After being forced to move around, your whole thinking becomes more active.
Besides the remaining Three Mountains and Five Greats, I also want to visit the Qinghai-Tibet Plateau region and Inner Mongolia grasslands.
The student army will be setting out in August soon,

Last week, I climbed Mount Hua and the deserts of Zhongwei, Ningxia in succession. Of the Three Mountains and Five Peaks, I’ve already climbed 5; I still haven’t been to Yandang Mountain and the North and Central Peaks, and I’m planning to visit all of them this year. Right now, I feel Huangshan and Mount Hua are in the first tier among the Three Mountains and Five Peaks—they’re really beautiful. If you can only visit two, I recommend these two.

The past few years' decline in the U.S. stock market has a characteristic: most of the rebound has been V-shaped, rather than bottoming out for a long time with multiple tests or dips. This year’s March war, last April’s tariff battles, August 2024’s carry trade, etc. Essentially, these are localized negative shocks caused by news impacts when the fundamentals are sound. Once the news changes, the market quickly returns to the main growth trend.
Therefore, as long as the fundamentals of the U.S. stock market are sound, holding long-term is the top priority. Trying to do T+0 trading requires