Pai 🌲
Pai 🌲|5月 22, 2026 15:34
The US stock market closed well this week. The S&P 7495 and the Nasdaq 26474 are both hovering around new highs. But to be honest, the biggest feeling I had this week was not 'strong', but 'divided'. AAPL surged to 310.8, one cent short of a historic high. The technology sector has been leading the charge throughout the week. At the same time, NVDA fell less than a point, and Da Bing remained motionless at 76800, feeling chilly on the encryption side. In the same market, some people are always high, while others are bleeding. This is not called risk on, it's called money picking and buying. VIX dropped to 16.6. It's so low that I feel uneasy. I have seen too many sudden sharp turns after low fluctuations and high levels. It's not that they're going to collapse, it's that they're too comfortable and prone to falling. Next week is a short week, and the market is closed on Mondays. Low volume+high volume, I don't pursue. If technology takes a break, I will focus on finance and healthcare - XLF and XLV have hardly moved this week, and if the money comes from technology, they may take over the next baton. Happy weekend.
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