---
title: "$NVIDIA(NVDA.US)$Direxion Small Cap Bull 3X(TNA.US)Last night, I made a portfolio adjustment, reduci"
description: "$NVIDIA(NVDA.US)$Direxion Small Cap Bull 3X(TNA.US)Last night, I made a portfolio adjustment, reducing half of my positions in Nvidia and Amazon. I opened positions in XBI and TNA. The logic is that t"
type: "topic"
locale: "en"
url: "https://longbridge.com/en/topics/22513920.md"
published_at: "2024-07-17T05:36:08.000Z"
author: "[赏金猎人](https://longbridge.com/en/profiles/11654684)"
---

# $NVIDIA(NVDA.US)$Direxion Small Cap Bull 3X(TNA.US)Last night, I made a portfolio adjustment, reduci

$NVIDIA(NVDA.US)$Direxion Small Cap Bull 3X(TNA.US)

Last night, I made a portfolio adjustment, reducing half of my positions in Nvidia and Amazon. I opened positions in XBI and TNA. The logic is that the expected US CPI was 3.1%, while the actual figure was 3%, which was better than expected, and the risk of recession has increased. Additionally, with Trump's chances of winning significantly rising, the probability of a rate cut in September has greatly increased. A rate cut would benefit XBI because biotech companies require substantial financing for R&D, and lower rates would reduce their financing costs. A rate cut would also benefit TNA. Small-cap stocks have higher risk appetites, and a rate cut equals increased liquidity and more risk capital. Previously, funds crowded into the "Magnificent Seven" for safety. With rate cut expectations, we can anticipate a style shift in the US stock market, with funds moving from large-cap stocks like Nvidia and Amazon to small-cap stocks. Small-cap valuations are generally at low levels, while large-cap valuations are not cheap. Under rate cut expectations, small-cap stocks have higher growth potential.

### Related Stocks

- [SMH.US - VanEck Semiconductor ETF](https://longbridge.com/en/quote/SMH.US.md)
- [NVDL.US - GraniteShares 2x Long NVDA Daily ETF](https://longbridge.com/en/quote/NVDL.US.md)
- [NVDA.US - NVIDIA](https://longbridge.com/en/quote/NVDA.US.md)
- [SOXL.US - Direxion Semicon Bull 3X](https://longbridge.com/en/quote/SOXL.US.md)
- [TNA.US - Direxion Small Cap Bull 3X](https://longbridge.com/en/quote/TNA.US.md)
- [.SPX.US - S&P 500](https://longbridge.com/en/quote/.SPX.US.md)
- [.DJI.US - Dow Jones Industrial Average](https://longbridge.com/en/quote/.DJI.US.md)
- [.IXIC.US - NASDAQ Composite Index](https://longbridge.com/en/quote/.IXIC.US.md)
- [AMZN.US - Amazon](https://longbridge.com/en/quote/AMZN.US.md)
- [XBI.US - SPDR S&P Biotech](https://longbridge.com/en/quote/XBI.US.md)

---

> **Disclaimer**: This article is for reference only and does not constitute any investment advice.