The market is using the US-Iran ceasefire news to play a game of greater fool theory, especially in chip concept stocks. I will wait and see for now, and only add to my position after the US and Iran sign a ceasefire agreement. The US April PCE price index grew 3.8% year-on-year, which is in line with expectations. Pay attention to changes in crude oil inventory data, as it could cause sharp market fluctuations. Crude oil prices have already shown signs of rebounding, which will affect the overall market trend.$Micron Tech(MU.US)$NVIDIA(NVDA.US)$Tesla(TSLA.US)
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