It's been a week since I last checked my account.

This month has indeed been a bit miserable, getting hammered relentlessly. Whether it's the old sectors that have been around for a long time or the new ones I've been continuously adding recently, they've all been pushed heavily to the bottom.

Last Friday night, the US market dropped a big one, $Invesco QQQ Trust(QQQ.US) fell 4.77%, its largest single-day drop since April 2025. The S&P 500 fell 2.64%, and the Dow Jones fell 1.35%. For those holding the Nasdaq ETF off-exchange, after tonight's NAV update, it's another wave of heavy blows.

I glanced at the US pre-market, and it seems to be stabilizing a bit, the chip sector has started to rebound, which is the only consolation for today.

The median gain for my A-shares today was -2.97%, with 899 stocks up and 4591 waiting to rise. The only sectors that rose throughout the day were energy, banking, insurance, etc., while non-ferrous metals, photovoltaics, storage, and other sectors led the decline.

The most painful one has to be $Bosera Hang Seng Health Care ETF(QDII)(513060.SH), which has been skidding without resistance since mid-May. Since mid-May, it has pulled back 18%; looking a bit longer, from the recent high in mid-April, it has pulled back 24%; looking even longer, from June 2021, it has been in a 5-year pullback, down 63%.

Actually, everyone doesn't need to be too discouraged, after all, the whole world is falling together. The most dazzling KOSPI this year had a significant pullback of 8.52% today. The much-pursued SK Hynix pulled back 20% in just four days; Samsung was the same, also 20%.

Gold continued to fall today, and this year's gains have been wiped out. Recently, in some posts, I've seen many people complaining that they've lost a lot on gold. I guess they probably rushed in when gold was very hot at the beginning of the year.

Two months ago, I went back to my hometown for a child's birthday party and heard someone say their relative bought gold at a high and lost a lot. Thinking about it carefully, stocks and funds might be far from many people who are not interested in finance; but gold is very close. The hot gold market might attract people who usually don't manage their finances at all.

And when these people are attracted, it's most likely the hottest time and the highest position; these people also find it hard to accept significant pullbacks, so naturally, there will be a lot of complaints.

My strategy for gold is mainly to DCA every half week, not greedy, slowly accumulating shares, and I won't sell in the short term.

Today is Monday again, and as usual, I updated the DCA plans for the Nasdaq and S&P 500. The Nasdaq still has a daily quota of 200, while the S&P 500 with the highest quota can only be DCA'd 10 yuan per day now:

A new stock was recently listed $LIULIUMEI(06658.HK), the quality is average, with only 11,400 lots available, low quantity, one lot amount 4358, expected gain is low, quite a chicken rib. The current subscription amount is 22 billion, subscription multiple is 600 times. Subscription closes this Wednesday morning, will see how to apply after checking the final subscription multiple tomorrow night.

Content Creator: Dolphin Research