<p><em>要获得优势，您今天需要了解这些信息。</em></p>
<h4><strong>回顾 1996 年股市</strong></h4>
<p>请点击这里查看 <strong>美光科技公司</strong> MU 的放大图表。</p>
<p>请注意以下几点：</p>
<ul>
<li>本文讨论的是大局，而不是个别股票。MU 股票的图表用于说明这一点。</li>
<li>图表显示，MU 股票昨天的价格走势伴随着较高的成交量。</li>
<li>昨天，我们告诉您 MU 股票被超买，超买的股票容易出现回调。</li>
<li>图表显示，MU 股票在报告出色的财报后下跌。财报和预测均优于市场共识和预期数字。</li>
<li>图表显示，MU 股票已跌破趋势线。</li>
<li>在美光发布财报后，动量投资者极为积极地买入 MU 股票，推动 MU 股票最高涨至 174.92 美元。</li>
<li>图表显示，截至目前，MU 股票已回落至 164.80 美元，距离财报发布后的盘后高点约下跌 10 美元。</li>
<li><strong>在我们的分析中，MU 图表上的价格走势表明，尽管报告了出色的财报，MU 股票下跌的原因是该股票提前反映了好消息。</strong></li>
<li><strong>在我们的分析中，谨慎的投资者应意识到，几乎所有表现优异的股票都提前反映了潜在的未来好消息。</strong></li>
<li>MU 图表为美联储主席鲍威尔昨天的声明提供了良好的背景，他警告称股票似乎 “相当高估”。</li>
<li>聪明的钱在鲍威尔主席的警告后卖出。您能猜到动量投资者在股票下跌时做了什么吗？您猜对了——动量投资者积极买入了下跌的股票。</li>
<li>在临时摘要中，我们的建议是：</li>
</ul>
<pre><code>&gt; 考虑削减一些战术头寸，锁定部分利润，并根据个人偏好和风险承受能力提高保护带。考虑持有战略头寸。</code></pre>
<ul>
<li>要理解鲍威尔主席的警告，谨慎的投资者需要记住 1996 年 12 月 5 日。那天，时任美联储主席的艾伦·格林斯潘发表了著名的 “非理性繁荣” 演讲。格林斯潘说：“但我们如何知道非理性繁荣是否过度推高了资产价值，从而使其面临意外和长期的收缩，就像过去十年在日本发生的那样？”</li>
<li>为了放在适当的背景下，日本日经 225 指数在 1989 年 12 月 29 日达到了 38915.87 的历史最高点。在格林斯潘的非理性繁荣演讲当天，日经 225 指数收于 20943.90，较其峰值下跌了 46.2%。日本股市继续下跌，日经 225 指数在 2009 年 3 月 10 日跌至 7054.98，较 1989 年的峰值下跌了 81.9%。巧合的是，就在前一天的 2009 年 3 月 9 日，当几乎所有华尔街的人都在说卖出股票时，我们发出了著名的 “备货买入” 信号。那时，这是一个非常大胆的呼吁。现在我们知道，2009 年 3 月 9 日是美国股市的确切底部，随后出现了一场史诗般的牛市。作为完全披露，我们在 <strong>iShares MSCI Japan ETF</strong> EWJ 中有一个盈利良好的头寸。</li>
<li>投资者需要记住，在格林斯潘的警告后，动量投资者继续积极买入股票，推高了互联网泡沫，最终在 2000 年股市崩盘。</li>
<li><strong>在我们的分析中，历史重演的概率相当高。</strong></li>
<li>昨天我们与您分享了量子计算的突破。今天早上，<strong>IONQ Inc</strong> IONQ、<strong>Rigetti Computing Inc</strong> RGTI、<strong>Quantum Computing Inc</strong> QUBT 和 <strong>D-Wave Quantum Inc</strong> QBTS 等量子计算股票的积极买入仍在继续。</li>
<li>我们之前与您分享了投资者对核能股票的极度热情。对 <strong>Oklo Inc</strong> OKLO、<strong>Nuscale Power Corp</strong> SMR、<strong>Nano Nuclear Energy Inc</strong> NNE 和 <strong>Cameco Corp</strong> CCJ 等核能股票的极度热情仍在继续。</li>
</ul>
<h4><strong>七大巨头资金流动</strong></h4>
<p>目前大多数投资组合都高度集中于七大巨头股票。因此，为了领先并获得优势，投资者需要深入挖掘七大巨头股票的表面之下。同样重要的是，要超越七大巨头股票每日新闻的噪音。获得优势、深入挖掘表面并超越每日新闻噪音的最佳方法是每天关注七大巨头股票的早期资金流动。当七大巨头股票出现显著新闻，超出噪音阈值并影响您的整个投资组合时，会在上面的主要部分进行报道。</p>
<p>在早盘交易中，<strong>苹果公司</strong> AAPL、<strong>亚马逊公司</strong> AMZN、<strong>Meta Platforms Inc</strong> META、<strong>微软公司</strong> MSFT、<strong>英伟达公司</strong> NVDA 和 <strong>特斯拉公司</strong> TSLA 的资金流动为正。</p>
<p>在早盘交易中，<strong>字母表公司 C 类</strong> GOOG 的资金流动为中性。</p>
<p>在早盘交易中，<strong>SPDR S&amp;P 500 ETF Trust</strong> SPY 和 <strong>Invesco QQQ Trust Series 1</strong> QQQ 的资金流动为正。</p>
<h4><strong>动量投资者与聪明钱在股票中的表现</strong></h4>
<p>投资者可以通过了解 SPY 和 QQQ 的资金流动获得优势。投资者通过了解聪明钱何时买入股票、黄金和石油，可以获得更大的优势。黄金最受欢迎的 ETF 是 <strong>SPDR Gold Trust</strong> (GLD)。白银最受欢迎的 ETF 是 <strong>iShares Silver Trust</strong>(SLV)。石油最受欢迎的 ETF 是 <strong>United States Oil ETF</strong> (USO)。</p>
<h4><strong>石油</strong></h4>
<p>API 原油库存减少 382.1 万桶，而之前减少 342.0 万桶。</p>
<p><strong>由于特朗普总统改变了对乌克兰的立场，油价正在上涨。</strong></p>
<h4><strong>比特币</strong></h4>
<p><strong>比特币</strong> BTC/USD 处于区间震荡中。</p>
<h4><strong>现在该做什么</strong></h4>
<p>考虑继续持有良好的、非常长期的现有头寸。根据个人风险偏好，考虑由现金或国债或短期战术交易以及短期对冲组成的保护带。这是一种保护自己并同时参与上涨的好方法。</p>
<p>您可以通过向对冲中添加现金来确定您的保护带。对于年长或保守的人来说，高保护带是合适的。对于年轻或激进的人来说，低保护带是合适的。如果您不进行对冲，总现金水平应高于上述所述，但显著低于现金加对冲的总和。</p>
<p>0% 的保护带将非常看涨，表示全额投资且现金为 0%。100% 的保护带将非常看跌，表示需要通过现金和对冲或激进的卖空进行强有力的保护。</p>
<p><strong>值得提醒的是，如果您没有持有足够的现金，就无法利用即将出现的新机会。</strong> 在调整对冲水平时，考虑调整股票头寸（非 ETF）的部分止损数量；考虑对剩余数量使用更宽的止损，并为高贝塔股票留出更多空间。高贝塔股票是指那些波动幅度大于市场的股票。</p>
<h4><strong>传统的 60/40 投资组合</strong></h4>
<p>基于概率的风险回报调整在通胀情况下目前不利于长期战略债券配置。</p>
<p>那些希望坚持传统 60% 股票和 40% 债券配置的人可以考虑专注于仅高质量的债券和五年期或更短的债券。愿意提升投资复杂性的人可以考虑在此时将债券 ETF 作为战术头寸，而非战略头寸。</p>
<p>**</p>
<p><strong>阿罗拉报告以其准确的预测而闻名。阿罗拉报告在其他人之前准确预测了大型人工智能反弹、2023 年的新牛市、2022 年的熊市、2020 年病毒低点后的新股市高点、2020 年的病毒下跌、道琼斯工业平均指数在交易时为 16,000 时的 30,000 反弹、2009 年大型牛市的开始以及 2008 年的金融危机。请点击此处注册免费永远的</strong> <strong>财富生成通讯</strong> <strong>。</strong></p>
<p>**</p>
<p><strong><em>Benzinga 免责声明：本文来自未付费的外部贡献者。它不代表 Benzinga 的报道，并且未经过内容或准确性编辑。</em></strong></p>

亚马逊

苹果

<p>美联储主席鲍威尔警告称，股票 “相对高估”，重申了他对市场崩盘前曾提到的 “非理性繁荣” 的担忧。尽管美光科技的财报强劲，但由于估值过高，其股价下跌。投资者被建议削减头寸并保持谨慎，回想起互联网泡沫时期的通货膨胀。与此同时，量子计算和核能股票的激进买入仍在继续，重点关注 “七大科技巨头” 股票。早期交易显示，苹果和亚马逊等主要科技公司的资金流入积极</p>

<p><em>To gain an edge, this is what you need to know today.</em></p>
<div class="lb-trans"><p><em>要获得优势，您今天需要了解这些信息。</em></p>
</div><h4><strong>Remember 1996 Stock Market</strong></h4>
<div class="lb-trans"><h4><strong>回顾 1996 年股市</strong></h4>
</div><p>Please click here for an enlarged chart of <strong>Micron Technology Inc</strong> MU.</p>
<div class="lb-trans"><p>请点击这里查看 <strong>美光科技公司</strong> MU 的放大图表。</p>
</div><p>Note the following:</p>
<div class="lb-trans"><p>请注意以下几点：</p>
</div><ul>
<li>This article is about the big picture, not an individual stock. The chart of MU stock is being used to illustrate the point.</li>
<li>The chart shows yesterday's price action in MU stock was on higher volume.</li>
<li>Yesterday, we shared with you MU stock was overbought and overbought stocks are susceptible to a pullback.</li>
<li>The chart shows MU stock is down after reporting excellent earnings. Earnings and projections were better than the consensus and whisper numbers.</li>
<li>The chart shows MU stock has broken below the trendline.</li>
<li>Immediately after the release of Micron earnings, the momo crowd bought MU stock extremely aggressively, running MU stock as high as $174.92.</li>
<li>The chart shows that as of this writing MU stock has pulled back to $164.80, about $10 off from its after hours peak immediately after the earnings release.</li>
<li><strong>In our analysis, the price action on the MU chart shows that the reason the stock fell even after reporting stellar earnings is that MU stock had pulled forward the good news.</strong></li>
<li><strong>In our analysis, prudent investors should be aware that almost all of the top performing stocks have pulled forward the potential future good news.</strong></li>
<li>The MU chart provides good context for Fed Chair Powell's statement yesterday in which he warned that stocks appear to be ‘fairly highly valued'.</li>
<li>Smart money sold after Fed Chair Powell's warning. Can you guess what the momo crowd did when stocks dipped? You guessed right – the momo crowd aggressively bought the dip.</li>
<li>In the Interim Capsule, our call was:</li>
</ul>
<div class="lb-trans"><ul>
<li>本文讨论的是大局，而不是个别股票。MU 股票的图表用于说明这一点。</li>
<li>图表显示，MU 股票昨天的价格走势伴随着较高的成交量。</li>
<li>昨天，我们告诉您 MU 股票被超买，超买的股票容易出现回调。</li>
<li>图表显示，MU 股票在报告出色的财报后下跌。财报和预测均优于市场共识和预期数字。</li>
<li>图表显示，MU 股票已跌破趋势线。</li>
<li>在美光发布财报后，动量投资者极为积极地买入 MU 股票，推动 MU 股票最高涨至 174.92 美元。</li>
<li>图表显示，截至目前，MU 股票已回落至 164.80 美元，距离财报发布后的盘后高点约下跌 10 美元。</li>
<li><strong>在我们的分析中，MU 图表上的价格走势表明，尽管报告了出色的财报，MU 股票下跌的原因是该股票提前反映了好消息。</strong></li>
<li><strong>在我们的分析中，谨慎的投资者应意识到，几乎所有表现优异的股票都提前反映了潜在的未来好消息。</strong></li>
<li>MU 图表为美联储主席鲍威尔昨天的声明提供了良好的背景，他警告称股票似乎 “相当高估”。</li>
<li>聪明的钱在鲍威尔主席的警告后卖出。您能猜到动量投资者在股票下跌时做了什么吗？您猜对了——动量投资者积极买入了下跌的股票。</li>
<li>在临时摘要中，我们的建议是：</li>
</ul>
</div><blockquote>
<p>Consider trimming some tactical positions, booking partial profits, and moving higher in the protection band based on personal preference and risk appetite. Consider holding strategic positions.</p>
</blockquote>
<div class="lb-trans"><pre><code>&gt; 考虑削减一些战术头寸，锁定部分利润，并根据个人偏好和风险承受能力提高保护带。考虑持有战略头寸。</code></pre>
</div><ul>
<li>To understand Fed Chair Powell's warning, prudent investors need to remember December 5, 1996. On that day, then Fed Chairman Alan Greenspan made his famous ‘irrational exuberance' speech. Greenspan said, &#34;But how do we know when irrational exuberance has unduly escalated asset values, which then become subject to unexpected and prolonged contractions as they have in Japan over the past decade?&#34;</li>
<li>To put it in the proper context, Nikkei 225 in Japan hit its all time high of 38,915.87 on December 29, 1989. Nikkei 225 closed at 20,943.90 on the day of Greenspan's irrational exuberance speech, a 46.2% drop from its peak. Stocks in Japan continued to fall with Nikkei 225 reaching 7054.98 on March 10, 2009, 81.9% off its 1989 peak. Coincidentally, only one day before, on March 9, 2009, when almost everyone on Wall Street was saying to sell stocks, We gave the famous ‘back up the truck' and buy stocks signal. At that time, it was a very bold call. Now we know that March 9, 2009 was the exact bottom in U.S. stocks, and an epic bull market followed. As full disclosure, there is a nicely profitable position in <strong>iShares MSCI Japan ETF</strong> EWJ for us.</li>
<li>Investors need to remember that after Greenspan's warning, the momo crowd continued to aggressively buy stocks, inflating the dot com bubble, and finally the stock market crashed in 2000.</li>
<li><strong>In our analysis, the probability is fairly high that history may repeat itself again.</strong></li>
<li>Yesterday we shared with you the breakthrough in quantum computing. This morning, aggressive buying in quantum computing stocks such as <strong>IONQ Inc</strong> IONQ, <strong>Rigetti Computing Inc</strong> RGTI, <strong>Quantum Computing Inc</strong> QUBT, and <strong>D-Wave Quantum Inc</strong> QBTS continues.</li>
<li>We previously shared with you the extreme exuberance among investors for nuclear stocks. The extreme exuberance in nuclear stocks such as <strong>Oklo Inc</strong> OKLO, <strong>Nuscale Power Corp</strong> SMR, <strong>Nano Nuclear Energy Inc</strong> NNE, and <strong>Cameco Corp</strong> CCJ continues.</li>
</ul>
<div class="lb-trans"><ul>
<li>要理解鲍威尔主席的警告，谨慎的投资者需要记住 1996 年 12 月 5 日。那天，时任美联储主席的艾伦·格林斯潘发表了著名的 “非理性繁荣” 演讲。格林斯潘说：“但我们如何知道非理性繁荣是否过度推高了资产价值，从而使其面临意外和长期的收缩，就像过去十年在日本发生的那样？”</li>
<li>为了放在适当的背景下，日本日经 225 指数在 1989 年 12 月 29 日达到了 38915.87 的历史最高点。在格林斯潘的非理性繁荣演讲当天，日经 225 指数收于 20943.90，较其峰值下跌了 46.2%。日本股市继续下跌，日经 225 指数在 2009 年 3 月 10 日跌至 7054.98，较 1989 年的峰值下跌了 81.9%。巧合的是，就在前一天的 2009 年 3 月 9 日，当几乎所有华尔街的人都在说卖出股票时，我们发出了著名的 “备货买入” 信号。那时，这是一个非常大胆的呼吁。现在我们知道，2009 年 3 月 9 日是美国股市的确切底部，随后出现了一场史诗般的牛市。作为完全披露，我们在 <strong>iShares MSCI Japan ETF</strong> EWJ 中有一个盈利良好的头寸。</li>
<li>投资者需要记住，在格林斯潘的警告后，动量投资者继续积极买入股票，推高了互联网泡沫，最终在 2000 年股市崩盘。</li>
<li><strong>在我们的分析中，历史重演的概率相当高。</strong></li>
<li>昨天我们与您分享了量子计算的突破。今天早上，<strong>IONQ Inc</strong> IONQ、<strong>Rigetti Computing Inc</strong> RGTI、<strong>Quantum Computing Inc</strong> QUBT 和 <strong>D-Wave Quantum Inc</strong> QBTS 等量子计算股票的积极买入仍在继续。</li>
<li>我们之前与您分享了投资者对核能股票的极度热情。对 <strong>Oklo Inc</strong> OKLO、<strong>Nuscale Power Corp</strong> SMR、<strong>Nano Nuclear Energy Inc</strong> NNE 和 <strong>Cameco Corp</strong> CCJ 等核能股票的极度热情仍在继续。</li>
</ul>
</div><h4><strong>Magnificent Seven Money Flows</strong></h4>
<div class="lb-trans"><h4><strong>七大巨头资金流动</strong></h4>
</div><p>Most portfolios are now heavily concentrated in the Mag 7 stocks. For this reason, to get ahead and get an edge, investors need to dig below the surface of the Mag 7 stocks. It is equally important to rise above the noise of daily news on the Mag 7 stocks. The best way to get an edge, dig below the surface, and rise above the noise of the daily news is to pay attention to early money flows in the Mag 7 stocks on a daily basis. When there is significant news in the Mag 7 stocks that rises above the threshold of noise and impacts your entire portfolio, it is covered in the main section above.</p>
<div class="lb-trans"><p>目前大多数投资组合都高度集中于七大巨头股票。因此，为了领先并获得优势，投资者需要深入挖掘七大巨头股票的表面之下。同样重要的是，要超越七大巨头股票每日新闻的噪音。获得优势、深入挖掘表面并超越每日新闻噪音的最佳方法是每天关注七大巨头股票的早期资金流动。当七大巨头股票出现显著新闻，超出噪音阈值并影响您的整个投资组合时，会在上面的主要部分进行报道。</p>
</div><p>In the early trade, money flows are positive in <strong>Apple Inc</strong> AAPL, <strong>Amazon.com, Inc.</strong> AMZN, <strong>Meta Platforms Inc</strong> META, <strong>Microsoft Corp</strong> MSFT, <strong>NVIDIA Corp</strong> NVDA, and <strong>Tesla Inc</strong> TSLA.</p>
<div class="lb-trans"><p>在早盘交易中，<strong>苹果公司</strong> AAPL、<strong>亚马逊公司</strong> AMZN、<strong>Meta Platforms Inc</strong> META、<strong>微软公司</strong> MSFT、<strong>英伟达公司</strong> NVDA 和 <strong>特斯拉公司</strong> TSLA 的资金流动为正。</p>
</div><p>In the early trade, money flows are neutral in <strong>Alphabet Inc Class C</strong> GOOG.</p>
<div class="lb-trans"><p>在早盘交易中，<strong>字母表公司 C 类</strong> GOOG 的资金流动为中性。</p>
</div><p>In the early trade, money flows are positive in <strong>SPDR S&amp;P 500 ETF Trust</strong> SPY and <strong>Invesco QQQ Trust Series 1</strong> QQQ.</p>
<div class="lb-trans"><p>在早盘交易中，<strong>SPDR S&amp;P 500 ETF Trust</strong> SPY 和 <strong>Invesco QQQ Trust Series 1</strong> QQQ 的资金流动为正。</p>
</div><h4><strong>Momo Crowd And Smart Money In Stocks</strong></h4>
<div class="lb-trans"><h4><strong>动量投资者与聪明钱在股票中的表现</strong></h4>
</div><p>Investors can gain an edge by knowing money flows in SPY and QQQ. Investors can get a bigger edge by knowing when smart money is buying stocks, gold, and oil. The most popular ETF for gold is <strong>SPDR Gold Trust</strong> (GLD). The most popular ETF for silver is <strong>iShares Silver Trust</strong>(SLV). The most popular ETF for oil is <strong>United States Oil ETF</strong> (USO).</p>
<div class="lb-trans"><p>投资者可以通过了解 SPY 和 QQQ 的资金流动获得优势。投资者通过了解聪明钱何时买入股票、黄金和石油，可以获得更大的优势。黄金最受欢迎的 ETF 是 <strong>SPDR Gold Trust</strong> (GLD)。白银最受欢迎的 ETF 是 <strong>iShares Silver Trust</strong>(SLV)。石油最受欢迎的 ETF 是 <strong>United States Oil ETF</strong> (USO)。</p>
</div><h4><strong>Oil</strong></h4>
<div class="lb-trans"><h4><strong>石油</strong></h4>
</div><p>API crude inventories came at a draw of 3.821M barrels vs. a prior draw of 3.420M barrels.</p>
<div class="lb-trans"><p>API 原油库存减少 382.1 万桶，而之前减少 342.0 万桶。</p>
</div><p><strong>Oil is moving up on President Trump changing his stance on Ukraine.</strong></p>
<div class="lb-trans"><p><strong>由于特朗普总统改变了对乌克兰的立场，油价正在上涨。</strong></p>
</div><h4><strong>Bitcoin</strong></h4>
<div class="lb-trans"><h4><strong>比特币</strong></h4>
</div><p><strong>Bitcoin</strong> BTC/USD is range bound.</p>
<div class="lb-trans"><p><strong>比特币</strong> BTC/USD 处于区间震荡中。</p>
</div><h4><strong>What To Do Now</strong></h4>
<div class="lb-trans"><h4><strong>现在该做什么</strong></h4>
</div><p>Consider continuing to hold good, very long term, existing positions. Based on individual risk preference, consider a protection band consisting of cash or Treasury bills or short-term tactical trades as well as short to medium term hedges and short term hedges. This is a good way to protect yourself and participate in the upside at the same time.</p>
<div class="lb-trans"><p>考虑继续持有良好的、非常长期的现有头寸。根据个人风险偏好，考虑由现金或国债或短期战术交易以及短期对冲组成的保护带。这是一种保护自己并同时参与上涨的好方法。</p>
</div><p>You can determine your protection bands by adding cash to hedges. The high band of the protection is appropriate for those who are older or conservative. The low band of the protection is appropriate for those who are younger or aggressive. If you do not hedge, the total cash level should be more than stated above but significantly less than cash plus hedges.</p>
<div class="lb-trans"><p>您可以通过向对冲中添加现金来确定您的保护带。对于年长或保守的人来说，高保护带是合适的。对于年轻或激进的人来说，低保护带是合适的。如果您不进行对冲，总现金水平应高于上述所述，但显著低于现金加对冲的总和。</p>
</div><p>A protection band of 0% would be very bullish and would indicate full investment with 0% in cash. A protection band of 100% would be very bearish and would indicate a need for aggressive protection with cash and hedges or aggressive short selling.</p>
<div class="lb-trans"><p>0% 的保护带将非常看涨，表示全额投资且现金为 0%。100% 的保护带将非常看跌，表示需要通过现金和对冲或激进的卖空进行强有力的保护。</p>
</div><p><strong>It is worth reminding that you cannot take advantage of new upcoming opportunities if you are not holding enough cash.</strong> When adjusting hedge levels, consider adjusting partial stop quantities for stock positions (non ETF); consider using wider stops on remaining quantities and also allowing more room for high beta stocks. High beta stocks are the ones that move more than the market.</p>
<div class="lb-trans"><p><strong>值得提醒的是，如果您没有持有足够的现金，就无法利用即将出现的新机会。</strong> 在调整对冲水平时，考虑调整股票头寸（非 ETF）的部分止损数量；考虑对剩余数量使用更宽的止损，并为高贝塔股票留出更多空间。高贝塔股票是指那些波动幅度大于市场的股票。</p>
</div><h4><strong>Traditional 60/40 Portfolio</strong></h4>
<div class="lb-trans"><h4><strong>传统的 60/40 投资组合</strong></h4>
</div><p>Probability based risk reward adjusted for inflation does not favor long duration strategic bond allocation at this time.</p>
<div class="lb-trans"><p>基于概率的风险回报调整在通胀情况下目前不利于长期战略债券配置。</p>
</div><p>Those who want to stick to traditional 60% allocation to stocks and 40% to bonds may consider focusing on only high quality bonds and bonds of five year duration or less. Those willing to bring sophistication to their investing may consider using bond ETFs as tactical positions and not strategic positions at this time.</p>
<div class="lb-trans"><p>那些希望坚持传统 60% 股票和 40% 债券配置的人可以考虑专注于仅高质量的债券和五年期或更短的债券。愿意提升投资复杂性的人可以考虑在此时将债券 ETF 作为战术头寸，而非战略头寸。</p>
</div><p>**</p>
<div class="lb-trans"><p>**</p>
</div><p><strong>The Arora Report is known for its accurate calls. The Arora Report correctly called the big artificial intelligence rally before anyone else, the new bull market of 2023, the bear market of 2022, new stock market highs right after the virus low in 2020, the virus drop in 2020, the DJIA rally to 30,000 when it was trading at 16,000, the start of a mega bull market in 2009, and the financial crash of 2008. Please click here to sign up for a free forever</strong> <strong>Generate Wealth Newsletter</strong> <strong>.</strong></p>
<div class="lb-trans"><p><strong>阿罗拉报告以其准确的预测而闻名。阿罗拉报告在其他人之前准确预测了大型人工智能反弹、2023 年的新牛市、2022 年的熊市、2020 年病毒低点后的新股市高点、2020 年的病毒下跌、道琼斯工业平均指数在交易时为 16,000 时的 30,000 反弹、2009 年大型牛市的开始以及 2008 年的金融危机。请点击此处注册免费永远的</strong> <strong>财富生成通讯</strong> <strong>。</strong></p>
</div><p>**</p>
<div class="lb-trans"><p>**</p>
</div><p><strong><em>Benzinga Disclaimer: This article is from an unpaid external contributor. It does not represent Benzinga’s reporting and has not been edited for content or accuracy.</em></strong></p>
<div class="lb-trans"><p><strong><em>Benzinga 免责声明：本文来自未付费的外部贡献者。它不代表 Benzinga 的报道，并且未经过内容或准确性编辑。</em></strong></p>
</div>

Powell Said Stocks 'Highly Valued' – Remember After 'Irrational Exuberance' Stock Bubble Inflated More Before Crash

- MU 股票在报告优异财报后下跌，因市场已提前消化好消息。  
- 投资者需关注美联储主席的警告，历史可能重演。  
- 继续持有长期优质资产，并根据风险偏好调整保护带。

鲍威尔称股票 “估值过高”——请记住，在 “非理性繁荣” 时期，股票泡沫在崩溃前进一步膨胀