---
title: "CTAs 在下週的每種情況下都是賣方……如果下個月股市下跌，可能會有高達 1850 億美元的拋售"
type: "News"
locale: "zh-HK"
url: "https://longbridge.com/zh-HK/news/294090830.md"
description: "下週，CTA（商品交易顧問）在所有情境中都被定位為賣方，如果下個月股市下滑，可能會面臨高達 1850 億美元的賣壓。最近的市場表現顯示，標準普爾 500 指數期貨最初上漲，但由於科技股和半導體股疲軟，受到中國對 ASML 的新競爭影響，最終收平。儘管等權重標準普爾 500 指數繼續上漲，但納斯達克指數已進入調整階段"
datetime: "2026-07-28T16:02:01.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/294090830.md)
  - [en](https://longbridge.com/en/news/294090830.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/294090830.md)
generator: "portal-rs"
---

# CTAs 在下週的每種情況下都是賣方……如果下個月股市下跌，可能會有高達 1850 億美元的拋售

Yesterday, the market failed to hold its opening move higher: SPX futures rose as much as 1% and traded in a roughly 1.5% intraday range before closing just fractionally in the green, +1bp. As JPM's Market Intel team writes this morning, the choppy price action was driven by Tech/Semis, with SOXX fading from a 1% gain to as much as a 5% decline before closing -2.2%, after China unveiled new competition for ASML. The market-broadening theme continued, with the equal-weighed S&P continued to push higher even as the Nasdaq enters a correction this morning...

### 相關股票

- [ASML.US](https://longbridge.com/zh-HK/quote/ASML.US.md)
- [.SPX.US](https://longbridge.com/zh-HK/quote/.SPX.US.md)
- [.IXIC.US](https://longbridge.com/zh-HK/quote/.IXIC.US.md)
- [SPY.US](https://longbridge.com/zh-HK/quote/SPY.US.md)
- [SOXX.US](https://longbridge.com/zh-HK/quote/SOXX.US.md)
- [SMH.US](https://longbridge.com/zh-HK/quote/SMH.US.md)
- [QQQM.US](https://longbridge.com/zh-HK/quote/QQQM.US.md)
- [IVV.US](https://longbridge.com/zh-HK/quote/IVV.US.md)
- [VOO.US](https://longbridge.com/zh-HK/quote/VOO.US.md)
- [SPLG.US](https://longbridge.com/zh-HK/quote/SPLG.US.md)
- [SPXL.US](https://longbridge.com/zh-HK/quote/SPXL.US.md)
- [UPRO.US](https://longbridge.com/zh-HK/quote/UPRO.US.md)
- [SSO.US](https://longbridge.com/zh-HK/quote/SSO.US.md)
- [SH.US](https://longbridge.com/zh-HK/quote/SH.US.md)
- [SPXS.US](https://longbridge.com/zh-HK/quote/SPXS.US.md)
- [SPXU.US](https://longbridge.com/zh-HK/quote/SPXU.US.md)
- [SDS.US](https://longbridge.com/zh-HK/quote/SDS.US.md)
- [SPYI.US](https://longbridge.com/zh-HK/quote/SPYI.US.md)
- [JEPI.US](https://longbridge.com/zh-HK/quote/JEPI.US.md)
- [XYLD.US](https://longbridge.com/zh-HK/quote/XYLD.US.md)
- [ASMG.US](https://longbridge.com/zh-HK/quote/ASMG.US.md)
- [ASMU.US](https://longbridge.com/zh-HK/quote/ASMU.US.md)
- [USD.US](https://longbridge.com/zh-HK/quote/USD.US.md)
- [SOXL.US](https://longbridge.com/zh-HK/quote/SOXL.US.md)
- [SSG.US](https://longbridge.com/zh-HK/quote/SSG.US.md)
- [SOXS.US](https://longbridge.com/zh-HK/quote/SOXS.US.md)
- [ONEQ.US](https://longbridge.com/zh-HK/quote/ONEQ.US.md)
- [QQQ.US](https://longbridge.com/zh-HK/quote/QQQ.US.md)
- [QQEW.US](https://longbridge.com/zh-HK/quote/QQEW.US.md)
- [QQQE.US](https://longbridge.com/zh-HK/quote/QQQE.US.md)
- [TQQQ.US](https://longbridge.com/zh-HK/quote/TQQQ.US.md)
- [QLD.US](https://longbridge.com/zh-HK/quote/QLD.US.md)
- [PSQ.US](https://longbridge.com/zh-HK/quote/PSQ.US.md)
- [SQQQ.US](https://longbridge.com/zh-HK/quote/SQQQ.US.md)
- [QID.US](https://longbridge.com/zh-HK/quote/QID.US.md)
- [JPM.US](https://longbridge.com/zh-HK/quote/JPM.US.md)
- [JPM-M.US](https://longbridge.com/zh-HK/quote/JPM-M.US.md)
- [JPM-C.US](https://longbridge.com/zh-HK/quote/JPM-C.US.md)
- [JPM-D.US](https://longbridge.com/zh-HK/quote/JPM-D.US.md)
- [JPM-L.US](https://longbridge.com/zh-HK/quote/JPM-L.US.md)
- [8634.JP](https://longbridge.com/zh-HK/quote/8634.JP.md)
- [JPM-K.US](https://longbridge.com/zh-HK/quote/JPM-K.US.md)
- [JPM-J.US](https://longbridge.com/zh-HK/quote/JPM-J.US.md)

## 相關資訊與研究

- [Bamco Inc. NY 減少了其在博通公司$AVGO 的持倉](https://longbridge.com/zh-HK/news/298179767.md)
- [FirstWave Capital Management LLC 向 Advanced Micro Devices, Inc.（AMD）投資了 202 萬美元](https://longbridge.com/zh-HK/news/298126995.md)
- [Aspiriant LLC 出售了 NVIDIA Corporation（英偉達公司）的股票$NVDA](https://longbridge.com/zh-HK/news/298179630.md)
- [Myriad 資產管理顧問有限公司收購了 NVIDIA 公司 6,501 股股票 $NVDA](https://longbridge.com/zh-HK/news/298127631.md)
- [BREAKINGVIEWS-中國AI“四小龍”噴火侵蝕英偉達護城河](https://longbridge.com/zh-HK/news/298158410.md)

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