Continuing from the previous text haha
Besides tonight's bill vote, there is news that Iran intends to abandon the management of the Strait of Hormuz and will no longer charge tolls on passing ships. Everyone knows what the Strait of Hormuz is—a low point through which a large amount of the country's crude oil is transported. Once this happens, crude oil $CL will face a significant drop. Falling oil prices are extremely positive for the market, but currently, this is still at the news stage. The market is speculating in advance, so don't rush to go all in during this brief emotional surge.
My personal view is that before the result is clear, short-term buying is possible but definitely not holding long-term. I suggest waiting for the US stock market to open before finding an entry point. The overall trend for US stocks $SNDK and $SKHYNIX remains unchanged, mainly shorting on rebounds. Observe after the mainstream market opens before making a decision.
#ASTS is advancing direct satellite-to-phone service; commercialization progress is pending disclosure
#US October CPI preview: Will the December rate hike expectations change?
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