Positive catalysts fail collectively, and market sentiment enters a weak cycle
On July 25, the storage sector saw multiple major favorable news releases. Reports circulated that Nvidia intends to cooperate with SK Group on a $500 billion deal; SK Hynix is expected to supply Nvidia with more memory chips; and Anthropic has also officially announced that it signed a chip supply agreement with Samsung and SK Hynix. With multiple good signals clustering at once, SK Hynix only rebounded slightly and briefly, unable to sustain an upward trend.
The market currently shows clear signs of weakness: good news can only trigger a short-lived pulse rebound, after which it quickly returns to a grind-lower pattern. Once negative news emerges, capital tends to concentrate on selling, and the decline is continuously amplified.
The market also faces multiple external variables that add pressure. At the end of the month, Apple, Hynix, and Amazon are set to disclose their earnings reports. Investors generally worry in advance that results may fall short of expectations. Geopolitically, the situation remains tense; risks tied to the Strait of Hormuz’s shipping lane continue to disrupt global risk assets.
Both equities, cryptocurrencies, and precious metals are moving lower in tandem, and buy-side sentiment across the board is subdued. In the near term, the desire to seek safety increases. Rebounds driven by news tend to have weak follow-through. In terms of trading, it is not advisable to blindly chase gains; focus instead on waiting for a clear turning point in sentiment and fund flows.
#MemoryChips #MacroMarket
On July 25, the storage sector saw multiple major favorable news releases. Reports circulated that Nvidia intends to cooperate with SK Group on a $500 billion deal; SK Hynix is expected to supply Nvidia with more memory chips; and Anthropic has also officially announced that it signed a chip supply agreement with Samsung and SK Hynix. With multiple good signals clustering at once, SK Hynix only rebounded slightly and briefly, unable to sustain an upward trend.
The market currently shows clear signs of weakness: good news can only trigger a short-lived pulse rebound, after which it quickly returns to a grind-lower pattern. Once negative news emerges, capital tends to concentrate on selling, and the decline is continuously amplified.
The market also faces multiple external variables that add pressure. At the end of the month, Apple, Hynix, and Amazon are set to disclose their earnings reports. Investors generally worry in advance that results may fall short of expectations. Geopolitically, the situation remains tense; risks tied to the Strait of Hormuz’s shipping lane continue to disrupt global risk assets.
Both equities, cryptocurrencies, and precious metals are moving lower in tandem, and buy-side sentiment across the board is subdued. In the near term, the desire to seek safety increases. Rebounds driven by news tend to have weak follow-through. In terms of trading, it is not advisable to blindly chase gains; focus instead on waiting for a clear turning point in sentiment and fund flows.
#MemoryChips #MacroMarket