First Day of Stock Market Trade in the Second Half of the Year; Analyst Weng Weijie: Need to Supplement Volume

Reported about 1 year ago

After a dip in the U.S. stock market due to Nike's financial report shocking analysts, Taiwan's stock market opened slightly higher on Monday, with TSMC contributing over 80 points, maintaining above 23,000 points. Analyst Weng Weijie emphasized the importance of observing trading volume for further advancement, as well as considering external factors like policy announcements by the U.S. Fed and ECB presidents. He suggested a 'sell-only' long-term strategy and advised caution for investment decisions in the current market environment.

Source: YAHOO

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