MidnightGenesis

Overview of the 2025 U.S. Stock Market's Three Major Indices
From the beginning of the year to mid-March, the three major U.S. stock indices all rose simultaneously, but the gains varied significantly. The Nasdaq outperformed with an astonishing 30.12% increase, followed closely by the S&P 500 with a 24.56% rise, while the Dow Jones was more moderate, up 14.87%. Behind these differences lie the distinct characteristics of each index.
However, last week the market suddenly slammed the brakes. Comments from the White House about a recession combined with concerns over a government shutdown triggered panic, causing the three indices to plummet. The S&P 500 and Dow Jones fell over 2%, while the tech-heavy Nasdaq dropped even more, by 4%, with Tesla experiencing its largest single-day decline since September 2020. The VIX fear index surged to 29.56, reaching a seven-month high.
Immediate Comparison of the Three Major Indices: Which One Suits You Better?
Core Differences in Composition and Methodology
The Dow Jones is composed of 30 large companies and uses

IPO, or Initial Public Offering, is an important process for companies transitioning from private to public, enabling expansion through public financing. For the company, this process brings changes to ownership structure and opens new opportunities for investors to participate in the growth of quality enterprises. However, investing in IPOs also involves risks, such as choosing the wrong company and overpaying for shares. Therefore, participants need to conduct in-depth research on the company's fundamentals and remain cautious.

As 2025 approaches, opinions on the likelihood of a Santa Claus Rally diverge. While skeptics highlight current market momentum disparities, optimists see factors like potential Fed rate cuts and year-end buying pressures as catalysts for gains. Historical trends suggest a rally is possible, but unique market dynamics create uncertainty.

The deviation rate is an important technical indicator that measures the extent to which the stock price deviates from the moving average line, used to determine whether short-term prices are overly volatile. Its calculation is based on the difference between the closing price and the moving average, with common periods including 5 days, 10 days, etc., allowing investors to choose according to their needs. The positive or negative value of the deviation rate reflects market strength or weakness; in a strong market, signals should be interpreted cautiously. Using it in conjunction with other indicators can improve accuracy. Although the deviation rate is easy to use, it has lagging and applicability limitations in certain market environments.

Dogecoin ETF Market Welcomes New Player. Bitwise officially listed its Dogecoin Spot ETF (Ticker: BWOW) on the New York Stock Exchange on Wednesday, opening a new channel for institutional investors to directly hold DOGE.
According to the latest data, Dogecoin is currently priced at $0.15, with a 24-hour change of -2.47%. Although facing short-term pressure, this established meme coin is approaching a critical technical milestone.
Support Rebounds, Resistance Awaiting Breakthrough
Since bottoming around $0.142 last weekend, DOGE has begun a mild rebound. However, this upward momentum is being constrained by a descending trendline dating back to October 27 — this resistance line coincides with the 20-day Exponential Moving Average (EMA), effectively suppressing the rally over the past month.
Once it breaks above this trendline, Dogecoin could further test the higher target of $0.181, approximately

December 19th, the financial markets ushered in a wave of positive signals. The US November CPI annual rate fell to 2.7%, the slowest increase since early 2021, with core CPI even lower at 2.6%, both below expectations. This data marks a turning point in the recent trend of persistent inflation.
Market Logic Behind CPI Decline
Regarding whether a high or low CPI is better, the market has already responded with action. Moderate inflation easing is widely interpreted as a signal for the Federal Reserve to further cut interest rates, directly fueling investors' expectations for a looser monetary policy. The VIX fear index dropped by 4.37%, the 2-year US Treasury yield briefly fell to 3.43%, hitting a two-month low, while the 10-year US Treasury yield slid to 4.12%.
However, some economists have questioned the authenticity of this data. Capital Economics analyst pointed out that as the largest component of the CPI, housing type

In global asset allocation, commodities have long been an important investment target alongside stocks, bonds, and foreign exchange. They are highly liquid, closely linked to macroeconomic trends, and their price fluctuations often accurately reflect economic cycle changes. For investors interested in participating in commodity trading, understanding their core characteristics and selection methods is the first step to success.
The Nature and Classification of Commodities
Commodities refer to bulk physical goods that enter circulation, possess commodity attributes, and are widely used in industrial production and consumption. Unlike retail products, the core feature of commodities is "large"—large supply, large demand, high circulation volume, and substantial inventories, typically occupying upstream positions in the industry chain.
Based on commodity attributes, commodities can be mainly divided into six categories:
Energy commodities include crude oil, gasoline, fuel oil, natural gas, and electricity. Among them, crude oil is the most

Geopolitical tensions, rising expectations of Fed rate cuts, and a weakened US dollar combine to drive a comprehensive boom in the precious metals market. Gold broke through the $4400 level, reaching a high of $4449, with a single-day increase of 2.43%; silver surged even more, briefly reaching $69.44, approaching the $70 mark, with a 24-hour increase of 2.82%; London copper futures rose to $11,996.18 per ton, up 1.01%; spot palladium hit a three-year high again, reaching $1800.85 per ounce, up 4.86%; spot platinum also broke new highs to $2096.81 per ounce, up 6.07%.
In the energy sector, the lack of substantive breakthroughs in U.S.-Ukraine peace talks has boosted crude oil demand expectations. WTI crude oil rose over 2%, trading at $57.95 per barrel. The market is beginning to look forward to the Christmas holiday trading, with panic sentiment noticeably easing, and the VIX fear index falling 5.5% to a more than one-year low.

The Chinese Renminbi has recently appreciated strongly, breaking the 7 yuan mark, and market expectations for its rise have increased. The stance of the central bank has become a key factor. In precious metals, gold and silver hit record highs, and expectations for Fed rate cuts have intensified. The Bank of Japan's rate hike expectations have driven the yen's appreciation, while Japan's new budget has reached a record high, and dependence on government bonds has fallen below 30% for the first time. The chip industry outlook is optimistic, with sales expected to surpass one trillion dollars by 2026. Nvidia and Groq have reached a partnership to strengthen market competitiveness.

This week, the market received positive signals, with gold approaching the critical breakthrough of $4350, the risk of euro/USD decline increasing, USD/JPY remaining volatile, and Micron Technology maintaining an upward trend. Investors should pay attention to the performance of key support and resistance levels.

The RMB appreciated against the US dollar at the end of the year, breaking the 7.0 threshold for the first time, driven by demand for foreign exchange settlement and a weak US dollar. Goldman Sachs expects the RMB to continue appreciating, while the Federal Reserve may slow the pace of interest rate hikes. Precious metal prices hit new highs. Japan continued to raise interest rates and released a historic high budget, while the semiconductor market remains optimistic, with sales expected to exceed 1 trillion. Looking ahead to next year, the US stock market's upside potential is limited.

Today’s global financial markets are truly an "autumn of turmoil," from the Bank of Japan's decision to the expiration of US stock options, and the chain reaction in cryptocurrencies—almost every event is testing investors' nerves.
Bank of Japan raises interest rates, yet the yen weakens?
The Bank of Japan raised interest rates to 0.75% as scheduled, the highest level since 1995. Data shows this is indeed a hawkish move, but the market's reaction was somewhat unexpected—Governor Ueda Shintaro did not give a clear stance on future rate hikes, disappointing yen traders. As a result, the USD/JPY quote rose by 1.05% to 157.09, and the yen's decline has become a barometer of market sentiment.
"Triple Witching" curse reappears, US stocks face tests
Today coincides with "Triple Witching," and according to Goldman Sachs' statistics, over $7.1 trillion in options contracts will expire simultaneously, with approximately $5 trillion

Two ways to distribute dividends: cash or stock?
When a listed company turns a profit, it usually returns part of the profit to shareholders, which is called dividends (or profit sharing). There are two main methods of dividend distribution:
One is cash dividends (dividend payout), directly depositing cash into investors' accounts. This method requires the company to have sufficient liquidity on hand and does not increase the company's total share capital after distribution.
The other is stock dividends (stock issuance), where the listed company distributes additional shares to shareholders free of charge, increasing the number of shares held by investors, also known as "stock issuance." This method has low requirements for the company's cash flow and can be carried out as long as the distribution conditions are met.
Key question: How many shares is 1 yuan of stock dividend?
Here, "1 yuan" usually refers to the stock issuance ratio, such as "1 share for every 10 shares" or expressed as "stock issuance rate 0.1." If an investor holds 1,000 shares, according to a 10:1 stock issuance ratio, they can receive

Among the many tools used in technical analysis, the KDJ indicator (Stochastic Oscillator) is favored by traders for its simplicity and effectiveness. Many retail investors consider it one of the essential indicators to learn because it helps quickly identify overbought and oversold zones in the market and capture signals of price reversals in a timely manner. So, what is the operating principle of the KDJ indicator? How is it applied in actual trading? This article will provide a comprehensive explanation of this powerful analytical tool, covering basic concepts, calculation logic, application tips, and real-world cases.
Core Concepts of the KDJ Indicator and Three Key Lines
The KDJ indicator consists of three curves: K line (Fast line), D line (Slow line), and J line (Direction line).
Their meanings are as follows:
- K value (Fast line): Reflects the position of the closing price within a certain period's price fluctuations; the closer to the period's high, the higher the K value.
- D value (Slow line): A smoothed result of the K value.

The AI Wave Reshaping the Capital Landscape: US Stock AI Concept Stocks Become the Focus of Capital Competition
Since the advent of ChatGPT, artificial intelligence has leaped from academic ivory towers into the spotlight of the capital markets. A global AI industry revolution is underway, with many related companies' stock prices doubling, and some companies even experiencing skyrocketing valuations before achieving significant profit growth.
For investors, the most urgent question is: among US stock AI concept stocks, who will be the long-term winners? To answer this question, we need to deeply understand the AI industry ecosystem, capital flows, and the investment logic at each stage.
What are AI concept stocks? How is the industry chain distributed?
The core of artificial intelligence (AI) is to endow machines with human-like cognitive abilities—learning new knowledge, performing logical reasoning based on existing information, solving complex problems, and understanding and generating text and images. Our daily interactions involve

Current Situation of Forex Investment Platforms in Malaysia
Once, engaging in forex trading in Malaysia involved legal risks, but this situation is now a thing of the past. Today, Malaysia has officially permitted residents to conduct compliant forex trading. For beginners looking to enter the market, the biggest challenge is no longer policy restrictions but finding a truly safe, reliable, and transparent trading platform among many options.
Core Criteria for Choosing an Investment Platform in Malaysia
Before deciding which platform to choose, investors should conduct a comprehensive assessment based on the following dimensions:
Regulatory Background as the Primary Consideration
The platform’s regulatory credentials are directly related to the safety of funds. Globally recognized top-tier regulatory authorities include the UK FCA, Australian ASIC, and US CFTC. Among them, platforms regulated by ASIC must also hold an Australian Financial Services License (AFSL) and an Australian Company Number (ACN), all of which can be verified on official websites.

The European Central Bank will cut interest rates by 25 basis points to 2% on June 5th, marking the eighth rate cut in the past year. The latest inflation data is 1.9%, supporting the rate cut decision. Despite the rate cut, analysts believe the euro will not depreciate significantly, and the euro against the US dollar is expected to fluctuate between 1.10 and 1.15. The EUR/CNY exchange rate after the rate cut may benefit from the euro's stable performance.

The article provides an in-depth analysis of the "liquidation" phenomenon in investing, defining its causes and risks, including high leverage, panic selling mentality, hidden costs, and more. It compares the risks across different asset types and offers strategies to prevent liquidation, such as setting stop-loss and take-profit orders, choosing appropriate leverage, and more. The article emphasizes the importance of risk control for investors to protect their principal and avoid debt.