TRU (TrueFi) fluctuates by 40.7% in 24 hours: Dominated by low liquidity and trading volume amplification effect

Goldman Sachs trading team warns that although market deleveraging is nearing its end, institutional leverage remains at high levels and meaningful risk reduction has not been achieved. In August, U.S. equities face multiple headwinds such as capital outflows and CTA asymmetric selling, resulting in short-term range-bound volatility, with corporate buybacks becoming the most reliable support. With extreme risks increasing, including a surge in correlations, now is an excellent window for actively buying protective positions, such as put options.

South Korea's two major memory chip manufacturers reported explosive profits in Q2, yet their stock prices were hammered with sharp declines. The contrast arises from an over-one-year "cycle divergence": while chip giants warn of shortages extending to 2028 and aggressively sign long-term contracts, the market worries about slowing expenditure from cloud providers and the rise of production capacity in China, pricing in an early cycle peak. Who is misjudging the situation? Capital expenditure data in the second half of the year will reveal the truth.

As the earnings report approaches, although stock prices are expected to fluctuate steadily, Apple options traders are building put protection barriers.