Wall Street legend investor Paul Tudor Jones: The U.S. stock market is on the brink of a bull market explosion, planning to hold gold, cryptocurrencies, and Nasdaq tech stocks by the end of the year
ChainCatcher news, according to Gelonghui, legendary Wall Street investor and founder of Tudor Investment Paul Tudor Jones believes that the U.S. stock market is on the brink of an explosive phase at the end of a bull market, and a strong upward wave may be coming in the short term. He plans to hold gold, cryptocurrencies, and Nasdaq tech stocks by the end of the year to capture the momentum driving the U.S. stock market higher. He pointed out that all conditions for a surge in the U.S. stock market are in place, sufficient to trigger a new round of rapid increases, and he believes this situation will occur again, potentially more explosively than before the bursting of the dot-com bubble in 1999.The current bull market is often filled with temptation and risk, with the largest gains typically occurring in the 12 months leading up to the peak; however, to participate, one must be agile, as the outcome can be very severe. He does not expect the market to peak in the short term but believes there will be a "speculative frenzy" driven by retail investors and funds simultaneously taking long and short positions, requiring more retail buying and more capital inflow to push stock prices to their ultimate peak.
