Taiwan Semiconductor Manufacturing Company's financial report has gone crazy again, and tech stocks have collectively revived! But everyone, don't just pay attention to whether chip prices are rising or not; what really determines the thickness of your wallet in 2026 is not the candlestick chart, but the accounts just released today by those "top predators" on Wall Street.
Why is the market rising while your account is shrinking?
TSMC's financial report is indeed a strong shot in the arm, directly pulling back the weak tech stocks. And have you noticed? As soon as Trump relaxed his tone towards Iran, the originally soaring oil prices immediately cooled down.
But do you think the crisis is over? Look at what Goldman Sachs, Morgan Stanley, and BlackRock, those old foxes, are playing with? It's a typical case of good news already being priced in. Last year everyone was crazy about buying bank stocks, and now that the performance is so good, they are the first to withdraw. This indicates that smart money is already looking for the next harvesting battlefield.
This brings us to today’s main character: ETF.
Having been born for only 35 years, it has pressed traditional mutual funds into the ground, with a scale soaring to $13.5 trillion. Why is it so powerful? Because it is highly efficient and has low taxes, like a group of great white sharks being released into a pond, specifically to eat those slow-reacting old funds. But here’s the problem: Since ETFs are so good, why do the ETFs you bought make you question your life?
Because many ETFs are designed to take your money:
Leverage traps: Those triple-leveraged short funds sound exciting, but the losses are astonishingly large. There’s a reverse fund that has lost 99.99% over 15 years! It relies on constantly merging shares to survive.
Dividend scams: Don’t be dazzled by the 46% dividend rate. There’s a Tesla covered call ETF that seems to have great dividends, but its total returns haven’t even reached half of the underlying stock. This is like using your bone marrow to make soup for you, and you still think the soup is quite fresh!
Hotspot harvesting: As long as you see flashy names like quantum computing and brain-machine interfaces, it basically means the market has reached its peak, and they are just waiting for you to step in and take over.
BlackRock's asset scale has just broken $14 trillion! Larry Fink is very shrewd, cutting jobs while crazily laying out opaque private equity and alternative investments. What does this mean? It means that the top players are no longer playing with ordinary people. They are playing with deeper, more opaque, and even K-line chart-less markets.
If you want to turn things around in the cryptocurrency market or U.S. stocks in 2026, relying solely on hard work and reading news isn't enough. In this ecological niche, if you can’t see who the hunter is.