Yesterday, the Taiwan stock market returned to the 20,000-point mark, but the Taiwan stock index futures did not continue the upward trend, dropping more than 100 points as of the time of this report. Whether the market can turn positive at the close will be a key indicator for the Taiwan stock market's stability at the 20,000 point.

Looking ahead, institutional players generally believe that the worst is over, but with many uncertainties still present, the market is in a phase of consolidation. Reflecting on the Trump tariffs, the Taiwan stock market saw wild fluctuations in April, creating multiple historical records for the largest single-day decline and rise. This volatility may present opportunities for long-term positioning.

Manager Chen Yuan-yi of the Yuanta Taiwan Strong Bulls (00982A) noted that as the market reflects the impact of tariffs, companies are adjusting their supply chains, retaining flexibility. Long-term competitiveness in AI technology stocks remains strong. Cathay Investment Trust suggests that investors may consider incorporating market-cap-focused ETFs while maintaining proper asset allocation to respond to forthcoming market changes.

Notably, several major U.S. technology companies are set to announce their earnings this week, and tariff negotiations have also entered the second round, vital for the financial markets.