Before, investors were afraid to touch Russia market but then again, other than its ETF, many retail investors in Asia are quite unlikely to be acquainted with this ETF. Now , 2 years have passed and the war is still ongoing but few cares about the outcome and impact (if any) on the stock market. Now, all eyes are on China, a too big country to miss anyway! We...
To the many institutional and retail investors out of China, Alibaba is a well known made in China brand. Jack Ma is often seen giving speech in the western countries in the past and so naturally , retail investors are familiar with this company. I spoke about stickability before and brand recall is important when time is of essence. Like now, when all the rage...
As you can see from the weekly chart, it has been going sideways since 2022 and assuming you bought it at 235 price level, the market has brought you nothing but disappointment on 3 disappointments. You can see each time it reaches this level, the sellers are there to take profits or short it down. Will this time be different? I certainly hope so as Trump takes...
Hmm, I am relooking at this chart once again now that Trump has won the Election. He is pro crypto and one of the main beneficiaries would be Coinbase. Let's wait for a pull back to the resistance turned support level at 249 before taking a LONG position. Please DYODD
See weekly chart It has been hoovering around the 20-34 dollar mark since Feb 2023. It could likely hit above the resistance level at 34.20 soon and once it is established, we can expect it to go higher towards 48. Please DYODD
According to this article here :https://markets.businessinsider.com/news/stocks/jd-com-2024-singles-day-mid-festival-report-double-digit-growth-in-sales-orders-and-user-numbers-1033940704, they are doing pretty well for this Singles Day with almost all its sector expanding and recording good growth. While it is anyone bet who is going to win the US election and...
Latest news here :https://finance.yahoo.com/news/chinas-oct-factory-activity-returns-014907489.html It is scary that the management overstate its revenue and profitability to fool the shareholders..... To think that it is included in the S&P500 index would mean it has passed certain tests, but who knows......what goes up fast, came down just as fast...
I am bullish on this sector for the long haul and will be nibbling on this stock soon. Aging population, getting late to marriage and not having kids after marriage.......this combination will result in more singles, couples keeping furkids more than anything. Currently, the market is fragmented with pretty low entry and I believe over time, there will be some...
This is my prediction for 2025 where HSI still have room to rally..........The CCP is serious about shoring up their economy , already confident that they can hit the 5% target of GDP for 2024 and it's recent stimulus of 10 trillion. The two industries that I am banging on are the tech stocks - Meituan, Tencent, Alibaba, Baidu, etc or you can go for the HS TECH...
We can see from the long term monthly chart that it took more than a decade for the prices to go from low of 98 to 184 before it finally broke out in March this year. The price has been rallying non-stop thus far and I believe we have yet to see the peak yet. Some investors like physical gold while others prefer digital gold. I am of the opinion that central...
I will be adding shorting positions on this pair soon. The risk/reward ratio look good..... Please DYODD
This is one interesting asset class that has survived and thrives for generations. In the ancient times, it was only the wealthy who possess gold in physical forms. Later, it become more easily available to the common folks and different countries adopt a different attitude towards gold. In India, I think married couples have to have lots of gold as part of their...
I expect the pull back to continue this week and retrace to the yellow support level at 20210. No rush as this is going to be a slow bull run compared to the 2018 where it rally too fast and fizzle out just as fast.... I believe more monetary stimulus will be unveiled in the coming weeks/month and the 2025 Chinese New Year is an important timeline for the...
Last Saturday news may probably cause the Chinese stock market to pull back or goes sideway this week, so I am monitoring the move closely before deciding to put some ammunition in this stock. Please DYODD
Already the market leader in food delivery in China, this amazing company is set to grow further. Inflationary or deflationary environment, people still have to eat and at today's 10-20 set meal being pushed out , the consumer's review on its platform become a first seek out approach to eating out/in. On top of that, people are also using this app to order travel...
For those who can understand Chinese and listen to the social media (live streaming, videos, shorts,etc) on Douyin or Weibo, you will be richly entertained. In this age of social media, it is scary how a content creator who has no background of investing or worse, does not invest in stocks himself and yet has the cloud and power to rally his followers to go...
Now we have heard how Huawei time precisely to launch its new foldable model together with Apple 16 which the latter received lacklustre sales in China. And they have to offered a discount shortly to shore up their decreasing revenue. Will she still be the Apple of the eye? Ok, I hear you. Warren Buffett has sold some of his Apple shares but should we be overly...
MSFT is entering into a consolidation phase and the two blue lines are where I would like to accumulate more. Please DYODD