dchua1969

dchua1969

When money is concerned, government control is important in many countries, India included. Whether it will revive again is another story for the future, the 40% drop in 2 single days is enough to send shivers to the investors..........

dchua1969 Updated 

www.scmp.com www.reuters.com www.scmp.com With a crippling property market (www.businesstimes.com.sg), lower than expected domestic spending, stock market make a U turn barely after a small recovery, fund managers flocking to Beijing to meet top officials to get answers, ongoing US-China trade sanctions, never ending finger pointing at China on Russia , Taiwan,...

dchua1969

Here's how the weekly chart shows...... Will India continues to rally ? And has China bottomed out yet ?

dchua1969 Updated 

Read latest article here When you are tasked to do a search online, you go to Google or say google something......Nobody says Bing something. That is the power of top of the mind branding . The first brand that comes to consumer mind constantly win. Fast food = Macdonald, Coffee = Starbucks, Credit card = Visa, Electric Vehicle = Tesla ,etc. These boys have...

dchua1969 Updated 

Over the last 3 days, we witnessed a near 9% rally for the HSI. There were several contributing factors - the Chinese government has injected more stimulus into the market. Read here and of course the 360 degrees turn by famous Jack Ma who bought 271 million shares of its own company, Alibaba, giving the much depressed stock a huge rally, causing a rising tide...

dchua1969 Updated 

Read some latest articles here , here and here . We now see a good support at 21563 level and HSI might revisit this level or slightly below (to kill the retail traders who place tight stop loss) before a rebound can be in sight ! Hang on there , guys !

dchua1969

I saw a window of opportunity yesterday night and took a small position to went LONG into BITB ETF. You can read more about this ETF here So you pay zero expense fee for the first six months which is nice. Let's see how it performs in June/July 2024. A good read comparing the different Bitcoin ETFs

dchua1969

Most have pulled out of HSI or China Market with much unhappiness, disappointment and anger. The Chinese Government has failed to shore up the economy and stock market and big institutional firms have sold or pull out large funds away from China. Another 300 points down today , red and more red like the blood flowing out of a body, slowly but surely. So many...

dchua1969

From the weekly chart, it appears so........ With the recent saga of Bitcoin ETFs making the news, the others should be coming onboard fairly soon. In April, we will see the halving of Bitcoin which the market says will increase the demand for this digital currency. Please DYODD

dchua1969 Updated 

This support level could be the catalyst for the price to start rally from here. However, there lies a possibility for it to go below 100 dollars and hit the next support, around 78 dollars. Let's wait and see.....

dchua1969

The more negative news we received about China, the more people want to know about it. From the property slump, weak demand, subdue consumer confidence to ever changing government policies, all eyes are peeling onto China and awaits eagerly for a plethora of good news to come out from the Chinese Government. The top 300 companies in China , reflected in CSI300...

dchua1969 Updated 

Sell, sell , sell. Much like the panic and frustration in the China property market, from Tier 1 to Tier 3 and beyond, you read up about more and more news about home owners selling their properties 30-60% off their purchase price. The stock market is no better. Once , the darlings of China Tech industry, Alibaba is soon reaching its 80% lowest point from its...

dchua1969 Updated 

The obsession of catching the bottom and being proven right is so strong that many would fall for it willingly , taking an unknown risk with no idea if the down trend has reversed. Looking at the weekly chart, if Oct 2022 is the bottom, then the current downtrend should be rebounding soon and not continue to fall next week/year in 2024. If I am right and it does...

dchua1969

For simplicity, I chose 3 of my vested assets to show the difference the yearly returns (beginning of 2023 to end 2023) namely, VOO ETF (tracking the SPX500 index), PG (Proctor & Gamble) and Meta (Facebook) stocks respectively. One can see that PG has given the worst performance returns out of the 3 assets , registering a single negative digit returns of 1.87% ,...

dchua1969 Updated 

Read this interesting article here Look around your circle of friends and see how many does not carry a mobile phone ? (brands does not matter) I bet it is very very few especially when more essential services like making payments and some government services that require you to download an app to gain access to their website. By far, only China has been...

dchua1969 Updated 

Now, the weekly chart shows Apple has fallen more than 30% from its peak and the selling pressure does not appear to dwindle towards the end of Year 2022. I expect the price to fall between 120 - 128 support zone where I would be more inclined to go long at 120 price level. The current problems faced by Apple - labour shortage in China is a temporary one and I...

dchua1969

Read the latest article here As a shareholder , I am not too happy. But as a parent who has two kids pretty glued to the phones , this might be the answer to help them stay away from their phones and do something else. To be fair, I am not born in the internet or mobile phone era where information are readily available online. Naturally, kids will resort to...

dchua1969 Updated 

Read this latest news here There have been many cases of western brands that seems to make the mistake of no common sense in their advertisement , only to offer apology hereafter. What is their motive ? I dunno, could it be a reverse psychology strategy to get more hits and views ? Maybe........ But importantly, it has no bearings on its share prices. In...