JD.com, Inc. also known as Jingdong and formerly called 360buy, Being a Chinese e-commerce company headquartered in Beijing, it is one of the two largest B2C online retailers in China by transaction volume and revenue, a member of the Fortune Global 500 and a major competitor to Alibaba-run Tmall. As of September 2017, the platform has 266.3 million active...
I don't think i need to explain in detail why Shipping is such a risky business compare to other form. Let us start by looking at SEA - Guggenheim Shipping ETFs. This ETFs tracks the performance of the major holdings such as TNK, FRO, TNP, NAT & etc. As usual, i will start my analysis by using JUST trend channel and comparison. With the recent spate of oil...
As the ratio decrease, meaning that we are seeing more money flow into the regular (non-inflation) protected long term treasuries Sound like no one is expecting Fed to hike the rate and expecting QE4, and the emotion is every fearful of deflation but not fearful of inflation once rate increases. Comparing 0.82 from 2009, Fed will definitely consider the current...
Well, 2014 was a BOND year. TLT has an impressive return of 32%, while TYX and TNX each had a near -40% in return (it is not a lose if you are on the short side :-) Since i have only 1% knowledge on bond, i am not going to talk about FUNDAMENTAL here. It will be solely on technical To simplify thing, i use a line chart. TLT is showing me that it is about to...
Monitoring whether the current trendline would be able to provide support
in the 1996, when BAC broke the 18 dollar, it went on to make at time high of around 49 dollar and 1998 financial crisis and dot.com bubble sent it right back from where it started - the 18 and found support subsequently from 2003, it went on a 5.5 years of uninterrupted uptrend all the way to 54 meeting the blue channel top resistance. Price was sent packing and...
This lagger finally playing catch up Since the dotcom bubble collapse, AMAT has been consolidating as a rounding bottom cup for 17 good years into uncharted territory!
Ever since Cisco Systems hit all time high of 73 dollar, it never recover at all. From 2003 onwards, it has been trapped in the triangle consolidation mode. Time to replace CSCO from DOW component as well.
By now you would already know that i am the ambassador of CHANNEL!
Starting from big picture, my long term view for Gold, GDX (still in downtrend channel) doesn't change though we had a whole week of bull in Gold Miners! Since 2011, GDXJ has been contained in downtrend channel like Gold. RSI indicator downtrend channel further enhance this fact. The picture does change abit when price hit channel bottom in Jun 2013 followed by...
We will know soon whether the green channel can pierce through the red channel or not
Oh dear me, after almost 32 years of business, price of this pretty household departmental store is back to where it started! I reckon the business is tough although it did have some very good years. Does it still capable of turning around? Two major resistance in play: 1st: immediate resistance at 11.0 2nd. break up this level will be testing 15 next. P.S....
Using Stan Weinstein's stage analysis of a market insert below the bar chart, i reckon FTSE is near the end of stage 3 unless there are more range ahead.
Market Vector agribusiness ETF has broke out of the 10months consolidation in ascending triangle by a GAP up whether this breakout is for real, we will find out soon if it can find support or not, should it re-test the upper triangle line However, there is nothing to celebrate yet as you can see that the 2008 June top is sitting at 66 though having said that: i...
Two months ago, after exited my long position from bottom of purple channel, i exited at the top of channel. However, there was no follow through on the big breakout.. hence on the third bar.. i shorted again at 107. After two months it gives me pretty good profit when CAT gap down last night to previous support.. It will be awhile before it pickup.. right now i...
bull flags? there is a 5 years uptrend line holding the price as of now
As much as i agree with the notion that it is POINTLESS to project/forecast the future price because we simply do not know the exact futures or where the price will be. However, when the condition arises such as this one, i tend to do the projection using measure rule and channel, be it right or wrong by next earning released on the 6th of May. This is also to...