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Another 10k+ day thanks to Chinese pre-market gains
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Rewards
● An equal share of 1,000 points: For mooers who correctly guess BABA's (US Market) closing price range on 10 August ET by 2:30 PM, August 10 ET. (e.g., If 50 mooers make a correct guess, each of them will get 20 points.)
● Exclusive 300 points: For the writer of the top post on analyzing BABA's earnings preview as an inspiration reward.
*The selection is based on post quality, originality, and user enga...
● An equal share of 1,000 points: For mooers who correctly guess BABA's (US Market) closing price range on 10 August ET by 2:30 PM, August 10 ET. (e.g., If 50 mooers make a correct guess, each of them will get 20 points.)
● Exclusive 300 points: For the writer of the top post on analyzing BABA's earnings preview as an inspiration reward.
*The selection is based on post quality, originality, and user enga...
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$Alibaba (BABA.US)$ $BABA-W (09988.HK)$ released its Q3'22 results last week.
It was also around that period when Charlie Munger expressed that Alibaba was his biggest mistake.
Was he right to admit so?
1. Topline 2% growth YoY
Topline for Baba was flattish YoY, both from Q3'22 vs Q3'21 and 9M‘22 vs 9M'21.
Some key findings that might make investors skeptical include shrinkage in China commerce, which is down by 1% YoY.
2. Good growth for int...
It was also around that period when Charlie Munger expressed that Alibaba was his biggest mistake.
Was he right to admit so?
1. Topline 2% growth YoY
Topline for Baba was flattish YoY, both from Q3'22 vs Q3'21 and 9M‘22 vs 9M'21.
Some key findings that might make investors skeptical include shrinkage in China commerce, which is down by 1% YoY.
2. Good growth for int...
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It has been a while since my last analytical BABA post. But things are looking up for Chinese equities lately so now is a better time than ever for an Technical Alibaba update.
The long-term picture is starting to look much brighter for $Alibaba (BABA.US)$ and $BABA-W (09988.HK)$. BABA's price has climbed above a downward trending resistance that has kept pushing its price down for about two years. You can see this illustrated in the chart below. This is a bul...
The long-term picture is starting to look much brighter for $Alibaba (BABA.US)$ and $BABA-W (09988.HK)$. BABA's price has climbed above a downward trending resistance that has kept pushing its price down for about two years. You can see this illustrated in the chart below. This is a bul...
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Dear mooers,
There are only a few days before the New Year's bell rings. New year, new hope!
For most investors, 2022 is a roller coaster ride. As we approach the end of 2022, all three major US stock indexes are on track to break their 3-year winning streaks and have their worst year since 2008. Let's look at the performance of the —an indicator of US stock performance this year:
* S&P 500 index focuses on the larg...
There are only a few days before the New Year's bell rings. New year, new hope!
For most investors, 2022 is a roller coaster ride. As we approach the end of 2022, all three major US stock indexes are on track to break their 3-year winning streaks and have their worst year since 2008. Let's look at the performance of the —an indicator of US stock performance this year:
* S&P 500 index focuses on the larg...
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Although rare video showing Russia moving equipment belonging to a nuclear weapons unit (*1), the White House believes that Russia is not preparing to use nuclear weapons (*2).
Next, we have North Korea conducts long-range missile test over Japan (*3) and the possibility of a nuclear response after Ukraine captured a key town (*4).
Thus, it may be great that every country has nuclear weapons so that nuclear war...
Next, we have North Korea conducts long-range missile test over Japan (*3) and the possibility of a nuclear response after Ukraine captured a key town (*4).
Thus, it may be great that every country has nuclear weapons so that nuclear war...
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Columns J Powell Killed Mr. Market Again
check out the current T/A for the market after J. Powell's hawkish remarks. Here is the link to the video: https://youtu.be/Nj6XIiVOp0I
$SPDR S&P 500 ETF (SPY.US)$
Jerome Powell announced the interest rate decision that was made by the Federal Reserve. He told the market that there will be high interest rates until inflation has had a very noticeable slow down. The markets did not react well to his speech as all of the major indices experience a major sell-off int...
$SPDR S&P 500 ETF (SPY.US)$
Jerome Powell announced the interest rate decision that was made by the Federal Reserve. He told the market that there will be high interest rates until inflation has had a very noticeable slow down. The markets did not react well to his speech as all of the major indices experience a major sell-off int...
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In less than 48 hours or so, the Federal Open Market Committee (FOMC) will meet together to set interest rates.
It is expected that the stock market will experience turbulence and some Mooers might sell some of their holdings.
However, some Mooers may buy the dips if they think that the market will not go down further.
So, will you still love your stocks tomorrow, thinking that everything will be fine?
Or will you just hold and cry?
Or will you abando...
It is expected that the stock market will experience turbulence and some Mooers might sell some of their holdings.
However, some Mooers may buy the dips if they think that the market will not go down further.
So, will you still love your stocks tomorrow, thinking that everything will be fine?
Or will you just hold and cry?
Or will you abando...
From YouTube
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On 26 Aug 2022, China state-affiliated media, Caixin Global, tweeted that regulators are in talks to prevent the delisting of China companies from U.S. stock exchanges.
This piece of good news sends China-concept stocks in U.S. to go higher, with Agriculture stock, CGA ( $Enlightify (CGA.US)$ ), up 35.5%.
Solar energy stocks such as DQ ( $Daqo New Energy (DQ.US)$ ) and JKS ( $JinkoSolar (JKS.US)$ ) also returns 7.98% and 1.93% ...
This piece of good news sends China-concept stocks in U.S. to go higher, with Agriculture stock, CGA ( $Enlightify (CGA.US)$ ), up 35.5%.
Solar energy stocks such as DQ ( $Daqo New Energy (DQ.US)$ ) and JKS ( $JinkoSolar (JKS.US)$ ) also returns 7.98% and 1.93% ...
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