Gao Shanwen calculated today: China will join the ranks of high-income economies as soon as this year; China's GDP will surpass that of the United States within 10 years. China's total economic output will certainly surpass that of the United States, and after surpassing it, it will always maintain its position as the world's largest economy for quite a long time. This is an extremely significant change in the world economic pattern since the United States became the world's largest economy at the end of the 19th century, and will have a far-reaching impact on the global order....

After a year that made a mockery of every best-laid investment plan, the prognosticators of Wall Street could be forgiven for greeting 2021 with an abundance of caution.
Instead if there's an oversupply of anything, it's optimism.
Recovery. Revival. Rotation. Reset. These are the words dominating the annual stack of market outlooks from the world's biggest banks and investment firms for the year ahead. Caveats abound, but the consensus is that after the Covid-spurred crash, the vaccine is setting the stage for a new period of economic growth—and rising asset prices....

Despite a decent recovery from their lowest points today, all the major stock groups ended up lower. With an important meeting from the Federal Reserve (FED) tomorrow, everyone's a bit nervous about stocks.
Putting aside the big news, our market is currently unpredictable and challenging. It's making both hopeful buyers (bulls) and pessimistic sellers (bears) unsure and tired, making it hard for them to benefit when things do change. It's like a sports player knowin...

Stock Scalpers LLC. 
A-B-C-D Pattern
January 29, 2021
The Pattern
The ABCD pattern is extremely easy to follow and is great because so many traders still follow it. In this method a trader is simply doing what all the other traders are doing, because trading with the trend increases probability.
The beginning of the pattern starts with a sharp and strong upward price movement. From point A to point B traders are actively and aggressively buying the stock. New daily high after new high. A trader shouldnt enter the trade between A and B, they would be chasing the trade with no accurate method of placing a stop-loss. 
At point B the price is already VERY overextended. After the high of point B, traders who bought the stock early begin to sell and the price drops slowly down. It is still not the right time to enter the trade, though. As the selloff of B starts there is no clear indication of a bottom. Only once support is found, at point C, should the trader start planning the trade. 
The space between point B and point C is the best range to buy once an uptrend begins. The new support at C can be used to set a stop-loss.
Once the uptrend starts the trader can sell their position at any point D. Point D is generally derived from the first red candle in the 5-minute chart after an uptrend commences. It is no...

As prices hit a 40-year high, inflation dominates the news.
Prices for everyday goods, including food and energy, are the most widely cited type of inflation, but there are other forms of inflation in the broader economic system.
In the “New York Life Investment One-Minute Market Overview,” we've mapped the three types of inflation and the macroeconomic factors affecting each type.
1. currency inflation
When the supply of US money increases over time, currency inflation occurs. This represents physical and digital currencies circulating in the economy, including cash, checking accounts, and money market mutual funds.
The US Central Bank usually affects the money supply by printing money, buying bonds, or changing bank reserve requirements. Central banks control the money supply to stimulate the economy or curb inflation and keep prices stable.
In response to the COVID-19 crisis, the money supply increased by approximately between 2020 and 2021
25%, a record. Since then, as the economy showed signs of strength, the Federal Reserve began to scale back its bond purchases.
It is worth noting that, in theory, the money supply is growing faster than actual output may cause consumer prices to rise, especially when the speed of money circulation (speed of currency transactions) is high. The reason was that there was more money chasing the same quantity of goods, which ultimately led to higher prices.
2. consumer price inflation
Consumer price inflation occurs when prices for goods and services increase. It is usually done by consumers...

In the past two days, there is a hot topic in the market, that is, public offering funds have left the A-share white horse group and began to move south on a large scale.
The Hang Seng Index has continued to rise since New Year's Day in 2021, and there has been a net inflow of tens of billions of dollars of capital going south every day, especially in recent days, which has continuously exceeded 20 billion +, and the market has indeed become hot.
Probably affected by this atmosphere, these days, the number of netizens consulting Hong Kong stocks to open accounts and Hong Kong stocks ETF investment has obviously become more and more, one by one anxious to run into the market to grab money.
But I would like to remind you that the money of Hong Kong stocks is not so easy to earn. I have millions of people who have been fired in Hong Kong stocks for two or three years. I can give you a brief introduction to the situation there.
There are about 2500 listed companies on the Hong Kong stock market, which is nearly half smaller than A-shares. Hong Kong stocks also have the phenomenon of hugging their heads, which is much more serious than A-shares. The market capitalization of Hong Kong stocks outstanding is 44.6 trillion yuan, of which the top 25 largest companies add up to 21 trillion.
1% of companies, accounting for 47% of the total size.
Among them, Tencent alone is 6 trillion yuan, accounti...