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I believe that after the sse composite index experiences a retracement and the first wave, it will rise to 3800 points, then the market will undergo the first pullback. After falling to 3480 points, it will rise again and maintain a medium to long-term bullish trend, breaking through 5000 points.
According to the theory of the Chinese economic cycle, the years of 2000-2001, 2007-2008, and 2015 are significant. Therefore, if it were not for the epidemic, this bull market should have started in 2022. However, due to the impact of the epidemic and international situation, this cycle has been slightly delayed. Personally, I believe that this bull market is a result of the economic cycle returning + strong policy support. However, in the long term, I am still bearish on the Chinese stock market because the Chinese economic situation has not fundamentally improved. The first point is that consumption is still insufficient, and the real economy's consumption is still seriously lacking, relaxing home loans and loans for small and medium-sized enterprises will not promote a significant increase in national consumption levels. Instead, a large amount of cash has actually flowed into the securities trading market. The second point is that there are still huge challenges in foreign trade and foreign investment. The main purpose of the tripartite joint statement this time is to use extreme measures to address the weak current state of the Chinese economy - using excessive force can lead to fracture easily. This strong medication will certainly be effective this time, but the effect may be a short-lived change for the better, eventually reverting to the old path.
Therefore, when choosing investments in this bull market, you should still maintain control and not buy everything for speculation. Investment should be selective. You can choose to speculate with some of your funds, but you should also keep a core portfolio for value investments. In this bull market, I am bullish on the AI computing sector, I believe 2...
According to the theory of the Chinese economic cycle, the years of 2000-2001, 2007-2008, and 2015 are significant. Therefore, if it were not for the epidemic, this bull market should have started in 2022. However, due to the impact of the epidemic and international situation, this cycle has been slightly delayed. Personally, I believe that this bull market is a result of the economic cycle returning + strong policy support. However, in the long term, I am still bearish on the Chinese stock market because the Chinese economic situation has not fundamentally improved. The first point is that consumption is still insufficient, and the real economy's consumption is still seriously lacking, relaxing home loans and loans for small and medium-sized enterprises will not promote a significant increase in national consumption levels. Instead, a large amount of cash has actually flowed into the securities trading market. The second point is that there are still huge challenges in foreign trade and foreign investment. The main purpose of the tripartite joint statement this time is to use extreme measures to address the weak current state of the Chinese economy - using excessive force can lead to fracture easily. This strong medication will certainly be effective this time, but the effect may be a short-lived change for the better, eventually reverting to the old path.
Therefore, when choosing investments in this bull market, you should still maintain control and not buy everything for speculation. Investment should be selective. You can choose to speculate with some of your funds, but you should also keep a core portfolio for value investments. In this bull market, I am bullish on the AI computing sector, I believe 2...
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$CIMB (1023.MY)$ $MAYBANK (1155.MY)$ $PBBANK (1295.MY)$ $AMBANK (1015.MY)$ $AFFIN (5185.MY)$
I feel like the recent market retraced is related to the Malaysia Budget Announcement 2024 which will be announced on 13th October (Friday)🚨
Which stock are you guys picking up? I personally aiming to hold both Affin Bank and Cimb Bank and might as well try to buy in some $GENM (4715.MY)$
How about you guys ? which bank conpanies are you guys holding and planning to buy?
I feel like the recent market retraced is related to the Malaysia Budget Announcement 2024 which will be announced on 13th October (Friday)🚨
Which stock are you guys picking up? I personally aiming to hold both Affin Bank and Cimb Bank and might as well try to buy in some $GENM (4715.MY)$
How about you guys ? which bank conpanies are you guys holding and planning to buy?
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$Direxion Daily FTSE China Bear 3X Shares ETF (YANG.US)$ This price is similar to iqiyi.
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Click Here: TYNKR LAB™
Bursa Malaysia ended the week on a weaker note as $FTSE Bursa Malaysia KLCI Index (.KLSE.MY)$ fell by 11.58 points to 1,629.97 due to continued selling pressure, particularly in $Bursa Telecommunications & Media (0063I.MY)$ counters. This decline was attributed to rising concerns about global economic uncertainties and escalating tensions in the Middle East.
$Bursa Telecommunications & Media (0063I.MY)$ stocks led the retre...
Bursa Malaysia ended the week on a weaker note as $FTSE Bursa Malaysia KLCI Index (.KLSE.MY)$ fell by 11.58 points to 1,629.97 due to continued selling pressure, particularly in $Bursa Telecommunications & Media (0063I.MY)$ counters. This decline was attributed to rising concerns about global economic uncertainties and escalating tensions in the Middle East.
$Bursa Telecommunications & Media (0063I.MY)$ stocks led the retre...
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When Chinese companies came over to list in Singapore, there was also a soaring of prices. But when people caught on and buy, they became bag holders as prices also dropped swiftly.
If you are too late to the party, there’s always $Direxion Daily FTSE China Bear 3X Shares ETF (YANG.US)$ to get a bit of the action.
If you are too late to the party, there’s always $Direxion Daily FTSE China Bear 3X Shares ETF (YANG.US)$ to get a bit of the action.
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Good morning, traders. Happy Thursday, October 3rd. Prices were still falling but 'Technology,' 'Energy,' and 'Utilities,' were the three green S&P 500 sectors trying to hold up the market. Tech was flying on new Semiconductor exuberance: OpenAI, a subsidiary of Microsoft, announced a new $6.6B funding round, bringing the AI startup darling to a valuation of $157B.
Meanwhile, Israel struck targets in Berui...
Meanwhile, Israel struck targets in Berui...
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