Now there is more $BHP Group Ltd (BHP.AU)$ selling and buying $CommBank (CBA.AU)$ to keep market from falling too much and scaring investors. Global funds are earning their fees today! 🤣
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Wealthy Leio
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Left hand futubull, right hand moomoo, investing in Hong Kong, US, and Australian stocks. Today's policy is very bullish for Chinese concept stocks, and the futubull next door are making crazy profits.
Added positions in the night market today.: $Direxion Daily FTSE China Bull 3X Shares ETF (YINN.US)$
The stocks I chased all went up by 50%... $YINN 241004 32.00C$
China's assets strike back! Happy National Day in advance. $Hang Seng Index (800000.HK)$ $SSE Composite Index (000001.SH)$ $Direxion Daily FTSE China Bull 3X Shares ETF (YINN.US)$ $Direxion Daily CSI China Internet Index Bull 2x Shares ETF (CWEB.US)$
Today, an economic work conference was held, discussing many new policies, with the emphasis on boosting confidence in the economy and increasing the money in the market. A-share and Hong Kong stocks performed well today.
1. Lowering the reserve requirement ratio: The reserve requirement ratio will be reduced by 0.5 percentage points in the near future, providing about 1 trillion yuan of long-term liquidity to the financial market.
2. Lowering mortgage interest rates for existing homes: Guiding commercial banks to reduce the interest rates of existing home loans to levels near those for new home loans, with an average expected decrease of around 0.5 percentage points....
Added positions in the night market today.: $Direxion Daily FTSE China Bull 3X Shares ETF (YINN.US)$
The stocks I chased all went up by 50%... $YINN 241004 32.00C$
China's assets strike back! Happy National Day in advance. $Hang Seng Index (800000.HK)$ $SSE Composite Index (000001.SH)$ $Direxion Daily FTSE China Bull 3X Shares ETF (YINN.US)$ $Direxion Daily CSI China Internet Index Bull 2x Shares ETF (CWEB.US)$
Today, an economic work conference was held, discussing many new policies, with the emphasis on boosting confidence in the economy and increasing the money in the market. A-share and Hong Kong stocks performed well today.
1. Lowering the reserve requirement ratio: The reserve requirement ratio will be reduced by 0.5 percentage points in the near future, providing about 1 trillion yuan of long-term liquidity to the financial market.
2. Lowering mortgage interest rates for existing homes: Guiding commercial banks to reduce the interest rates of existing home loans to levels near those for new home loans, with an average expected decrease of around 0.5 percentage points....
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Depends on the cut. 0.5% is expected. Anything less sees gold stocks get smashed and the market down for the day.
We might see 0.75 in which case giddy up.
We might see 0.75 in which case giddy up.
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A CBA shareholder now has the risk of a fall in the share price which appears to be over extended.
Although I have sold 600 CBA shares, I still hold another 700. I have an order to sell another 200 from my super fund but will refrain from selling the other 500 as they are in my name & would attract 100% capital gains tax as they were bought in this financial year.
$CommBank (CBA.AU)$
Although I have sold 600 CBA shares, I still hold another 700. I have an order to sell another 200 from my super fund but will refrain from selling the other 500 as they are in my name & would attract 100% capital gains tax as they were bought in this financial year.
$CommBank (CBA.AU)$
1
Wealthy Leio
commented on
had good father's day. hope gets some good news on stock this months.b
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Wealthy Leio
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One of the most valuable lessons I learned from my father was 'Integrity Counts'. In the business world, this phrase has guided me countless times to make the right decisions and earn the respect of my partners. Thank you Dad, your teachings have taken me a long way.
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Wealthy Leio
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When I was a kid, my dad taught us budgeting using Monopoly money. Each week he would give us some money, and we had to pay off expenses like rent and groceries, with the goal of saving enough for fun things.
He showed me how to prioritize, plan, and even adapt to surprises using the 50/30/20 rule. Those lessons stuck with me. Even now, when I manage my finances, I remember those moments.
I want to teach my two sons the same way
He showed me how to prioritize, plan, and even adapt to surprises using the 50/30/20 rule. Those lessons stuck with me. Even now, when I manage my finances, I remember those moments.
I want to teach my two sons the same way
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Data last week showed Australia’s core inflation unexpectedly decelerated in the quarter ended June, prompting money markets to swing to pricing an 88 per cent chance of a rate cut in December, according to meeting-dated OIS contracts, and fully price one for February.
The yield on Australia’s policy-sensitive three-year bond hit the lowest level since April on Friday, in response to the consumer price index (CPI) and dovish shift at global central banks. The Australian dollar also slid against...
The yield on Australia’s policy-sensitive three-year bond hit the lowest level since April on Friday, in response to the consumer price index (CPI) and dovish shift at global central banks. The Australian dollar also slid against...
ECOSSAUS Ltd recently completed an oversubscribed capital raising with Birchal, Australia’s largest CSF platform.
The Company is already putting the funds to good use and is in an advanced state of planning to conduct integrated satgrav and aeromagnetic definition of promising salt structures in its acreage in South Australia and the Northern Territory.
This will form the basis of a drilling programme evaluation in the near future. $Catalano Seafood Ltd (CSF.AU)$
The Company is already putting the funds to good use and is in an advanced state of planning to conduct integrated satgrav and aeromagnetic definition of promising salt structures in its acreage in South Australia and the Northern Territory.
This will form the basis of a drilling programme evaluation in the near future. $Catalano Seafood Ltd (CSF.AU)$