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WTI crude reached a high of USD130.50 in Mar 2022 after the Russia- Ukraine war started. Then it fell to a low of USD64.12 on the back of the banking crisis and recession fear about 2 weeks ago. That's a fall of 50.9%. It's the surest sign that the oil market is factoring in a recession.
In 2023, the Nasdaq had its best January opening since 2001 with a 10.7% gain. That's after plunging 33.1% in 2022. In 2001, there were 4 occasions (monthly gains of 10%...
In 2023, the Nasdaq had its best January opening since 2001 with a 10.7% gain. That's after plunging 33.1% in 2022. In 2001, there were 4 occasions (monthly gains of 10%...
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$Mullen Automotive (MULN.US)$ Since 2020, pure internet operation has been continuously shrinking, with annual losses expanding. Now, the assets of this stock are all negative, and the only way to save it is through asset restructuring or acquisition.
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$BABA-W (09988.HK)$ As the internal volume of Internet e-commerce becomes more and more serious, especially the strong rise of social e-commerce in Pinduoduo and Douyin Kuaishou, it has had a negative impact on the domestic Taobao e-commerce business. Another point is that Taobao's overseas business is not developing very smoothly, and the mid-tier valuation is skewed
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$MEITUAN-W (03690.HK)$ TikTok is starting to lay out TikTok takeout, causing pressure on the future market share of Meituan. In the future, it is important to pay attention to whether Meituan's overseas business can run smoothly. Currently, the valuation is reasonable and can be absorbed on dips.
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$Riot Platforms (RIOT.US)$
Bought at around 8.00, the stock price surged after a short-term adjustment, breaking through the annual resistance line, opening up room for further gains, and is expected to test around 10.00.
Bought at around 8.00, the stock price surged after a short-term adjustment, breaking through the annual resistance line, opening up room for further gains, and is expected to test around 10.00.
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$Genelux (GNLX.US)$ On the daily chart, the index indicators show that KDJ and MACD have a golden cross, and a short-term buy signal appears.
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$DRDGOLD (DRD.US)$ Last Friday, the stock price saw a large increase, with the volume reaching a historic high, indicating a clear entry of institutional funds and the potential to challenge the previous high point in the short term.
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$BRIGHTSTAR TECH (08446.HK)$Those in stock hurriedly left, and both the studio and the so-called Lao Qian teachers were recommending it, which fell by at least 90%.
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