HitnRun
liked
Deposited another $200. Just to close the topic with Alibaba and Chinese stock market. Last week, I visited seminar organized by UBS. Their main comment on Chinese economy and Chinese stock market was that consumption has not recovered since COVID-19. People are not spending as much as they spent before COVID + high unemployment ratio. As per UBS assessment, it could take another 2-3 years to fully recover 🤷♂️
But, as a long-term investor, I’m not looking at current price fl...
But, as a long-term investor, I’m not looking at current price fl...
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$Alibaba (BABA.US)$
Hope it goes up to $80
Hope it goes up to $80
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HitnRun
voted
Natural Gas Has Already Ripped
Recently, natural gas futures had a big rally. This was mostly due to the spat of severely cold weather that came unexpectedly and spread across the entire United States.
Economic data in the U.S. has shown that natural gas in storage has been dropping since the beginning of December. Based on the laws of supply and demand, this could have added upward pressure on the price of the commodity.
It should be noted that nat...
Recently, natural gas futures had a big rally. This was mostly due to the spat of severely cold weather that came unexpectedly and spread across the entire United States.
Economic data in the U.S. has shown that natural gas in storage has been dropping since the beginning of December. Based on the laws of supply and demand, this could have added upward pressure on the price of the commodity.
It should be noted that nat...
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HitnRun
voted
Best no.2 EV stock? $BYD Company Limited (002594.SZ)$ $XPeng (XPEV.US)$ $NIO Inc (NIO.US)$ $Rivian Automotive (RIVN.US)$
*No.1 is $Tesla (TSLA.US)$
*No.1 is $Tesla (TSLA.US)$
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HitnRun
voted
Confirmation of the slowdown in electric-vehicle and overall auto sales has been given by chip companies, leading to concerns among investors that this trend will continue into next year.
$ON Semiconductor (ON.US)$ and $Lattice Semiconductor (LSCC.US)$ both received less business than expected from automotive customers. On expeced to ship $200 million less this year of its silicon carbide chips used in EVs, and forecast revenue of $1...
$ON Semiconductor (ON.US)$ and $Lattice Semiconductor (LSCC.US)$ both received less business than expected from automotive customers. On expeced to ship $200 million less this year of its silicon carbide chips used in EVs, and forecast revenue of $1...
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