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$Alibaba (BABA.US)$ imbalance from 6th Dec filled after it hit 115 yesterday. Should have rebounded intraday after filling. To stay objective, you should cut loss today if it doesn't rebound up as the sell off was with bigger vol. But as it is near to bottom bband and we know it was also due to US sell off sentiment flowing over to China, I still see the NDX still has a imbalance to fill till 15760, I will hold till Wednesday and see if the China cutting interest rate will improve China sentiment today.
Baba is also now near the bottom of the bband squeeze. So a bounce up is likely from here. But if it doesn't, I will take a small loss here and wait for the next leg when it retest 108 or even 95.
As always, trade safe & invest wise!
Do subscribe to my YouTube channel for your once a week TA and market outlook!
https://www.youtube.com/c/investing101channel
Baba is also now near the bottom of the bband squeeze. So a bounce up is likely from here. But if it doesn't, I will take a small loss here and wait for the next leg when it retest 108 or even 95.
As always, trade safe & invest wise!
Do subscribe to my YouTube channel for your once a week TA and market outlook!
https://www.youtube.com/c/investing101channel
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$Palantir (PLTR.US)$ Buy at 16 tomorrow
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$Tesla (TSLA.US)$ Could be a tough end if 2021 for Tesla We trade live Monday though Friday on YouTube https://youtube.com/channel/UCv0xd-8_JD1MloQzK0_Id-w
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$Alibaba (BABA.US)$http://www.csrc.gov.cn/csrc_en/c102030/c1657008/content.shtml
Won't know when regulatory issue is resolved but atleast China is not eager to delist China stock from US Market and willing to work with US on it.
Won't know when regulatory issue is resolved but atleast China is not eager to delist China stock from US Market and willing to work with US on it.
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Currently, there is a lot of fear, uncertainty and doubt over the series of current and potential regulatory actions in China. Undoubtedly this presents a buying opportunity as many Chinese stocks are at a historically steep discount but until the situation clears up which can take a few years, I think it is risky for value investors to open positions in Chinese stocks. The fallout from the Evergrande saga is another threat on the horizon. Short term traders and options traders should be able to find opportunities to make profits regardless.
$DiDi Global (Delisted) (DIDI.US)$ $PING AN INSURANCE (PNGAY.US)$ $TAL Education (TAL.US)$ $New Oriental (EDU.US)$ $Bilibili (BILI.US)$ $Baidu (BIDU.US)$ $Weibo (WB.US)$ $CHINA EVERGRANDE GROUP (EGRNF.US)$ $PDD Holdings (PDD.US)$ $JD.com (JD.US)$ $Alibaba (BABA.US)$ $NIO Inc (NIO.US)$ $XPeng (XPEV.US)$ $Meituan(ADR) (MPNGF.US)$ $BYD Co. (BYDDF.US)$
Disclaimer: The above is my personal opinion. It is not financial advice or a recommendation to invest. Please consult a financial advisor before making any investment decision.
Check out Long Term Investment - A Strategy For Growing Returns Without Sleepless Nights https://www.moomoo.com/community/feed/107495017873414?lang_code=2
$DiDi Global (Delisted) (DIDI.US)$ $PING AN INSURANCE (PNGAY.US)$ $TAL Education (TAL.US)$ $New Oriental (EDU.US)$ $Bilibili (BILI.US)$ $Baidu (BIDU.US)$ $Weibo (WB.US)$ $CHINA EVERGRANDE GROUP (EGRNF.US)$ $PDD Holdings (PDD.US)$ $JD.com (JD.US)$ $Alibaba (BABA.US)$ $NIO Inc (NIO.US)$ $XPeng (XPEV.US)$ $Meituan(ADR) (MPNGF.US)$ $BYD Co. (BYDDF.US)$
Disclaimer: The above is my personal opinion. It is not financial advice or a recommendation to invest. Please consult a financial advisor before making any investment decision.
Check out Long Term Investment - A Strategy For Growing Returns Without Sleepless Nights https://www.moomoo.com/community/feed/107495017873414?lang_code=2
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Asia stocks set to drop amid policy, omicron risks
Asian stocks looked set to fall Tuesday as economic risks from the omicron virus strain and central bank efforts to rein in elevated inflation breed caution. Treasuries and the dollar climbed.
Australian shares dipped, equity futures for Japan and Hong Kong declined and U.S. contracts fluctuated. The $S&P 500 Index (.SPX.US)$ dropped from a record and the technology-heavy $Nasdaq Composite Index (.IXIC.US)$ underperformed.
GameStop, AMC drag meme stock group to 7-month low
Losses for a basket of so-called meme stocks are mounting, with traders shifting away from riskier assets in the final weeks of the year. $AMC Entertainment (AMC.US)$ $GameStop (GME.US)$
The group of 37 retail trading favorites tracked by Bloomberg extended losses to 5.5% on Monday, as selling pressure for markets around the globe accelerated. The index has shed almost a quarter of its value over the past three weeks as it slides to the lowest level in seven months.
Nike buys a virtual sneaker maker
$Nike (NKE.US)$ is acquiring a virtual collectibles company as it dives further into the metaverse.
The sportswear giant agreed to buy RTFKT, a business founded in 2020 that creates digital products like sneakers and uses blockchain technology to ensure authenticity, according to a statement on Monday.
Bitcoin slide risks break below a key level
Bitcoin's slide from a record high extended into a on Monday. The largest cryptocurrency fell below $48,000 and is now flirting with a breach of its closely-watched 200-day moving average, at about $46,720.
"The idea that as it matured, the volatility would ease has not really materialized," said Marc Chandler, chief market strategist at Bannockburn Global Forex. "The volatility is deadly and its other supposed attributes, like a hedge against inflation, seems spurious."
Apple now lets you choose contacts who can access your account when you die
Until now, it's been very difficult for loved ones to access an Apple account of a family member or friend who died. Without the phone's passcode or iCloud information, surviving family members sometimes had to for access to a deceased loved one's digital data.
$Apple (AAPL.US)$ released a big iPhone update on Monday, iOS 15.2, which includes a new feature called Digital Legacy. The change will let you choose specific people who will be able to access your account after you die.
Elon Musk says dogecoin is better to buy things with than bitcoin
Elon Musk, CEO of $Tesla (TSLA.US)$ and SpaceX, has consistently supported dogecoin, a meme-inspired cryptocurrency. He's invested in it, along with bitcoin and ether, he said in October. Musk sees dogecoin as the best cryptocurrency to transact with.
"Fundamentally, bitcoin is not a good substitute for transactional currency," Musk told Time Magazine after being named Time's 2021 Person of the Year. "Even though it was created as a silly joke, dogecoin is better suited for transactions."
Shareholders press Facebook for governance changes
Facebook is facing more calls from shareholders to address harm on its platforms and overall governance as the company, now known as $Meta Platforms (FB.US)$ responds to pressure from lawmakers and others.
The resolutions filed by the shareholders include calls for board oversight of efforts to reduce harmful content, an assessment of the risk of the company's metaverse efforts and a review of the social media company's audit and risk committee, according to the Investor Alliance for Human Rights, an initiative of the faith-based investor group Interfaith Center on Corporate Responsibility.
SoftBank poised to complete first Spac deal with AI robotics company Symbotic
$Softbank Holdings (LIST2558.US)$ is set to complete its first Spac merger by taking public a Walmart-backed artificial intelligence robotics company in a deal valued at $5.5bn. Symbotic, an AI start-up that focuses on improving supply chains for retailers, will merge with SVF Investment Corp 3, a Spac sponsored by SoftBank, the two companies said on Monday.
The blank-cheque merger is the first of its kind for SoftBank, which has raised multiple Spacs and has been hunting for suitable private companies to take public.
Source: Bloomberg, WSJ, CNBC, Financial Times
Asian stocks looked set to fall Tuesday as economic risks from the omicron virus strain and central bank efforts to rein in elevated inflation breed caution. Treasuries and the dollar climbed.
Australian shares dipped, equity futures for Japan and Hong Kong declined and U.S. contracts fluctuated. The $S&P 500 Index (.SPX.US)$ dropped from a record and the technology-heavy $Nasdaq Composite Index (.IXIC.US)$ underperformed.
GameStop, AMC drag meme stock group to 7-month low
Losses for a basket of so-called meme stocks are mounting, with traders shifting away from riskier assets in the final weeks of the year. $AMC Entertainment (AMC.US)$ $GameStop (GME.US)$
The group of 37 retail trading favorites tracked by Bloomberg extended losses to 5.5% on Monday, as selling pressure for markets around the globe accelerated. The index has shed almost a quarter of its value over the past three weeks as it slides to the lowest level in seven months.
Nike buys a virtual sneaker maker
$Nike (NKE.US)$ is acquiring a virtual collectibles company as it dives further into the metaverse.
The sportswear giant agreed to buy RTFKT, a business founded in 2020 that creates digital products like sneakers and uses blockchain technology to ensure authenticity, according to a statement on Monday.
Bitcoin slide risks break below a key level
Bitcoin's slide from a record high extended into a on Monday. The largest cryptocurrency fell below $48,000 and is now flirting with a breach of its closely-watched 200-day moving average, at about $46,720.
"The idea that as it matured, the volatility would ease has not really materialized," said Marc Chandler, chief market strategist at Bannockburn Global Forex. "The volatility is deadly and its other supposed attributes, like a hedge against inflation, seems spurious."
Apple now lets you choose contacts who can access your account when you die
Until now, it's been very difficult for loved ones to access an Apple account of a family member or friend who died. Without the phone's passcode or iCloud information, surviving family members sometimes had to for access to a deceased loved one's digital data.
$Apple (AAPL.US)$ released a big iPhone update on Monday, iOS 15.2, which includes a new feature called Digital Legacy. The change will let you choose specific people who will be able to access your account after you die.
Elon Musk says dogecoin is better to buy things with than bitcoin
Elon Musk, CEO of $Tesla (TSLA.US)$ and SpaceX, has consistently supported dogecoin, a meme-inspired cryptocurrency. He's invested in it, along with bitcoin and ether, he said in October. Musk sees dogecoin as the best cryptocurrency to transact with.
"Fundamentally, bitcoin is not a good substitute for transactional currency," Musk told Time Magazine after being named Time's 2021 Person of the Year. "Even though it was created as a silly joke, dogecoin is better suited for transactions."
Shareholders press Facebook for governance changes
Facebook is facing more calls from shareholders to address harm on its platforms and overall governance as the company, now known as $Meta Platforms (FB.US)$ responds to pressure from lawmakers and others.
The resolutions filed by the shareholders include calls for board oversight of efforts to reduce harmful content, an assessment of the risk of the company's metaverse efforts and a review of the social media company's audit and risk committee, according to the Investor Alliance for Human Rights, an initiative of the faith-based investor group Interfaith Center on Corporate Responsibility.
SoftBank poised to complete first Spac deal with AI robotics company Symbotic
$Softbank Holdings (LIST2558.US)$ is set to complete its first Spac merger by taking public a Walmart-backed artificial intelligence robotics company in a deal valued at $5.5bn. Symbotic, an AI start-up that focuses on improving supply chains for retailers, will merge with SVF Investment Corp 3, a Spac sponsored by SoftBank, the two companies said on Monday.
The blank-cheque merger is the first of its kind for SoftBank, which has raised multiple Spacs and has been hunting for suitable private companies to take public.
Source: Bloomberg, WSJ, CNBC, Financial Times
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$Netflix (NFLX.US)$ cannot handle a streaming slowdown. They need to diversify their business model if they want to be relevant for decades just as Disney is. $Disney (DIS.US)$ Comcast and HBO Max would survive. In general, I see Netflix, Disney becoming the top 2 with HBO in third. there is still room for Peacock and Paramount+ but mergers might happen regardless. $Apple (AAPL.US)$ TV and $Amazon (AMZN.US)$ both don't really count since they are just pieces of their walled garden.
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$Alibaba (BABA.US)$ $PDD Holdings (PDD.US)$
Should you price by value, growth or cycle? The penetration rate of e-commerce B2C in China is already very high, and the industry lacks growth. Income and profit may fluctuate together with macro data. It may be appropriate investment opportunity when BABA's P/E ratio reaches hundreds or negative, but BABA is the most promising one for e-commerce stocks. Maybe pairing trading BABA and PDD is a good strategy, but the volatility of BABA and PDD is too high and the leverage of pairing trading is too low. Maybe customizing the Asian option BABA and PDD spread is more operable.
Should you price by value, growth or cycle? The penetration rate of e-commerce B2C in China is already very high, and the industry lacks growth. Income and profit may fluctuate together with macro data. It may be appropriate investment opportunity when BABA's P/E ratio reaches hundreds or negative, but BABA is the most promising one for e-commerce stocks. Maybe pairing trading BABA and PDD is a good strategy, but the volatility of BABA and PDD is too high and the leverage of pairing trading is too low. Maybe customizing the Asian option BABA and PDD spread is more operable.
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Can we ride on the coattails of star institutions to the moon? Moomoo app allows us to see the positions of top funds based on 13F filings (Quotes > Explore > Star Institutions). Compared to retail investors, institutional investors (sovereign funds, hedge funds, mutual funds, insurance companies, pension funds, etc) have the advantage of immense capital, teams of dedicated analysts and connections retail investors can only dream of. They may be aware of information that retail investor are not aware of or get the information earlier and they can influence the price of a stock due to the size of their trades. Thus, the positions they take can serve as a useful clue of which stocks are undervalued or overvalued.
$ARK Fintech Innovation ETF (ARKF.US)$ $ARK Innovation ETF (ARKK.US)$ $ARK Autonomous Technology & Robotics ETF (ARKQ.US)$ $ARK Next Generation Internet ETF (ARKW.US)$ $Vanguard S&P 500 ETF (VOO.US)$ $SPDR S&P 500 ETF (SPY.US)$ $Apple (AAPL.US)$ $Alphabet-C (GOOG.US)$ $Alphabet-A (GOOGL.US)$ $Tesla (TSLA.US)$ $Meta Platforms (FB.US)$ $Netflix (NFLX.US)$ $NVIDIA (NVDA.US)$ $Amazon (AMZN.US)$ $Advanced Micro Devices (AMD.US)$ $Lucid Group (LCID.US)$ $Berkshire Hathaway-A (BRK.A.US)$ $Berkshire Hathaway-B (BRK.B.US)$ $Tiger Global Holdings (LIST2121.US)$ $BYD Co. (BYDDF.US)$ $Alibaba (BABA.US)$ $DiDi Global (Delisted) (DIDI.US)$ $PDD Holdings (PDD.US)$ $Temasek Holdings (LIST2536.US)$ $Snowflake (SNOW.US)$ $Microsoft (MSFT.US)$ $TAL Education (TAL.US)$
Having said that, institutional investors are not infallible. They have made their share of costly mistakes because they too cannot predict the future (the regulation in China against the private education sector was a prime example $New Oriental (EDU.US)$ which caught institutional funds like Temasek Holdings by surprise).
Most importantly, the structuring of one’s investment portfolio should be guided by one’s investment objective, financial needs, time horizon of investment and risk profile which would not match those of institutional investors. What is a suitable investment for the fund may not be suitable for oneself due to differences in the depth of the pocket and exposure to risks, among others.
In addition, the information from 13F may be too late for retail investors to leverage on as the price may have changed since the trades. It also does not tell us the whole story; for instance, institutional funds may take up long positions as a hedge against short positions.
While we all desire our investments to fly to the moon, the positions of star institutions should be used with care; it should be one of many things to consider as part of our research rather than something to be followed blindly.
Disclaimer: The above is my personal opinion. It is not financial advice or a recommendation to invest. Please consult a financial advisor before making any investment decision.
Check out Long Term Investment - A Strategy For Growing Returns Without Sleepless Nights https://www.moomoo.com/community/feed/107495017873414?lang_code=2
$ARK Fintech Innovation ETF (ARKF.US)$ $ARK Innovation ETF (ARKK.US)$ $ARK Autonomous Technology & Robotics ETF (ARKQ.US)$ $ARK Next Generation Internet ETF (ARKW.US)$ $Vanguard S&P 500 ETF (VOO.US)$ $SPDR S&P 500 ETF (SPY.US)$ $Apple (AAPL.US)$ $Alphabet-C (GOOG.US)$ $Alphabet-A (GOOGL.US)$ $Tesla (TSLA.US)$ $Meta Platforms (FB.US)$ $Netflix (NFLX.US)$ $NVIDIA (NVDA.US)$ $Amazon (AMZN.US)$ $Advanced Micro Devices (AMD.US)$ $Lucid Group (LCID.US)$ $Berkshire Hathaway-A (BRK.A.US)$ $Berkshire Hathaway-B (BRK.B.US)$ $Tiger Global Holdings (LIST2121.US)$ $BYD Co. (BYDDF.US)$ $Alibaba (BABA.US)$ $DiDi Global (Delisted) (DIDI.US)$ $PDD Holdings (PDD.US)$ $Temasek Holdings (LIST2536.US)$ $Snowflake (SNOW.US)$ $Microsoft (MSFT.US)$ $TAL Education (TAL.US)$
Having said that, institutional investors are not infallible. They have made their share of costly mistakes because they too cannot predict the future (the regulation in China against the private education sector was a prime example $New Oriental (EDU.US)$ which caught institutional funds like Temasek Holdings by surprise).
Most importantly, the structuring of one’s investment portfolio should be guided by one’s investment objective, financial needs, time horizon of investment and risk profile which would not match those of institutional investors. What is a suitable investment for the fund may not be suitable for oneself due to differences in the depth of the pocket and exposure to risks, among others.
In addition, the information from 13F may be too late for retail investors to leverage on as the price may have changed since the trades. It also does not tell us the whole story; for instance, institutional funds may take up long positions as a hedge against short positions.
While we all desire our investments to fly to the moon, the positions of star institutions should be used with care; it should be one of many things to consider as part of our research rather than something to be followed blindly.
Disclaimer: The above is my personal opinion. It is not financial advice or a recommendation to invest. Please consult a financial advisor before making any investment decision.
Check out Long Term Investment - A Strategy For Growing Returns Without Sleepless Nights https://www.moomoo.com/community/feed/107495017873414?lang_code=2
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