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Sze How Ng Private ID: 70563328
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    $Apple (AAPL.US)$
    Flush with cash, Apple Inc. (AAPL) has been repurchasing shares of its stock as a means of trying to boost the share price and provide shareholder value. This may also be seen as a sign by some that the tech giant views the potential return on its stock as a better investment for its money than reinvesting back into the business.
    It's hard to argue with Apple's strategy. Shares of the tech giant gained more than 35% over the last year (as of September 2021) as it continues to sell iPhones at scale. However, Apple certainly isn't the norm on Wall Street, and analysts continue to ask the question: Are corporate stock buybacks a good thing?
    One of 4 Choices
    For corporations with extra cash, there are essentially four choices as to what to do:
    1. The firm can make capital expenditures or invest in other ways into their existing business.
    2. They can pay cash dividends to the shareholders.
    3. They can acquire another company or business unit.
    4. They can use the money to repurchase their shares—a stock buyback.
    Similar to a dividend, a stock buyback is a way to return capital to shareholders. A dividend is effectively a cash bonus amounting to a percentage of a shareholder's total stock value; however, a stock buyback requires the shareholder to surrender stock to the company to receive cash. Those shares are then pulled out of circulation and taken off the market.
    $SPDR S&P 500 ETF (SPY.US)$
    Hello traders,
    I hope you are well. Next few days look choppy to me. Are we going to end Sept on a high note or take a dip?
    In my opinion, we're going sideways for a bit before we do anything, but I think we could actually still move higher, of course anything can happen.
    The last few sessions after the rip higher, there's been significant drop in volume . The price action has been somewhat muted, and the $SPY bumped it's head on the daily POC Monday.
    Highest relative volume was seen on a green candle 5min small muted rally into the close (not much freedom of movement), but mostly red volume across the day. So, are we looking at a big drop? Are people actually worried about delta and Everglade and everything the media has been pumping? I'm not so sure... the big whale buys seemed to be after the dips.
    Anyway, I wanted to share that I noticed this little pattern on my chart, could be some technical correlation..
    Good luck and be well,
    Cheers.
    $MP Materials (MP.US)$ When you correct 55% from your highs, you need time to build that base. That's what $MP is doing.
    She is getting there.
    Failed a breakout attempt early August and is now trying to base again with rectangle trading range under 50 MA.
    Not ready yet but one to continue to watch.
    $SPDR S&P Retail ETF (XRT.US)$ Previously XRT was making lower highs. This is somewhat bearish. It feels like I have no other options.
    The retracement could be a short lived reaction to the sudden dip. People reentering the market. Delta or inflation concerns could put a damper on retail driving drops
    $Alibaba (BABA.US)$ The U.S. will raise interest rates next year, and it will basically fall below 100
    2
    $MEITUAN-W (03690.HK)$ Meituan is very strong today. Yesterday, I talked about a 30-minute long trend. Even after the opening retracement, it is still long. But for today, the rise may be slightly weak.
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    $TENCENT (00700.HK)$ The repurchase amount has reached a record high. How long will it last?
    $E-mini S&P 500 Futures(DEC4) (ESmain.US)$ Good short entry point with 1:7 RR, use tight stop loss as shown in the picture, close before 5 Oct regardless of the result. NFA
    $Gaotu Techedu (GOTU.US)$ All Chinese stocks have been getting hammered lately. It is safe to say that the Chinese market are currently in a bear market and scary as it may seem the US stock market might be next. Regardless of that, GOTU might pump for a little bit. It will be tough for GOTU to get out of the current bear trend but its showing signs that it wants to get out. currently it double bottom. I would not but options on this stock only shares and build a position on this stock by selling options.
    2
    $Apple (AAPL.US)$ This market entered the correction in daily time after hitting 5 waves and this correction can be formed in the form of 3 ABC waves, now wave A is completed and wave B and wave C can move according to the analysis.
    1