I used to live in Shanghai for a while. During that time, I hosted travelers visiting the city via Couchsurfing. One Christmas, my surfer S and I went out for Xmas dinner with a few other surfers at a Mexican restaurant. Towards the end of the dinner, S whispered to me that he had a present for me ... it's under the Christmas 🎄 I asked what was it. He said, "A present for you to find yourself." "I haven’t lost myself yet, so how can I find it." He replied, "Not everythi...
▪️ This week, Chinese tech companies Alibaba Group, Tencent Holdings, JD.com and Lenovo will provide a snapshot of China’s economy and consumer sentiment, as another sombre earnings season is expected in the region. ▪️ Investors who foresee volatility in their share prices leading up and on the back of this week’s earnings may wish to consider using warrants to leverage on potential share ...
A farmer once lost his watch in his barn amongst the hay. He searched and searched but could not find it and it was a watch that had been passed down through the generations. He desperately wanted to get it back. He recruited some children who were playing nearby to help, but none of them could find it either. After hours of trying, most of the children gave up. However one boy came up and asked the farmer if he could go back in the barn alone and try one more time. The farmer agree...
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Scorched earf
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I don’t need stupid jokes, but I do need to hit the Block button. Have a great life.
$Hang Seng TECH Index (800700.HK)$ Strong Open The Hang Seng and Hang Seng TECH Indices opened up with strong buying. Is it time for a rebound after a roughly 30% drop? Major Inflows in Chinese ADRs There was a huge inflow of capital towards Chinese ADRs at the end of the trading day on Friday last week. That inflow of liquidity was absorbed by Chinese equity markets as these tickers sold off the following trading day in china. I posted comments about this in the link...
Today was a big day for the largest tech companies, as they led the stock market to climb higher. The$Invesco QQQ Trust (QQQ.US)$, which tracks these big tech stocks, rose by 1.4%, while the$iShares Russell 2000 ETF (IWM.US)$, which includes smaller companies, increased by 0.7%.$Alphabet-A (GOOGL.US)$was a standout, with its stock rising due to excitement about a new AI product, which also triggered automated trading systems to buy more of these large company sto...
The latest Consumer Price Index (CPI) report showed that prices aren't rising as much as people thought they would. This news really excited the stock market, especially for certain types of stocks. These include stocks that do well when interest rates are low (like many tech and innovative companies) and stocks that a lot of investors were betting against. The market had a very strong day with lots of people buying and selling. The$NASDAQ (NASDAQ.US)$showed a b...
$Alibaba (BABA.US)$ My previous update on Alibaba still contains a lot of relevant information. I suggest checking out the link below to find out more detailed data on my thesis for Alibaba. Potential Reverse Head and Shoulders Pattern This potential reverse heading shoulders is still in play. If this candlestick formation completes, then it would be a very polished development in the long-term picture. Channeling Price Range This price channel that I mentioned in my previous...
102640653
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Thanks . Just to let u know . Alibaba n Tencent results are around the corner which may be the catalyst needed for it to move up much further. Last quarter results were above expectations n if this quarter results again above expectations then the picture will be changed to bullish. Along the way many brokerage houses set prices target above 110 plus which showed this undervalue because China economy not in favour yet. Good luck
102640653
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Looks like a new trend have been formed on hangseng n Shanghai . Waiting for Tencent updates . Looking for a strong uptrend in hongkong market to levels above 20500-21000 by end of year. If this trend is true n upcoming results from Alibaba , Tencent are strong. Good luck . When free can do a update on Tencent n hang Seng index too .
BABA Stock Forum
One Christmas, my surfer S and I went out for Xmas dinner with a few other surfers at a Mexican restaurant. Towards the end of the dinner, S whispered to me that he had a present for me ... it's under the Christmas 🎄
I asked what was it. He said, "A present for you to find yourself."
"I haven’t lost myself yet, so how can I find it."
He replied, "Not everythi...
▪️ Investors who foresee volatility in their share prices leading up and on the back of this week’s earnings may wish to consider using warrants to leverage on potential share ...
Strong Open
The Hang Seng and Hang Seng TECH Indices opened up with strong buying. Is it time for a rebound after a roughly 30% drop?
Major Inflows in Chinese ADRs
There was a huge inflow of capital towards Chinese ADRs at the end of the trading day on Friday last week. That inflow of liquidity was absorbed by Chinese equity markets as these tickers sold off the following trading day in china. I posted comments about this in the link...
The market had a very strong day with lots of people buying and selling. The $NASDAQ (NASDAQ.US)$ showed a b...
My previous update on Alibaba still contains a lot of relevant information. I suggest checking out the link below to find out more detailed data on my thesis for Alibaba.
Potential Reverse Head and Shoulders Pattern
This potential reverse heading shoulders is still in play. If this candlestick formation completes, then it would be a very polished development in the long-term picture.
Channeling Price Range
This price channel that I mentioned in my previous...
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