How the Six-Day China Rally Stacks Up to Other Major Market Events* Fueled by aggressive economic stimulus package, an amazing run-up occurred in China equities ahead of PRC National Day. The streak continued when the market reopened after a one-week break. On October 8th, 4,976 stocks opened up by 9% or more; only 5 stocks opened down. All in all, benchmark index CSI300 posted a 32% gain in SIX trading DAYs. The amount of time taken for the US market to rebound 3...
10baggerbamm
102329055
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are you kidding me I got news for you if China does not stimulate again the economy in a very big way Monday you're going to lose BIG%, it's going to be a gap down before you can even get out. if they do this monster gargantuan stimulus that's was supposedly going to happen on Monday if they do that on Saturday then it's an enormous Gap up on Monday morning it won't be as high as the last leg up the first time and that's because the first time you had huge shorts in the marketplace but you will see about a 50% retracement of what the former high was to the recent sell off the lows this week
US Market Key Charts (S&P, US Dollar, Gold) $E-mini S&P 500 Futures(DEC4) (ESmain.US)$(4 Hour Chart) -[BEARISH ↘ **]View unchanged. We maintain our bearish directional bias as price is now back to holding below 5580 resistance, a push lower towards 5405 support is expected. MACD indicator is still within bearish territory, showing that bearish momentum is still persistent. Alternatively: A 4 hour candlestick closing above 5580 resistance will open a pu...
PPI y/y and m/m declined further. PPI -0.7% m/m, with a -0.6% input prices and producer prices for consumption goods remained at 0%. The weaker PPI numbers are influenced by insufficient market demand and falling prices for certain international commodities, NBS said. Month-on-Month Analysis: PPI dropped by 0.7%, widening the decline by 0.5 percentage points compared to the previous month. The prices of producer goods fell by 1.0%, with a 0.7 percentage point increase i...
Fueled by aggressive economic stimulus package, an amazing run-up occurred in China equities ahead of PRC National Day. The streak continued when the market reopened after a one-week break.
On October 8th, 4,976 stocks opened up by 9% or more; only 5 stocks opened down. All in all, benchmark index CSI300 posted a 32% gain in SIX trading DAYs.
The amount of time taken for the US market to rebound 3...
Securities & Brokerage: $HTSC (06886.HK)$ $CMSC (06099.HK)$
Gaming Software: $NTES-S (09999.HK)$ $XD INC (02400.HK)$ $NETDRAGON (00777.HK)$
Digital Solutions: $TENCENT (00700.HK)$ $TRAVELSKY TECH (00696.HK)$ $CHINASOFT INT'L (00354.HK)$
Online Retailer: $BABA-W (09988.HK)$ $MEITUAN-W (03690.HK)$ $JD-SW (09618.HK)$
Insurer: $PING AN (02318.HK)$ $AIA (01299.HK)$ $CHINA LIFE (02628.HK)$
Telecommunication: $CHINA MOBILE (00941.HK)$ $CHINA TELECOM (00728.HK)$
...
Could we perhaps expect to see similar partnerships with EV charging infrastructure operators and traditional gas stations in the West?
$China Petroleum & Chemical Corporation (600028.SH)$ $SINOPEC CORP (00386.HK)$ $BYD Company Limited (002594.SZ)$ $BYD COMPANY (01211.HK)$ $XPENG-W (09868.HK)$ $XPeng (XPEV.US)$ $Tesla (TSLA.US)$
Nio enters charging partnership with China's oil giant Sinopec
There was HKD665.2 million and HKD192.3 million Southbound Trading net outflow from $MEITUAN-W (03690.HK)$ and $TENCENT (00700.HK)$ .
For $SH->HK Connect (GangGuTong.HK)$ , $BABA-W (09988.HK)$was the most active stock with highest net inflow of HKD470 million...
$E-mini S&P 500 Futures(DEC4) (ESmain.US)$(4 Hour Chart) -[BEARISH ↘ **]View unchanged. We maintain our bearish directional bias as price is now back to holding below 5580 resistance, a push lower towards 5405 support is expected. MACD indicator is still within bearish territory, showing that bearish momentum is still persistent.
Alternatively: A 4 hour candlestick closing above 5580 resistance will open a pu...
Month-on-Month Analysis:
PPI dropped by 0.7%, widening the decline by 0.5 percentage points compared to the previous month.
The prices of producer goods fell by 1.0%, with a 0.7 percentage point increase i...
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