Hang Seng IndexLong
Hang Seng Index - are we really out of the woods ?
Only the few top hedge fund manager like David Tepper and Michael Bury has indicated their long positions in certain China stocks. While the government has been releasing various measures of different magnitude to boost the economy, it seems like dancing cha cha, 2 step forward, 3 steps backward. This definitely does not bode well for the retail investors world wide who took a contranian view of the market that is not investable.
A quick look at the weekly charts offer a glimpse of hope as we are now out of the bearish trend channel. The past weeks price action has been most encouraging with green candles showing every day. DeepSeek or DeepS**T depending on how you look at it, has definitely shake things up in the China tech stocks and took the big Tech boys in US to sit up straight!
Is this a decoy , a political move ? I dunno and probably would never be able to find out since as retail investors, all we can access to are secondary information available online. Some said what you read are crafted by the media to "brainwash" you so you would believe and put more money into the stock market.
To be fair, I think all media works the same, be it an advertisement or annual report or company announcements. That is why diversification is important! You just never know who is going to be the next Enron. And a little common sense would tell you not to plonk the entire kitchen sink into one stock or asset class no matter how much you believe in its growth story.
We are excited to see what measures the CCP would roll out in the month of March as they promised in late 2024 to help shore up its domestic economy. Let's wait and see
A quick look at the weekly charts offer a glimpse of hope as we are now out of the bearish trend channel. The past weeks price action has been most encouraging with green candles showing every day. DeepSeek or DeepS**T depending on how you look at it, has definitely shake things up in the China tech stocks and took the big Tech boys in US to sit up straight!
Is this a decoy , a political move ? I dunno and probably would never be able to find out since as retail investors, all we can access to are secondary information available online. Some said what you read are crafted by the media to "brainwash" you so you would believe and put more money into the stock market.
To be fair, I think all media works the same, be it an advertisement or annual report or company announcements. That is why diversification is important! You just never know who is going to be the next Enron. And a little common sense would tell you not to plonk the entire kitchen sink into one stock or asset class no matter how much you believe in its growth story.
We are excited to see what measures the CCP would roll out in the month of March as they promised in late 2024 to help shore up its domestic economy. Let's wait and see
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.