Per Reuters, Vietnam is poised to grow at 6.5% to 8% for 2025 target. This is much higher than China of maintaining at 5%. Does a higher GDP growth translate to one parking funds to this country? Let's take a look at the VNM ETF. We can see since 2010 it has been heading south and has not yet recovered. That is 15 years , a very long long time. Almost more than...
Yes, that is what the media wants you to believe. For God's sake, if they can predict the market moves , why are they where they are ? Haha......Negative news always attract people to read the news, ie. viewerships rate going up which translate to better revenue for the company. It's all about the money, who cares if the market goes up or down. So, with that as...
Now, from being ostracised by the Central government to being in the limelight after 3 years, we are now seeing Alibaba returning to stage once again and capturing the hearts of "love and hate" retail investors. Those who had bought it around 200 price level back then would be relieved in some way to see the share price slowly inching back to their purchase...
In today's inflationary environment, every cent counts and people are getting smarter and wiser when comes to traveling. I have heard of parents who plan their travels years ahead to enjoy the cheaper air fare, hotel fares and even exchanging the currencies along the way. A quick look on some of the popular Asian countries shows that Japan by far remain Singapore...
I first discovered this stock somewhere in November last year when my daughter and I were out shopping in town. We came across its retail shop in Orchard and went in to take a look. I have never seen such toys before and were amazed more by the crowd than anything. They were mostly teenagers and long queues were forming when we left. Days later, I went to a...
This is what I see on the chart so while I likes its growth story, I prefer to wait and see if Market would give me another opportunity to buy it cheaper. Not chasing the high price ......
From a hated market to one that is talk of the town , how long more will HSI enjoy this glorious moment? Will it short lived as shown on the chart ? In Jan 2023, it crashed more than 30% to 14, 696 before the government announced measures to prop it up. State banks and insurance companies were tasked to buy up the indices and interest rates were low to help them...
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...
Interest rates are coming down.....globally....... A quick look at this chart shows you are way off better putting some money in the these assets than earning the paltry interest at banks. Of course, crypto may not be everyone's cup of tea. But how about coffee? Many of you (not me, haha, I quitted drinking coffee) are coffee drinkers and yet have no idea the...
Debt as Robert Kiyosaki said can be a double edge sword. On a consumer level, if you have outstanding loan , say credit card debts , it is 24% per annum and paying the minimum would be disastrous. However, on a national level, the government has several tools to play around to minimise their debts. Thus far, I have not heard of any countries that are debt free....
www.cnbc.com Don't take what the analysts take on the earnings too seriously. You would notice some companies have great earnings and yet the share price falls and vice versa. Anyway, I am queuing at the buy zone. See you there
I could be wrong but I think Mexico has a weaker bargaining power over US in the tariffs matter. As such, I would expect its currency to weaken against the USD sooner/faster than the Canadian dollars. Day chart shows 20.83 resistance level - if this cannot be break up, then I expect it to falter and get shot down fairly soon. Please DYODD
When viewed from the monthly chart, I realised it takes approximately 4-5 years for the price action to reach the peak level, around 1.46. There are many comments online saying that Canada should counteract with imposing tariffs on its energy to US and so on. Who's right , who's wrong ? I also dunno. I am awaiting for a good opportunity to short this pair , how...
Looking at the monthly chart, we can see that this TOP developer in China with more than 3 decades of experience has finally succumb to its heels with mounting debts and internal management issues that remains unresolved. We already knew the State Government has said they won't be chipping in this time to help prop up the property sectors (not forgetting the...
From a weekly chart point of view, this pair presents the best risk reward ratio to buy into the strength of USD as against JPY, CAD, AUD, EUR, etc Please DYODD
Once the price action returns back to the bullish trend line, then this trade is stopped out else we have two targets to look at, a pretty good risk reward ratio.......
Now, first thing first, this SQQQ ETF is a 3x leverage short ETF, so do trade with caution and $$ you OK to lose completely. Next, the Nasdaq has YET to break down from the bullish trend line and even if it does, it could also quickly reverse back. You can make 3x profits AND 3x losses as well with SQQQ ETF. Please DYODD
I am of the opinion that the stock price is more likely to fall than continue going up. So, let's wait for the confirmation where the share price breaks down from the green bullish trend line. You can see the risk reward ratio is very attractive, using little capital for a good profit margin. We can also see after the peak on 11 July 2024, it has come down to a...