Chinese stocks may have more upside than consensus thinks
Trumphoria is gripping markets — everyone expects a repeat of the 2016 bull run when Trump first got elected.All the obvious beneficiaries of a Trump presidency have been rallying, while some of the obvious losers have been punished.Conventional wisdom says one “obvious loser“ (i.e. China A-Shares) will suffer under the second coming of Trump, with the prospect of more tariffs, trade-wars, and tough negotiations hanging overhead.The logic is that trade war 2.0 risk and a generally hawkish geopolitical tone across the incoming Trump administration will present further challenges for an already ailing Chinese economy.And there’s probably some truth in that — it’s going to be: not-boring.As things stand right now, China is in the middle of its worst property downturn on record, local governme
1. $Luckin Coffee Inc.(LKNCY)$ Luckin Coffee should no longer be trading as an OTC. It should be back as an ADR again after it addressed its accounting issues and has already recovered ALL of its losses since the issue erupted. Either that or list shares in HKEX Group, then join the Stock Connect program. It's like US investors never having been able to invest in $Starbucks(SBUX)$ Image2. $Kingsoft Cloud Holdings Ltd(KC)$ Kingsoft Cloud flying under the radar in China's explosively growing cloud computing and AI market. Company just got an upgrade from CICC today with TP raised 71% to $6/share. That's about a 50% upside from Tuesday's ADR close. Image3.
13 Nov Market Early Session Momentum Disappear. Can It Return Today?
We saw stocks movement have a good start on Wednesday (13 Nov) after the closely watched Fed Consumer Price Index (CPI) report show that the consumer price index (CPI) rose 0.2% in October for the fourth straight month and advanced 2.6% on an annual basis, the Labor Department's Bureau of Labor Statistics said. Excluding the volatile food and energy components, the CPI increased 0.3% in October, meeting economists' forecasts. While annual inflation came in at 2.6%, with both numbers in line with economists' estimates. The data helped reinforce expectations that the Fed will cut rates again at its policy meeting in December, but it was not enough to sustain and boost investor sentiment throughout the session. DJIA and the S&P 500 ended slightly higher on Wednesday while the Nasdaq lost
Alibaba (BABA) International Ecommerce Might Contribute More To Earnings
$Alibaba(BABA)$ is scheduled to report its fiscal second-quarter 2025 earnings on 15 Nov 2024 before market open. BABA is expected to report net profit of 26.49 billion yuan, equivalent to $3.66 billion, for the three months ended September, that would be lower compare with net profit of 27.71 billion yuan a year earlier and 24.27 billion yuan in the June quarter. Second-quarter revenue was likely 238.49 billion yuan up from 224.79 billion yuan a year ago but lower than 243.24 billion yuan in its first quarter. Earnings per share forecast is expected to come in at $2.05. The likely reason why revenue might be up but profit drop is because BABA account for heavy spending to improve the user experience on its Taobao and Tmall platforms. Effect Of Ma
A quick recap before jumping into today’s post. On 01 Sep 2024, I have shared about closed end fund (CEF) - $Destiny Tech100 Inc(DXYZ)$. Click here !to refresh your memory. At the time of writing, its price was $13.03 per share. Fast forward to post US president election, $Tesla Motors(TSLA)$ is getting a Trump bump. It has gained nearly +41.59% in the stock price since Wed, 6 Nov 2024. (see above) It is now trading above its 25 August 2022, stock split price of $300 for the very first time. Surprisingly, it is the Destiny Tech 100 fund with a 38% stake of its
For Singaporeans, buying lottery tickets is a part of daily life, and they truly dedicate time and effort to queue up for them. Whether young or old, people stand in long lines to buy tickets, even waiting all night to do so.1. Have you reached the average amount that Singaporeans spend on lottery tickets?Singaporeans are the world’s number one when it comes to love for the lottery! In the 2019 World Lottery Yearbook, it was reported that Singapore spends $5.41 billion (about SGD 7.1 billion) annually on lottery tickets. This amounts to $935 per person (about SGD 1,240), far exceeding the $798 per person in Massachusetts, USA, which ranks second globally.2. Why are Singaporeans so obsessed with the lottery?The odds of winning are high, and the prizes are also huge!On October 21, 2024, Sing
Greg’s interview with New Zealand Herald’s Madison Reidy published this morning. See link to article below to access the video. https://www.nzherald.co.nz/business/all-the-trump-trades-bitcoin-big-tech-banks-and-bets/HRVXKUFSYVAXNHQXGMMFLQ2TIQ/ All the Trump trades: Bitcoin, big tech, banks and bets
Everything You Should Know Before Grab Q3 Earnings
$Grab Holdings(GRAB)$ GRAB is the dominant ride-hailing and food-delivery player in Southeast Asia. The platform provides a wide range of services, including ride-hailing for transportation, food delivery to satisfy cravings, as well as ventures into e-commerce and various fintech solutions. The company is expected to release Q3 2024 earnings report on 2024/11/11 ET after bell. As the company's core business, deliveries accounted for over 50% of the revenue in Q1, with mobility close to 40%. The profit growth and contributions of these segments have attracted widespread market attention. Market expectations for the Q3 2024 financial performance of the company are as follows: The company is projected to achieve a revenue of $699.83 million, represe
Paramount Q3 2024 streaming profit, but slow TV and studio struggles pressure
$Paramount Global(PARA)$ As of November 9, 2024, Paramount Global has released its Q3 2024 earnings report. Here's a summary of the key financial highlights from that report: Paramount Global Q3 2024 Earnings Report Summary: Total Revenue: Paramount reported $7.6 billion in total revenue for Q3 2024. This represents a slight decline compared to the same period last year, driven primarily by weaker-than-expected performance in its advertising segment and higher content costs. Net Loss: The company posted a net loss of $0.9 billion, or $1.05 per share, compared to a net loss of $0.4 billion for Q3 2023. The increased losses are largely attributed to the continued investment in streaming and content creation, particularly for its Paramount+ platform.
Toast, Inc. (TOST) operates a cloud-based digital technology platform for the restaurant industry in the United States, Ireland, and India. The company offers software products for restaurant operations and point of sale. In addition, the company offers payroll and team management. Further, it offers reporting and analytics, Toast shop, and Toast partner connect and application programming interfaces. The company was formerly known as Opti Systems, Inc. and changed its name to Toast, Inc. in May 2012. Toast, Inc. was incorporated in 2011 and is headquartered in Boston, Massachusetts. TOST May 2024 Weekly Chart TOST May 2024 Weekly Chart TOST completed a grand super cycle in 2012 reaching a share price of $69.93. We called this high wave ((I)). From here, th
What are Penny Stocks? Penny stocks, occasionally referred to as “micro-cap” or “nano-cap” stocks are low-value stocks representing smaller companies traded on the stock market. Usually, they’re offered by companies that are either still in a developmental stage or companies that just offer one or two different products. As the name suggests, these stocks are often priced under $ 5 per share — making them much more accessible to new penny stock investors or those with less capital. There is less regulation in the penny stock market. Unlike the big national exchanges where there’s a high amount of regulation, penny stocks aren’t held to the same standards. Because of this, there can be a lot of fraudulent information out there about these stocks, so it can be hard to discern what’s true and
$Dollar Tree(DLTR)$$Dollar General(DG)$ Today we cover the Dollar company, there are now over 36,000 dollar stores across the U.S.—more than one for every 10,000 people. These retailers have long been favorites on Wall Street, with Dollar General and Dollar Tree standing out as top performers during the Great Recession of 2009 and 2010. Between 2008 and 2022, the stock prices for both Dollar Tree and Dollar General surged over 1,500%, significantly outpacing the S&P 500. However, in the past two years, both companies’ stocks have sharply declined, and the near-term outlook remains uncertain. After decades of strong growth, the number of stores has increased by about 50% in just the last decade, creatin
$Monday.com Ltd.(MNDY)$ Earning Overview In the Q3 2024, $Monday.com Ltd.(MNDY)$ revenue reached $251 million, marking a 33% increase from the previous year. The company reported a GAAP operating loss of $27.4 million (an 11% negative margin), a deeper loss than the $2.5 million from the prior year. However, on a non-GAAP basis, operating income was $32.2 million with a 13% margin, consistent with last year’s margin. The GAAP net loss per share was $0.24, down from a net income per share of $0.15 in the same quarter last year. Non-GAAP net income per share rose to $0.90 (basic) and $0.85 (diluted), up from $0.68 and $0.64, respectively, a year ago. Cash flow from operations totaled $86.6 million, with fre
$Walt Disney(DIS)$ Over the past five years, Disney's stock has under performed, dropping 36%, and it is currently trading at levels similar to 2014. Despite a profitable direct-to-consumer business, growing free cash flow, dividends, and stock buybacks, the stock continues to decline. Many shareholders are frustrated, with varying opinions about the stock's future. Earning Overview In a recent earnings report, Disney exceeded expectations with a beat on earnings and revenue, but the stock still dropped due to weaker-than-expected performance in domestic theme parks. The slowdown is attributed to broader consumer challenges, including inflation and increased living costs, which have impacted spending on leisure activities. Despite this, Disney cont
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§Last week, Trump won the presidential election, pushing yields to their highest since early July. OIS forwards are pricing in a less dovish path for Fed policy than JPM's revised forecast. Despite this suggesting a good opportunity to add duration, the momentum towards higher yields remains strong. §Trump’s victory could lead to more expansionary fiscal policies in the future. He is likely to extend most of 2017’s Tax Cuts and Jobs Act and will raise some tariffs. As such, growth and inflation is postulated to be marginally higher in the near-term and fiscal debt-to-GDP ratio will continue to rise. While Trump’s trade policy is a wild card, it is unlikely to be a universal tariff hike, instead it will be staggered and will not be levied on goods where cost to US firms and consumers will b
$Realty Income(O)$ Following the results of the presidential election, the market saw a significant rally on Wednesday, with oil, tech, and financial stocks, among others, soaring on the news of Trump’s victory. However, Realty Income was one stock that didn’t benefit from the surge. While most of the market was climbing, Realty Income’s stock dropped over 4.5% at times, making it one of the few major losers that day. Although REITs generally had a rough day, Realty Income’s performance was notably weaker than the average in this sector. The Federal Reserve made its first interest rate cut on September 18th, benefiting REITs, as they generally perform better with lower interest rates. Following this announcement, Realty Income’s stock had been trendi
Wondering what’s next for the stock market? $.DJI(.DJI)$$.SPX(.SPX)$$.IXIC(.IXIC)$$STI.SI(STI.SI)$ 📈 In this video, we dive into the latest technical analysis of the Dow Jones, S&P 500, Nasdaq, and Singapore's STI, as they reach new record highs! Join me as we explore key trends, support, and resistance levels, and uncover the market drivers pushing these indices toward potentially even greater gains in 2025. With interest rate cuts on the horizon and a renewed focus on economic growth, this could be the start of a bullish year ahead! 🚀 Download my FREE report here >> https://bit.ly/JoeysTradingReport @ti