NewPower
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Against almost ALL prediction from the so called experts, the US economy is growing from strength to strength. The more pessimistic from the so called economists, the stronger the US economy. This is what is happing since forth quarter last year.
U.S. Payrolls Increased By 336,000 in September, Much Higher Than Expected
I said it since end of last year: Recession? Where is the RECESSION??? From experience, when almost 100% of the so called experts so convincingly proclaimed there will be recession next year, it will be quite safe to bet against it. Remember it is the minority that will be winners in the stock market.
U.S. Q2 GDP Rose 2.4%, Topping Expectations Despite Recession Calls
At the end of last year, ALL the so called experts screaming Recession for US this year. I can't help but ask: Recession? WHERE IS THE RECESSION???
U.S. Futures Expand Losses As Strong Jobs Data Points to More Fed Tightening
US economy just getting stronger and stronger. It is funny to see the so call experts eg Wong KH still continue trying to brainwashed is about the immenent recession [LOL]
U.S. Nonfarm Payrolls Jump 339,000 in May, Unemployment Rate Increases to 3.7%
US economy is strong......
U.S. Economy Adds 253K Jobs in April, Unemployment Drops to 3.4%
brainwashing us with the so called China opportunity due to strong economy recovery. The reality proved the otherwise. Moral of the lesson: Buyer Beware!!!
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Despite all the naysayers keep on brainwashing us with the talk of inevitable recession due to US bad economy conditions, times and times again, the figures keep showing otherwise, the US economy is indeed and proving to be the most resilient and vibrant economy of the world, with the next power engine of growth coming from the likes of ChatGPT. On the other hand, the media and the so called experts eg. Dr W and AK keep on
Private Payrolls Surged By 296,000 in April, Much Higher Than Expected, ADP Says
@Alvin 邹咏翰 @Adam Khoo When the investment in Alibaba was brought up; in response, Munger noted that investment in Alibaba was “one of the worst mistakes I ever made.” He adds, “I never stopped to think [Alibaba] was still a retailer. It’s going to be a competitive business.”
For semi-conductor stock, TSMC is always my top choice giving its dominance in high end chips (TSMC supplies 92% of the world most advanced chips of 7nm and 5nm) and is the world most valuable semiconductor company. My confidence in this stock remains strong giving the very positive earning outlook from the management recently. Although I am pessimistic with the current stock market (I personally believe the stock market can drop another 10 to 15%), I will begin to buy the dip in TSMC (starting small) and continue to buy more if drop further. This is because these few days there are too many negative news around this stock which in my opinion presenting a good buying opportunity eg. Samsung beats TSMC to mass produce 3nm chips (the fact is Samsung still far behind TSMC in term of the produ
My trade plan today is take a short break. I am highly suspect that today is another dead cat bound however the momentum is weak and their might be another round of rebound on next Tuesday. I will take a short position when the rebound momentum is strong and buy back during a sea of red. To be clear I am pessimistic about the market based on two main factors: First the inflation might reach another new high due to supply chain disruption (especially the zero COVID polycy in China) and increasing the interest rate and lower money supply is targeting on demand side. Secondly the war will continue accelerated the high oil price and food shortage thus causing even more inflation pressure. My current trade plan is short during strong rebound and buy back during a sea of red.
Happy 8th anniversary Tiger. I still remember the day my best friend recommended me to use Tiger because it is more user friendly and cheaper in fee. Moreover we can earn tigr coins to exchange for stock vocher and commission free card. I joined and not only me getting the free stock my friend got prize too. Since then had been using Tiger to trade US stocks the experience is good 👍 and I will definitely use Tiger for a long time to come 😊.
My plan today is to buy gradually during market correction. Besides my 3 babies Apple, Tesla and TSMC, I will also pay attention to growth tech stocks eg. Palanthir. History taught us buying gradually (3 to 4 times) during market correction is a safer bet. For example Robinhood is now around $11 dropping from all time high of $85. Buy good stocks during market low and hold until the stock is overprice (when the reasons for buying is disappear) is my investment philosophy. Cheers!
Trade very cautiously both in the stock market and cryptocurrency. Historically there were a few times Bitcoin crashed to almost 90%. For stocks, Dow Jones had shown multiple divergence since 6 months ago. Divergence in the bull market represents that the bull is losing its momentum although it does not means it is coming down anytime soon. What this means is don't get too complacent, make calculated risk with our investment and keep tracking and studying so that we will be aware whenever their is a major shift in the market trend and dynamic. Cheers!
A Stock Market Crash Is Coming: 5 High-Conviction Stocks to Buy Hand Over Fist When It Happens
The stock market seems like about to turn bearish soon. Be very cautious and profit take or put stop loss if possible. The upside seems limited. Better to stay at the sideline and stay cash. Cheers!
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In my opinion, S&P 500 had reached the selling zone (4200 to 4400) indicating possible correction around 10 to 15% in the coming months.During the last global financial crisis 2008 as well as Covid-19 last year, the bull market had been triggered by monetary policy by Federal Reserve (interest rate near to zero & Quantitative Easing) and fiscal policy (stimulus packages by US government). Thus the biggest worries for market now is the possible increase in interest rate (due to high inflation rate) and the slow down in bond buying by the Federal Reserve (due to good economy data). The market also worry about Republican party resistance to the Biden's fiscal policy. Therefore if the market correction did occured, all these worries by the market can
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Tesla is definitely one of the 3 stocks that I am willing to buy and hold. The recent turbulence in Tesla share price was partly caused by the incidents in China that affected sales in April. However their are many reasons that the Chinese government still needs Tesla in China (or even hoping Tesla will expand its factory in Shanghai) and the rising sales figures in May showed that the problems Tesla faced in China is temporary settled. Tesla is also making it's manufacturing globally with the impending factories In India and Russia. With it's expertise and technology far ahead of its competitors, I really can't see any challenger for Tesla. Cheers!
EV Stocks: What You Should Buy and What You Should Sell
Their is good chance that the US GDP growth this year will exceed that of China. I personally believes US GDP this year will be around 8% while China is targeting over 6% this year. The main reason being while US had made mistakes handling the pendemic (US CDC slow in testing, not wearing masks etc), President Trump had made all the right decisions economically eg. stimulus packages especially saving the SMEs thus saving jobs. On the other hand, China had been strong in handling the pendamic but China had not save the SMEs causing permanent job lost. Thus the recovery in US will be robust while in China will be moderate. Cheers!
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The stock market just entering the second stage of bull market which can last from 9 months to 2 years. I am still expecting 10 to 20% correction during this stage of bull market. Be patient and wait for the right time to buy stock. I believe the bottom has not come yet and might be the calm before the storm. The current meme stocks euphoria might be one indication of the upcoming market correction. Be accountable with our own trade and cheers!
The S&P 500 would be below 1,600 without these 3 pillars and those supports are now weakening
I am bullish with the long term prospect of Apple and in my opinion Apple is the best 5G stock to buy and hold. I am also confident with the Apple EV and autonomous car considering Apple will have the best combination of hardware (partnering with major carmarker) and software (IOS). The other stock I am bullish long term is TSMC since Semicondutor s are the 'new oil' and TSMC is the leader and world's largest semiconductor foundry, well ahead of its only two competitors (Samsung and Intel). I will buy and hold TSMC for long term. Cheers!
Where Will Apple Stock Be In 10 Years? What To Consider
I am bearish with the short term price movement of cryptocurrencies eg. bitcoin and dogecoin. The reason being the uptrend prices rise too steeply causing many investors especially the newbies being trapped (they will be readily liquated their holdings when prices rise). Another reason being the downward price movement is too impulsive causing many leverage positions being closeout. It is slightly better for ETH. However the best case scenario in short term is for ETH to go sideways with strong support at 1900. Be accountable with our own crypto trade, trade cautiously and trade only with money you afford to lose. Cheers!
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