Been a while since I contributed. Before we go all bullish or bearish or pigish, or apeish, let's call these two charts to attention. First is bankruptcy filings which have already soared To GFC levels. The economy has fractured. It just takes time to be realised by the market. Typically a lag before it shows.  Next, we have the S&P500. 7 of the top stocks in this basket are responsible for a 50% push. The rest of the 493 are nearly flat for the year. The Wall Street phrase goes - when the generals lead but the soldiers don't follow, beware.  The Fed has no choice but to hike more as energy prices are just too high. The only way to bring down prices is to hike till demand is starved off. Something will fracture. If not this quarter, perhaps the next.  The yield curve inv

JPY making a bullish move, if it breaches 129.5, it will target 126.45 to the USD before making a decision.

$SoFi Technologies Inc.(SOFI)$back in $SOFI. Good discount, given the excellent results. 

$Occidental(OXY)$This is OXY dating back to 2012. The top trendline has been respected. It touched it briefly just on 31 May, and the dailies on the next chart showcases the classic H&S formation. See that most recent red candle slicing below the strong support at $57.12? I'd like to think that Buffett knows something we don't because the overall price action tells many of us out here he just disregarded his own axiom of buying "good companies at a fair price rather than fair companies at a good price". All we need is a gentle nudge and the waterfall begins.

And so it goes, now hitting 2.9%, and NDX makes its way lower again. Just watch the inverse correlation, right up till FOMC minutes are released at 2pm US time

$WUXI APPTEC(02359)$each time the price of Wuxi goes up, the proportion of short sellers increase. Watch the 10y yield closely. The bond market is pricing in a pivot. If that happens. The shorts will lose their shorts. 

$SENSETIME-W(00020)$expect this to bounce around here until market makes another low, which will take it down further 

$SENSETIME-W(00020)$short sellers covering at the same time after the stock has moved down so much. 

$SENSETIME-W(00020)$oooohhh baby baby

$SENSETIME-W(00020)$oolalalala, this is trying to find a bottom here as the leveraged weak hands get capitulated. 

$WUXI APPTEC(02359)$this wonderful business found strength in a weak market. A floor and then bounced and maintained levels. Some developments - https://www.globenewswire.com/news-release/2022/06/22/2466770/0/en/Sirona-Biochem-Contracts-WuXi-AppTec-to-Manufacture-Revolutionary-Anti-Aging-Anti-Wrinkle-Compound-for-Clinical-Trial.html Plus https://biospectrumasia.com/news/40/20615/wuxi-sta-opens-another-high-potency-api-plant-in-china.html

$SENSETIME-W(00020)$started nibbling. Can it fall further? Of course. Hence the nibble. This business is still growing. Debt has been reduced. Revenue growing well. It has recurring revenues, now with AI as a service, subscription models. I think there is scope for it to expand. My entry price HKD 2.58. If it goes to HKD2, I will double that amount bought. Then my last stop is HKD1 if it gets there. That will be triple the amount. 

$SENSETIME-W(00020)$someone please update the main shareholders of more than 25% holdings and have borrowed against holdings to buy properties esp when the price hit ATH HKD9.7 - the 2nd round of margin calls are around the corner. 

$SENSETIME-W(00020)$price is now entering the first zone of HKD2.50. Will it trigger? Lol make a guess peeps! 

$SENSETIME-W(00020)$https://pdf.dfcfw.com/pdf/H3_AP202203021550126947_1.pdfMarley Ngan and Bowen Li are you analysts from Merchant Bank who asked people to buy at HKD6.73 because their TP is HKD8.08 or a 20% upside. They published this in Feb this year despite a softening market and tech getting slaughtered. At HKD8.08, it is valued at 34x EV/sales. This is not extremely euphoric and optimistic. Right now at about HKD2.6, the EV/sales is just 11x which is far more reasonable. These two analysts need to review their models. Maybe the models are stored in a program called FOMO. Those who bought that up at that price are quite bruised. 

$SENSETIME-W(00020)$oohhh did you see it crater to HKD2.55 before trying to find a floor? Don't get sucked into this dip.... yet.

$SENSETIME-W(00020)$oohhhhhh the panic selling has hit LOVEEEEEEE ITTTTTTT