Chinese stocks drop to new lows with cheap valuation for a reason, where US stocks hit new high and hardly drops for a reason. Amod the low valuation & stimulus, Chinese stocks seem only did mild rebound and my guess is continuing to face south, due to internal crisis & growth issues it facing. Why we have to take risk to buy Chinese stocks for facing such a bigger risk? I would rather bet for a market and companies which are certain & do entire whole business without the restriction from others. As for the retracement, I believe no stock can goes up or goes down forever. Let's wait for a warm retracement for US market, shortlist the next potential theme, and get ready to make another round of money. Cheers.
I'm losing a lot money these few weeks due to weak market sentiment. I was reviewing how can I avoid it. It seems very difficult. The only thing I can do to mitigate it is to select the right stock and buy at the right price. If market suddenly turns bad, at least the loss can be mitigated, or have time to cut loss. Cheers.
The recent 25 points hike is expected by the mass. Hence, there won't be much impact in short run. For the finance sector, I believe necessary actions and precautions have been taken and it will be an end by now. As for the upcoming meeting, I expect no additional point will be added unless the upcoming inflation statistics are getting worse. Hence, Im betting it will be a brighter market in the coming months. Cheers.
alalalalong//@SR050321: I love these 3 local banks so far DBS have not given me profit, waiting it to go up beyond 36. My OCBC at the moment in red (paper loss) coz i sold to take profit n intend to buy back when it is low below 12, have not managed to buy again, but it is ok, i am happy with our banks so far $DBS GROUP HOLDINGS LTD(D05.SI)$ $UNITED OVERSEAS BANK LIMITED(U11.SI)$ $OVERSEA-CHINESE BANKING CORP(O39.SI)$ for OCBC and UOB gave me profit before. Will continue to hold them for long term passive
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@ChloeKeynes:$(MU)$improving structural trends’ driving an accelerated path to ‘supply/demand balance’ for memory, we are close to a cyclical bottom, w/ q1 potentially seeing the peak in inventories w/ fundamentals set to recover in the 2nd half of ’23. a cyclical q1 trough w/ structural improvement positions $(MU)$$(WDC)$$(STX)$ for upside w/ the shares 40%-50% below prior cycle peaks
Baidu $Baidu(BIDU)$ is an opportunity or sunset? With the launching of AI chatbot next month and good QR, but share price is falling fiercely. My view is the share price drops these few days is following the market sentiment for HSI Tech $HSTECH(HSTECH)$ and not really align with fundamental, amid it falls under AI theme. It should be a good buy in mid to long term in my opinion, as it is the only web search engine leader in China. There's a big risk, which is the country policy surprise. Anyway, there's no risk free business. We should try to invest when the reward is higher than risk. But not put all eggs into 1 basket in view of the risk mentioned above.
$Alibaba(09988)$ BullishBullishBullishBullishfrom very bearish become bullish suddenly. I missed this golden opportunity. But if given another chance, how much I dare to buy? Will this make me millions? Or this is short term gain only? Investing seems not really straight forward huh!
$Alibaba(BABA)$ Bullish I made the biggest mistake in my life of buying too little at low points!!! And if I buy now, will I consider chasing high? It's so dilemma...