What a big moment all fronts! First up was the HSI , surging pass the critical 18,000 mark. All ADRs close higher in HK and followed through. $XPeng Inc.(XPEV)$ lead the pack with a surging 48% increase after earnings miss! [LOL] All EV sectors performed well on rumors of opening up in china. $NIO Inc.(NIO)$ sits pass the $12.20 markfor a uptrend look. $Alibaba(BABA)$ touched a 10% increase.
There might be some profit taking here, some healthy consolidation before they make their next move.
3 major index rose and close higher after Powell speech, anticipating a lesser rate increase starting Dec.
in Technical chart point of view, the Dow was always going to revisit 33600 before this surge. The Snp500 $Micro E-mini S&P 500 - Dec 2022(MES2212)$ was looking to touch 3945 before the turn up. I waited patiently and was rewarded. The purple line is the open position mark. likely will close them by Friday
I hope you guys caught the wave Up.
My views are my personal outlook.
I walk the talk, not just post what I think andnot do .
So here are some screenshots.
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