Buy US Stocks or Bottom Fish China's Assets?

S&P 500 has risen to a historical high, touching 4900 and continuing its push towards 5000. Most Chinese stocks are rebounding with policy stimulus. Even after the rebound, Chinese assets are still at low levels, while US stocks are currently at historical highs. --------------- Would you choose to chase after the rise in US stocks or bottom fish Chinese assets? Which one is the better choice? Will US stocks experience a pullback after the new high?

avatarTBITrades
02-16

My Watchlist [50]: SNAP (dtd 16/2/24)

Hi everyone! Let’s analyse a retail darling: Snap Inc. (NYSE: SNAP) SNAP was in the process of filling the 2022 ER gap between 14.57-21.71. A strong ER and guidance would have led to a significant spike up. However, reported figures fell short of estimates, and it dumped post-ER. Interestingly enough, it invalidated the bullish descending channel it was trading in and broke down. However, it has since found support at the green ascending trendline, forming a potential higher low and hidden bullish divergence in the process. It has also retraced between 61.8% and 78.6% of the move up from 8.28 lows. Here’s a closer look at the daily chart. Note the small candle spread yesterday but higher than normal volume. It is indicative of accumulation at current levels. You can also see the failed b
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My Watchlist [50]: SNAP (dtd 16/2/24)
avatarTBITrades
02-09

My Watchlist [49]: CCL (dtd 9/2/24)

Hi everyone! Here’s the next stock I’ll be covering: Carnival Corporation (NYSE: CCL) In the long-term, CCL is trading in a significant bullish megaphone pattern. Could this signal a resurgence in cruises in the coming years? Note that it has been rejecting off the red resistance trendline since 2018, but has since broken out of it, backtested it and is forming a sustainable bullish trend with higher highs and higher lows. However, a case can still be made for it being a bear channel until it can make a higher high above 31-32. CCL is trading in a falling wedge consolidation pattern with lower highs and lower lows, but an increasingly tight range. I note that a mild bullish divergence has formed on the touch of the lower trendline in this instance, which is indicative of a possible trend
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My Watchlist [49]: CCL (dtd 9/2/24)
avatarShyon
02-05
Recent breakthroughs in U.S. indices, driven by tech giants, have resulted in new highs. The market has digested some positive news, signaling a potential slowdown in future index gains. Any adverse factors could lead to significant market volatility. Attention remains high on U.S. interest rate decision, with predictions of a rate cut by the Federal Reserve in the first half of the year. Unexpected developments could trigger intense market fluctuations. On the other hand, I am more bearish for Hong Kong and A-Shares (Mainland China Stocks). Both Hong Kong and A-Shares have witnessed distressing performances. A-Shares experienced historic circuit breakers today. Despite continuous economic stimulus from the People's Bank of China, a short-term reversal for A-Shares seems challenging.
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avatarTBITrades
02-05

My Watchlist [48]: ZM (dtd 5/2/24)

Hi everyone! Today I’ll be looking at another stock that I have covered previously: Zoom Video Communications, Inc. (NASDAQ: ZM) *This thesis contains some variations as compared to my previous newsletter(s) on ZM. Consider this my most updated outlook on ZM for the coming months. The last time round, I mentioned that ZM was trading in a large falling wedge reversal pattern (which it has since broken out from). However, ZM chose to take the hard path and decided to reject at 75s before coming back down to retest the breakout. Interestingly, it is forming a smaller falling wedge pattern back into support. I looked at where ZM has closed recently, and noted it closed around an area that has acted as support numerous times, namely the 63.80s level. Interestingly enough, consider it as a seco
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My Watchlist [48]: ZM (dtd 5/2/24)
avatarTBITrades
02-05

My Watchlist [47]: SOFI (dtd 5/2/24)

Hi everyone! Let’s take a look at a stock that I’ve been personally invested in for a while: SoFi Technologies, Inc. (NASDAQ: SOFI) *This thesis differs from my previous newsletters on SOFI. Consider this my most updated outlook on SOFI for the coming months. SOFI is trading in a bull pennant/flag consolidation pattern with lower highs and higher lows. RSI also suggests this is the case with lower highs and higher lows. On the daily chart, note that SOFI gapped up significantly on earnings, but has since corrected back to where it was before earnings. It failed to fill the 9.52 gap that it made on a ratings downgrade (incidentally, the largest gap down it has ever had in the history of the stock). However, it filled the 7.50 gap up that it made on 22nd January, and pushed higher on the d
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My Watchlist [47]: SOFI (dtd 5/2/24)
avatarGman69
01-31
Us all the way china stocks too unreliable atm
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avatarSPOT_ON
01-30
$PING AN(02318)$  how much exposure does ping an has to the collapse and liquidation of china evergrande ?? $Meta Platforms, Inc.(META)$   $Baidu(BIDU)$  
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avatarTBITrades
01-30

My Watchlist [45]: U (dtd 30/1/24)

Hi everyone! Today I’ll be issuing an update on a stock I have covered previously: Unity Software Inc. (NYSE: U) U is trading in a potential symmetrical triangle long-term reversal pattern with lower highs and higher lows. Note that it broke out of a shorter-term falling wedge pattern as well, before rejecting the upper trendline of the triangle. Volume on sell candles have generally been weak (except the candle from 3 weeks ago - where there was accumulation on the sell-off) relative to the buy candles. On the daily chart, note the higher highs and higher low pattern forming with a potential “W” double bottom configuration at current levels. The current downtrend is also unsupported by volume, as shown by the decline over time. The near-term measured move would be to retest 35.50, follo
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My Watchlist [45]: U (dtd 30/1/24)
avatarHLPA
01-30
For me whether US stocks or China plays,  there are plenty of opportunities to make money via scalp trades
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avatarMaverickWealthBuilder
01-29

Why US stock and bonds still in favored-liquidity?

Takeaways📈 Economic Indicators: December data, including ISM Manufacturing PMI, Non-farm Payrolls, CPI, PCE, housing starts, and retail sales, exceeded expectations, indicating resilience in U.S. households and manufacturing.🔄 Market Reassessment: Probability of a rate cut in March decreased to around 50%, and the 10-year U.S. Treasury yield rebounded to 4.1% as the market reevaluated interest rate expectations.💧 Liquidity Abundance: Abundant liquidity in the market is attributed to fiscal policies injecting funds, maintaining overall liquidity despite the Federal Reserve reducing its assets.💰 Fiscal Policy Impact: The fiscal deficit expansion, increased short-term bond issuances, and higher risk tolerance in an election year contribute to the liquidity surplus.🗓 Policy Path in 2024: The p
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Why US stock and bonds still in favored-liquidity?
avatarnomadic_m
01-29
temporarily put on hold my auto invest on $Invesco NASDAQ 100 ETF(QQQM)$ & $SPDR Portfolio S&P 500 ETF(SPLG)$ as they're quite high now ‌continuing to dca $CSI China Internet ETF(KWEB)$ as there's a glimmer of light at the end of the tunnel now
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avatarTBITrades
01-29

My Watchlist [44]: CVNA (dtd 29/1/24)

Hi! Today I’ll cover another stock that looks extremely explosive to the upside: Carvana Co. (NYSE: CVNA) On the weekly chart, note that CVNA is trading in a higher high, higher low pattern. Note the increasing volume on this uptrend, while there is decreasing volume on the downtrend. It is pretty evident that bulls are in control for the most part. RSI also agrees with this trend. Interestingly enough, CVNA has retraced about 50% of its move up from 35s to 62.59. On the daily chart, CVNA might be trying to form a “W” double bottom setup with a possible (might be invalidated, so practice caution here) bull flag setup. A breakout of this configuration would eventually lead to a retest of the prior highs at 62.59. Alternatively, it could end up being a bull trap and continue to push lower
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My Watchlist [44]: CVNA (dtd 29/1/24)
avatarTongdadd
01-29
Looking at the movements of Chinese stocks in the past few weeks, seems to me there is a lot of selling going on. Most sessions opened high and got sold down. 3-4  down sessions and there would be a rebound. Then the pattern repeats.  This saps my confidence. Wouldn't wish to carry babies. 
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avatarSamlunch
01-27
I am invested in both US and China.  I like HKSE stocks for their high sustainable dividend yield. These companies are still profitable and generate lots of cash. Stock price beaten down due to sentiment allows me to pick up great companies for cheap. Examples are Ping An$PING AN(02318)$  and CK Asset$CK ASSET(01113)$ . Link reit $LINK REIT(00823)$ Is also the largest reit in Asia and upcoming rate cuts will boost its share price.  I remain invested in US stocks as the growth there is unrivalled. These are the biggest and most profitable companies in the world and the corporate environment allows them to thrive. There will be a short term pullba
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avatarTwelve_E
01-27

$SPY will move at least 2% on January 31st for FOMC

$SPDR S&P 500 ETF Trust(SPY)$ will move at least 2% on January 31st for FOMC. Trading can be extremely predictable if you are prepared for it. Here's 5 important things you need to know about next week.97.4% chance the FEDS will hold rates as is at 5.25%-5.50% and the probability of a rate cute in March has been decreasing from 75% down to 50%. Sentiment: Priced in or bearish from here for $SPDR S&P 500 ETF Trust(SPY)$ .ImageThe strongest chance of a rate cut is now in May. So for the next 5 months at higher interest rates consumers will slow down spending. The sooner the rate cute the better for the
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$SPY will move at least 2% on January 31st for FOMC
avatarVikedios
01-27
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.
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avatarBel8680
01-27
I will choose Chinese stock. US stock too high, it might fall any time.
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avatarpekss
01-27

Can Tesla continue to subsidy its buyers?

A sign of the headwinds that the world top-selling electric vehicle maker, until BYD dethroned it last quarter, $Tesla Motors(TSLA)$   is encountering, its CEO just predicted that Chinese automakers the likes of $BYD COMPANY(01211)$  , $NIO Inc.(NIO)$  , $XPeng Inc.(XPEV)$  and $Li Auto(LI)$  will demolish global rivals without trade barriers, as the Chinese EV makers race to expand overseas amidst
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Can Tesla continue to subsidy its buyers?
avatarMichiko
01-27
Awesome. Buy buy. Up to you although. Make wise decision 
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avatarAqa
01-26
Never say too early. The U.S. stocks is having a pullback now after the new high. Many stocks have crashed after their results reporting. It is best to set aside some money for the Chinese assets, but also beware of pullbacks in the east. Anything can happen.
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