$MicroStrategy(MSTR)$ joining the $Invesco QQQ(QQQ)$ is dumb.Where is the fiduciary responsibility by Invesco $Invesco(IVZ)$ to their clients (ETF holders)? It's not a "proxy" to BTC because it trades at an enormous premium to the only asset it holds.Even if MicroStrategy were to be considered a proxy for Bitcoin, it makes little sense to add highly volatile crypto as part of a broad index filled with companies that have an "E" to derive a PE ratio.It's a high-beta play on Bitcoin. Should that be really part of a company-based index?All it does is make sure that about 0.6% of QQQ's $207B AUM (or about $1.2B) flows into MSTR's stock upon inclusion. More Nasdaq 100 E

$Tesla Motors(TSLA)$ 's market cap is $1.37 trillion.Alone, it's worth more than SEVEN TIMES the entire China EV industry. $BYD COMPANY(01211)$ $BYD Co., Ltd.(BYDDF)$ $106.83b $GEELY AUTO(00175)$ $Geely Automobile Holdings Ltd.(GELYF)$ $19.86b $NIO Inc.(NIO)$ $NIO-SW(09866)$ $9.40b $LI AUTO-W(02015)$ $Li Auto(LI)$ $23.46b $XPeng Inc.(XPEV)$

1.A bad start to a critical month for $NIO Inc.(NIO)$ $NIO-SW(09866)$ . But to be fair, most major brands except for $Tesla Motors(TSLA)$ and $LI AUTO-W(02015)$ $Li Auto(LI)$ have seen declines during this period. The bar is just set a little higher for Nio and its subbrand ONVO.Image2.Like $Luckin Coffee Inc.(LKNCY)$ , investors left $DiDi Global Inc.(DIDI)$ for dead after scrutiny of the company after its US IPO. This was close to the height of China tech interest in the US markets and a few

Gold and silver are rallying once again. $Gold - main 2502(GCmain)$ $Silver - main 2503(SImain)$ $SPDR Gold Shares(GLD)$ $iShares Silver Trust(SLV)$ This is happening at a time when rates are still restrictive, the US dollar is relatively strong, and a broader war in the Middle East is less likely. What’s driving people to the safety of precious metals?A WORSENING LACK OF FAITH IN FIAT MONEY appearing in the form of INFLATED ASSET PRICES.It’s happening in more places than you think.

Chip Wars? China consumes 50% of the world’s semiconductors. China buys 50% of the world’s chipmaking equipment.China controls 50% to 80% of the key metals processing needed for chips.In business, what normally happens when you piss off your single biggest customer?More importantly, why would you piss them off? Will your countrymen be any better off?By trying to choke off supplies to the biggest buyer, you inevitably create an oversupplied market that will destroy margins.Massive investments in fabs need enormous buyers to be able to turn a profit. Otherwise the innovation wheel stops turning. $NVIDIA Corp(NVDA)$

1. $Tesla Motors(TSLA)$ Tesla shares behaving like a Falcon9 rocket. Image2. $Lululemon Athletica(LULU)$ Lululemon is no 🍋 that’s for sure. While North America sales are down, China is up 36%!!!3. $CSI300(000300.SH)$ Mainland investors keep pouring money into the stock market at a rate that eclipses past bull markets. Yes, China is still in a bull market. The CSI 300 Index is only 6.7% off its recent high closing price in early October. Image4. $KraneShares CSI China Internet ETF(KWEB)$ Could be an interestingly good day for KWEB today given the strength in major CN tech stocks in HKEX Group.Image5.

1. $Palantir Technologies Inc.(PLTR)$ Palantir going parabolic. If only government-backed data-driven firms in China trading at 1/20th the PE ratio could perform half as well.Image2. $POP MART(09992)$ Hong Kong-listed Pop Mart International Group has outperformed $Meta Platforms, Inc.(META)$ $Netflix(NFLX)$ $Tesla Motors(TSLA)$ $NVIDIA Corp(NVDA)$ and even $Palantir Technologies Inc.(PLTR)$ so far this year with a jaw-dropping 351% gain. If you don't know about the company, just ask your teena

1. $ASML Holding NV(ASML)$ ASML is down almost 40% from its highs. It’s still the global leader in EUV and DUV lithography systems. But the effects of geopolitics has taken its toll on shareholders.Image2. $Alibaba(BABA)$ $BABA-W(09988)$ Mainland investor ownership in Alibaba via the Stock Connect now at 4.21% after they bought up a net 40.2 million more shares over the past week. That's an estimated US$9-10bn flowing into the HK-listed shares since Alibaba joined the Stock Connect in early September. Image3.Despite the failure to launch again on Friday… a very nice hourly chart for BTC.Image

The best thing to ever happen to China's tech industry was sanctions from the US government. Without sanctions, there would have never been a high incentive and push from the Chinese government to develop so quickly.China simply would have just been America's number one customer and purchased everything like microchips from US companies. But look at what has happened in just a few short years.Chinese tech is developing at record speeds and faster than the US government could ever imagine! Legacy US companies like $Intel(INTC)$ are getting hammered (worst performing stock in $.SPX(.SPX)$ this year) as over 35% of Intel's revenue was from China. But now powerhouse companies like

Trump's 25% tariffs on Mexico and just 10% on China make sense for him.Already $330B worth of Chinese imports to the US are slapped with a 7.5% to 25% tariff since Trump's first term. These weren't lifted by Biden.Adding 25% on top of what exists already isn't just overkill - it's counterproductive. US imports from China are running 2% higher in the first 9 months of 2024.In other words, tariffs on China aren't cutting demand for Chinese goods in any meaningful way.Meanwhile, Mexican exports to the US have surged, replacing China as the US top trade partner. And it's not because Chinese goods are using Mexico to bypass tariffs.US and other Western carmakers are boosting their production in Mexico to serve a US market that has no Chinese competition whatsoever. Vehicles are the top exports

"Apple could not do what they do without China."Truer words have never been spoken.It also tells us that much of the high-end tooling and precision manufacturing required by $Apple(AAPL)$ 's premium products are not in danger of moving to India any time soon.ImageTim Cook is increasingly worried about AAPL's prospects in its 3rd largest market behind the Americas and Europe.Imagine facing the possibility of losing 1/5th of your revenue stream - a market that could have been 2X larger than your current biggest market.But it doesn't stop there. A bigger reason for Cook to worry is that 95% of Apple products are still made in China. India has no hope of replacing it anytime soon.China is also coming up with very formidable alternatives to iPhone with