Haha. love that all the bears are trying to down play the rally. Remember that all bull markets started when everybody still believe markets have yet to bottom. "fake rally", "bull trap" etc while the market keeps going up. Figure that out. Best is not to time the market, but stay and buy good companies.
The Latest Advance for Stocks Could Signal More Pain Ahead for Markets
lol. you compared 200m of baba with 6t of entire stock market. what's the logic behind? you want jack ma to buy the whole china?
@N30:$Alibaba(BABA)$ My overall sentiment regarding the Chinese market remains unchanged. The news about buying $200 million worth of Alibaba shares is insignificant when compared to the substantial $6 trillion market erosion since 2021, signifying a deep-seated anxieties about China's economic outlook. This extends beyond individual company news. Investor confidence won't fully restore until underlying issues like property market struggles, deflation, workforce contraction, and broader sentiment problems are addressed. Investors require concrete evidence of improvement, not just temporary media buzz. @CaptainTiger
Boomz. Market is forward looking. If China can grow 3% in lock down, imagine the growth when it's full opened up. There will be immediate pain for next 2 months as they transit to reopen. But once that is done, there's no looking back. Inflation is also under control and interest rate is at a sweet spot, unlike US and most other countries. Basically, China is in perfect conditions to rocket, imo.
Alibaba, JD, Tech Peers Rise: Hang Seng Turns up Though Recession Fears Grow
we shall see. talk is cheap//@1M45:smart people narrow losses and since is chinese stocks. they are poised to be in losses for 10yrs bonds so is a mistake to buy at the beginning. China own domestic problem settle first before commenting others. covid is back for them//@Danielng: Lol. Buy high sell low is of course a mistake.
Al Gore’s Firm Says Buying Alibaba Stock Was a "Mistake"
The issue is Intel has declared it is going to focus back on its foundry business and claims that it can catch up. But everywhere it plans to build its foundries, it is threatening (or more like pleading?) the governments for more subsidies. Seriously doesn't look good at all. I think Intel has leaked and is in permanent decline, unless it can pull off a Steven-Jobs-on-Apple moment. Don't see any.
Intel: This Pullback Is An Early Christmas Gift From Mr. Market - Don't Miss It
Don't mind the dead cat bounce if this dead cat bounce for months. Before we all realise, we are at bull market. Check back history - this is how bull markets are born every time.
The Stock Market Had a Great July. Why August Could Be Tougher