Although it looks like inflation is easing.. it is important to see it from the perspective of theconsumers and how they can afford things.. rise in wages have not kept up with inflation.. we are talking about 8+% rise in inflation on a month on month basis.. what this means is an item that cost 100 bucks last month is going to cost more than 108 bucks this month.. and going to cost more than 116 bucks (108*1.08) next month.. i dun believe anyone wages is going up by that amount.. Businesses would either pass this cost to consumers or absorb it themselves.. Absorbing it means lower profit.. hence reduce earnings and stock prices would likely go down.. Passing to consumers means less people can afford or want to buy if it is discretionary products and services means less
$Alibaba(BABA)$”Bad news” is still coming in but the share prices of most chinese stocks are nolonger dropping .. some are already rising .. this shows that most of the speculators have sold out their positions and hedge funds have also trimmed their positions enough.. what remains are investors who look at the fundamentals and long term growth and are buying in at these grossly undervalued prices now .. i am hoping for another drop to hit my next strike price before it goes to the moon [Sly]
$Alibaba(BABA)$”Be greedy when the market is fearful and be fearful when the market is greedy”Quote from Warren Buffett..Now is a good time to be greedy.. The regulatorytightening on tech companies in china is a good thing in long term.. It helps clean up and make theindustry itself more resilient.. In the long game, tech companies will rise to greater heights.. meanwhile.. the buying opportunity presents itself to getgood companies at great prices [Yummy]
$PING AN(02318)$On my watchlist.. This company is quite undervalued now.. it is the market leader in china on both life and non-life insurance.. itis also diversifying into other areas such as asset management, financial services, healthcare etc. The recent news where the regulators is probing into the property investment may seem like a bad thing, but it is actually good in the long run because it ensures that the company is transparent in its accounting and be a responsible major player in the industry where many people rely on them as a lifeline when they are met with unforeseen circumstances.. I believe there is very good growth in the long run if the company continue to diversify into more areas that can complement the insurance busin
$Palantir Technologies Inc.(PLTR)$Big movements, but price is essentially going sideways… fundamentals of the company are strong.. this is a long term growth stock… good time to play options to get some cash flow.. prices should be range bound between 19 and 27 until some broad market movement or until the next earnings call
$S&P 500(.SPX)$has breach its 200 day moving average... things might get ugly next week..would the feds come to the rescue or would they let the market crash? [Thinking] [Onlooker]
$SHENG SIONG GROUP LTD(OV8.SI)$Fundamentals have not change and they are expanding.. but the stock price is dropping.. Dividend payout is coming… come on… drop more pls.. i want to establish a position before dividend payout so i can get the dividend [Sly] [Sly] [Sly]
This would be a multi-part series on frequently asked questions I encountered. I will attempt to give clarity on why some of these questions are the most dangerous questions one can ask. I will also give clarity on how one should ask the right questions so you can get the answer you want. Question: {insert stock name here} is rising or falling, buy now or sell now? When these sort of questions are asked, one might get the following replies: 1) No reply at all. 2) It depends. 3) BUY! 4) SELL! 5) Wait first or wait until it hits $xx before buying or selling. To the person who asked this question, if the person get the first 2 replies, he/she might feel annoyed because there is no actionable information. However, the person should feel glad instead! If the person gets the last 3 replie