$Meta Platforms, Inc.(META)$ Meta has been quietly working on their AI and Metaverse products which have yet to be introduced to the mass public yet. Think about when they start making money off those products during the top of the trend. I'll holding this stock tightly till that day comes, every opportunity goes through the phase of identification, conviction, falling off, resurrection, profitting and finally plateauing.
https://www.businesstimes.com.sg/companies-markets/banking-finance/citi-talks-start-new-private-credit-strategy-early-2024 Private credit is getting hot! A yield of 8-10% is generally what many conservative ETF investors are looking for annually, but recent years have shown market is getting more and more unstable. During these period, ETFs can go from -20% to positive 20%, which is a big spread. Remember the good old days when black rock funds yields about 9% annually. Because of this, many institutions and family offices are turning to private credit funds as they provide a fixed return, typically 9-12% annualy and some even come with some form of capital protection or preservation.
Right now, the elephant in the room is "is recession coming and will market crash?" Well, two things for certain, if it really comes, bank will get alot of loan business and im sure after the leyman bros incident, they will look at LTV or credit burea of the loanee more carefully. Another interesting shares or company is the gaming or specifically,the gambling industry Genting. I have really high hopes on this one. As market and China has opened up, the Casinos are definitely attracting alot of visitors, both locally and abroad.
Often, price action +technical analysis will tell you this. Wait for a strong bullish pattern on a strong support or psychological point (eg. 3000 whole number) on the weekly chart. Eg. A double bottom consolidation formed on the weekly chart with its bottom on a psychological or historical strong support point. If the price action shows a good breakout from this, i will put a substantial amount in.
Always do opposite of what the public news insinuates...If its a positive news, telling us a probable event that is good for the company, usually its when the initial early birds have bought in and awaits public to hype in to increase the price alittle more before they dump.Similarly, when theres a negative news, the just want public to dump so they can buy without pushing the price too much, then release another positive news for public to buy back when there's lesser floating shares around, and this time, the price WILL go back up due to liquidity balance and they can dump... Rinse and repeat
Nio shares fall after $2 billion stock offering announced