@JunioR:$Vanguard Total International Stock Index Fund ETF Shares(VXUS)$is an etf that consists of all the international stocks, similar to VTI or IWDA, but excludes the US stock market. This makes it a suitable etf for those who are looking to diversify their stock holdings globally while also trying to avoid the US stocks. There could be a few reasons for this. First, the investor could be wary of US stock market valuations. At a current P/E ratio of 20, the US stock market is still way higher than the long term average P/E ratio of 15-16. And this is after the near 20% correction of recent weeks. This could imply that the US market could potentially continue to fall, and that the recent surge could just be a dead cat bounce. Another reas
China's consumer price index (CPI), a main gauge of inflation, remained unchanged in June in year-on-year terms, compared with the 0.2-percent annual gain seen in May, the National Bureau of Statistics said on Monday. Deflation risks in China heightened in June amid weak demand, with consumer prices remaining flat and a factory-gate price fall deepening further, underlining a slowing economic recovery. The consumer price index (CPI) was unchanged from a year earlier, down from 0.2 per cent growth in May, according to the National Bureau of Statistics (NBS). It marked the lowest reading since February 2021. Meanwhile, dragged down by a sharp fall in raw material prices, the producer price index (PPI) – which reflects the prices that factories charge wholesalers for products – fell by 5.4 pe
@AyKing:I opened $GOOG 20240531 160.0 PUT$ ,GOOG reported good earnings and is well received by the market. While waiting to harvest my another bull call spread setup, I have decided to explore selling put. From the daily chart, $160 looks like a level of support as there are 2 peaks formed recently. In the option chain, the delta is 0.14, which means lower probability of reaching $160. Therefore, I have decided to select strike price of $160 with about 36 days to expiry.