Chinese electric vehicle (EV) stocks aren't doing so hot today. Macroeconomic factors also aren't helping matters. Source: Ilija Erceg / ShutterstockChinese electric vehicle (EV) stocks are slipping on Tuesday asmacroeconomic factors affect the companiesalongside lockdown news.First off, note that the economy is still suffering as a recession, inflation and rising interest rates weigh on markets. However, that’s not all of the bad news that companies in China are dealing with today.A bigger factor that could be affecting Chinese EV stocks are lockdowns in their home country.The lockdowns currently affect 33 cities and more are likely on the way. This has been a blow to Chinese stocks today with the ongoing lockdowns having a negative impact on the country’s economy.Let’s see how this news
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$BAMA TEA(06980)$ The market was shaky today, but Baoma held steady! Took some profit and holding my position. The Contra688 promo is a sweet deal – free vouchers are the best. $100 target in sight!
$BitMine Immersion Technologies Inc.(BMNR)$ As the top dog among EV startups, NIO $NIO Inc.(NIO)$ absolutely dominates in liquidity, stock volatility and capital attention. The Matthew effect is in full play—leader stays leader!
$Lyft, Inc.(LYFT)$ 's volume hints at more than a one-day show. Just a shakeout-hard to crash heavily. Big dip today? Might bounce by tonight or tomorrow!
$VanEck Semiconductor ETF(SMH)$ delivers semiconductor hugs! Small profits, but clear signs of chip sector recovery. Perfect for stock-picking-challenged folks like me to ride the whole trend.
$Microsoft(MSFT)$ 's AI momentum pays off! $405.54 profit from 474.51 to 488.99 proves tech titans' product launches are golden opportunities - especially game-changers like Copilot that propel stocks to new heights.
$RXO INC(RXO)$ Take good care of you, little buddy. Earn some pocket money and celebrate with a bottle of good wine tonight.
$Invesco NASDAQ 100 ETF(QQQM)$ I knew it would go up. Let's open the champagne tonight hahaha！
$ProShares Ultra Financials(UYG)$ What a killer move! Just made another solid profit, and this ride isn’t stopping anytime soon. I knew it had legs, and now it’s all about holding steady for even bigger gains!
$Lufax(LU)$ Bagged some profits on LU recently! This company has been making some interesting moves lately, especially after $PING AN(02318)$ increased its stake, which seems to have boosted market confidence. LU's stock price has seen a decent rise, with nearly an 8% surge in a single day—makes me feel like I’ve got a good eye for stocks!
$PDD Holdings Inc(PDD)$
$SUPER MICRO COMPUTER INC(SMCI)$ Wall Street got the maximum it wanted from FED, 0.5% cut and is still not satisfied today. It’s a joke, and a trap if you sell. This couldn’t be negative but positive, even if it were a 0.25% cut.
$NVIDIA Corp(NVDA)$
$Taiwan Semiconductor Manufacturing(TSM)$
$ARM Holdings Ltd(ARM)$ We see approximately 13 U$ shaved off Arm Holdings valuation on very low volume of 5 or 6 million shares off last Friday's session high. This rapid retracement on low volume brings the valuation back into the 121-141 range. I would imagine the business's that order chips using Arm's designs would benefit from a target rate reduction this Wednesday after the FOMC meeting press conference.
$AST SpaceMobile, Inc.(ASTS)$ Abel said, gov is first out testing.Gov contracts typically has milestone payments, just FYISuch as on delivery to launch site, on successful orbital insertion, on development/ going operational, on tests started, on successful test, etc.
$GameStop(GME)$ One last thing. Just ran Gamestop with my code, and got a cumulative score of 7.57 for it. The scale runs -10 to +10. That's high. That's Technical Analysis, Fundamental Analysis and Momentum all drilled down to a single score. [After downloading the data, the code proceeds to calculate indicators (7DMA, 35DMA, RSI, ATR), all based on the most up-to-date data, including today's closing prices.] So cheer up. Charts are going up in a few minutes.
$ARM Holdings Ltd(ARM)$ Will I have to roll them to the Nov 15 $150's for another .77 premium credit? That would be a $19 point increase in the shares plus another $5.22 in call premiums for about a two month period from 9/4 to 11/15. That wouldn't be bad either.
$Amazon.com(AMZN)$
$Grab Holdings(GRAB)$ Looks like the stock may experience a strong rally chart confirms. We alerted the BUY signal at $3.08 and we were able to close this one with profit at $3.34🤙
Why Are Chinese EV Stocks XPEV, LI, NIO Down?
Why Are Chinese EV Stocks XPEV, LI, NIO Down?
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