The real tragedy is when two powers meet. As the war rages on in Ukraine, a great chasm has erupted on the Chinese social media. The confusion brought by news from various unverified sources behind the wall threw fuel into the online fire. Amid such a cacophony of how the sanctions on Russia would be applied and what its scope would be, the weekend stock market in the heads of pundits has been rollercoastering through limit-ups and downs. Such commotions online suggest that traders may have plunged back into stocks, probably lured by the epic intraday reversal in the US market last Thursday night. The trading volume on Friday once again surged to well over one trillion yuan. With new developments on the frontline over the weekend, where are China markets heading in the coming weeks? Next w
The futures market, especially the gold contract, has been a roller coaster ride lately. In just one day last Thursday, gold fluctuated by nearly $100. Let's take a look at the minimum volatility of $Gold - main 2204(GCmain)$. We can check the contract profile on the Tiger app. The contract unit is 100 troy ounces. The minimum fluctuation unit of the GC contract is 0.1 (USD/oz), equivalent to $10. In other words, when the price goes up or down, you profit or lose at least $10. Let’s take last Thursday’s trend as an example. When GC contract drops from$1976 to$1892, how much would you profit if you short gold? 1976-1892 = 84 84/0.1 * 10 = $8400 On t
Warren Buffett released his well-anticipated FY21 shareholder letter on 26 Feb 2022. Here are 5 takeaways. $Berkshire Hathaway(BRK.B)$ #1 Berkshire has the most plant and equipment among American companies "Berkshire owns and operates more U.S.-based “infrastructure” assets – classified on our balance sheet as property, plant and equipment – than are owned and operated by any other American corporation. That supremacy has never been our goal. It has, however, become a fact." That's a cool fact. While the world is touting asset-light businesses, here we have Berkshire being the asset heaviest company in America. It wasn't deliberate but I think he saw these asset-heavy companies being irreplaceable (insurance, oil & gas and rai
Selling covered call options (sell covered call) is a strategy adopted by many large funds. It can also be used by retail investors in the US stock market.You can get income while holding it. This strategy is very suitable for stocks that have long-term positions, but they have not moved but they are not in a bearish position recently or are in a bearish position recently. It can be a good strategy for mature investors to roll over when holding some targets for a long time. Income comparison Assume that investors hold 200 shares of Amazon from January 1 to December 17, 2021 If there is no operation during the holding period, the final total assets will be USD 675,484 If the covered call strategy is carried out, it will be operated once a week; if 100 shares are sold after the exercise, ano
[Warren Buffett releases annual letter, praises Apple CEO Tim Cook]Berkshire Hathaway CEO Warren Buffett released his annual shareholder letter over the last weekend. $苹果(AAPL)$
“Forever” – this is Warren Buffett’s preferred stock holding duration. And it says a lot about his principle in investing, which we, at VI College, also follow.Essentially, it is about buying stocks and holding onto them for the long term, say several years or decades. Some prefer to call it the “buy-and-hold strategy.”This same strategy worked for Buffett, hence, we cannot deny the fact that it works. After all, we believe that investing success lies in your time in the market versus timing the market.What's the point of timing the market when we know it is highly volatile anyway? Buying in and out of stocks isn't investing; it's gambling!To ride out the market’s volatility, value investors settle for a long-term approach. We buy stocks to hold on to them for years to come and let compoun
1. My family was on a staycation last weekend and it told me more about the state of the hospitality sector.2. Hotels were hit hard by the pandemic and even after two years, Singapore has not fully open to tourists. But some signs of recovery have been underway.3. The improving occupancy rate was obvious to me during breakfast where the restaurant was filled to the brim. And it was clear that the hotel was severely understaffed to be ready for such a crowd.4. There were long queues for every station and the food were not prepared well. The shrimp wanton noodles had neither shrimp nor wanton. A staff, who was clearly untrained, served 3/4 milk and 1/4 tea to another customer. 5. The restaurant crew were generally flustered and trying to keep up. They were doing their best but it was too ove
Key Takeaways： Take History as A Mirror: The U.S. Stock Market Will Rebound From the Correction Zone Under the Strong Economy and High Inflation: The Investment Cycle Reached Overheating From the Relatively Lower Valuations Perspective: How Will The U.S. Stock Trend go? The S&P 500 slumped on Tuesday, slipping into correction territory for the first time in two years and joining the Nasdaq Composite, as Russia sends troops to pro-Russian regions in Ukraine and tensions escalate. The S&P 500 fell 1% to close at 4,304.76, more than 10% below its Jan. 3 high and into correction territory. Market technologists typically define a dip into correction territory as a decline of at least 10% (but no more than 20%) from the most recent peak. Craig Johnson, chief market technician at Pi