I have mid to long term holdings in HK listed Chinese companies, so the rally means perhaps a short term relief. 😅 I continue to use $Direxion Daily FTSE China Bear 3X Shares(YANG)$ as a hedge for those positions. In fact, I bought YANG after the last round of rally selling $Direxion Daily FTSE China Bull 3X Shares(YINN)$[Tongue]. While continuing to hold my Chinese holdings, I also took the opportunity to trim down its fats, so that I have cash on the sidelines to react should market turns against those positions. I continue to be cautious about my Chinese exposure given the second incoming of Donald Trump and tariffs war that accompanied him. Will continue to trim my fats whenever I get a substantial ra
$Mithril Silver and Gold Ltd(MTH.AU)$ Still early days... I am not always right... in fact, I am always too early in a party 🎉 🥳 [Facepalm] [Happy] MTH is primarily a gold and silver miner. What makes it interesting is that it is going for the old mines. I have attached a snap of a recent presentation slide here for reference. The mining discoveries so far have been amazement. I have been following this company for a while now, had missed to buy into the company before the last explosive wave up... was queuing around 10 cents just a couple of months ago, but had missed it [Spurting] [Facepalm] The share price went on a rampage all the way to 81.5 cents in a space of 1-2 weeks! I have waited patiently for the price to
$MP Materials Corp.(MP)$ I know I am repeating myself here. I have shared this mining company probably a week or so before. The reason for repeating myself is a reminder of how important staying in the investing game is. I have been building up my position for MP. Materials for quite some time now (see the charts below to tell) through weekly auto-invest. The company is flying pre-market today. Yes, it is not only crypto mining that flies. Physical conventional minerals or resources mining firms fly too given the right conditions. It is simply a tip-for-tat game between US and China these days. With US banning chips sales to China, China has banned rare earth sales to US. I expect to see an escalation of these trade wars when Donald Trump take
Replying to @koolgal:Thanks for sharing... have a great weekend!//@koolgal:🌟🌟🌟It's Black Friday! The Best Time of the year to go bargain hunting! Top of my list are the 5 HK SDRs listed in SGX. Even better, there is a Zero commission promotion on the 5 HK SDRs by Tiger Brokers. My favourite HK SDR is $Alibaba HK SDR 5to1(HBBD.SI)$ . It is down 0.3% on Friday but up 2.4% in the past 5 days. HBBD is trading at a ratio of 5 to 1 to $BABA-W(09988)$ in Hong Kong. For a small investor, that means a smaller&
The technology and banking have moved ahead of the rest of the market, especially the big tech, which are pushing the boundaries and carrying the indices. For this shopping season, I will go for the traditional laggards like Estée Lauder, Hershey, Coca Cola. Besides underperforming, they are all dishing out around 3% dividend just for anyone who’s willing to be go shopping with them… it’s a festive season after all!? [Happy][Cool][Grin] I am willing to be a little generous to throw in Alibaba into the mix. I know it’s a Chinese laggard but hey it’s festive season after all… Come on, share your wonderful stocks and take your share of 🐯 coins, and possibly voucher fun! @koolgal @LMSuns
$MP Materials Corp.(MP)$ I thought of sharing $AML3D LTD(AL3.AU)$ or $TITOMIC LTD(TTT.AU)$ given some recent update in activity. Have changed my mind since I have probably bored the audience given the interest in ASX based defence companies is not that substantial. Do feedback if you want my take on recent fund raising by AML3D. I am sharing a rare earth mining firm today. This mining company has quietly moved up in recent months. Obviously, minerals mining do not attract the same kind of attention as cryptocurrency mining these days. However given the right time frame, it could be a lucrative investment. MP materials, as it is known, is the only no
$AML3D LTD(AL3.AU)$ The reason for sharing this company AGAIN is simply as an update on the price action. Corrections have set in last week for various companies post Donald Trump's victory rally. AML3D has seen similar rally but I do not think it is Trump related. As mentioned in an earlier post, the uptick in interest seems to be related to a recent proposed acquisition of $QUICKSTEP HOLDINGS LIMITED(QHL.AU)$. Fellow defence related company, $TITOMIC LTD(TTT.AU)$ , which I am also holding, has also observed a revival of buying interest. Looking at the main chart, as I mentioned in an earlier post, I had expected a price target for AML3D of 26 ce
I am going to share upfront a controversial statement. For Elon Musk, it's not about Donald Trump, never was... Rather, it's about Elon Musk himself... Yet it's all about Donald Trump... Facts: 1) By now, we all know Donald Trump is going to be the next US President. 2) Elon Musk has positioned himself at the front of Donald Trump's election campaign. 3) Donald Trump has appointed Elon Musk to co-lead a new department, called the Department of Government Efficiency (DOGE - aka the acronym for cryptocurrency, Dogecoin, created to make fun of crypto mania), for the sole purpose of cutting federal budget. Elon Musk is obviously an intelligent being and requires no introduction. Between Harris and Trump, the choice is clear, as far as Elon Musk is concerned. Donald Trump, no matter
$AML3D LTD(AL3.AU)$ Moving back up... you can see from the green line I have drawn near 19.6 cents, breakout has occurred last Friday and the price action has moved the chart nicely to 22 cents currently with an increasing volume (see chart 3). Chart 2 also shows a higher highs and higher lows formation all the way from the corrected low of 11.5 cents around September period. A word of caution, RSI shows considerable strength at 83 might signal some overbought sentiments. However, looking at what is going on with bitcoin and other cryptocurrencies front, there is perhaps a lot more foams that could go into the system before any significant correction sets in. The breakout has just occurred, so I would expect the uptrend to be intact. 19.5 cents