On of the biggest calls leading into 2018 was to get ahead of the consensus and go bearish on emerging markets, particularly China, Turkey and Brazil.
Typically, in higher inflation environments, money flows head to emerging market assets; and it's particularly why EEM has had such a great run since China induced the largest stimulus known to man in 2016. When...
A trusted cryptocurrency news source in China - CnLedger, has reported that merchants can now legally accept cryptocurrency as a method of payment. This seems to be huge news for Bitcoin and cryptocurrency space is general. Just imagine the price of BTC if China will move from fiat currency to cryptocurrency? At the same time perhaps question is not “if” china...
Price is coming to key sell zone 6,9871, Last time the price was near that level year ago.
There is a big probability that price will bounce down from 6,9871 because in 80% situations currency rate bounce from such levels.
I will open a Sell if the price will make a fake broke 6,9871 and D1 close under it.
Push like and Subscribe, if this post will get 50...
Indices globally have been in a downturn as the trade tensions between Trump and China heated up however should we expect some short term relief?
The market works in trend and tends to bounce between support and resistance zones. The HK50 (Hang Seng) has reacted from the key weekly support of 25300.00. Looking left you can see how this level has been used...
Indices globally have been in a downturn as the trade tensions between Trump and China heated up however should we expect some short term relief?
The market works in trend and tends to bounce between support and resistance zones. The HK50 (Hang Seng) has reacted from the key weekly support of 25300.00. Looking left you can see how this level has been used...
Gold is still a bubble. Bubbles that rise over 600% in 10 years don't deflate by simply going down 50%. Most bubbles of this nature deflate back to close to their original value. In this chart, I explain a lot of the fundamental factors that drove gold price higher, China's role in gold, and why a Chinese hard landing (if it occurs) will cause a new great...
Obviously this is not financial advice but given that it's a rather unknown entity and the products, stores and branding looks great - I can definitey see this going higher when more people start to find out more about them. Public Service Announcement I think this is a speccy like NIO. So Please DYOR.
Short this sub $100.
Current fundamental issues that impact share price of BABA ADR:
Trade War
Intellectual Property Rights
"Spy Chips"
Declining China Growth
Overall Market Weakness in Tech
List goes on...
The under-performed market seems like another 10% to go. Based on fibonacci spirals projection, the 2015 projection suggesting price to reach 2361. And current projection from 2018 high at 2228.
Technical Analysis:
1. KWEB (Chinese Internet ETF): Expect a relief bounce here for Chinese Internet stocks ( BABA BIDU JD ) with a Hong Kong ( HKDOW ) & Shanghai ( DJSH ) market rally.
a. Holding 200weekSMA and 50monthSMA support here at $44 with record volume twitter.com
b. Very oversold on weekly timeframe
c. Strong price support at...
=> Market turmoil is creating its own negative feedback loops for China driving further tightening financial conditions that will last and have further effects on the economic growth in the region.
=> It seems unlikely to open the floodgates to a recession so far however further trade tensions between the US and China will add to fragility.
=> Targets in Chinese...
=> What are we tracking here?
=> This is a very complex environment with major risk off flows from large funds in play last week.
=> Bears are refusing to capitulate and give the highs defending with everything they have meaning we can use the highs at 6.9586 as a line in the sand for triggering further risk-off flows, especially in the broader EM space.
=> On the...
For many conspiracy theorists familiar with the cover of an edition of The Economist from 1988, the 10/10/2018 is significant for being the date when a new world currency will be ushered in. It seems instead the date that traditional stock markets come tumbling down, with DJI down 1,300 points over the past two days and many other stocks following suit.
China's...
Story : The Chinese technology stock market has suffered substantially this year for a number of reasons - to put some perspective to this, XLY0 is down 19% YTD, while CQQQ is down in excess of 25%. Be it the trade war with the US, the feared slow-down of the Chinese economy or other political / geopolitical regional tensions the sector has been beaten down to...
Apple took a major hit, along with many other companies, from the allegations of hardware infiltration. I believe AAPLE will rebound back to 225-227 before 11/16/2018 if the allegations are false. My diagram is just a visual of what I just said.
I have included
Time and Date Bloomberg released the story and you can see soon after that AAPL took the dip
Time and...
PPG Industries Warns of Intensifying Inflation Pressures and Weakening Demand
October 8, 2018 by Dr. Duru
““As we look ahead, we currently do not anticipate any relief from inflationary cost pressures in the third quarter. We expect aggregate global economic growth to remain positive with end-use market activity comparable to the second quarter, adjusted for...
