Market got halted again today after S&P500 reached -7%. Right around where it made the low in Dec 2018. This is the psychological price point. 100 more points below to 2250 aka Covid-19 bottom...
We're almost there. 2250 looks like a safe bottom for the S&P500. BTW, don't listen to the big talking heads in the news saying the economic fallout won't subside till August. They work for the US bankers and they clearly don't want anyone to pick out the bottom that's coming shortly....
Investing in stocks is all about the right timing. Doesn't matter which stock... BUT it takes a post-doc in the self-proclaimed field of chart reading to be able to time stock purchases right. For someone just starting out, I recommend they put their capital into some kind of managed fund...
BTW, everyone keep this chart secret. Don't tell anyone!! This is US secret master plan for the next few years. I'm probably the only one in the world who figured it out... USA secretly helping China achieve master plan of prosperity by 2050. The world needs to be kept "poor" during the...
I'm a chartist. I trade stocks based on charts. Based on the market chart(s), I see no room for US stocks to go further up than the recent high in Feb 2020. Here's my own take on US market outlook in the near term (S&P500 daily chart from 2015-present):
Hurray!!! The bottom is (almost) here. I'm too lazy to look it up, but the market should bottom around 5% below the 2017/2018 S&P500 market low, whatever that price is. Did it go to this level today? Too lazy to look up S&P500 chart (my investing style is individual stocks not some...
It's only a small blip. There is another circuit breaker at -13%. This would b the "big firecracker". I highly doubt Dow will ever drop -13% in a single day this year. US wants to save the big firecracker to spite China in 2022 after the Winter Olympics. They don't wanna waste the unplayed...
US bankers getting rich buying back all the stocks they sold in Nov-Feb. China GDP growth will experience burst in the next couple of years coz everyone is "poor" now, and when they r poor they will turn to Chinese goods to squeeze a bargain out of every dollar. Hence, the biggest winners of...
US saving the best part for 2022 after China hosts the Winter Olympics. Same thing they did in 2008 (financial crisis) after Summer Olympics. We're going to see a sizable but slow recovery back to almost the Dow all time high. Should b 2022 when this is reached, then look out below. You...
You know sometimes I think China and US are "in on this". US stocks needed a timely correction and China GDP growth was the lowest ever last year. In a severe global market downturn people always want to save up and turn to China to buy cheap stuff. The reason y China GDP growth was so slow...
Becoz didn't Japan promised to make the Italian plumbers Mario and Luigi their official Olympics mascot this Summer? For all intents and purposes this could b a US BW attack on Japan but making it less obvious by getting it thru China. Those sick fooks in US always plan an attack when its an...
All I see is an attempt to salvage image after an attempt to insert a Viet into the Star Wars movies and have them bombed at the China box office.
The $200M budget for Mulan, thats an apology from Disney to say, "sorry we screwed up previously!"
Revisit this page at year's end. Growth will be around 6% coz: 1. Pent up saving (ppl gonna spend like crazy after the outbreak is over). 2. Companies want to overstock just in case something like this happens again and their supply chain got stalled. 3. The rest of the world suffered too...
Its not just Apple. Most PC makers deliberately slow down consumer laptops so ppl would buy business laptops. I've used/owned both and the consumer grade ones sucked arse (ie. Slow/stutter/freezing). It's a disgusting practice that attempts to seggregate the market so higher prices can b...
The one thing China did right was buy up Fujitsu PC computing unit thru Lenovo. Fujitsu still my fav laptop brand, especially the ones made in Japan (which most models sold in North America are). The quality of Fujitsu laptops are unmatched. Anways, now I will feel less guilty of buying...
I swore never to buy another mobile device with Google on it. I simply don't want to be spied on. When the CFO of Huawei was kidnapped in Vancouver, Canada, she was found with all sorts of iGadgets in her carry on. Dumb dumb dumb. No wonder Five Eyes was able to trace her so easily. What...
Several possible reasons:
Corronavirus is a political tool to:
1. Suppress HK riots
2. Deter ppl from traveling to China in the winter (maybe China can't handle too many ppl in the winter of 2022 and prefer ppl to stay at home on that date)
3. Something to do with Japan Summer Olympics later...
Chinese mobile games like Mobile Legends by Moonton look pretty awesome with the new Physics-Based Unity rendering engine. I would say that character design is a forte of Chinese (mobile) games.
BUT while the characters are very stylishly designed, most Chinese game environments look awful...