[sgbuffett]

Selling is concentrated in financial sector as major banks report a 5-6% drop in profits...
.
But this is somewhat stupid....because with interest rate falling the yield of 6-8% jn the banks will bring in buyers in next few months.

[sgbuffett]

Back below 18K look for the buying surge at 1030am to carry it above 18K.

[revealer]

To go up,  HSI must keep the momentum. But it has the habit of morning up afternoon down. Will this time b an exception

[sgbuffett]

Back below 18K look for the buying surge at 1030am to carry it above 18K.

As expected buying came in at 1030am and HSI is swept above 18K

[sgbuffett]

HSTech rises 3%. But the most popular tech stocks underperform the market.

[Zannn]

HSTech rises 3%. But the most popular tech stocks underperform the market.

Noon profit taking

[Zannn]

Noon profit taking

Got news for property arrr

[Zannn]

Noon profit taking

Profit taking fast n furious

[sgbuffett]

Profit taking fast n furious

As long as 18K holds....it's okay.18K is now supoort.

[Zannn]

As long as 18K holds....it's okay.18K is now supoort.

I am still on yr side don’t worry bro

[WhatDoYouThink!]

So It’ll either chiong above 18k, stay at 18k or collapse below 18k

[Zannn]

As long as 18K holds....it's okay.18K is now supoort.

Broke 18k, are you worried now?

[sgbuffett]

Broke 18k, are you worried now?

No it's just last minute closing anomaly.
Many players who need to rebalanced or sell /buy often wait till the closing ...because today the market rose much of the day these people waited until close for better prices to sell

[revealer]

To go up,  HSI must keep the momentum. But it has the habit of morning up afternoon down. Will this time b an exception

The HSI player r behaving more and more like fisherman, casting nets in the morning and collecting nets in the afternoon. The failure to hold above 18k does not bode well with investors’ desires to break up from recent price falls.

[Zannn]

No it's just last minute closing anomaly.
Many players who need to rebalanced or sell /buy often wait till the closing ...because today the market rose much of the day these people waited until close for better prices to sell

Now broke below 17850, is it still last min rebalancing? Lol

[Zannn]

No it's just last minute closing anomaly.
Many players who need to rebalanced or sell /buy often wait till the closing ...because today the market rose much of the day these people waited until close for better prices to sell

All gains wipe off lol

[sgbuffett]

Expected there is some volatility and HSI is sold down from above 18K to 17750.

While tiis look like another failure to stay above 18k and traders gave shorted ...I believe the HSI will recover quickly to above 18K.

The reason is all the blue chip earnings already out and shows a stabilisation. With US interest rate cuts coming and Chjna/HK markets being the highest yielding markets ....these markets can sustain an uptrend unlike previous selloffs.

Any selldown below 8K  is a small window of time to buy. Take advantage as these may last only 1 day or half  a day.



Market will reverse from intraday selldown and move up at 1030am when automatic buy programmes are turned on.

Pro traders will buy at 1030am to get the best upswings.

[Zannn]

Expected there is some volatility and HSI is sold down from above 18K to 17750.

While tiis look like another failure to stay above 18k and traders gave shorted ...I believe the HSI will recover quickly to above 18K.

The reason is all the blue chip earnings already out and shows a stabilisation. With US interest rate cuts coming and Chjna/HK markets being the highest yielding markets ....these markets can sustain an uptrend unlike previous selloffs.

Any selldown below 8K  is a small window of time to buy. Take advantage as these may last only 1 day or half  a day.



Market will reverse from intraday selldown and move up at 1030am when automatic buy programmes are turned on.

Pro traders will buy at 1030am to get the best upswings.

Everyday Friday?

[sgbuffett]

Expected there is some volatility and HSI is sold down from above 18K to 17750.

While tiis look like another failure to stay above 18k and traders gave shorted ...I believe the HSI will recover quickly to above 18K.

The reason is all the blue chip earnings already out and shows a stabilisation. With US interest rate cuts coming and Chjna/HK markets being the highest yielding markets ....these markets can sustain an uptrend unlike previous selloffs.

Any selldown below 8K  is a small window of time to buy. Take advantage as these may last only 1 day or half  a day.



Market will reverse from intraday selldown and move up at 1030am when automatic buy programmes are turned on.

Pro traders will buy at 1030am to get the best upswings.

As expected.a bottom is formed at exactly 1030am

[Zannn]

As expected.a bottom is formed at exactly 1030am

Day is still early to say bottom lol

[Zannn]

As expected.a bottom is formed at exactly 1030am

Told u not everyday friday

[sgbuffett]

Chinese banks perform poorly as they need to allow customers to remortgage at lower rates.

Estimate income loss is $66B spread over a few yrs.



Looks more like profit taking after recent run up..rather than some kind of crisis. If yoh look at last few months China banks have gone up with other stocks have sink.

Also banks reported a 6% drop in earnings.
Chinese banks have more than 59% discount to book and low dividend payout ratios plus implicit guarantee fro.Chuna givt as China govt js majority share holders. As of today dividend yield is 8%.

[Zannn]

Chinese banks perform poorly as they need to allow customers to remortgage at lower rates.

Estimate income loss is $66B spread over a few yrs.



Looks more like profit taking after recent run up.

Yr 18k is goner

[sgbuffett]

Yr 18k is goner

HSI has reversed from the downtrend already even though it has not been able to stay above the key 18K level

It will not selldown but consolidate for another attempt at 18K.

[Zannn]

HSI has reversed from the downtrend already even though it has not been able to stay above the key 18K level

It will not selldown but consolidate for another attempt at 18K.

Did u see the uptrend already broken? By the time Hsi reach 18k again, yr leverage long all are losses

[Sharexchange]

DEEP profit shorting...because today is NEW MOON calender..a MAJOR MARKET TURNING POINT for GLOBAL MARKET.

Secret - Universe

[victortan]

HSI si liao... below 15000 soon.

[Zannn]

HSI has reversed from the downtrend already even though it has not been able to stay above the key 18K level

It will not selldown but consolidate for another attempt at 18K.

Still selling down

[Sharexchange]

Buy Nikkei for 700 pointsss rebound.

[sgbuffett]

these Lots of turmoil in overvalued US markets

But the Fed  rate cuts is like an oxygen supply that can keep China and HK recovery especially the property sector.

Anyway watch the HK China market today if they can hold out as Nikkei plunge 3-4%.

I will trim my HSI long positions if it does not begin to show strength near the 17K level.

These market went down as US market rallied for 3 yrs. I see a negative correlation. Now there has to be markets that absorb the outflows  from US emerging markets like Indonesia, Malaysia, etc ....China and HK are bombed out ....

As we enter a phase of weak dollar the carry trade has to find places with yield and stronger currencies.