SG Talk

It never fail to rise before 2017 until Covid took toil;  then it came roaring back after Covid just to face another downturn

Bad sign HSI went above 20K but could not keep its gains and sold bad down

The China Stimulus in Sept 24 for property can only do this much.  Now the property index has just fallen below the 200MA with 50 MA and 20 MA declining at the same time.  Soon,  a 20/200MA dead cross would be formed and this will quicken the fall. Property sector will need another stimulus. It will be a deep money sink hole.

China economic fundamentals remain weak.
Some bright spots in HK and GBA.

HSI has gone above 20K level
This will again be temporary. A50 already show weakness yesterday.failing to stay above 13K level
The HSI has bounced above 20K 5 times in last 3yrs and failed to stay above it all 5 times. So its is a reliable trade to start shorting

Once HSI break just bekow 20K i will short.

Today to take profit.

Comeback after CNY

Wishing everybody Huat Ahhhh!!!

(22-01-2025, 06:18 AM)sgbuffett Wrote: [ -> ]China economic fundamentals remain weak.
Some bright spots in HK and GBA.

HSI has gone above 20K level
This will again be temporary. A50 already show weakness yesterday.failing to stay above 13K level
The HSI has bounced above 20K 5 times in last 3yrs and failed to stay above it all 5 times. So its is a reliable trade to start shorting

Once HSI break just bekow 20K i will short.

HSI again failed to hold above 20K.

Shorted just when it broke 20K support.

Pro traders can see how HSI is unable to stay above 20K

(22-01-2025, 09:46 AM)sgbuffett Wrote: [ -> ]HSI again failed to hold above 20K.

Shorted just when it broke 20K support.

Pro traders can see how HSI is unable to stay above 20K

Sinking fast. Congrats to all who shorted.

10 per cent duty on Chinese imports could come as soon as Feb 1. He said 60% tariff before.

https://www.channelnewsasia.com/world/tr...yl-4888226

(22-01-2025, 10:37 AM)teaserteam Wrote: [ -> ]10 per cent duty on Chinese imports could come as soon as Feb 1.  He said 60% tariff before.

https://www.channelnewsasia.com/world/tr...yl-4888226

It's not just the 10% tariffs ....US can redirect capital flows against countries that is not aligned with it's interests. US for all it's flaws and weakness controls the major proportion of invested capital. This is economic life blood.

HSI bump its head against 20K level and came down again.

Bad sign ...expect HSI weaken throughout today and lose all its morning gains.

(23-01-2025, 09:49 AM)sgbuffett Wrote: [ -> ]HSI bump its head against 20K level and came down again.

Bad sign ...expect HSI weaken throughout today and lose all its morning gains.

Yr yesterday shorts already get wipe/ stop out. Today another round of wipe out?

(23-01-2025, 07:43 AM)sgbuffett Wrote: [ -> ]It's not just the 10% tariffs ....US can redirect capital flows against countries that is not aligned with it's interests. US for all it's flaws and weakness controls the major proportion of invested capital. This is economic life blood.

I doubt so. He had difficulties controlling the Fed, short of being able to control the private finance institutions and the global investment managers. He has threatened to rewrite the Constitutions to demolish the Fed, but it is all just talk and no action.

After having a trend and ending with an Evening Start candlestick pattern, one would expect HSI to be very weak. It likely would cover up the last candlestick gap at around 19.300.

With this kind of news, not much hope to see Chinese stock recovering from this fall so quickly. Whether the investor would buy up HSI is yet to be seen.

Quote:China’s Southbound Bond Outflows Hit Highest Level Since 2022


Chinese sovereign bonds’ falling yields are driving onshore investors to actively hunt for overseas alternatives with higher returns.

Capital outflows from mainland China via its Southbound Bond Connect program totaled nearly 52 billion yuan ($7.1 billion) in December, the highest since August 2022, according to Bloomberg-compiled data. The program allows mainland investors to invest in the Hong Kong bond market.

https://www.bloomberg.com/news/articles/...since-2022

(23-01-2025, 10:00 AM)Zannn Wrote: [ -> ]Yr yesterday shorts already get wipe/ stop out. Today another round of wipe out?

Sgbuffett did u get stop out of yr shorts again? Don’t cover later more pain arr

This Bloomberg news could have add fuel to HSI and SSE. But this news was released a few days ago except this Bloomberg news added that JPMorgan Chase's calculation has a total monetary injection of 13 trillion yuan over three years.

https://www.bloomberg.com/news/articles/...alysts-say

(23-01-2025, 03:04 PM)teaserteam Wrote: [ -> ]After having a trend and ending with an Evening Start candlestick pattern,  one would expect HSI to be very weak.  It likely would cover up the last candlestick gap at around 19.300.

Chart looks good may go 40K this year

(24-01-2025, 02:05 PM)Sharexchange Wrote: [ -> ]Chart looks good may go 40K this year

Can. Possible if only XI dies. U go and assasinate him. 

Sgbuffet will celebrate CNY at Beijing.

(24-01-2025, 02:38 PM)victortan Wrote: [ -> ]Can. Possible if only XI dies. U go and assasinate him. 

Sgbuffet will celebrate CNY at Beijing.

I think Xi ai Si liao...推背书say he will be the last 5th stupid leader in China

(24-01-2025, 01:41 PM)teaserteam Wrote: [ -> ]This Bloomberg news could have add fuel to HSI and SSE. But this news was released a few days ago except this Bloomberg news added that JPMorgan Chase's calculation has a total monetary injection of 13 trillion yuan over three years.

https://www.bloomberg.com/news/articles/...alysts-say

ere

Nothing new. They have been asking and requesting their funds to prop up the stock market b4. Their fund managers r not fools. Soon the market will go back to where it was b 4.

HSI again temporarily above above 20K

Since thread started it has never managed to stay above 20K always falling below jn a matter of days or weeks

After CNY market will Lao si

(24-01-2025, 01:13 PM)Zannn Wrote: [ -> ]Sgbuffett did u get stop out of yr shorts again? Don’t cover later more pain arr

Bet u did not listen again when tell u to cover.

(24-01-2025, 08:43 PM)sgbuffett Wrote: [ -> ]HSI again temporarily above above 20K

Since thread started it has never managed to stay above 20K always falling below jn a matter of days or weeks

Did u sense the turn of tide from US to China?

(25-01-2025, 12:37 AM)Zannn Wrote: [ -> ]Bet u did not listen again when tell u to cover.

Sgbuffett your Hsi shorts below 20k how?

As expected Trump imposed tariffs causing HSI to crash and panic sell.

I will be covribg my short positions at the panic lows today.

(03-02-2025, 09:47 AM)sgbuffett Wrote: [ -> ]As expected Trump imposed tariffs causing HSI to crash and panic sell.

I will be covribg my short positions at the panic lows today.

Covered.....