Posted by DigiNomad on 17th of Jan 2024 at 03:06 pm
I honestly didn't think the Chinese numbers were that bad.
Basically in line with expectations and a big beat on youth
unemployment. The problem is who the data is coming from. If
they say 5.2% GDP and 14% youth unemployment (down from 20+), maybe
it's really 4 and 19? Hard to say. Makes for a tough
investment and/or trade. I bought a few calls but gave myself a few
months to potentially be right (sized it like a lottery
ticket...very small trade).
Less and less reason to subject your company to IP theft and
logistics issues as CCP labor moves up the cost curve.
Posted by DigiNomad on 10th of Jan 2024 at 12:35 pm
KWEB
Very weak. That's why I'm looking to play
for a bear trap (if it triggers). I imagine there's as many calls
sold short against KWEB as there are against DAX. It's likely
to squeeze the bears at some point.
CBAT Updated View
Posted by steve on 10th of Jan 2024 at 09:58 am
CBAT - Chart Link - mercy, this has been a big runner
If the spin on China
Posted by shellson2 on 10th of Jan 2024 at 12:23 pm
If the spin on China turns demonstrably positive (don't hold your breath), this puppy may even be more explosive.
KWEB is a interesting spot.
Posted by DigiNomad on 10th of Jan 2024 at 12:27 pm
KWEB is a interesting spot. If it recovers to 25.36 today, my standard bear trap play will trigger. For now it's just making new low after new low.
KWEB weekly ... looks weak
Posted by mla127 on 10th of Jan 2024 at 12:32 pm
KWEB weekly ... looks weak ...
KWEB Weekly ... looked week
Posted by mla127 on 17th of Jan 2024 at 03:02 pm
KWEB Weekly ... looked week and acted as such ... last numbers from the commie paradise feels like a wet blanket on all markets
I honestly didn't think the
Posted by DigiNomad on 17th of Jan 2024 at 03:06 pm
I honestly didn't think the Chinese numbers were that bad. Basically in line with expectations and a big beat on youth unemployment. The problem is who the data is coming from. If they say 5.2% GDP and 14% youth unemployment (down from 20+), maybe it's really 4 and 19? Hard to say. Makes for a tough investment and/or trade. I bought a few calls but gave myself a few months to potentially be right (sized it like a lottery ticket...very small trade).
Less and less reason to subject your company to IP theft and logistics issues as CCP labor moves up the cost curve.
KWEB Very weak. That's why
Posted by DigiNomad on 10th of Jan 2024 at 12:35 pm
KWEB Very weak. That's why I'm looking to play for a bear trap (if it triggers). I imagine there's as many calls sold short against KWEB as there are against DAX. It's likely to squeeze the bears at some point.
I'm in FXI. Lumps will
Posted by shellson2 on 10th of Jan 2024 at 12:31 pm
I'm in FXI. Lumps will be taken short term, but inevitably they will have to stimulate again and again.....sound familiar?