Talib is right , if HY was at 3-4 before covid , to go back to 5 needs some sort of magic - demand just not there anymore , also i think refined oil inventory must have build up over the past 2 months

a lot of pseudo-analysis in this site - almost seems written with one purpose to garner support with no risk to money taken into account. in this MCO i have the opportunity to survey the postings - recent and past - a lot of losses seen - some even bragged how much they lost as if it is an honor ! also a lot of marketing of trading/advisory platforms which i avoid - i mean if its so good as claimed why not the founders use it to make lots of money - no need to sell to the public. but all these make for entertaining read nonetheless hahaha

to expect a correction now and be cautious is not unreasonable

it is a normal phenomenon where investors get caught up with the theme of the day which has captured their imagination and just simply extrapolate ahead the potential profit to be had. like the initial internet plays in early 2000, valuations overshooting reality with the company owners making more money from their shares in a short period of time than the actual business which could take years.

also our market has been on an uptrend for a while now since mid-March , almost all counters rebounded from lows , some more than others but now may not be a good time to be bullish - i think the recent market rise has lulled many market players into a sense of positive complacency - Btw , DJIA dropped 600+ points while Nikkei future also dropped heavily on Friday - chart-wise look like pennant breakdown signalling resumption of the earlier downtrend - Monday could see our market follow suit - bears waking up from the short nap - just my two cents to advice caution now

if you add up short-term and long-term borrowings, the amount is higher than cash

the increase in cash accompanied by huge jump in trade and other payables, so net-net no cash at all , i think

KYY: I lost about 90% of my wealth - the headline says everything ...

why cant we all admit we are all just making our way through this market maze - trying our best to make money - some go for fundamental analysis , some technical charting , or trend following and etc - i think it all boils down to your capital risk management

yeah no point looking up to these so-called market gurus , in the end they all crashed and burn. history is a good guide market is full of such people. maybe they got lucky in the beginning and believe they are good but actually it was just random and probability at work. furthermore , can you believe that someone actually want to help you make money ?

the media and entertainment industry has been rocked and disrupted by new technology more than any other industry in recent years (but others may not be safe for long i.e. banking, insurance, etc) , most old players are struggling to make heads or tails of the new onslaught - just check what media outlets/apps your children or nephews nieces are logged in - and also what passes as entertainment these days

in the end analysis, the key factor is the management - the people behind the show - cash is just that , cash , new start-ups with brilliant ideas can raise cash from willing investors - that's why they are disrupting and totally obliterating the old ways of doing things or old businesses

Hi, i wonder if anyone out there is using trend following to trade the market?

but what the use of migrating your sourcing , like this virus case now , manufacturing disrupted world-wide and it appears that China is rebounding ahead of the rest ...

hi