Dusting dusting contrarian, 29 May is the Ex-date for bonus issue. plus the LEE, WEN-JUNG (a substantial shareholder) acquired 140,000 shares on 17-May-2019 with the price of 1.6, i think nothing to be worried about, just the current economy outlook on Tech stock - overall bad due to ongoing US-China trade war.. it will be over by a day, rebound tomorrow or by next week, when nearer to ex-date *finger cross* collecting to lower down AVE
CH , HIKVision world largest Camera Surveillance company may next targeted by US. This will impact to demand for magnetic HDD. Just be be careful not time to buy yet
If China presses the last button to ban export rare earth to US, tech sector will crash.
But this is the last (nuclear launch like) approach. I doubt this could happen.
Huawei vs Rare Earth. Just paying a visit to rare earth factory is enough to scare Trump by giving 90 more days to Huawei.
Report also shows that US is rebuilding its rare earth mining and processing facility and will be ready soon. Until that happens, Trump may tone down a bit.
US stocks fell more than 1%, auto stocks and technology stocks were among the biggest losers, worst monthly performance this year; US oil fell nearly 5.5%; US bond yields fell sharply, and gold rose 1.5%.
Today is the first day kids go back to school. Yesterday was the last day of kids holiday. Yes, Monday(yesterday) is the last day of Raya holiday.
The first thing dads do today is to buy dufu, maybe due to too much visit to Japanese restaurants for the last two weeks.
No more jokes. The facts:
1. US Nasdaq sharp rebound for a week already. Today only see action in DUFU is due to two week school holiday for the past two weeks when all dads went 0% investment and 100% cash.
2. Trump is predicting a trade deal by threatening Xi to attend G20.
3. All Asian markets believed Trump.
4. Gold retreated after Trump promised a deal. That may reverse US Fed reserve promise of at least 3 rate cuts. Trump also criticised US Fed today. All leaders in world are too afraid to see rise in gold price as it is an indicator of an incompetent leader if price rises.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Euphoria87
30 posts
Posted by Euphoria87 > 2019-05-23 15:48 | Report Abuse
Dusting dusting contrarian, 29 May is the Ex-date for bonus issue. plus the LEE, WEN-JUNG (a substantial shareholder) acquired 140,000 shares on 17-May-2019 with the price of 1.6, i think nothing to be worried about, just the current economy outlook on Tech stock - overall bad due to ongoing US-China trade war.. it will be over by a day, rebound tomorrow or by next week, when nearer to ex-date *finger cross* collecting to lower down AVE