First of all, wish all the friends a very
🎈🎄Merry Christmas!🎆🎇
I will be brief but you may want to pay attention to this idea as it may allow you to make some money when the general market is keeping going down. Can you see the pattern below? I'm sure you can as it is clear there has been a divergence with one trending up and the other trending down since October. Can you guess which are the two here? I assume many of you can guess the trending down one (upper line) is S&P as it started to tumble exactly from Oct. So what is the other one (yellow line) which can beat the US market?
Quite amazing, isn't it but I'm sure rarely anyone could guess it right. It is HongKong stock market (EWH)! With the "trade war" (although I never believe it is a real one) actively ongoing between US and China, who would have thought about a strong uptrend emerging from the HK market which includes a significant portion of stocks from Mainland China. Seems against the logic but this is a true reality at the moment. When those doomsayers want to let you believe that there will be a disaster brewing in anything related to China due to the "trade war", the market is quietly signaling that there is no need to be worried too much about. If a trade deal is actually worked out in a few months time, which I believe is very likely, just watch how high EWH will go! If you are so panicky about the US stock market, then the HK stocks may be worth looking into!
I was thinking a Santa rally here since Oct but it didn't materialize. Maybe this can be a Christmas gift idea for you! 🎉🎃
No comments:
Post a Comment