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Collins Foods $Collins Foods Ltd(CKF.AU$fell by 6.6% in early trade on Friday March 1, to $10.31, its lowest level since Nov 2023 and its trading volume was 28 times the average for this time of day. The drop came after Citi downgraded the stock to a sell with a $10.60 price target. Spooking some investors.
CFK is the worst performer in the ASX200 on Fri...
CFK is the worst performer in the ASX200 on Fri...
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Despite my busy schedule today and I manage to do 3 trade with profit ❣️
Is the market movement or me being consistent❓❓❓❓❓
Is the market movement or me being consistent❓❓❓❓❓
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Companies that operate in more sensitive environments – such as TikTok and the online fashion giant Shein – have business hubs in Singapore. Chinese companies such as electric-vehicle maker Nio are established in the city-state, while tech companies including Huawei Technologies are expanding operations there.
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An In-depth Look at Magnificent 7 Stocks including Tesla, Nvidia And More
In the Goldman Sachs report, "2024 US Equity Outlook All You Had To Do Was Stay," it disclosed that the massive outperformances of the “Magnificent 7” ("M7") mega-cap tech stocks had been a defining feature of the 2023 equity market. In 2023, the M7 stocks logged an impressive average return of 111%, compared to a 24% return for the broader $S&P 500 Index(.SPX.US$ [1]. By t...
In the Goldman Sachs report, "2024 US Equity Outlook All You Had To Do Was Stay," it disclosed that the massive outperformances of the “Magnificent 7” ("M7") mega-cap tech stocks had been a defining feature of the 2023 equity market. In 2023, the M7 stocks logged an impressive average return of 111%, compared to a 24% return for the broader $S&P 500 Index(.SPX.US$ [1]. By t...
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$XPeng(XPEV.US$ $Hang Seng Index(800000.HK$
Hong Kong's Hang Seng Index may add more electric vehicle and foreign firms in its upcoming quarterly review as the exchange progresses toward its 100-member target.
Chinese EV maker XPeng and Hong Kong-listed foreign companies like Prada SpA are among potential candidates for inclusion in the stock benchmark, analysts said. Hang Seng Indexes Co. is due to announce results of the review on Feb 16.
Xpeng...
Hong Kong's Hang Seng Index may add more electric vehicle and foreign firms in its upcoming quarterly review as the exchange progresses toward its 100-member target.
Chinese EV maker XPeng and Hong Kong-listed foreign companies like Prada SpA are among potential candidates for inclusion in the stock benchmark, analysts said. Hang Seng Indexes Co. is due to announce results of the review on Feb 16.
Xpeng...
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Bloomberg's Chart of the Day shows that investment managers are heavily buying into Chinese stocks vias ETFs, as they are appearing cheap.
The amount of money pouring into Chinese funds focused on the CSI300 over the past month has exceeded flows into US stocks.
Below are the most bought ETFs globally, over the last 30 days, sorted by volume.
The amount of money pouring into Chinese funds focused on the CSI300 over the past month has exceeded flows into US stocks.
Below are the most bought ETFs globally, over the last 30 days, sorted by volume.
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Mag 7 is Taking a Break
The Dow Jones finished higher than SPY and QQQ. Medium, small, and mocro-cap ETFs finished the day even higher than the Dow.
This tells me that the indices that are heavily weighted with the Mag 7 are taking a breather as other areas of the market, besides big tech, play the catch-up game.
The Rotation is Real
$iShares Russell 2000 ETF(IWM.US$
Just look at the Russell printing higher highs as the rotation into small caps continues. ...
The Dow Jones finished higher than SPY and QQQ. Medium, small, and mocro-cap ETFs finished the day even higher than the Dow.
This tells me that the indices that are heavily weighted with the Mag 7 are taking a breather as other areas of the market, besides big tech, play the catch-up game.
The Rotation is Real
$iShares Russell 2000 ETF(IWM.US$
Just look at the Russell printing higher highs as the rotation into small caps continues. ...
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