Dooomer
voted
$S&P 500 Index (.SPX.US)$ broke 5800 on Friday night and set new highs (again)🥳 That sets the momentum strong for the last quarter of earning seasons! My favourite $NASDAQ 100 Index (.NDX.US)$ has also broken it’s psychological 20,000 mark 🔥
If you have followed my last 🏦Market outlook 7-11 Oct 2024 congrats! Was pretty on track for my insights to have called on bullish momentum for $S&P 500 Index (.SPX.US)$ $SPDR S&P 500 ETF (SPY.US)$ $Vanguard S&P 500 ETF (VOO.US)$ as ...
If you have followed my last 🏦Market outlook 7-11 Oct 2024 congrats! Was pretty on track for my insights to have called on bullish momentum for $S&P 500 Index (.SPX.US)$ $SPDR S&P 500 ETF (SPY.US)$ $Vanguard S&P 500 ETF (VOO.US)$ as ...
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$HSI Futures(OCT4) (HSImain.HK)$ investors are not convinced by China Finance Minister, didn’t reveal much details on how the plans will be like
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Dooomer
commented on
Local governments have 2.3 trillion yuan in local debt fund to spend in the last 3 months
Will issue large-scale debt to swap for existing local debts
Local government debts risks is the biggest in recent years but needs to go through legal procedures
Will resolutely curb new local government debt risks
$Alibaba (BABA.US)$ $BABA-W (09988.HK)$ $TENCENT (00700.HK)$ $Tencent (TCEHY.US)$ $Hang Seng TECH Index (800700.HK)$ $Hang Seng Index (800000.HK)$ $KraneShares CSI China Internet ETF (KWEB.US)$
Will issue large-scale debt to swap for existing local debts
Local government debts risks is the biggest in recent years but needs to go through legal procedures
Will resolutely curb new local government debt risks
$Alibaba (BABA.US)$ $BABA-W (09988.HK)$ $TENCENT (00700.HK)$ $Tencent (TCEHY.US)$ $Hang Seng TECH Index (800700.HK)$ $Hang Seng Index (800000.HK)$ $KraneShares CSI China Internet ETF (KWEB.US)$
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$HSI Futures(OCT4) (HSImain.HK)$ next Monday crash 10% GAP DOWN. The ccp has no solid plans to help the economy. This Saturday will just make it worse. Many big investors have ran this week, next week will be worse.
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$SSE Composite Index (000001.SH)$ this index is trash
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