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$AMC Entertainment(AMC.US)$
Christmas is coming , stanta claus giving out presents by shutting the hegies one by one, hohoho.

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$AMC Entertainment(AMC.US)$

My youtube channel:-
https://www.youtube.com/channel/UCAPWOEQKCpCWmzKkdo7v-iw
I was questioning if Chinese stocks are starting to move inversely as compared to the US stocks... My readers and viewers of youtube channel know that I have repeatedly mentioned about the Renminbi internationalisation as well as what are the lessons that we can learn from the stock market crash in Chinese markets back in 2015/2016.
Now Nasdaq 100 are showing slight signs of fatigue with pull-back from 16300 to around 15,650.. As for the Dow futures, it has fallen back down after hitting 36,000 with a recent low of 33,700... Now its back up as well as S&P futures up. My thesis right now is if US stocks are to fall further, there may be a chance for Chinese stocks to go back up slightly or at least hold. Why? For the long only funds and equity funds, which need its portfolio to be almost 100% in equity, they have to find something to buy isnt it?
As long as their investment mandate is a global mandate equity portfolio, then any sharp fall in US tech stocks or other brick and mortar US stocks, i.e. retail, hotel, airline, etc may lead to a stabilisation of Chinese stocks in US. We shall see if my hypothesis is right.
But you have to bear in mind that I dont have an algorithm model or supercomputer to test all datapoints.
As always, this should not be construed as any investment or trading advice.
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@老Unclereserved for you...

$Shoals Technologies(SHLS.US)$ Can you come down and pick me up tonight?

Morning scalp list @everyone
$ALFI INC(ALF.US)$
$Xcel Brands(XELB.US)$
$PolarityTE Inc(PTE.US)$
$Protagenic Therapeutics(PTIX.US)$
$Conformis Inc(CFMS.US)$
$SemiLEDs(LEDS.US)$

$AMC Entertainment(AMC.US)$ Today will be green but up not much…