Sunday, June 21, 2020

20200622 Market trend change

202008622 Where is support

last week is choppy and reached support on Monday. 

rebound to resistance and NDX fail to breakout high.

and outside reversal. technically wil going to test support again.

where is support 🤔? 

The next target week is coming. Breakout or test support further?


Sunday, June 14, 2020

20200615 key target week arrived

NDX made new high in target week and retreated to support level.

Anticipate rebound but very cautiously.
DJI and SPX will diverse and in.correction phase.

All these is about global unrest as stated long time ago together with new control act and green order.

Next week will be choppy and wait market singal.

It is very similar to early March.
🤫🤫🤫 so kind to do same.things?😂😂

Many people are too pessimistic past few month. But some younth are too optimistic to new technology.

Sunday, June 7, 2020

20200608 Trade strategy

NDX100 breakout and made new high


對於價值型股票和增長型動力股輪轉的問題,我的看法是增長型動力股見頂的說法並不恰當。首先,增長動力股其實有很多股份,不可能每隻都見頂;一如指數內不同股份,某些動力股失去動力或增長,不代表所有動力股失去動力或增長,市場只會將一些失去動力或者增長的股份取替,代之以新興的增長股。所以增長型投資本身是不會見頂的,只會是個別增長股見頂。

其次,市場憂慮的其實是5隻至10隻所謂動力科技股見頂問題,但這5隻幾10隻股票之中亦有很大的差別,例如微軟和Tesla便是完全不同的股票和公司。所以籠統地說五大或者十大動力科技股見頂也是不對的。其三,一日不成勢,幾個星期也不成勢,價值型股票長期落後增長股,最近反彈並不足以說是一趨勢改變。

但阻礙價值型股票繼續上升的一個重要因素是盈利下降。羅素1000價值型股票指數的周期股部分第二季盈利預測下跌17.6% 。比較之下,高增長的互聯網零售、社會媒體、家庭娛樂公司盈利只是預期下跌15%。反觀代表增長公司的納斯達克100指數有97%股票股價高於50天平均線,是2012年以來最高數字。5月份更加是軟件股的天下。高盛一籃子軟件股組合的企業價值及銷售比率上升21%。指標股Saleforce.com調低盈利及營業收入預測,股價下跌,但仍然未能拉低軟件股。

增長股宜套利 轉炒價值型股票
此外,商品交易顧問自從3月初以來回補空倉,買入3800億美元環球股票。根據野村策略師McElligott表示,商品交易顧問在5月27日由50%空倉轉為100%長倉會引發170億美元買盤,當日只是買入了50億美元;商品交易顧問仍然沽空細價股, 50%空倉;如果細價股上升至1522點,將會引發空倉回補。標指升穿3000點相信引發了商品交易顧問的買盤及止蝕也有助大增長股回升,因為大增長股多是指數重磅股。

不過,以上所說的是大趨勢,我的格言是中線買趨勢,短線炒流向,短期流向是增長股套利,轉炒價值型股票。因此究竟之後價值型股票會否反超前是以後的事,現在資金流入價值型股票是現在的事,兩者並不相左。

李順威 牛熊共舞

Tuesday, June 2, 2020

20200602 Civil unrest

Civil unrest spread from France and Hong Kong to worldwide. Those are seeking from government and gov turn against them.

https://reut.rs/2AypwZ2

Five police shot during U.S. protests, Trump says he could bring in military

WASHINGTON/MINNEAPOLIS (Reuters) - At least five U.S. police were hit by gunfire during violent protests over the death of a black man in police custody, police and media said, hours after President Donald Trump said he would deploy the military if unrest does not stop.

A protestor throws back a tear gas can shot by the police during a protest against the death in Minneapolis police custody of African-American man George Floyd, in St Louis, Missouri, U.S., June 2, 2020. REUTERS/Lawrence Bryant

Trump deepened outrage on Monday by posing at a church clutching a bible after law enforcement officers used teargas and rubber bullets to clear the way for him to walk there after he made his remarks in the White House Rose Garden.

Demonstrators set fire to a strip mall in Los Angeles, looted stores in New York City and clashed with police in St Louis, Missouri, where four officers were taken to hospital with non-life-threatening injuries.

An emotional St Louis police commissioner, John Hayden, said about 200 protesters were “jumping up and down like crazy people”, looting and throwing fireworks and rocks at officers.

“We had to protect our headquarters building, they were throwing fireworks on officers, fireworks were exploding on officers,” he told reporters. “They had officers with gas poured on them. What is going on? How can this be? Mr Floyd was killed somewhere else and they are tearing up cities all across the country.”

A police officer was also shot during protests in the Las Vegas Strip area, AP news agency said, quoting police. Another officer was “involved in a shooting” in the same area, the agency said.

It gave no details of the shootings or the officers’ condition. Police declined to comment to Reuters.

Trump has condemned the killing of George Floyd, a 46-year-old African American who died after a white policeman pinned his neck under a knee for nearly nine minutes in Minneapolis on May 25, and has promised justice.

A protester smiles as he is detained by NYPD officers for being involved in a looting of a store after marching against the death in Minneapolis police custody of George Floyd, in the Manhattan borough of New York City, U.S., June 2, 2020. REUTERS/Eduardo Munoz

But, with anti-police brutality marches and rallies having turned violent after dark each day in the past week, he said rightful protests could not be drowned out by an “angry mob”.

“Mayors and governors must establish an overwhelming law enforcement presence until the violence has been quelled,” Trump said. “If a city or state refuses to take the actions that are necessary to defend the life and property of their residents, then I will deploy the United States military and quickly solve the problem for them.”

Floyd’s death has reignited simmering racial tensions in a politically divided country that has been hit hard by the coronavirus pandemic, with African Americans accounting for a disproportionately high number of cases.

CRITICISM OF CHURCH VISIT

After his address, Trump posed for pictures with his daughter, Ivanka, and U.S. Attorney General William Barr at St. John’s Episcopal Church near the White House.

The presiding bishop of the Episcopal Church diocese in Washington D. C., Michael Curry, was among those who criticized Trump’s use of the historic church for a photo opportunity.

“In so doing, he used a church building and the Holy Bible for partisan political purposes,” he said on Twitter. The church suffered minor fire damage during protests on Monday night.

The White House said it was clearing the area before a curfew.

A few hours later, thousands of people marched through Brooklyn, shouting “Justice now!” while some passing drivers honked in support.

Television images showed crowds smashing windows and looting luxury stores along Fifth Avenue in Manhattan before the city’s 11 p.m. curfew. Mayor Bill de Blasio said the curfew would be moved to 8 p.m. on Tuesday.

Slideshow (11 Images)

Two police officers were struck by a car at a demonstration in Buffalo, New York, on Monday night. Officials said the driver and passengers were believed to be in custody. It was not clear whether the incident was intentional.

In Hollywood, dozens of people were shown in television images looting a drug store. Windows were shattered at a nearby Starbucks and two restaurants.

AUTOPSIES

A second autopsy ordered by Floyd’s family and released on Monday found his death was homicide by “mechanical asphyxiation,” or physical force that interfered with his oxygen supply. The report says three officers contributed to his death.

The Hennepin County Medical Examiner later released autopsy findings that also called Floyd’s death homicide by asphyxiation. The county report said Floyd suffered cardiopulmonary arrest while being restrained by police and that he had arteriosclerotic and hypertensive heart disease, fentanyl intoxication and recent methamphetamine use.

Derek Chauvin, the 44-year-old Minneapolis police officer who kneeled on Floyd, was arrested on third-degree murder and second-degree manslaughter charges. Three other officers involved in the arrest have not been charged.

Floyd’s death was the latest case of police brutality against black men that was caught on videotape and prompted an outcry over racism in U.S. law enforcement.

Dozens of cities are under curfews not seen since riots after the 1968 assassination of Martin Luther King Jr. The National Guard deployed in 23 states and Washington, D.C.

Reporting by Aakriti Bhalla, Subrat Patnaik, Lisa Lambert, Andy Sullivan, Maria Caspani, Peter Szekely, Lucy Nicholson, David Shepardson, Michael Martina, Brendan O'Brien, Sharon Bernstein, Lisa Richwine and Dan Whitcomb; Writing by Dan Whitcomb and Nick Macfie; Editing by Cynthia Osterman, Lincoln Feast, and Timothy Heritage

Bear market

As said.the market is in bear market starting in Jan 2022. We forecast it wil last till 2023. The bear market is driven by great reset agend...