What stocks you buy in HK market?
Scientists Create Antibody That Defeats Coronavirus in Lab
https://www.bloomberg.com/news/articles/202...nd=premium-asia

Antibody known as 47D11 prevented Covid-19 and SARS in study
Early findings made in the lab may not be confirmed in humans

Guess this may affect the stock market. Looks promising

can share the bank name ?

US market looking very bullish..

Given that if you are able to get $0 commission accounts nowadays, is it worthwhile to sell shares before ex-div date and buy it back after?
This avoids the 30% withholding tax.

It is a bit on the micromanagement side, and if you have a ton of different shares, it may be too troublesome.

Focusing on high dividend yield shares, theoretically, is this possible?

No doubt, the risk is that share go up in between the the dates you sell and you buy.

Actually I know a bunch of folks in my company that holds their company shares forever. The withholding tax alone could be few thousand a year, RM
Since they have all their eggs in 1 basket, might do them well to (micro)manage it 4 times a year.

EDIT: For those wondering, US folks don't do this since they are subject to Capital Gains if they sell. And they can get 0 tax on dividend if the stock is in their retirement account. And this is probably not suitable for when markets are volatile, but during normal times, stocks don't fluctuate that much.

Make their monies from provision of  margins or other leverages

It seems the stock market is detached from the economy, no longer represent the economy even forward looking for 6 months.

Nasdaq to 10k, S&P to 3000, Vix below 30. Bull market?

Already 1 month waiting for this bullish correction...

Agreed.. when everyone is waiting to “buy the dip”.. it’s hard to drop with everyone standing by $$. Unless of course we get a “shocking world changing” news.

Still standing by 40% of bullets, but using 10% to hop in and out some speculative counters. Other 50% will be long term hold. In a way, wouldn’t want to miss any future opportunities, but yet don’t wanna miss this bull run.

Citigroup has been a really good stock to trade. From 40s to 50, then back to low 40s lol. They fluctuate higher than JPM/BAC on a daily basis.

The only reason why S&P is high is because it’s supported mostly by tech stocks. If you look at financial (including insurance) / energy / utilities sector it’s still badly hit and bearish.

As for consumer staples, they are faring quite well as the likes of Pepsi, coke, Walmart etc is doing fairly decent during as the global situation is not affecting them in a large adverse way.

So it looks like the money is right where it’s “supposed” to be in the market at the current condition.

I guess those who are waiting for the next dip are mainly waiting for the tech bubble to burst? Now, we have too look at how did big tech (MAGA/FAANG) perform and unsurprisingly, the global situation might turn out beneficial even for them, especially in the long run as people’s habits are changing and the “hooked” factor will slowly creep in.

This kinda make me fear that even if the tech bubble burst, it won’t be as bad. Just take for example, AAPL was at ~240 in March, and then spike up to ~310. If it ever burst and go back down to the range of 240-260, think many investors will start picking them back up. I can’t foresee them to go lower than that though or I might be wrong

I wonder if the tech bubble burst, how bad it will affect the financial/ energy sector though. Currently my only exposure to tech is via companies like BRK and CINF (both which are mainly operating insurance), and also some
China tech stocks.

The only big “tech” stock which I think will have the largest downside is Tesla, it really feels like the bitcoin euphoric trading days =\. Amazon might have a larger downside given its recent spike too. But I might be wrong. No one can really predict the market ;p

Shorts closed @ 2775

I've always been bullish.
Took a short for a EW wave 2 which I think is around this area (27xx).

Huge fluctuations today. Market swing from -1% red to +1% green lol. Why is it everytime when bad unemployment report comes out, the market goes green?

Finally banking and insurance stocks getting some love.

So did you buy anything during the dip?