KNDI is a new economy stock. Pollution is the biggest problem in china.
Market pulled it down from over $20 but still very good. Up good YTD and great longterm stock..
Be selective on solar stocks with tons of debts.
Since debts is a huge problem in china right now. Stocks we discussed here have tons of cash. VIPS has about $1B cash, a big B.
OK, her name is Jing Ulrich.
The old economy , many with overcapacity like tooling, cement, aluminum, etc
Some have lending problems with sky rocking lending and needs to be reformed, even shutdown bad industries.
The new economy is the most successful like ..E-commerce, logistic, mobile, Internet. They need and deserve lending . The government wants this new economy to be the future, favor the new economy!!!
What does this tell us...which china stocks belong in the new economy?
Longs know the answer, right?
There are two groups of stocks (some in the middle, no patterns) that we can be RSI can be predicted a kind of of not too difficult.
Strong, clean uptrend stocks driven by solid earnings, growth consistently We can see this in WYNN VIPS for example. As we can see, the stocks can high very high RSI because basically it does not matter where we buy, eventually they will be higher. These stocks when the pullback, RSI pulled back to 50 or 60 or evn 65 and go back up...so unless there is a fundamental change that changes the trend then these stocks have RSI between about 50 to 85 90
Another downtrend group of downtrend stocks. RSI just below than 50 and lower than 30...
Need to help someone in the falmily just called to help with homework so will post more...
I did not write down her name. I have seen her on CNBC a few times. She was honored as the most powerful
Person on.......walstrreet by Forbes? Let me check again...anyway very well respected.
She said there are 2 economies in china. The old economy is slowing and the new one like E-commerce, mobile, etc. Is growing ..she is extremely positive...and said this is what china want to be..the new economy..
Anyone can summarize better please help me out.. I can read the recap again and post..stock prices are driven by fundamental..this knowledge will help us make good money.
Clearly VIPS is one of the best or the best in this new economy...
Quite a lady!!
All of the china stocks.
BIDU! QIHU VIPS YY SINA ATHM WBAI..etc
SINA ha s a value of $120 , weibo alone
CNBC said 95% ALIBABA will ipo here..this is when people will pay attention that how valuable china stocks are and the great growth due ro poppulation!
If s stock is good or bad. They took them out down.
This market will loose young investors because when good stocks are up, they took them down..
Can not make much in the bank either...
Market keeps hitting low and FEYE is holding very well.
If market is in green, FEYE already easily at $85 today
Look at the fundamental of FEYE. It has great products. Could save TGT billions. This is powerful...
FEYE. Has a long way to go up. Cybersecurity products will ne needed, a must for for years.
Hold FEYE. In our longterm portfolio..
Market is bipolar.
VIPS is $17 down from high today?
NASDAQ was +16 or so and now down 19...
Too bad..news this morning was very good.
Can not find reasons for the behavior of this market...not yet..still searching..
AMZN is the very strong... VIPS should be $200 today...
This market is so volatile..makes me seasick..
Look at the good news from VIPS...high over $167 and now in red.
Adding on dips great stocks.. YY VIPS ATHM GOMO WBAI QIHU BIDU. QIHU got another upgrade and look at it. It got a few upgrades since after ER..
This market is bipolar.. Up on on good data then dropped pulling even great stocks down
Look at VIPS...great news ..$167 high and now in red too...nonsense.
Buy good stock on dips...