|Day Low/High||23.70 / 24.71|
|52 Wk Low/High||11.78 / 28.20|
Precious metals continue to soar and China names are under pressure.
The stocks are moving in similar patterns as talks around a tie-up continue.
Gap risk is very real with BILI, so options make a nice alternative here.
While Thursday's major change of character should give pause, you could be slowly building a long-term position and view this drop as an opportunity to add a small piece to that trade.
Political games of smoke and mirrors are making Asian trades look risky, but there may be another opportunity sprouting up.
Unfortunately, we have to operate under the principle of where there's smoke, there's fire.
Everyone from game publishers to chip developers to game-streaming websites appears to be getting a lift.
All three are names that can survive if the shelter-in-place order in various areas in the United States extends post-Easter, and they'll benefit beyond COVID-19.
I still don't think it's a terrible time to begin accumulating shares in quality companies for the long-term.
Let's be clear. The virus is the problem, and the economy will contract, perhaps significantly so, regardless of policy efforts made to counteract this reality.
While coronavirus uncertainty is a near-term overhang, Alibaba continues delivering impressive top-line growth for a number of businesses.
Technology such as 5G, streaming and cloud computing should all step up their game in this new year, but eSports, and specifically Huya, will likely hit it out of the park.
The following names have some risks attached. But they're also seeing strong growth and trading at relatively subdued valuations.
Compared with prior Singles Day events, Alibaba got a bigger sales lift this year from 'lower-tier' Chinese cities, and saw stronger promotional activity from big brands.
A report indicated that Trump Administration officials are seeking ways to limit capital flows from U.S. investors into China.
This trade idea leaves plenty of time to see if the breakout takes hold without getting eaten alive by time decay.
Consider this strategy for the recently public esports name DouYu, the largest live-streaming, game-centric platform for esports on mobile devices and other computers.
Huya posts better-than-expected numbers on top and bottom lines.
eSports are the future, and a company like HUYA with its pulse on the community can benefit greatly.
Nvidia still needs China's approval for the buyout of Mellanox.
I know I haven't talked much about the overall markets today. My analysis falls well short of Dougie in this regard. I tend to trade or focus on specific sectors with volatility and action. That means I spend a lot of time with cannabis, eSports, Ch...
YY has been hammered time and time again after reporting earnings. Last week, that trend came to an end.
Let's look at the charts and indicators to see what they look like.
I lean bullish on Nvidia, but with tempered expectations of a 4% to 5% post-earnings upside.
There's an opportunity for investors in a few, small speculative Chinese names. Consider playing the space this way.
Repetition is the key to learning, but sometimes there is only so much you can learn before repetition becomes useless. I'll give you an example. In early 2005, my wife gently tapped me on the shoulder to tell me that the crazy heartburn she'd been ...
The trendy Chinese name is down some 13% on good earnings that apparently weren't good enough.
I like small oil stocks, and I'm watching recent high-flying Chinese names like iQIYI.