GBA UPGRADE> Rheinmetall AG (RNMBY) IRA WORTHY*** Other OTC - Other OTC Delayed Price. 56.80+2.18 (+3.99%) At close: 03:48PM EDT
COPPER In a very impressive trade yesterday, copper forged another upside breakout and posted the highest trade since May 10th in the face of disappointing Chinese industrial production and retail sales earlier in the week. Clearly, the copper market definitively discounted disappointing “past” Chinese economic scheduled data and instead expect the Chinese economy to recover after a 2nd Chinese rate cut this week. The second cut in Chinese interest rates was for medium-term interest rate instruments. The bull camp should also be emboldened by clear signs of impending Chinese targeted support for several sectors of its economy. Underpinning the bull case is an extending pattern of material daily LME copper warehouse stocks outflows. However, a surprise increase in LME copper warehouse stocks overnight of 11,100 tons certainly dampens tightening supply arguments. On the other hand, Shanghai weekly copper warehouse stocks declined by 15,383 tons (-20.1%) and in the process posted a 15th week of declines out of the past 16 weeks. GOLD / SILVER In retrospect, the gold and silver markets saw the rug pulled out yesterday, experienced significant volatility and then aggressive rejections of the lows. disappointing Chinese economic data, the ECB rate hike and the Fed’s prediction of 2 more minor rate hikes this year combined sent longs to the sidelines, those fundamentals have been countervailed by a significant range down extension in the US dollar. Even disappointing Chinese economic data has been offset by a 2nd official Chinese interest rate reduction and by further signals this morning of impending support for specific struggling areas of the Chinese economy. Unfortunately for the bull camp, consistent gains in gold and silver only look to be the result of a single bullish theme (dollar weakness) and therefore gains could be hard-fought. Both gold and silver are facing demand headwinds from signs Inve
And not one thank you ever for turning you on to it. A stock you had never mentioned in 20 years here... until I found it. Kinda like PWR, LW, CPRT, AQUA, XRAY, AJG, THO, ASRT, ABB, BYDDF, RBLX, STLD, GNRC, PLAY, HDELY, SRAD (yet to deliver)... and a handful more. All for free, and none from "that morning's articles" written by other "experts". >>You're welcome.
When you are a stock detective you must spot the little things. We brought BERY global to your attention last week then on Friday right at the end of the day it had a super charged move. I watch this stock carefully for many years, have not seen this type of action before. Buyout? STRONG BUY***Berry Global Group, Inc. (BERY) NYSE - NYSE Delayed Price. 64.72+1.36 (+2.15%)<---------------- Check last half hour At close: June 16 04:00PM EDT
BERY gaped up $1 into the close and look at vol Volume-----> 16,526,535 Avg. Volume ->1,130,188 Highly unusual.
Lets Get Our List Together-- ATAT you already own this is the hotel operator/ China Ideas> No Hype just Xunlei Limited (XNET) NasdaqGS - NasdaqGS Real Time Price. 1.9000+0.1600 (+9.20%) No hype just CBAK Energy Technology, Inc. (CBAT) NasdaqCM - NasdaqCM Real Time Price. 1.4100+0.2000 (+16.53%) As of 03:46PM EDT. Market open. No Hype just PDD Holdings Inc. (PDD) NasdaqGS - NasdaqGS Real Time Price. 81.13+2.46 (+3.12%) As of 03:48PM EDT. BUY->iQIYI, Inc. (IQ) NasdaqGS - NasdaqGS Real Time Price. 5.45-0.05 (-0.82%) BUY NO 2->HUYA Inc. (HUYA) NYSE - Nasdaq Real Time Price. 4.0200+0.2100 (+5.5118%) As of 01:59PM EDT.
That's your stonedinvesting list of the more obscure names) Here with the help of IBD are some more names. Top Chinese Stocks To Buy Or Watch Company Ticker Industry Group Composite Rating BYD BYDDF Auto Manufacturers N.A. Trip.com TCOM Leisure-Travel booking 98 Vipshop VIPS Retail-Internet 88 NetEase NTES Computer Software-Gaming 90 Li Auto LI Auto Manufacturers 99 BYD- VIPS- NTES- Li- TCOM-
Ok that's 12 Chinese names to watch this week. We know from our own experience BYD is a good stock. Li I have liked before but went with NIO. Li is probably better now. NTES is an old stk I haven't thought about in years and TCOM is pretty self explanatory and with China experiencing some revenge travel would seem a good idea.
It turns out TCOM just got a REITERATION OF A BUY! New Buy Rating for Trip.com Group Ltd. Sponsored ADR (TCOM), the Technology Giant TipRanks Jun. 15, 2023, 02:25 PM In a report released today, Alex Poon from Morgan Stanley reiterated a Buy rating on Trip.com Group Ltd. Sponsored ADR (TCOM – Research Report), with a price target of $55.00. The company’s shares closed today at $35.86. According to TipRanks, Poon is a 3-star analyst with an average return of 4.9% and a 51.43% success rate. Poon covers the Technology sector, focusing on stocks such as Trip.com Group Ltd. Sponsored ADR, NetEase, and Tencent Music Entertainment Group. Currently, the analyst consensus on Trip.com Group Ltd. Sponsored ADR is a Strong Buy with an average price target of $45.56, which is a 27.05% upside from current levels. In a report released on June 9, Bernstein also maintained a Buy rating on the stock with a $43.00 pri The company has a one-year high of $40.17 and a one-year low of $19.25. Currently, Trip.com Group Ltd. Sponsored ADR has an average volume of 5.05M.