$Invesco QQQ(QQQ)$ Market shifting bullish again, check out the chart action with candles slowly climbing and occasional big spikes, new all-time highs stacking up nonstop
$Alibaba(BABA)$Dr.M said in one of his comments that Baba was over $321 when Donald J Trump was President from 2016-2020 and once again, when he is sworn in as the 47th President, Baba will start its climb once again to over $ 300 in 2025-2026. Guess what is different this time?
$VanEck Junior Gold Miners ETF(GDXJ)$ With all the market uncertainty and inflation pressure still hanging around, gold and silver are back in the spotlight. They're classic safe-haven assets, especially good at hedging against inflation,and since they don’t pay interest, they actually shine more when interest rates are low. Goldman Sachs even came out and named gold and oil as must-haves for long-term portfolios to fight inflation. Why? Because there’s growing concern over the credibility of U.S. institutions and oil’s resilience to supply shocks. In times like these, gold becomes the go-to safe harbor for smart money.
$Alibaba(BABA)$BABA is actually doing massive buybacks and taking steps to unlock value, including making HK the primary listing, away from US investors. The more people sell at these ridiculous single digit P/E levels the more shares are retired, the higher EPS is for remaining shareholders.
$Alibaba(BABA)$Today's FT special report on Alibaba is quite interesting. It carefully reviewed the AI transformation journey of the past few years. The cooperation between Qianwen large language model and Apple has boosted morale, and next, Quark and Tongyi will be used to increase product coverage.It was disclosed that the cost of chip purchases alone will exceed 39 billion yuan this year. The attention from top-tier media also means that the market is gradually getting used to Alibaba's AI positioning.
$Invesco QQQ(QQQ)$ The market probably won't revisit previous support levels. Those who hesitated during optimal entry windows may face elevated entry costs. Price action continues marching toward uncharted territories, as this market never rewards spectators clinging to indecision.