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Weibo (WB) Tests the Pandemic Low 2021-12-14

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Weibo (9898.HK, Nasdaq: WB) was fined by the Chinese regulatory authorities. 9898’s stock price fell -9.6%. Since the Hong Kong listing has only been a few days, we can look…

HKEX Market Update 2021-12-14

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HSI fell -1.3% (-319 points) to close at 23,636 points, a 3-day losing streak. 31 out of 150 (21%) largest-cap stocks closed higher, but 27% of all HKEX stocks closed…

ASX Market Update 2021-12-14

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S&P/ASX 200 was off -0.3% and the market was unchanged. 79 out of 150 (53%) largest-cap stocks closed higher, but only 44% of all ASX stocks closed higher. 5 sectors…

Meta (FB, Facebook) Needs to Hold $331 2021-12-13

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Meta (FB, Facebook) was a rare gainer in Nasdaq today. It closed 1.5% higher with a 3.4% gain intraday. FB recovered the orange up-channel bottom earlier and now met resistance…

Nasdaq Market Update 2021-12-13

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Nasdaq 100 fell -1.5%, while the market ended -1.3% lower. Only 4 sectors closed higher. Utilities was the best with a 0.5% gain, while Energy was the worst with a…

TSX Market Update 2021-12-13

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S&P/TSX and the market were both down -0.7%. Only 4 sectors closed higher. Basic Materials was the best with a 0.8% gain, while Technology was the worst with a -2.2%…

HSI Meets Resistance at MA20 as in July 2021-12-13

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HSI met resistance at MA20 and the middle line of the black down channel, and wiped out all the intraday gain. The situation is similar to the yellow circle in…

HKEX Market Update 2021-12-13

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HSI fell -0.2% (-41 points) to close at 23,954 points. Mainland property stocks dragged Real Estate (-2.1%) to be the worst sector. Especially, SUNAC (1918) fell -7.9%, which was the…

ASX Market Update 2021-12-13

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S&P/ASX 200 gained 0.4% and the market was 0.3% higher. Basic Materials (1.4%), Real Estate (1.3%), and Energy (1.2%) were the only 3 sectors with more than a 1% gain.…

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