๐ฏTrading HK stocks with a plan.
What I'm watching, where I'd enter & when I'd walk away.
๐ Start with my pinned post.
โ ๏ธ Never ask for money.
The Bank of Japan has raised rates to 1.25%, the highest since 1995. Itโs also the sixth hike since Japan ended its negative interest rate policy in March 2024. So why did the yen fall?
โ The hike was already priced in. The decision met expectations. Without an extra surprise, there may be little reason for fresh buying.
โก The outlook for further hikes fell short of some investorsโ expectations. The vote was split, leaving the market concerned that the BOJ would remain cautious about raising rates further.
โข The US is raising rates too. Higher rates in Japan donโt necessarily mean the gap with US rates will narrow quickly. Dollar assets still offer attractive interest returns.
Itโs like a company reporting higher profits, only for its share price to fall. If the market was expecting more, even good news can trigger a sell-off.
https://t.co/CM1fszYOv6, which I recommended earlier, continues to rise on higher volume. Congrats to everyone who profited from the move!
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$0100.HK
๐๐๐14 Sep:
HSI rose 0.45% to 24,918, but Hang Seng Tech edged lower. Healthcare stood out; autos had bright spots, while tech was mixed.
My take: a welcome pause in the selling, but too early to call a reversal.
Turnover was HK$192.6bn, down about 16% from Friday. This could mean less selling or weak buying interest. The next session should give us more clues.
Holding a laggard is tough: wait and miss other opportunities, or chase a winner and risk a pullback?
Iโd ask: is my stock lagging due to rotation, or has my reason for buying changed? That matters more than my break-even price.
https://t.co/joqaDAZXM0 and https://t.co/AKwZb10jtY remain holds in my view.
๐If the index keeps rising but your stocks donโt, would you wait or reassess? What would change your mind?
๐๐๐14 Sep:
HSI rose 0.45% to 24,918, but Hang Seng Tech edged lower. Healthcare stood out; autos had bright spots, while tech was mixed.
My take: a welcome pause in the selling, but too early to call a reversal.
Turnover was HK$192.6bn, down about 16% from Friday. This could mean less selling or weak buying interest. The next session should give us more clues.
Holding a laggard is tough: wait and miss other opportunities, or chase a winner and risk a pullback?
Iโd ask: is my stock lagging due to rotation, or has my reason for buying changed? That matters more than my break-even price.
https://t.co/r7CKCXamZ4 and https://t.co/jsuzYMkyIp remain holds in my view.
๐If the index keeps rising but your stocks donโt, would you wait or reassess? What would change your mind?
Tensions in the Middle East, rising US inflation and higher bond yields kept Hong Kong stocks under pressure today.
With market sentiment weak, itโs even more important to look for individual stocks with potential.
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