Tuesday, June 28, 2022

BYD (1211 HK) "Sky is the limit"

BYD continues to deliver resilient EV sales thanks to a strong model line-up, vertical integration and leadership in LFP batteries.


Global EV sales remain resilient as car makers are prioritising EVs and China policies remain supportive amid the energy crisis.

BYD is a battery makers with technological leadership and cost competitiveness that will help to alleviate margin pressure caused by material inflation.

BYD is breaking above its all time high of 324.60 today and will enter a path of least resistance and the "Sky is the Limit", next target 350 and 367.




All posts and charts are for educational and illustration purposes only
Wednesday, June 15, 2022

BOJ Ramps Up Yield Control Defense Against Global Debt Rout

I don't think the Japanese central bankers can hold out any longer.


Start shorting Japanese government bonds, betting the Bank of Japan will be forced to abandon its super-easy monetary policy that's increasingly isolated from global peers.


The Japanese market will crash along with the bond market when liquidity is tighten. This could be the trigger for the next big crash.


Start shorting the Nikkei, it could happen soon!







All posts and charts are for educational and illustration purposes only
Monday, June 13, 2022

Is decline in yen due to carry trade ? Or is the market questioning the credibility of the Japanese central bank indiscriminate money printing policies.

Usd/Yen - Since I posted my bearish views of dollar / yen on 12 Apr when it was traded at 125.4 and had a target of 134 and 147 , the first target has been hit today, frankly it came sooner than I thought.

The sell-off in the Treasury bond market over the past two weeks, with the 10-year Treasury bond yield rising from 2.70% on 26 May to 3.02%, has predictably triggered renewed downside pressure on the yen and as long as the US treasury yields continue to go higher it will cause the yen to decline further .

What is the key issue here for investor? Is decline in yen due to carry trade or is the market questioning the credibility of the Japanese central bank indiscriminate money printing policies.

How the yen behaves in the next downturn is the crucial issue on which investors need to be focusing.

If the yen hits my next target at 147, it will be unusual signal worth paying attention to and potentially a signal that the monetary madness of the previous decades is seeing its first credible market signal that it will no longer be tolerated.

It could lead to the next Global Financial crisis.




All posts and charts are for educational and illustration purposes only

Glad to be featured as a part of the APAC Trader’s Summit line-up held on Saturday (11 June 2022).

Just in case you missed this it’s just up on YouTube. Tips and tricks dropped!


If you missed the event this is the recording ➡️ https://youtu.be/HhRvZYwDPF0




All posts and charts are for educational and illustration purposes only
Tuesday, June 7, 2022

Bloomberg Commodity Index poised to challenge the year's high after a 3 months consolidation.

Commodity super cycle typically last between 7-10 years , this cycle is 2.5 years old. 

Congrats to those who invested in the commodity unit trust under my management since mid 2021 , we are  outperforming every asset class. Ride this mega trend!




All posts and charts are for educational and illustration purposes only