😱 The shocking chart of the day: a 128% INTRADAY increase for a HK-listed ETF !!!
The China equities rally look unstoppable... 😱 The Hang Seng Tech Index expanded its gains to 9%, while the Hang Seng Index surged by 6%. The FTSE China A50 Index futures rose by over 8%. As shown on the chart below, the HK-listed Science and Technology Innovation Board 50 ETF, surged dramatically, with an intraday increase of 128%. In the previous trading day, it closed with a rise of over 21%. Source: CN Wire
According to Polymarket, probability of having an Israel military response against Iran by Friday is <50% as of writin
Source: Polymarket, C.Barraud
France has always missed its fiscal deficit forecasts
France has the highest tax burden in Europe, so cannot increase taxes without throttling growth. Spend is mostly pensions & local governments And with political paralysis there won’t be any structural reforms. Is a fiscal crisis looming? Source: Michel A.Arouet, Oxford Economics
HedgeFunds are buying Chinese Stocks at the fastest speed in history
Source: Barchart
geopolitical risks are not going away anytime soon...
Lockheed Martin $LMT soars to all-time high 📈 Source: Barchart
gold explained in one hashtag
Source: Wall Street Silver
Sometimes things come at you fast: MSCI China now outperforming MSCI USA year to date
Source: Louis-Vincent Gave, Gavekal
😱Yesterday's China equity market performance in one chart !!!
Below is a heat map of today's returns of the 2,230 stocks which belong to the Shanghai Composite index... Not a single one was down (the worst one was actually flat). And 10 stocks gained more than 20%... Source: Oktay Kavrak, CFA
