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    Mikhail Gorbachev, last Soviet leader, dies at age 91

    It was the coup attempt that brought down the communist. They were already or going to be bankrupt. It was Boris who stopped the coup attempt.
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    Income Inequality - by the REAL numbers

    Don't minimum wage is supposed to be the safety net?
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    China stocks next week skyrocketing

    Does audit improve the performance of a company? Nope. It's just a fact checking. The audit issue is the key whether Chinese stocks shall remain in the US exchange. The Chinese companies stock price will ultimately depend on its performance. Of late, Chinese companies are facing many challenges...
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    Prove to me that Technical Analysis Works.

    Linda Raschke probably provided the best summary of TA in this video clip.
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    CPRX

    Attached is the TOP 50 holders of CPRX from Edgar 13F-HR filing(all units in K shares) for the past 7 quarters. It seems investors are adding to their positions in the last 2 quarters. These numbers should be similar to the Yahoo Finance holders' report...
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    The Hidden Costs of No-Fee Trading

    My personal experience with IBKR(I am not promoting). Commission is about $0.25 - $0.35 per trade and $10 per month of data fee(non-pro fee). IBKR has dropped the $10 monthly fee.
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    Australia’s property boom making the nation poorer

    Look no further, China is a very good example now. Everyone is playing musical chair and hoping to sell to the next sucker.
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    Are option trades a zero-sum game?

    I read somewhere that only 10% are profitable and 90% lost money. If markets are forever expanding, 90% would make money. How many IPOs make it big? Not many. Of course, some disappear through M&A. There are many start-ups and most flops. Some even say the market is a negative sum game.
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    Investing in Drawdowns

    Just with any trading/investment strategy, it has its season. Just take CBOE as an example, 2012, 2013, 2017 and 2021 workout well for trend following. The rest of the years are tough. Drawdown is bitch in this strategy. Pick the right stock and at the right time are the keys. Don't these two...
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    Best place to see performance of various sectors of stocks?

    Best place is to have your own. However, one needs to have some programming skill and stock charting know how. 1. Set scan period e.g. Jan 3, 2022 - now 2. Scan the low within set period 3. Scan the high on the left(high-low) and right of low(low-high) and high-current 4. Track the number of...
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    Earnings times

    From the horses' mouth. Adobe Inc. Common Stock (ADBE) Earnings Report Date | Nasdaq
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    Risk ON vs Risk OFF: tickers to follow

    @KohPhiPhi, QQQ makes low on 6/16/2022 and close higher. https://finviz.com/quote.ashx?t=QQQ XLI makes low on 7/14/2022 and close higher. https://finviz.com/quote.ashx?t=XLI
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    China decoupling from wall street

    From a higher vantage point, there has been a new realignment of global power. As such, business relationship has to reflect that realignment.
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    China decoupling from wall street

    If need to disengage then do it in a proper and timely manner. 5 state-owned firms already started the process. https://www.reuters.com/business/finance/several-chinese-state-owned-companies-delist-nyse-2022-08-12/#:~:text=Sinopec and PetroChina said their,investment in Chinese technology firms...
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    Your favorite trading strategy ?

    Look at the fund managers' 13F-HR filings. Pay particular attention to new holdings and managers' with good track record.
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    What-If China attacks Taiwan

    How would people from western countries feel for losing the number one position in world order? This is reason I used the word "bow". Bigger wars is a result of success in smaller wars. Smaller wars are confidence builder. Big corporations' profit driven objection is source of the problem.
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    What-If China attacks Taiwan

    The USSR collapsed when it ran out of money. US debt is 30T and counting. China has money from US and western countries and getting stronger in military. From a historical perspective, once there is a change in power order, the 2nd has to bow to the 1st.
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    China-US Economic Tensions

    What would China do after taking Taiwan? On the similar trajectory, what would Putin do after taking Ukraine?
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    Taiwan must label its products as "Made in Taiwan, China"

    Motorola manufactured its Dynatac, Microtac, and Startac in the Libertyville plant near Chicago during the 80s and 90s.
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