Good afternoon everyone ☺️I expected PPI to jump following Thursday's CPI figures and it did. The real surprise was gold…

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BABA Diamond Holder

Oct 16, 2026 at 04:21 AM

Good afternoon everyone ☺️

I expected PPI to jump following Thursday's CPI figures and it did. The real surprise was gold. It stayed calm and resilient, barely budging. Perhaps the earlier jitters were a false alarm. I am still not fully convinced.

Meanwhile, Hang Seng Tech performed well today. Alibaba up 3.95%, Tencent +1.24%. The HK market looks deeply undervalued to me. It is just a matter of time before funds rotate back here.

Have a good weekend ahead to everyone. Trade safely. Always have your own “Target profit”, stock loss and don’t be greedy ☺️.Cheers

Captain's Watch

Featured☕️ [Task Coins Giveaway] Daily Market Talk — Hot PPI Turns Citi and UBS Hawkish

September PPI landed a full point above forecast, and two big banks changed their rate calls. At home, September exports came in at double the forecast. Let's dig in 👇💬 With a December hike priced nea...

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