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
















