Kenan Abel @KenanAbel: "Dear copiers, Just a quick update..."

Germany

Dear copiers, Just a quick update on the markets I trade. $HKG50 gained as technology companies rebounded from a slump after antitrust regulators in China summoned 34 big internet companies for a lecture on compliance. Regulators in Beijing hauled in 34 industry leaders on Tuesday and told them to learn from a record fine on Alibaba Group Holding, the owner of this newspaper. “The leading technology companies in the Hong Kong stock market have clear main businesses, strong cash flow, and rapid profit growth,” analysts at CSOP Asset Management wrote in a report on Wednesday. “Considering that their valuations are in a reasonable or even low position in its listing history, these tech giants are still attractive.” $GER30 is pretty boring these days, but also dangerous because unpredictable. In my eyes the worst thing DAX traders can do these days trying to compensate the low volatility with high leverage. Volatility can increase anytime. I sit and wait and in the meantime I trade other markets such as $SPX500 and $DJ30 The US markets are doing pretty good. Encouraging company figures buy for the right prices on Wall Street: The S & P 500 increased by 0.2 percent on Wednesday in the course of trading and closed at a record high the day before. The Dow Jones industry average is around 0.5 percent. The Nasdaq Composite content increased 0.2 percent. My balance is 40%. Normally I invest more an old saying goes: grass doesn't grow any faster if you pull on it. Thanks a lot for your trust. Cheers Kenan

Not investment advice. The author may have financial interests in the mentioned instruments.

3 Mentioned

HKG50

SPX500

DJ30

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