Chang‘s Thought(24JAN2024): Testing 40k
Market The market continues to show a gradual decline. Finally tested 40k and BTC is reaching near 38k, the level expected last week. I still think the 38k level is…
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Market The market continues to show a gradual decline. Finally tested 40k and BTC is reaching near 38k, the level expected last week. I still think the 38k level is…
Market sentiment remains undecided and influx with a number of diverging headlines and developments across different regions. China started the day with first signs of a ‘liquidity put’ with a…
Yesterday (January 22nd), the three major U.S. stock indices all closed higher, with the S&P 500 and the Dow Jones rising by 0.22% and 0.36% respectively, reaching new highs at…
A muted start to the week with US markets grinding to new all-time highs, while China/Hong Kong stocks continue to struggle with a -10% YTD performance thus far. The continued…
Last Friday (19 JAN), the U.S. annual inflation rate expectation for January was recorded at 2.8%, the lowest level since 2020. The Michigan Consumer Sentiment Index was higher than expected…