Latest results out for Coinbase. Revenue up 10 fold yoy. Unlike many ecommerce platform players this company actually has a profitable business model. Check out the growth in institutional participation in crypto as well. Company guiding soft 3Q but I believe it should pick up very soon with recent return of BTC price. Worth watching this space! 

$Alibaba(BABA)$ looks like most of the Chinese tech stocks are resuming their down trend.  However, some technical analysts believe that since they have already declined so much, when the market starts correcting, these stocks might actually go down less. Let's see what happens and where the share price settles. 

$PROPNEX LIMITED(OYY.SI)$ this is one amazing stock. Momentum still behind this. See where it leads us! 

$PALADIN ENERGY LTD(PDN.AU)$ uranium stocks moving. [财迷] 

$Taiwan Semiconductor Manufacturing(TSM)$Semicon sector has been positive on the shortage story for a long time. This could mark the end of the run. At least in the short term. No positive story goes on forever. 

A very thoughtful and insightful article talking about finding the Third Way for China, between pure Socialism and Capitalism. Author argues that in the first stage of China's development, capitalism has enlarged the pie for everyone. But in the next stage, China has to find a way to distribute the fruits of economic growth more evenly. Government should start by re-assessing the role of capitalism in the 3 pivotal sectors: education, medical care and housing. Actually, I believe they might have to move closer to the Singapore model where the public sector retains a huge role in these 3 segments, satisfying the needs of the majority of the people without surrendering it to a pure capitalist model. https://finance.sina.cn/zl/2021-07-27/zl-ikqcfnca9244156.d.html?from=wap

$Meituan(03690)$ stock following through after breaking out of consolidation. See my earlier post yesterday. So far so good. 

This is one amazing stock. Only wished I had participated. Haha... [开心] 

$NIO Inc.(NIO)$ nice consolidation before the bounce? China EV stocks might get a boost soon following TSLA's recent break out. 

$Metals X(MLX.AU)$ Tin continuing it's uptrend [龇牙] 

$Alibaba(BABA)$ Not sure if this is a value stock or value trap. Valuations are at multi year lows now but maybe this isn't the business it used to be. That's what so hard about investing. Trying to find the truth in the midst if uncertainty about the future. Would you rather buy a stock that is trending up or trending down like this one? [疑问] 

$GEO ENERGY RESOURCES LIMITED(RE4.SI)$ great action here today! Breakout on huge volume. 

$BABA 20211217 170.0 CALL(BABA)$ Working out well so far. I think it might take a short break soon before moving higher. 

$XLE 20211119 50.0 CALL(XLE)$ With natural gas prices and coal prices shooting through the roof, crude oil price should be breaking new highs soon. In fact I think we should see oil price back above $100 very soon. XLE, oil producers, which are trading at very low valuations should benefit. Bought some options yesterday. Good start for today. Hope it follows through. 

$AEM HOLDINGS LTD(AWX.SI)$ even this one is breaking out!