Tag: China

  • These Oversold Stocks Should Gush Higher with Oil

    These Oversold Stocks Should Gush Higher with Oil

    Oil prices are gushing higher. Last checked, WTI crude was up about $1.60 to $75.01 and could push higher. For one, demand could exceed expectations, if the economy shows further signs of growth, which could result in a deficit. Two, there are tensions in the Red Sea, where “Houthi militants have vowed to retaliate over…

  • Apple is Still a “Top Pick” Heading into New Year 2024

    Apple is Still a “Top Pick” Heading into New Year 2024

    Investors may want to jump on the recent weakness in Apple (AAPL). After an explosive jump from about $130 to $192, Apple could test $250 in the first few months of the new year, we believe. Helping, Wedbush analyst Dan Ives just said, “The iPhone China demise narrative was a great fictional story by the…

  • Why Netease.com Could Rally Back to $102

    Why Netease.com Could Rally Back to $102

    Netease.com (NTES) is already rebounding, as hoped. As we noted on Dec. 24, “Over the last few days, shares of Netease.com (NTES) gapped from $105 to $87.64. All after Chinese regulators introduced regulations to reduce spending, and cut incentives that promote excessive gaming. It could soon refill its bearish gap.” Today, after China’s National Press and…

  • This Chinese Stock Could Rally 80% in 2024

    This Chinese Stock Could Rally 80% in 2024

    Over the last few days, shares of Netease.com (NTES) gapped from $105 to $87.64. All after Chinese regulators introduced regulations to reduce spending, and cut incentives that promote excessive gaming. According to Benzinga, “The new rules prohibit online games from offering rewards for daily logins, first-time spending, or consecutive purchases – typical features in many…

  • Lithium Stocks are Still a Strong Buy

    Lithium Stocks are Still a Strong Buy

    Just days ago, Goldman Sachs took down lithium stocks. The firm said the gap between supply and demand is quickly narrowing and could be back in balance by 2023. They also believe lithium production could be well above demand by at least 400,000 tons. Unfortunately for Goldman Sachs, they’re wrong again. In fact, according to Sociedad…

  • This is Why Chip Stocks are Taking a Hit Again

    This is Why Chip Stocks are Taking a Hit Again

    Chip stocks can’t catch a break. Weeks ago, we said you may want to ignore them after Apple said it would scrap plans to increase production of its iPhones thanks to weaker than expected demand.” “Apple has told suppliers to pull back from efforts to boost production of the iPhone models by as many as…

  • The World is in Desperate Need of Rare Earth

    The World is in Desperate Need of Rare Earth

    The world is in desperate need for rare earth supply outside of China.  Not only is the U.S. trying to new supply, Europe is in desperate need, too.  In fact, according to the South China Morning Post, “In a speech touting the bloc’s ‘industry strategy’ this week, European Commission President Ursula von der Leyen pointed…

  • The Top 3 Cryptocurrency Miners to Own on Pullback

    The Top 3 Cryptocurrency Miners to Own on Pullback

    The pullback in cryptocurrencies was a buy opportunity. In fact, every time China makes a threat against cryptocurrencies, we see an inevitable pullback, followed by an inevitable rally. Sure, according to the People’s Bank of China, services offering trading, order matching, token issuance, and derivatives are now prohibited, as are overseas cryptocurrency exchanges that provide…

  • Don’t Cash Out on Casino Stocks Just Yet

    Don’t Cash Out on Casino Stocks Just Yet

    Keep an eye on casino stocks. Some of the big ones – including Wynn (WYNN), MGM, and Las Vegas Sands (LVS) took a hit as China moves to tighten control of the industry. According to GGR Asia, “The Macau government wants to increase the share of the mass-market segment in the casino industry, and pledged…

  • The U.S. Must Have a New, Secure Source of Rare Earths

    The U.S. Must Have a New, Secure Source of Rare Earths

    By now, you know the U.S. needs to secure rare earth outside of China. All as China proves to be an unstable partner that could enact tougher regulations over the rare earth industry, from mining to exports.  “The new rules would give Beijing greater control over the supply of materials that have become vital for…