To The Moon

Last Friday, GDXU jumped 5.51%. So, what drove this sharp move? 1.Gold itself resumed its rally. On August 14, spot gold rose about 0.7% to around $4,380 per ounce, while gold futures gained roughly 0.4%. This means the move was not unique to GDXU. It followed the normal transmission mechanism: Gold → Gold miners → 3x leveraged GDXU 2.A weaker US dollar was one of the most direct catalysts. The US Dollar Index fell about 0.28% to 99.65. US retail sales unexpectedly declined, while inflation data did not show renewed acceleration, prompting markets to reduce expectations for a September Fed rate hike. A weaker dollar is generally supportive for dollar-denominated gold. 3.Markets lowered the probability of a September Fed rate hike. Market-implied odds of a September rate increase fell from

Why Did CSOP Samsung Electronics Daily (2x) Leveraged Product Suddenly Surge? CSOP Samsung Electronics Daily (2x) Leveraged Product ($07747$) has surged 7.39% from today’s open so far.$南方两倍做多三星电子(07747)$$3倍做多韩国ETF-Direxion(KORU)$$韩国ETF-iShares MSCI(EWY)$ I believe there are several main reasons behind the move: 1. Samsung Electronics and Korean semiconductor stocks are rebounding strongly. Samsung Electronics, SK Hynix, and the broader Korean technology sector had suffered significant declines previously. Recently, however, risk appetite has recovered and capital has started flowing back into Korean semiconductor st

Tencent Music Entertainment (TME) fell 11.92% yesterday to close at $8.72, after touching an intraday low of $8.21. At first glance, the company’s earnings did not appear weak enough to justify such a sharp sell-off. So why did the stock tumble nearly 12% following the results? In the second quarter, TME generated RMB 8.93 billion in revenue, up 5.8% year over year and above market expectations. Revenue from music-related services increased 11% to RMB 7.61 billion, while membership revenue rose 8.1% to RMB 4.79 billion. Non-IFRS net profit increased 4.4% to RMB 2.69 billion. The problem is that markets do not simply price whether a company is growing. They price whether that growth is strong enough to justify its valuation. 1. Ximalaya contributed significantly to headline growth Ximalaya