October is coming to an end. Did everyone make money this month? Looking back, it was a surreal start but ended up grounded in reality
Stock picking is crucial in the Hong Kong market. The indices didn't offer much hope this month, but U.S. stocks hit new highs. On days when I didn't trade Hong Kong stocks, my main positions were in U.S. stocks. Tesla (TSLA) kept holding on and surged due to better-than-expected earnings—I'm still holding. U.S. bonds have pretty much bottomed out, so I'm waiting for a rebound. $Direxion 20+Yr Trsry Bull 3X(TMF.US) Google also reported better-than-expected earnings, so I'm keeping that too.
Although the Hong Kong market is in a slump, dividend stocks remain my core holdings.
Recently bought some Xiaomi (01810.HK) in the tech sector.
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