Added CRRC , a Defensive and Growth play. In a looming tariff environment, if it happens, China will boost domestic spending by a huge amount.
Micron has been hit by a ban from China, caught in the cross-fire tensions b/w China and US.
I have stopped buying MU (even though it is undervalued) and NXPI as I think that TrXXX being the dictator and spoilt brXX is going to make life tough for China for some time, and probably they are better opportunities in Oil, which is in a cycle 1 year later than the semi-con run up.
Trump tweets have been going on to pressure OPEC pumping more oil to lower prices. Although we will be seeing a even undersupply as we approach later in the year, it is affecting sentiments now. Secondly, the trade war is also affecting demand. I think this will clear up in next 1-2 months which will again boost market, as well as oil.
Micron has been hit by a ban from China, caught in the cross-fire tensions b/w China and US.
I have stopped buying MU (even though it is undervalued) and NXPI as I think that TrXXX being the dictator and spoilt brXX is going to make life tough for China for some time, and probably they are better opportunities in Oil, which is in a cycle 1 year later than the semi-con run up.
Trump tweets have been going on to pressure OPEC pumping more oil to lower prices. Although we will be seeing a even undersupply as we approach later in the year, it is affecting sentiments now. Secondly, the trade war is also affecting demand. I think this will clear up in next 1-2 months which will again boost market, as well as oil.
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