Scary News For Chinese Stock JUST Released [Get Prepared For This]
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๐๐๐ Big shout out to our growing list of Patreons. For those of you want (and can) support our channel, here is how you can help: https://www.patreon.com/user?u=13016082
You can now book a live 1X1 call with me via Clarity here: https://clarity.fm/tomnashv2
DISCLAIMER: All of Tom's trades, strategies, and news coverage are based on his own opinions alone and are only done for entertainment purposes. If you are watching To'ms videos, please Don't take any of this content as guidance for buying or selling any type of investment or security. Tom Nash is not a financial advisor and anything said on this YouTube channel should not be seen as financial advice. Tom is merely sharing his own personal opinion. Your own results in the stock market or with any type of investment may not be typical and may vary from person to person. Please keep in mind that there are a lot of risks associated with investing in the stock market so do your own research and due diligence before making any investment decisions.
Hey boys and girls: this is tom. How are you doing today? I hope you're doing well, and it seems that my predictions about china have gone way faster than even i anticipated. Somebody might think that i went back in time and stole the 1950 almanac about the scores like they did it back to the future too. That's not the case.
I just made a one plus one analytical assumption, and i knew this about china. However, i didn't know it's gon na go back crazy like this right now. My name is tom nash and i quit my corporate job as a senior financial analyst to break down companies for you there's one thing you need to know about me: i don't take from anybody, hey boys and girls. This is tom, and we have a lot of news to cover today.
Bitcoin is going through the roof. Amazon is actually agreeing to accept bitcoin, potentially as payment. The china crisis is getting worse, more bans, more regulation, more companies feeling the heat. Also, we have some news out of the video game industry.
Like i said a few weeks ago, the video game industry is just heating up. I think it's a massive. I love to talk about this video, but let's start with china. Now i made a video speaking about the dangers and the volatility about investing in china.
Certain people thought that i was just talking about china as a country or china's culture or china's people. No, i have no issue with china. I love china. I love the chinese people.
I love the food, i love the culture. What i don't like is the risk i don't like paying for something that's sitting in an environment that has a lot of either political banking, regulatory, whatever volatility, especially when you don't even own the stock, i own, a company in the virgin islands that might own another Company that might own another company that owns a hong kong company that holds a chinese company that holds the actual assets, intellectual property and know-how of the company, i think, are investing in not a good look for me. That's why i said my video, i'm not gon na, be subjecting myself and my money to the random sporadic decision of some bureaucrat deciding to bring down the whole history of industries because he doesn't feel like it, which is exactly what's going on in china. Let me show you look at this: didi falls on report of potential unprecedented penalty in china.
Chinese regulators are considering some serious penalties for the ride sharing firm after its ipo. According to bloomberg report, regulators in china are considering a fine possible suspension of certain operations and or enforce the listing or withdrawal of dd's u.s shares. When i said this in my video - and i told you there's actual risk of the listing people saying well tom you're going crazy they're never going to the list these companies, they don't make no sense from a financial standpoint. Why would they cut off the branch you're sitting on? Well here you go mother lover, they just did, and this wasn't even the first or the last thing they did this week check this out. China confirms official ban for profits, cool tutoring companies. So all of these companies pl new oriental - all of them - are going to take a hike out of china. Look at this china orders tencent music, one of the biggest companies in the world to give up its exclusive music licensing rights. Look at this china, titans rules for payment firms like and they're about to end and group and wechat.
Basically, china is going on a rampage and let me tell you, as a russian, i'm never gon na put my money where it's completely dependent on the decisions of certain communist bureaucrats. I've seen this movie before it doesn't end. Well now, let's move on to some positive news: bitcoin is actually rampaging, but in a good way, bitcoin search squeezes the shorts crypto heads to forty thousand dollars. Yes, you've been patient.
Here, you go. It's like warren buffett said: the stock market is a way for riches to get transferred from the patient to the patient, and here you go all the bitcoin bulls are now saying, told you so you don't know where i've been we've seen wars we didn't sell off And all the paper hands are now saying. Well, i should have listened to the guys who knew what the hell they were talking about so check. This out sentiment on bitcoin turned bullish over the weekend as the world's most popular cryptocurrency, topped its 50-day moving average.
The positive momentum sent bitcoin up 12 and a half percent to almost 40 000. If anything, that's as good as a tesla level stamp of approval when amazon says well, tesla doesn't accept bitcoin for the meanwhile i'll accept it. That's good enough for bitcoin, at least in the short term. This is some really good news.
If you're bullish on bitcoin now check this out video game sales in q2, pull off a surprising two percent gain against tough pandemic comparison check it out. Consumers spending on video games in the second quarter out at 2 gain against a very tough endemic comps. What they mean here is that we had such high numbers during the pandemic. This was expected to go down, but instead this model ever keeps going up.
I told you, this is one of the next big industries. People are laughing at me. Data shows that the overall spending globally has hit 14 billion dollars for the april june quarter. That's just for one quarter, 14 billion dollars and that's just the start - we're not even talking about how huge esports are becoming slowly.
It's becoming a mainstream industry broadcasting rights. A lot of money - i think it's gaming and all of these other categories, which i mentioned the cloud, the ai all this data, cyber security. But the gaming is right. There don't write it off because it sounds childish.
It's a great business to bend as always a huge shout out to the channel members and the patrons. Thank you so much for the support. We'll see you guys in tomorrow's quick video.
Tom, need to see things under the background of US Vs China Fight.
Look the Chinesse leaders party hate Jack, they are crushing themselves to crush him
China govt regulation of corporate conglomerates. Is that better or worse than corporate conglomerates control of America's govt?
I have to disagree with your video. These regulations are in place to take down monopolies. Which fuels competition. US institutions are selling while CN institutions are buying.
At least I know that it is China trying to kill me and Not my Government!!! Hopefully the US will do something about China attempting to kill American Citizens on US Soil.. Thank God I Know it was NOT MY Government sending LRAD hypersonic frequencies at me… I was starting to get a little discouraged…… That would be horrible if MY Government would allow such a thing… RIGHT!!!>??? Come on President Biden What is the plan?? We need a happy ending!! I like happy endings..
Sure. You donโt actually โownโ the Chinese stocks. But do you honestly believe your โownershipโ in any of your US stocks will make a difference? We are still at the mercy of the US companies owners, institutions with their insider information. The only power you have is probably decide when you will buy or sell the stock.
I decided not to buy chinese stocks few years ago. The CCP is an evil group and they can end a company whenever they want for whatever reason. Love the people hate the evil goons in government.
Darkpulse Inc (OTCMKTS: DPLS) Move Brewing as Worldwide Leader in Distributed Fibre Sensor Solutions BOTDA Sees Growth Through Acquisition, whats your thoughts Tom?
didnt you like nio and they are from the caymen islands? im confused
Anti-monopolistic legislation is generally a good thing in order to preserve an equal and fair market. Maybe the US should start taking notes.
the authority action on to Education companies is correct , becos those companies have gone too far on making education as business n exploitation to society n poor students . as for investment view, there are so many choices in the market why go to those you don't know much ? listen to Tom advise u will be safe . thanks Tom
All this China thing looks like confrontation between USA and China. 1. They targeted BTC, who is the most holder of BTC, right USA. 2. Now their target is own factories, they don't care about Alibaba or Didi or anything else, because the most holders of their stocks are US fonds. I hope this will end one day.
ur all fud …
Didi is not a company that is a golden goose. there are many didi companies in china.
Tencent is fined 70.000dollars if they continue .. they are a 50bil+ company!
and for the teacher profit things its because they want more childrens the biggest problem in china is the costs to raise a child. thats why profitable teaching education systems with skyhigh costs should lower their costs
baba wont be on the list nor nio, xpeng etc..
the CCP has always a good reason for their pollicies
chinese news is just FUD, just buy when everyone is fearful.
warren buffet bought baba when the stock was 230 now its 190!! its darn cheap!
If you really want to take the risk just buy on the HK stock exchange. No de listing
Never invest within a communist nation. They always make self destructive decisions.
Guys I heard no 'ramblings of a mad man' disclaimer. Must be true. I am all in.
TURST the process… BUY and HOLD $AMC as much as you can no matter what…! Thank me later… ๐ช๐ป๐๐ป๐๐ป๐ฆ๐
Chinese market isn't arguably the largest market for almost everything today including technology for no reason, they break in and set the regulations right from the start to avoid monopoly etc, they set the pattern for regulatory processes the US can only follow to avoid endless cases with their big tech, people don't understand that these technologies have to be regulated otherwise they will be the future government.
A lot of Chinese companies are speculated, and pump and dumped. It makes some sense for an IPO to be heavily regulated and stabilized. I don't see any evidence on why NIO, a serious competitor to any EV company, is suffering an actual threat
The current China, is the same as in 1949. Read the story about China after 1949. All private sectorsโ business fucked up thereafter ใใใใใ
I took my profits in NIO. The chinese market could be huge but the CCP government is the biggest risk. Plus you don't actually own the companies
Come on dude, you are better then this, it's been like this since the end of time! Why you adding to the FUD! Plus their EV sector has nothing to do with the others! What's wrong with you?
Yes but then dig deeper and find the China stocks that are In the caymans but affiliated with and apart of that. Because there are legit China companies that already got brought through the ringer on false reports only to legitimized themselves
China can bans all they want and live in a bubble. The outside world will adjust just fine!
Invest in America. Buy America back! Get rid of China stocks and economies.
Iโve seen this movie before it doesnโt end well. Brilliant comment.
STOP looking at crazy plays. I am up 32% since last year as of today . In Apple, Visa, MC, Salesforce, Tesla. Whose better then me ?
There will never be a forced delisting. Stop the fear mongering. Tom, I like you, but youโre thinking too much about this. Thereโs too much money involved and severe consequences for the Chinese market if they actually do a forced delisting. It wonโt happen.
Hey Tom, what website are you using for news? Whats the website all those articles are on you showed in the video?
Thanks!
Kinda agree, kinda disagree. You just have to pick Chinese companies that are in good standing with the government there. They tend to only lash out at companies that did something without going through thier ridiculous channels lol….
โIโve seen this movie beforeโฆ it doesnโt end wellโ ๐๐๐ so true!