Corona Diary

 20/09/2020 Sunday, Sunny Trump wants to cut all middle men and drives deals directly. Both Republican establishment and Democrats are his enemy. Big capitalists/billionairs need to take side or switch side. China's ByteDance gets Trump nod to avoid TikTok shutdown WASHINGTON/NEW YORK (Reuters) - U.S. President Donald Trump said on Saturday he supported a deal in principle that would allow TikTok to continue to operate in the United States, even as it appeared to conflict with his earlier order for China’s ByteDance to divest the video app. <This is unprecedented for a US president to revert an Executive Order.> TikTok will be owned by a new company called TikTok Global and will be headquartered in the United States, possibly in Texas , Trump said. Oracle Corp will take a 12.5% stake in TikTok Global and store all its U.S. user data on its cloud to comply with U.S. national security requirements, the companies said. Retail giant Walmart said it would take a 7.5% s

 14/09/2020, Monday, Sunny Summer is back and tomorrow is forcast to be hotter. Softbank is going to make near 4bn profit in the ARM sale deal with Nvidia after acquiring it 4 years ago. Nvidia to buy chip designer Arm for $40 billion as SoftBank exits U-turn of TikTok's fate China threatens to block the forced sale to Microsoft, while the new deal could keep Bytedance's control over TikTok. Note that Oracle’s chairman Larry Ellison is one of the tech world’s few Trump supporters. ByteDance picks Oracle as partner to try to save TikTok U.S  

 12/09/2020 Saturday, Sunny Analysts at BofA Global Research noted that September tends to be the weakest month of the year , with stocks notching gains less than half the time and the S&P 500’s average return at minus 1%. The bank’s data also shows that markets tend to dip in the weeks ahead of an election, then rallying after . In this case, among investors’ concerns is that the Nov 3 vote will be unclear or disputed. ============================= Sean and I manage to connect with his friend in Minecraft world. We learnt about port forwarding and dynamic DNS. Thank no-ip.com for the free DNS service and thank the Xiaomi router for the integrated DMZ and port forwarding functions.

 11/09/2020 Friday, Cloudy Need different plans for differernt situations of the stock market. Case 1: small dip in a day or two Case 2: big selloff lasting 3 or 4 days Case 3: bear market for months  Case 4: small rises over a few days Case 5: oscillation along a horizontal trend line Case 6: fast and steep rise over weeks Case 7: bull market for months The market soar is usually fast and steep, so is the crash. The rest of the time is oscillation and bumpy rise and fall. Around 80% profit is made from 20% of time. So patient and timing are most important. Hold your cash and spend most time sensing market trend and sentiment.

 09/09/2020 Wednesday, Cloudy At last, Nasdaq bounces back! Tesla is up by 10%, Zoom 11%, Apple 4%, Amazon 3.8%, Microsoft 4%. As I used up my amunitions too early, I couldn't enjoy the ride from the bottom up. Still, most of my stocks break even. Given how big the crash is, it's still good news. Lessons learnt: 1) Wait for the right moment to invest the big chunk of your money. This might mean you have to watch some stocks go up and up and you miss the chance to ride the tide. 2) Market corrections will come, big or small. Without corrections, profit can't be taken away. The higher it peaks, the further it falls. The up ride is slow and bumpy, the down ride is fast and short. 3) Be quick to take your profits before the fall. Sell all your stocks quickly. Wait for the bottom patiently and re-invest in several batchs depending on how big the fall is. A small fall could be just one day or two, a big one could take 3-4 days. The biggest meltdown this year lasts from 20/02 to 2

 08/09/2020 Tuesday, Sunny It's the 3rd consecutive trading day that Nasdaq drops: Tesla, Apple, Zoom, Amazon, ..., all slips. Tesla lost about 31%, Zoom 23%, Apple 16%, Amazon 10%, Microsoft 11%, Facebook 8%. The higher one peaks, the further one falls. Also happen to know that my boss's boss obtained his PhD in the same year as me. He has the same number of years of work exp as me.

 03/09/2020 Thursday, cloudy The school reopens today. All students go back. There're stagged time for breaks and lunch. Lots of hand wash. Distancing is probably difficult to maintain. Hope there's no spread of the virus. Fingers crossed. And it's a bloodbath day for momentum stocks. Zoom, Tesla droped near 10%, Apple, Microsoft, Amazon are down around 5%. Would the trend continue tomorrow?

 31/08/2020 Monday, Sunny It's bank holiday Monday. We went to the Thetford Forest with Mr Yu and his family as well as Mr Sun and his family. We arrived there at around 12AM and the car park is already full due to reduced capacity during the pandemic. Mr Sun and us parked at the layby opposite to the junction leading to the entrance, while Mr. Yu drove to the town and parked at Tesco. It's a long walk before the two groups meet and all of us continue to walk in the park. About 17000 steps in total. Really exhaulsted and can't wait to get back to the car and go home.