Okay folks, so we've got three major things to discuss today. Number one, right now as we speak: Chinese President Gin Ping and a host of other world Leaders are meeting in San Francisco for this Apec conference. We need to discuss the critical context this is happening in for the Chinese economy and the signals that they are already sending. Big money is preparing by dumping Chinese equities in Mass We need to discuss exactly what is going on here.

Number two, markets are breaking out into higher and higher recovery Heights What is fueling this and what does the data suggest is coming next. And finally, number three: we've got a interesting sponsored stock segment for you today that you're going to have to wait until the end to see if you want to see the latest idea there. Anyways, let's go ahead and get to work. also: I apologize if there's rain in the background I'm setting up my new house here in Miami and it's going to take a little bit of time to get everything started.

Okay, so right now, President Xan Ping and a host of other world leaders are meeting in San Francisco for this Apec conference and the focal point will be us. China Economic relations amid the growing tension between West versus East. Now, you are certainly going to see a lot of news. Pieces come out on this.

Over the next few days, you're going to see speculation on Taiwan speculation on China's role with crafting bricks and dollarization China's relationship with Russia. But what you are unlikely to see covered is how exceptionally delicate of a situation. the Chinese president is in. Right now the context: that which Xianping is flying over there with China's economy and their entire Financial apparatus is under massive threat right now, One of the biggest culprits being the property slump.

Whether you are talking about the many expensive malls the CCP has opened that aren't getting any foot traffic or even any stores in them, or you're talking about the entire ghost that he's that China has propped up and built with endless amounts of debt. Well, the truth is that China has a lot of issues in the real estate sector right now, and most Chinese household wealth is held up either in personal real estate or in real estate funds. And as the Chinese population ages and ages and depends on those funds, well, that's causing a massive problem, but it's also causing a massive problem for consumer confidence. Consumer confidence fell like a rock in February 2022 and it hasn't really recovered at all, and it just got even weaker in October.

Now I know it's popular culture to say that China is overtaking the US and will dominate in 10 20, 30 years and sure that could very well be true, but right now, China is in a very, very sensitive spot. Quote: Foreign businesses have been pulling money out of China at a faster rate than they have been putting it in. Official data shows China recorded a deficit of 11.8 billion in foreign investment in the three months to the end of September the first time since records began in 1998. So why is money pulling out in Mass Well, we could talk about geopolitical tensions China sliding more more with Russia and attempting to build an Eastern Coalition against the West Jinping himself loudly and literally proclaimed that the East is rising and the West is declining.

But here's the thing. at least since China has fully reopened the economy, well, attempts attempts to recover that economy have been futile. After they ended the virus shutdowns, China was expected to come bouncing back The Big Revival of China. But those bounce backs have been small and very, very shortlived folks.

And make no mistake, the Chinese economy right now is on life support. New Credit Data released by China Central Bank Monday showed that government borrowing made up a record share of new financing, suggesting fiscal stimulus is the main economic support for now. But folks, it doesn't seem to be enough quote. Despite the government's latest Financial stimulus during October, our data indicates a persistent deceleration across all sectors, notably in transportation.

the company said in a report, now we need to talk about Chinese debt. So here's a chart of the price to earnings ratios of Chinese Bank stocks. This tells you all you need to know about the state of borrowing from these banks. These banks have been instructed to take on as much debt as possible for the last 10 plus years and so the multiple that people were willing to pay for these has been completely completely decimated folks.

And if you look at debt to GDP O, that's a whole another level. So here's the thing with this meeting: China has been marketed by both itself and many here in the US as the next economic World Leader, replacing the United States that has allowed them a lot of soft power on the global stage, to get more and more concessions from trading partners and to form alliances and get foreign Capital. But right now there's a lot threatening that image. and Gin Ping Mr X Man himself is over in San Francisco trying to solve that problem.

So right now, if you're Xiin Ping, going into this meeting, you're playing an extreme defense. You have a strategy and a plan of attack because what you're doing now is very, very important for your country. and he's not in the US Just according. Biden He's mainly focused on Business Leaders trying to get more investment into his country from the BBC.

The BBC understands he will be the guest of honor at a ritzy dinner on Wednesday night, organized especially for him to meet top corporate Executives and what could be a sign of his true priorities Chinese Officials had initially demanded the dinner take place before Mr X's meeting with Mr Biden according to a Wall Street Journal report. So again, Xiin Ping is here to calm tensions between the US and China, but he's also here to get people businesses to start investing in China again and to stop pulling their funds because it is a pretty big problem because it could potentially derail a lot of their political. Ambitions Now I want to move over to domestic markets? You are seeing everyone start pouring into markets all in. Mass The big Fomo cycle is here.

Even the bit bcoin folks that were rallying up Bitcoin are now selling out and moving back into equities. You look at this from a trend perspective. Not only have we broken out of our red directional SMA line in previous cycle Highs but we have now officially broken the overall downtrending channel that we've been in since the end of July. This has been one of the most aggressive and Speedy uptrends we've seen in years and it's basically untested.

It almost rejected the direction here, but it just took a little breath and started breaking out massively again. I Mean we are basically now just a hop, skip, and a jump from Bre breaking those last cycle. Highs At 4607, pretty insane how fast things have changed and then the next moonshot is to all-time highs. Could that happen? Well, a lot of folks playing this for a year and rally seem to think so.

A lot of people are positioning right now to lock in some profits early in 2024. Somewhere around the first couple of weeks of January Something that we saw happen in 2022, by the way. and then the rest of 2022 was a nightmare. Could that happen again? Could we see a year- end? Rally Or maybe you see a rally into the beginning of 2024? Well, Well, one thing to keep in mind here is that volume does tend to start to dry up around Thanksgiving So don't be surprised if you start seeing some consolidation towards the end of this week and into next.

But this new trend does suggest that based on the technicals alone, while we are heading for a green December and a continued year end rally Charlie Said year- end rally? Well, I Guess it's time to short get the short positions ready. Buy those put options. Just kidding. But seriously, when you are looking at the trends I mean we are now in a trend that is pushing to the upside technically.

and when you're looking at a lot of the sentiment Shifting the sentiment is Shifting in a way that's breaking out past previous sentiment failures. But seriously, when you're looking at the Trends on the technical chart I mean we are now on an uptrend. I Mean it's just as simple as that. We just had this new inflation report where core Rose at the slowest Pace since September 2021 and overall, the market is in at least what it thinks is a sweetheart situation with the FED where it believes rate increases don't need to happen anymore and that cuts will be happening sometime next year.

The problem though is of course that traditionally rate Cuts start in the middle of a downturn, not the end of it. and as markets factoring these Cuts ahead of time, it's adding a lot of downside risk to the markets should sell-offs start coming. but there are of course certain markets that tend to trade more defensively and other markets that tend to trade more offensively. And this is one that's not looking for reasons to be defensive.

This is one that's looking for reasons to be offensive and that is plain and simple. the type of Market we're in right now and and UBS Just put out a report that many in the markets were digesting yesterday and today and they said they see a raft of Fed rate Cuts next year on the back of a US recession from CNBC UBS expects the US Federal Reserve to cut interest rates by as much as 275 basis points in 2024, almost four times the market consensus as the world's largest economy tips into recession. In its 2024 to 2026 outlook for the US economy published, Monday the Swiss Bank said, despite economic resilience through 2023, many of the same headwinds and risks remain. Meanwhile, the Bank's economists suggested that fewer of the supports for growth that enable 2023 to overcome these obstacles will continue in 2024.

UBS expects this inflation and Rising unemployment to weaken economic output in 2024, leading the Federal Open Market Committee to cut rate first to prevent the nominal funds rate from becoming increasingly restrictive as inflation Falls and later in the year to stem the economic weakening. Okay, now it's time for our sponsored segment on Ban Bcan. As always, sponsored or not, make sure that you're doing your own due diligence. Remember, if you're the one taking the risk, you got to be the one doing the ultimate.

Frisk No one should ever buy a stock just because we talk about it or because we have a sponsored segment on it. You should only use this as a segment that allows you to discover new companies, new ideas, new setups. Then of course again, you got to do your own due diligence. Just say, for example, if you on the best stock in the world, we present it on the best stock in the world.

Well, often times those stocks have really, really nice runs and then all of a sudden they go down. So if you don't know how to trade it correctly, if you're not doing proper risk management, if you don't know what it is that you're buying or why it is that you're buying it, well, you're going to have a disaster. So anyways, that's my thought process. Let's move on.

So Ban Ban is beyond. Can Aoft Enterprises which is a tech company that provides customer relationship management CRM Software that enables small and medium-sized Enterprises to optimize day-to-day functions. The main Market they are currently targeting is the C Binoid sector I Don't want to say the full name because YouTube doesn't like that, but you know what I'm talking about. Why do we care? Well, because it happens to be a rapidly expanding space according to verified market research, the global Seid software Market is expected to grow at a kager of 30.8% until 2028 Now, of course, while there are no guarantees that Koft is going to be able to capture any of that growing market share, well, it could definitely be a significant Tailwind for the company nonetheless.

And they also have a key device called the Easg device. This is a therapeutic tool that utilizes Ai and machine learning and is expected to launch in early 20 24, which could be a catalyst in the beginning of the year. The company has already received thousands of registrations since it launched the website about a month ago, and looking at the stock itself, we see that 74% of the shares are owned by insiders, at least according to Simply Wall Street. We also see that it has a very, very low float only about 10.13 million according to Market Watch.

This may explain exactly why the stock has had a history of huge Spike ability on catalysts or easily goes trending and pretty often it causes a pretty extreme trading opportunity. Ban has seen three sizable rallies just in the past 8 months alone, and while the direction of the stock has indeed been bearish this year, as have most super small caps, well, there are reasons to suggest that perhaps we have found a bottom. A support level was established around the 66 cents price point, which gives a little bit of cushion. On the downside, with plenty of upside potential.

It's also very, very important to keep in mind here that there is a difference between potential and reality. though right? a little bit of upward momentum would give us another signal that this may be an inflection point for Ban at the same time. If you don't get that, perhaps it continues going down. That's up to you to do your own research on, but obviously with any small cap company, there's never any guarantees.

Often times they can have really nice runs that are good trading opportunities and then fall Others May grow into being big companies, so on and so forth. But again, at the end of the day, you got to make sure that you're understanding that you got to do your own due diligence. You got to look at reasons why this might be a stock that could rally a lot and then judge that based on your goals and risk management. Anyways, folks, that's it for now.

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