https://theworldnews.net/sg-news/china-asset-bubble-warning-halts-stock-frenzy-in-hong-kong

HONG KONG (BLOOMBERG) - A chill swept through China's stock and bond markets on Tuesday (Jan 26) after the central bank unexpectedly withdrew funds from the financial system amid warnings about growing froth.

Hong Kong's Hang Seng Index slid 2 per cent from its highest level since June 2018, led by a 5 per cent plunge in Tencent Holdings. Futures on Chinese government bonds due in a decade were poised for the biggest decline since August, while the seven-day repurchase rate jumped 29 basis points to 2.72 per cent, the highest level in a year.

The People's Bank of China withdrew a net 78 billion yuan (S$16 billion) via open-market operations on Tuesday. PBOC advisor Ma Jun told local media risks of asset bubbles - such as in the stock or property market - will remain if China doesn't shift its focus toward job growth and inflation management instead.

According to Citigroup, overall euphoria is at its highest level since the early 2000s.

That’s according to the company’s Panic/Euphoria Composite Index, which looks at factors like margin debt and options trading. It shows dramatically higher euphoria than we ever saw during the 11-year bull market. And it’s nearing 20-year highs, too.

Simply put, everyone’s bullish. And they’re behaving accordingly.
This is a dangerous time to be an investor.
It’s dangerous because while times are good now, we know what happens next.
After a furious Melt Up comes a crushing Melt Down.

RSI på Oslo børs har brutt ned igjennom 50, som signaliserer økt takt i fallet på indeksen ;) Nå skal "alle" ut av børsen snart, da kan det bli gøy

Gratulerer Frodon. Selv har jeg bare holdt meg unna børsen, og venter på ny inngang, men det er en stund til før jeg går inn igjen.

Takk for det ;) Det har vært mye bra gevinster siste året. Hvor lenge kan flaksen holde? 😜 Når tenker du å kjøpe inn igjen?

Bra bevegelse på VIX-indeksen:

VIX
INDEXCBOE: VIX
36,76 +13,74 (59,69 %)

Frodon vanskelig å bestemme meg på forhånd når jeg skal inn igjen. Men jeg tror vi skal nærme oss 900 ganske fort.

Tester støtten på 946 nå. Holder den da tro?