These industries are aligned with the Wooden Dragon.
1. Utilities - The water industry is aligned with the Wooden Dragon due to the Water element, which supports tree growth, hence wood. (PBA is a pure water play).
2. Property industry - The Earth element in this industry allows roots to grow for sustainable growth. (UEMS is a proxy for this theme).
3. REITs - The Earth element in this industry allows roots to grow for the sustainable growth of the Wood element. (CLMT is a proxy for this theme).
GDP data for the UK is also due this week, with market expectations pointing to a 0.1% Q4 contraction, which would push the UK into a technical recession.
The year is packed with earthquakes, tsunami, racial problems are on the rise, global economy meltdown and IT sector layoffs. Just wait for dark clouds to tear away from second half of the year.
yeah. all business include ytl also.. like provide basic infrastructure for nvidia. its only hype. its not a world changing tech like EV car/ Ai / robot tech / flying car / rocket /
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Ular Sir is most excited about Fengshui.