What Just Happened? What’s Next… The End Of Q3 2024
I can’t believe how fast this year is going by.
Last time I looked at the calendar it was February - Now it’s the end of September! ;-)
This quarter has been a crazy one… and September has been moving even faster!
Just in the last 30 days we’ve seen:
=> The market take a dive.
=> The market recover
=> The Federal Reserve Cut interest rates
=> Tech stocks rally
And that’s just the market - to say nothing of what’s happening in the broader world…
=> Changes in the US Elections,
=> the War in the middle east,
=> the war in Ukraine,
=> Vladimir Putin threatening the use of nuclear weapons. (Yikes!)
I’m not going to rehash everything going on… you lived it!
I do want to point out one thing…
Last quarter, one really BIG stock rallied BIG - Tesla (TSLA) - it’s up 25.8%
Tesla stock is a TOP performer… kind of!
Just look at the chart… The stock started July at $200 a share and is now over $260. If you just look at absolute performance it’s been a big winner - up over 25%.
But the chart shows the heartache that came with the stock.
Starting at $200…. The rally to almost $270… the collapse back to $185… then the rally back to $260… Holy Rollercoaster Batman.

Source: StockCharts.com
This is why you need to dig into the details… If you just pulled up a performance table, Tesla would be a top performer for the quarter.
The chart shows a slightly different story.
Since we’re at the end of September… Everyone is going to be talking about Quarter end numbers. October starts tomorrow after all. Just be careful what numbers the media tries to shove down your throat!
That said, there’s a big news event hiding in the details. The mainstream media is all but ignoring the news… But, you should keep your eye on this for Q4 trading.
Watch this sector in Q4 2024
China is a huge and growing country, and economy.
For the last few years they’ve been hammered by an economic downturn.
The Chinese Central bank finally woke up and did something stunning… A few days ago they announced a rate cut.
But not any rate cut.
They pushed a massive amount of stimulus into their economy.
First, they cut the amount of money Chinese banks need to Hold in reserve (And promised to loosen restrictions even further in the coming months). This opens up banks to making more loans and stimulating economic activity.
Second, they slashed interest rates on loans… Cheap money means more economic activity.
Third, they cut the down payment requirements on property purchases. This will help stimulate property sales and promote future real estate development.
For the last few years, China has been dealing with a slowing economy.
Property prices stagnated as the authorities cracked down on real estate speculation and over leverage.
Because of the economy, and weak real estate, the Chinese stock market has been falling for years…
Well, look at the chart now!

Source: StockCharts.com
In just the last week, the ENTIRE Chinese market rallied over 18% with some stocks like Alibaba and JD.com rallying even more!
Clearly investors - and the markets - love the stimulus.
Bottom line… China is a huge economy, with the power to move the world. Central bankers are finally working to stimulate growth… instead of squashing it.
Long term, I think we could see Chinese stocks rally to significant new highs… and in some cases, they might even surpass the US equivalents. (Years down the road).
If you have some risk capital… maybe put a little into play at some of the larger Chinese Stocks.
What do you think?
Reply back with the Chinese Stocks you’re keeping an eye on - or buying.