. As I mentioned before, this is why it’s possible for Japanese Style Big Wave Surfing Dragons Zip Shirt tee to beat Q3 2021 guidance and still have their stocks go down the toilet. It’s no surprise that the companies which are more speculative (with no revenues and cash flow to back up their valuations) get destroyed first, and then the mid-caps, and then the more solid companies with the revenues and cash flow to back up their valuations (e.g. Tesla, Google, and Facebook)? In fact, the large and mega-cap companies (or “liquid leaders”) are typically where large hedge funds and financial institutions “hide and take shelter” when they notice that something is wrong and a bubble is inflating. And so, they slowly start to move from more speculative names to the “safer” and large-cap names.
It’s called the Lunar New Year because it marks the first new moon of the Japanese Style Big Wave Surfing Dragons Zip Shirt tee calendars traditional to many east Asian countries including China, South Korea, and Vietnam, which are regulated by the cycles of the moon and sun. As the New York Times explains, “A solar year the time it takes Earth to orbit the sun lasts around 365 days, while a lunar year, or 12 full cycles of the Moon, is roughly 354 days.” As with the Jewish lunisolar calendar, “a month is still defined by the moon, but an extra month is added periodically to stay close to the solar year.” This is why the new year falls on a different day within that month-long window each year. In China, the 15-day celebration kicks off on New Year’s Eve with a family feast called a reunion dinner full of traditional Lunar New Year foods, and typically ends with the Lantern Festival. “It’s really a time for new beginnings and family gatherings,” says Nancy Yao Maasbach, president of New York City’s Museum of Chinese in America. Three overarching themes, she says, are “fortune, happiness, and health.