Update: Chinese stocks are seeing no lift whatsoever from the rate cuts…CSI-300 is fading fast…And*SHANGHAI COMPOSITE INDEX SLIDES 3.3%
*SUGA: HOPE CHINA RATE CUT WILL CONTRIBUTE TO CHINA GROWTH
Confusion reigns at Bloomberg also… (look at URL – original title, and compared to title posted at 8pmET)…And now…h/t BeermunkAs we detailed earlier:The Asia morning begins mixed in stock markets, The PBOC explains […]
Justin McCurryMarkets across Asia were holding their breath on Wednesday after early hopes that the worst of this week’s turmoil could be behind them were tempered by concern that China has not done enough to stabilise its economy.A day after China’s central bank lowered interest rates in an attempt to ease the crisis, most Asia-Pacific stocks suffered minor losses, while […]
YouTube / TEDx TalksMohamed El-ErianSee AlsoROSENBERG: Something changed in the market and it’s significantTOM LEE: History shows that we’re not doomed for a bear marketThis is ‘the danger’The US stock markets spent most of Tuesday in the green before tumbling into the close.The Dow was up by as much as 441 points (2.7%) early in the trading day, and yet […]
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June 2015 Market Update
See which stocks are being affected by Social Media
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KA-CHING!!!Amid all of the fun and excitement we forgot to pause to remember the latest generation of Etraders just cashed out by Wall Street. Yesterday:In other words, Social Mood just got monkey hammered by reality. Unlike Prechter who “believes” that social mood is the primary driver of everything. Reality IS the primary driver of everything. Slight difference. Reality doesn’t give […]
I did not foresee the China mini-crisis. But I watched with fascination. Because I had little cash in my account, on August 12 I raised cash by selling my Cantel Medical (CMN) stock, all of it. Cantel is a great company making infection control devices. When I bought it in December of 2009 for $19.58 per share, after hearing about […]
USDA.govMonday was ugly.After stocks saw their worst week in four years, markets started Monday deep in the red, with the Dow plummeting 1,089 points before recovering some of its losses. All of the major US indexes fell over 3% by the end of the day.Tuesday feels like sunshine after a storm. Markets opened sharply higher, with the Dow up 390 […]
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More stock market craziness: 442-point Dow rally vanishes at end of …
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I was away last week, touring a potential gold project in Nevada. So, naturally, the market had to throw a hissy fit and puke up all sorts of losses. The S&P 500 dropped 5.69% last week. That’s the first 5%+ decline since September 2011.This week started off with the Dow Jones Industrials taking a massive plunge of over 1,000 points. […]
Investors have been flocking to biotech stocks this year, with the IBB, the ETF that tracks biotech stocks, making noteworthy gains. So far in 2015, several industries have either underperformed or provided mixed results, leading to a rather ho-hum showpiece for U.S. blue-chip indices.Biotech stocks, on the other hand, have consistently returned positive results in the markets over the past […]
