The 4 Stocks That Weighed on the Market MondayBy Paul Ausick July 6, 2015 4:01 pm EDTPrintEmail July 6, 2015: Markets opened lower on Monday following the Greek vote on Sunday to tell the the troika not only “no,” but “hell, no.” European equities markets closed lower and only the Shanghai exchange closed higher in Asia. U.S. stocks briefly traded […]
« previous post | next post »Chǎogǔ 炒股 (lit., “stir-fry stock”) means playing with stocks and bonds (stock market speculation). This is probably THE hottest term in the PRC vocabulary today. The term itself is not in the following widely circulating cartoon, but the spirit of the term is very much present:Complete translation:rén zài zhèndì zài 人在阵地在 (lit., “people [rén […]
One of the most popular and well-known names in the biotech world is definitely Biogen (BIIB-Analyst Report). This large cap stock has been a staple of investor portfolios in the biotechnology space for some time, while it is also one of the behemoths of the sector, closing in on $100 billion in market cap.BIIB might be due for a breather […]
#MarketUpdate: It’s all Greek to me…The markets opened in the red as expected, rallied to near unchanged and at midday are just modestly lower. The Dow is off 44 points, Nasdaq Comp in the red by 14 pts, S&P-500 lower by 6pts, and the Russell 2000 is holding up the best with only a 3 point loss. For some context, […]
WASHINGTON: Buy Japan. Buy Vietnam. Buy US media stocks. Buy Mexican food stocks. Sell China.For investors wanting to take advantage of the Pacific Rim free trade pact that appears to be nearing completion, that’s what a savvy stock strategy might look like.The 12 nations of the Trans-Pacific Partnership (TPP) could wrap up an agreement in coming weeks, after the pact […]
Flickr/IstolethetvChinese markets have fallen by around 30% in three weeks.China’s stock markets are in turmoil right now, with the benchmark Shanghai Composite collapsing 29% in just the last 3 weeks.The collapse closely mirrors the Wall Street Crash in the US in 1929 and the Chinese government has been desperately scrambling to try and stop the fall. The People’s Bank of China […]
AP ImagesFour members of the House of Morgan stand on a balcony outside the Senate Banking Committee room just before the committee resumed its investigation into the banking institution’s practices, May 31, 1933, in Washington.While attention is focused on Greece, China is having a serious market meltdown.After exploding earlier in the year because of deregulation, China’s benchmark Shanghai Composite has […]
The overheated Shanghai and Shenzhen markets have lost 29 and 32 per cent respectively over the past three weeks following 7-year highs reached on June 12.Instead of welcoming a much needed correction, Chinese brokerages and the Bank of China agreed to prop up the market.Stimulus Short-LivedThe stimulus act has failed already. The South China Morning Post reports Chinese Shares Close […]
A currency trader walks by a screen showing the Korea composite stock price index at the Korea Exchange Bank headquarters in Seoul. Photograph: Ahn Young-joon/AP
Share prices were sent tumbling across the Asia-Pacific on Monday after Greece’s resounding no vote in the weekend’s bailout referendum raised fears it could be forced to exit the eurozone.While significant losses had not descended into […]
FinVizUS stock market futures just started trading after the long weekend, and it’s ugly.S&P 500 futures are down by 31 points or 1.5% in the first few minutes of trading. Dow futures are down 246 points or 1.4%.This comes after Greece’s referendum. Greek voters surprised the world by voting “No.” In other words, “No” the Greek people do not want […]
