Chinese stocks have been dropping recently and finally fell into bear-market territory on June 29, closing down 3.3%. The Shanghai composite has fallen over 21% so far from recent highs over the past two weeks as Chinese stocks have been under pressure after an explosion of margin buying over the past year.The stock drop on Monday came as a bit […]
SummaryOvaScience, Sarpeta Therapeutics, Ziopharm Oncology and Keryx Biopharmaceuticals all have a short interest above 20%.
These small cap biotech companies provide attractive characteristics for fundamental weakness through liquidity needs, no revenue and a higher fail rate.
Given these common variables, there is strong indication that a large Marco short strategy has been put in place.
This large short position provides opportunities for contrarian […]
ReutersAn investor stretches in front of a screen with stock information at a brokerage house in Xiangyang, Hubei province, February 22, 2011.See AlsoChina is flooding the US with insane drug ‘flakka’ — and it’s shockingly easy to obtainThere is something that is a bigger drag on US stocks than Greece or ChinaThere is a new ‘ghost town’ in ChinaAs all […]
2) Shanghai shares fell 3.3 percent on Monday despite another rate cut by the People’s Bank of China (PBOC), and reduction in reserve requirements, which allows banks to lend more freely, and again, at a lower cost to borrowers.3) Puerto Rico says it can’t pay the $72 billion owed to its creditors and wants a moratorium on payments until it […]
NEW YORK (AP) — Stocks were mostly higher in early trading Friday as negotiators continue to work toward a solution to Greece’s debt problems.Chinese stocks plunged 7 percent as fears spread that a yearlong bull rally there has become overheated. The market is up more than 100 percent over the past year.KEEPING SCORE: The Dow Jones industrial average rose 59 […]
An electronic display in Shanghai’s business district shows the performance of China’a two main stock market indices. Photograph: Aly Song/Reuters
Chinese stock markets plunged on Friday as investors rushed to sell over fears that frenzied buying in recent months had sent share prices to unsustainable levels.The Shanghai composite index, which reached a post-crash record of 5,166 earlier this month, has since […]
While Thursday’s weak CPI report gave hope that inflation might stay too low for the Fed to realistically raise rates, much of the week’s equity rally had more to do with four weeks of steadily receding momentum than with the hope that rate hikes might be postponed into 2016 – even the more dovish Fed couldn’t stand in the way […]
Since the beginning of this year the markets have primarily treaded water. The primary support for the bulls has been continued acknowledgement by the Fed on an inability to remove accommodative policy by raising interest rates. (Which should make you question what happens the first time they do.) The bears have been feasting on weak economic data and deteriorating fundamentals. […]
Just a quick post tonight highlighting two excellent looking charts. The first one is MSCC – Microsemi which is trading very close to its all time high. The other one is KYTH – Kythera Biopharmaceuticals which printed a new all time high today.What I like about both set-ups is that they offer a lot of pattern pressure and are not […]
China’s Stock Market Value Tops $10 Trillion for First TimeLast updated 20:18, June 14 2015
China’s stock market has passed the $10 trillion milestone for the first time.
The value of Chinese stocks rose above $10 trillion for the first time, the latest milestone for the nation’s world-beating rally.
Companies with a primary listing in China are valued at $10.05 trillion, an increase […]
