What a busy 12 hours we’ve had. And with America waking up, let’s have a recap.China’s central bank has slashed interest rates and allowed its banks to lend more money, in an attempt to prop up its economy.The stimulus move, which has driven shares higher worldwide, came after another day of heavy losses in Asia.In an unscheduled move, the People’s […]
© AFP Johannes EiseleThe Chinese government intervened to stem a rout in the Shanghai market after it crashed 30 percent from its peak in mid-JuneShanghai (AFP) – China’s market regulator on Friday vowed to stabilise the volatile stock market for a “number of years”, saying a state-backed company tasked with buying shares will have an enduring role.”For a number of […]
© AFP/File Louisa GouliamakiPeople queue at ATM machines outside a branch of Piraeus Bank in central Athens on June 29, 2015Athens (AFP) – Attention will be focused on Greece’s embattled banks on Monday when the Athens stock exchange reopens after a six-week shutdown over the country’s debt crisis.The banks are in a vulnerable position because of outflows of billions of […]
REUTERS/StringerVia Dave Lutz at JonesTrading, here’s a guide to what traders are talking about after a huge sell off in Chinese stocks overnight.Good Morning! A sea of red overseas has the S&P extending last weeks’ 2.2% drop. Nasdaq off 60bp, S&P off 50bp as the commodity complex continues to cycle lower. Heavy losses over in Europe, with the DAX off […]
Anyone who reads my blog is already likely to know the story. Until the market peaked on June 12, with the Shanghai Composite at 5,178, China had experienced a stock market boom that saw the Shanghai index rising in what seemed like a straight line by more than 135% in one year. The boom seemed almost inexplicable from a fundamental […]
Technology Behind Bitcoin Could Totally Replace the Stock Market Joshua KrauseThe Daily SheepleJuly 6th, 201586 views
Bitcoins may not be the best investment these days, but no matter where you stand on their future potential, you have to admit that the technology behind Bitcoin is pretty impressive. With the exception of gold and silver, never before in history has a currency […]
Related BZSUMMid-Day Market Update: Nike Jumps On Strong Results; SYNNEX Shares SlideMid-Morning Market Update: Markets Gain; Finish Line Beats Q1 ViewsToward the end of trading Friday, the Dow traded up 0.22 percent to 17,929.20 while the NASDAQ slipped 0.77 percent to 5,072.80. The S&P also fell, dropping 0.15 percent to 2,099.09.Leading and Lagging SectorsCyclical consumer goods & services shares rose […]
Buy Undervalued Stocksby Jim Walker on Wednesday, June 17th, 2015 | Comments Off on Buy Undervalued StocksThe stock market is overvalued and probably ready for a correction but there are still opportunities to buy undervalued stocks. An insightful article in InvestorsPlace suggests that IBM, Chevron and the shipping container company, Textaniner Group Holdings, are all undervalued stocks and set to […]
Oscar Williams-Grut
May 12, 2015, 3:57 AM
41
Matt Cardy/Getty ImagesThe party is over for tradersThe FTSE 100 opened over 1% lower this morning as the jubilation over a Tory victory wears off in the City.The FTSE 100 and 250 both jumped on Friday on news of a surprise Tory majority in the UK elections.But Britain’s index is over 110 points lower this […]
The Chinese stock market gold rush continued this week – Quartz
Enjoy the show.(Reuters)
SHAREWritten byMelvin Backman@melvinbackmanObsessionChina in transitionApril 3, 2015China’s stock market is on fire this year. It’s up more than 47% in just a few short months; that includes a 7.5% surge in the last week alone, making it a standout in world markets.ShareTap image to zoomThat’s the kind of […]
