Despite poor retail sales stocks bounced higher for the fourth straight session. Energy and Biotech stocks led the overall market today. Energy seems to be finding support at early 2015 lows. Biotech continues its run despite fundamentalists crying foul over earnings multiples. Transportation stocks lagged the market along with utilities. Bonds rallied a bit today as they continue to remain […]
China Crash, Greece Collapse, Harbingers of Stock Market Apocalypse Forecast 2015?Stock-Markets / Stock Markets 2015Jul 13, 2015 – 03:05 AM GMTBy: Nadeem_WalayatWhilst all eyes in the West were on Greece as its marxist Syriza government played game of thrones with the Greek peoples lives as they black mailed the Eurozone, the chinese stock market crashed, collapsing by over $2 trillion […]
One investor shows the strain in a stock exchange hall in Nantong, Jiangsu province, during the recent week of turbulence. Photograph: ChinaFotoPress/Getty
The numbers are mind-boggling. Ten days of falls on the Shanghai stock exchange resulted in losses that exceeded the GDP of Mexico. And 12 million Chinese citizens who opened share-trading accounts in May were nursing potentially ruinous losses. Margin […]
* * * *
7/11/2015 Investment House Report
* * * *MARKET ALERTS:Targets hit: None issuedBuy alerts: JACKTrailing stops: None issuedStop alerts: None issuedThe market alert service is a premium level service where we issue intraday alerts relating to the general market conditions, when stocks hit action points (buy, stop, target, etc.), and when we see other information impacting the market or […]
‘International investors have called the recovery a dead cat bounce, and the leadership’s reputation with its own people has suffered a serious blow.’ Photograph: Imaginechina/Corbis
The Chinese stock market crash came to a juddering halt yesterday, after a nailbiting three weeks that left investors $3tn poorer. The halt came after an escalating series of interventions that culminated in the suspension of […]
Thomson ReutersInvestors looking at computer screens showing stock information at a brokerage house in Shanghai.See AlsoFBI chief wants ‘backdoor access’ to encrypted communications to fight ISISRussia woos China before BRICS summitChina’s market crash is reversing the most important thing the government has been trying to do in decadesChina has announced a blanket ban on major shareholder selling for the next […]
Biotech Stocks Could Not Hold the Fort -Global Concerns Mount
Pundits and IT Experts Say Cybersecurity Was Not Breached
We see today that even biotech stocks can sell-off on negative macro sentiment. All of the global news compounded by network issues with United Airlines and the NYSE rattled traders and created a bias toward profit taking. Some market experts say this was more […]
The Chinese stock market meltdown is accelerating despite government intervention and is blowing back to commodities markets, including copper and oil, which are trading down based on concern that the stock market plunge is a harbinger of even more economic weakness. The Financial Times gives a snapshot of today’s downdraft:
China’s central bank stepped up state support for sinking stocks on […]
Unlike most other stock markets, where investors are mostly institutional investors, in China, 80% of investors are small retail investors. Photograph: STR/AFP/Getty Images
China’s stock exchange regulator has imposed severe limits on stock market selling, having earlier warned of panic in the market as a range of recent government measures failed to prevent stocks plummeting a further 6%.After 10 minutes of […]
European Stocks, Chinese Stocks And Commodities Are All Crashing – Are U.S. Stocks Next?
By Michael Snyder, on July 7th, 2015A global stock market crash has begun. European stocks are crashing, Chinese stocks are crashing, and commodities are crashing. And guess what? All of those things happened before U.S. stocks crashed in the fall of 2008 too. In so many […]
