tuesday

European stock markets fall again as China worries bite | Business …

Germany’s Dax index and France’s CAC 40 fell 1.7% on Wednesday morning. Photograph: Corbis
European stocks resumed their falls on Wednesday as fears about the Chinese economy once again gripped investors and a late plunge in US stocks unnerved the market.The FTSE 100 fell by 102 points, or 1.68%, by the close of trading to 5,979 points, below the key 6,000 […]

China just took action to reduce stock market speculation – Business …

Mario Tama/Getty ImagesThe China financial futures exchange (CFFEX) just announced a swathe of measures designed to limit market speculation.In a release today CFFEX stated that margin requirements for futures trading had been raised along with transaction fees. They will also restrict trading positions in some stock index futures.Having seen stock futures fall by as much as 10% on both Monday […]

Make no mistake — the stock market might still be … – Business Insider

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 […]

Technicals are strengthening

Posted Tuesday, August 18, 2015 @ 6:57 am by Dr. WishTechnicals are strengtheningGMI4/6GMI-27/8What is the GMI?WORDEN T210841%GMI back to 4 (of 6) and T2108 is at 41% and is at highest reading since July 17. T2108 measures the percentage of NYSE stocks that are above their 40 day simple moving average and shows that large cap industrial stocks may have […]

Stock Market, Gold Early Week Pullback Expected – The Market Oracle

Stock Market, Gold Early Week Pullback ExpectedStock-Markets / Stock Markets 2015Aug 17, 2015 – 09:08 AM GMTBy: Brad_GudgeonStock Market: The 12 TD low came on Wednesday along with the TLC low near 2052. Next is due the 4/(8-1)/16 TD low on Tuesday this next week. Support is in the 2039/2046 SPX area. Friday the 14th was a solunar turn and […]

US stock markets follow global drop over Chinese economy …

Traders work on the floor of the New York Stock Exchange (NYSE) at the start of the trading day in New York on Wednesday. Photograph: Andrew Gombert/EPA
US stocks rallied late on Wednesday afternoon following an earlier worldwide markets slump due to concerns about the health of the Chinese economy.The major US stock indices end the day roughly flat, after having […]

Stock market 'breadth' – Business Insider

More and more people in the market are worried about “breadth.”Breadth is basically a measure of how many stocks are going up in the market against how many stocks are going down. And because of how the averages are computed, more stocks can be rising than falling, or vice versa, without seeing an exact replication of this phenomenon in the level of […]

Birinyi says S&P 500 3,200 by 2017 – Business Insider

Bloomberg TVLaszlo Birinyi thinks the S&P 500 can hit 3,200 by 2017.That would be a 52% jump from where the benchmark index was trading on Tuesday afternoon. In an interview with CNBC on Tuesday, Laszlo Birinyi of Birinyi Associates said: “Most people don’t realize that we are now in the second greatest S&P rally in history, and we are actually ahead of the 1990 […]

Deutsche Bank on China's crazy stock market – Business Insider

REUTERS/StringerA trainer picks up Chinese Yuan banknotes from the open mouth of a crocodile during a performance at a zoo in Wenling, Zhejiang province March 2, 2015.China’s markets are going crazy again and Deutsche Bank’s Jim Reid is taking the big step of admitting he doesn’t get it.Stock markets in China went into free fall in June, pausing only briefly […]

Jeff Gundlach on Chinese stocks: “It's not good.” – Business Insider

DoubleLine Capital”It’s not good.”According to DoubleLine Funds’ Jeff Gundlach, that’s really the only thing you can say about the boom and crash of the Chinese stock market.Even after its 28% crash since its June high, China’s Shanghai Composite Index is still up around 84% from a year ago.Gundlach, who spoke Tuesday during a webcast for DoubleLine Funds’ investors, said that […]