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SINA, SOHU back from oversold position

SINA, SOHU back from oversold position

April 17, 2014 (Chinavestor) Smaller cap stocks dominate both the overbought as well as the oversold China stock screen today. This is a problem because technical indicators in general, and the overbought and oversold indicator in particular, is not fit for such stocks. Lack of volume renders this indicator a whole lot less accurate for such stocks.

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PTR, CEO, BIDU lead China stocks higher

PTR, CEO, BIDU lead China stocks higher April 17, 2014 (Chinavestor) Economic data, FED's assessment of the situation and corporate earnings continue to drive stocks higher. The Dow Jones Industrial Average (INDEXDJX:.DJI) advanced 162.3 p...
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Reversal day gives no direction for Wednesday

Reversal day gives no direction for Wednesday April 16, 2014 (Chinavestor) The US markets made a complete reversal on Tuesday. Major indices fell hard until 1:00 P.M. when it all turned around and saw the Dow, the S&P500 and the NASDAQ back ...
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BIDU, SOHU lead, energy stock fall

BIDU, SOHU lead, energy stock fall April 16, 2014 (Chinavestor) US listed Chinese stocks have traded in a narrow range on Tuesday. The market itself lacked direction. The NASDAQ fell 1.8% before a complete reversal which sent the inde...
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Risk appetite is back for Chinese stocks

Risk appetite is back for Chinese stocks April 15, 2014 (Chinavestor) Chinese technology stocks piggybacked momentum on the NYSE and the NASDAQ on Monday while downstream oil stocks suffered. Risk appetite is back as investors saw the glass...
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