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Technical Analysis

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 points or 1.0% on Wednesday. The advance was not only the third in a row but was universal. Stocks that advanced outnumbered those that fell eight to one among components of the 30 member index.

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Technical Analysis

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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Technical Analysis

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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Technical Analysis

BIDU leads China stocks higher, again

BIDU leads China stocks higher, again April 10, 2014 (Chinavestor) Now that the Dow surged 181.04 points and the NASDAQ snapped back as well, let's take a look at NYSE and NASDAQ listed Chinese stocks on Wednesday....
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Technical Analysis

Global stocks lifted by tech rally

Global stocks lifted by tech rally April 9, 2014 (Chinavestor) The earnings season has started with Alcoa (NYSE:AA) reporting after the close on Tuesday. The mood was mixed on Wall Street with a tech rally lifting the NASDAQ but the D...
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