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Technical Analysis

HK bucks trend, lifted by transportation

HK bucks trend, lifted by transportation

January 17, 2014 (Chinavestor) Disappointing earnings reports from Goldman Sachs (NYSE:GS) and Citigroup (NYSE:C) dragged down the markets on Thursday. The Dow Jones Industrial Average (INDEXDJX:DJI) fell 64.9 points or 0.4%. The China ADR Index, compiled by Chinavestor and measuring the performance of US listed Chinese stocks, slid 4.3 points or 0.6%. Sina Corp. (NASDAQ:SINA) fell $4.0, the most among major Chinese stocks. Rumors that a new app from rival Tencent (HKG:0700) is taking away users from Sina's Weibo microblog were behind the decline. But Baidu Inc. (NASDAQ:BIDU) shook off bad news and rose $2.5 lifting the rest of the tech sector.

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Technical Analysis

Hang Seng piggybacks Dow mid January

Hang Seng piggybacks Dow mid January January 15, 2014 (Chinavestor) Chinese stocks piggybacked US markets on Wednesday. The Dow Jones Industrial Average (INDEXDJX:.DJI) advanced 115.9 points or 0.7% on Tuesday while the China ADR Index,...
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Technical Analysis

Stocks miss direction is Asia after weak jobs report

Stocks miss direction is Asia after weak jobs report January 13, 2014 (Chinavestor) Stocks were looking for direction in Asia ahead the opening bell on the NYSE today. The Dow Jones Industrial Average (INDEXDJX:.DJI) fell 7.7 points last Friday followi...
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Technical Analysis

Chinese stocks lack direction before jobs data

Chinese stocks lack direction before jobs data January 10, 2014 (Chinavestor) US listed Chines stock suffered heavily on Thursday as Chinese export growth data disappointed. The China ADR Index, compiled by Chinavestor, fell 12.6 points or 1.67% ...
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Technical Analysis

Hang Seng extends Dow gains on Wed

Hang Seng extends Dow gains on Wed January 8, 2014 (Chinavestor)The Dow rose 105.8 points on Tuesday, giving a boost to regional indexes in Asia. The Hang Seng Index (INDEXHANGSENG:.HSI) advanced twice as much, 283.8 points or 1.2% th...
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