This afternoon, many of the leading Chinese internet stocks are coming under some distribution. Last night, China reported some economic data that was below analysts expectations. This tells us that the world's hottest economy could be cooling off. Any slowdown in China could be problematic for the global economy.
Sina Corp (NASDAQ:SINA) is a leading Chinese internet stock that started the session very strong. The stock traded as high as $80.80 a share at the…
Added by Bryan Leighton on March 12, 2012 at 3:53pm — No Comments
This morning, all of the leading Chinese internet stocks are declining lower. Baidu Inc (NASDAQ:BIDU) is considered the leading Chinese ADR in the market. Today, BIDU stock is trading lower by $2.83 a share. Short term traders should watch for intra-day support around the $137.00, and $135.00 levels. The daily chart is holding up fine for BIDU at the moment.
Some other leading Chinese internet stocks that are declining lower this morning include Netease.com Inc…
Added by Bryan Leighton on February 17, 2012 at 10:27am — No Comments
Throughout 2011 most traders and investors have focused on the banking and sovereign debt crisis in the European Union. Nearly every trading day is filled with news of different bailout plans for the large countries in the Euro-zone. This week, we shall switch gears a little and focus on the three leading Asian stock indexes. After all, the Asian markets are supposed to be the growth engines of the world. Some of the Asian stock indexes have lead the markets in the world since the…Continue
Added by Bryan Leighton on December 12, 2011 at 10:06am — No Comments
All of the major stock indexes are rallying sharply higher today. Technology, energy, precious metals, and even the financial stocks are trading higher on the session. By all accounts the major stock indexes are holding up very well. While this rally appears strong today there are a few leading stocks that just can't seem to catch a bid. Stocks that fail to rally when the stock market is strong must be watched closely. These stocks are signaling weak relative strength compared to the…Continue
Added by Bryan Leighton on November 28, 2011 at 3:47pm — No Comments
Added by Bryan Leighton on September 29, 2011 at 10:58am — No Comments
Added by Bryan Leighton on September 9, 2011 at 2:45pm — No Comments
Harvard's endowment fund, the largest and most-watched university endowment in the U.S., disclosed in SEC filings that it continued to up its stakes in select emerging markets ETFs in the second quarter while paring its holdings of others.…Continue
Added by Benzinga on August 23, 2010 at 11:00am — No Comments
Added by ken flagg on August 11, 2010 at 9:28am — No Comments
Added by ken flagg on August 11, 2010 at 9:27am — No Comments