At the end of the day, U.S. markets decide interest rate cuts from China’s People’s Bank won’t be enough to keep China stock markets happy tomorrow
Even at their most optimistic today, U.S. markets weren’t totally convinced that Shanghai and Shenzhen wouldn’t do something “nutty” when they open tomorrow (tonight New York time.) Apparently at the end of trading today New York investors decided that the risk of a negative Chinese reaction was just too great and they sold “just in case.”
Selling of high liquidity technology stocks today tells us what stocks will bounce back big when sentiment turns
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...Don’t get greedy: If you put on my VIX fear index option suggestion back on July 21, it’s time today to take big profits on soaring volatility
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...Bounce or continued rout? Depends on when you tuned in on the markets today
U.S. stocks opened hugely lower with the Dow Jones Industrial Average plunging 1000 points at the open for a 6.6% loss and the Standard & Poor’s 500 tumbling to a 5.3% decline. But then U.S. stocks rallied into midday and held on to much of those gains in the early afternoon so that at 2:30 p.m. New York time the Dow was “only” off by 363.5 points (2.21%) and the Standard & Poor’s was down “only 2.64%.
Saturday Night Quarterback (on Sunday) says, For the week ahead expect…
It would be “normal” for stocks to bounce on Monday as at least some bargain hunters crawled out of the wreckage and decided to buy Apple (AAPL) 6.1% lower on Friday at $105.76, down 14.6% from its July 20 high of $132.07 or Netflix (NFLX), down 7.6% on Friday and now down 17.1% as of Friday’s close from the August 6 high of $126.50. If there’s no bounce, we know that markets are a deeply panicky
Friday’s global stock debacle–and where we go from here
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...Beyond today’s big price drop: the market is looking more and more anxious
Dig down a level and you’ll find plenty of signs that this market is profoundly nervous. There’s a danger that something relatively minor will set off a correction
What happens after the Fed raises interest rates
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...You mean there might be limits to government stimulus in China?
So much for calm. Today, August 18, volatility returned with a vengeance led by a plunge in China’s mainland stock markets. The Shanghai Composite Index dropped 6.15% overnight.
Sell American Airlines: My thesis hasn’t worked out on this stock
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...Morgan Stanley expands its list of currencies to worry about
On a day when the yuan showed none of its recent volatility, Morgan Stanley is out with a report warning investors and traders not to forget about currency volatility outside China.