Day Two of the rally in Shanghai

Day Two of the rally in Shanghai

April 19, 2018 | Daily JAM | 0 comments

Granted you can draw a trend line with just two data points, but it doesn’t indicate very strong trend. The Shanghai Composite Index closed up 0.84% last night, taking the index to 3117. This comes after the Wednesday gain of 0.8% to 3091.

Chinese stocks bounce back on better than expected but still tight liquidity

Chinese stocks bounce back on better than expected but still tight liquidity

February 12, 2018 | Daily JAM, Morning Briefing, Short Term, Volatility | 0 comments

As is so often the case, liquidity was the driver for Chinese stock today, Monday. The Shanghai Composite Index rose 0.78% to 3,154.13 points by the close of trading Monday, after initially falling 0.45% during the morning. Two indexes with more exposure to China’s smaller companies and entrepreneurial sector showed bigger gains. The Shenzhen Component Index rebounded by 2.91%, while the startup-heavy ChiNext exchange gained 3.49%

Notes You Need for December 22: Bitcoin, VR, QCOM, inflation, Nikkei, Shanghai, personal income, BLDP, rig count

Notes You Need for December 22: Bitcoin, VR, QCOM, inflation, Nikkei, Shanghai, personal income, BLDP, rig count

December 22, 2017 | Daily JAM, Notes You Need | 1 comment

In my daily trawling through the market I come upon lots of tidbits of knowledge that I think are important to investors but that don’t justify a full post. I’ve decided to start compiling these notes here each day in a kind of running mini blog that I’m calling Notes You Need. A typical post looks much like this entry from today: 11:20 a.m.: Continued weak inflation in November. The PCE (Personal Consumption Expenditures) index rose 0.2% in November from October. Economists surveyed by Briefing.com had expected a 0.3% month over month increase. The Core PCE was up just 0.1% month over month. “The PCE Index is the Federal Reserve’s preferred inflation measure. Year over year the Core PCE Index is up 1.5%.”