The China stock market as reflected by the Shanghai Composite and Shenzhen Composite indices are at a point where they have stretched their price action out in an ever compressing pattern over the last 10 months.
This won’t go on forever and I believe we are very close to a resolution.
In today’s Asia Update video I look at the Shanghai and Shenzhen indices, Hong Kong’s Hang Seng Index, India’s Nifty 50 and Japan’s Nikkei 225.
I also review two China ADRs, Weibo (WB) and Ctrip.com (CTRP).
On Thursday Qualcomm (QCOM) announced a huge $47 billion deal to acquire NXP Semiconductors. Is that the top for Qualcomm and the semiconductor sector?
In this brief market analysis video I look at this week’s market action by reviewing the S&P 500 daily and weekly charts, one of my key indicators, and then 3 key ETFs. This is just a brief snippet of what my Insider Members receive.Continue reading
The VIX is in the cellar again. No fear. The stock market has been chopping sideways over the last six weeks. This kind of stock market lullaby can be dangerous.
In today’s brief market video I look at the NYSE Composite Index (NYA) on a daily and weekly basis, check a couple of indicators and 3 key ETFs.
I also look at the Baltic Dry Index for the first time in quite a while. Here we go again?Continue reading
In this Asia Update video I look at the Shanghai Composite, Hong Kong’s Hang Seng Index and India’s Nifty 50. Two China ADRs, BIDU and YY.Continue reading
