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Chinese Stocks Just Broke A 35-Year Support Line
Thursday, December 31, 2015 - 10:41am | 221Read More...The Hang Seng Index of late has broken below support line (1) in the chart below. This support line has been in play for the past 35-years. The Power of the Pattern is of the opinion that a key kiss of resistance could be in play and what takes place from here, could well impact markets globally...
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Investors To China TechFaith Wireless: Here's How To Maximize Value
Thursday, October 1, 2015 - 4:06pm | 489Read More...Shares of China Techfaith Wireless Comm. Tech. Ltd (NASDAQ: CNTF) have lost more than 55 percent over the past year and nearly 95 percent since its 2005 IPO. Investors John Romero and Patrick Small wrote an open letter to the company's management. The investors argued that shareholders have "...
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Housing Improvement Helps Plug Early Stock Slump
Tuesday, August 18, 2015 - 4:20pm | 696Read More...China’s fresh currency and stock plunge are yanking U.S. stocks lower in early action Tuesday, leaving Monday’s respectable U.S. housing-boosted stock gain in the rear view mirror. Stocks did trim early losses Tuesday after a largely upbeat housing starts report continued the theme of...
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A New Way To Bet Against China's Highest-Priced Stocks
Thursday, April 16, 2015 - 12:52pm | 340Read More...China just introduced futures on the small-cap CSI 500 Index, and investors will now have a cheaper way to bet against some of China’s most expensive stocks. The CSI 500 has skyrocketed more than 47 percent in 2015 versus the 26 percent gain for the benchmark Shanghai Composite Index....
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Seven Hot Chinese Stocks
Tuesday, February 14, 2012 - 7:37am | 1010Read More...Vice President Xi Jinping of China meets with President Obama on Tuesday at the White House in an effort to enhance trust between the two countries. And here is a quick look at some Chinese stocks that have risen between 15% and 25% year to date. They all are traded on U.S. exchanges, and each pays...
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Extreme Return Naked Put Options
Wednesday, December 21, 2011 - 5:39am | 683Read More...It's hard to imagine that one can 'long' a stock, when the stock fell from above $8/share to less than $3/share, and yet returned almost 20% in half a year. If you think it's fiction, welcome to the world of extreme naked put options. The stock being referenced is China Medical Technologies, Inc...
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Perfect World Earnings Preview: Double-Digit EPS, Sales Growth Expected
Monday, November 21, 2011 - 7:34am | 680Read More...Perfect World (NASDAQ: PWRD) is scheduled to report fiscal third-quarter 2011 results today, November 21, after the closing bell. Global gaming is expected to see expansive growth in 2012, according to a poll of 1,150 gaming professionals at the Global Gaming Expo. And Perfect World recently...
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Baidu and Changyou.com to Open Near 52-Week Highs
Tuesday, July 26, 2011 - 8:55am | 498Read More...Baidu (NASDAQ: BIDU) and Changyou.com (NASDAQ: CYOU) reached new 52-week highs of $157.90 and $49.84 per share, respectively, in Monday's trading session. Baidu's second quarter results came in well ahead consensus estimates and it offered a robust third-quarter sales forecast. Beijing-based Baidu...
