Chinese stock market vaguely reminds me of the 2008 real estate crash here based on 'derivatives' for some reason. Too much overvalued speculation (manipulation?) and not 'true investments' in quality stocks/companies.
Don't take my comments as trading advice /IFT: 2-13-24=100G/https://www.theepochtimes.com/ & http://www.ewg.org/PermaCharts@p430#5159/strategy#4918p.410
Chinese stock market vaguely reminds me of the 2008 real estate crash here based on 'derivatives' for some reason. Too much overvalued speculation (manipulation?) and not 'true investments' in quality stocks/companies.
Your analogy is right on according to several analysts EXN. But if they are going to price fix, I hope their Gov't can contain the damage for a while. It will be interesting to see if they start selling default bonds on their margined stocks. . All this drama just kicks the Shanghai can down the road until Xmas.... but sooner or later, someone will have to pay the piper. Note to Self: Buy GOLD in mid-October and get out of the stock market.
FS
FogSailing
Try to learn something about everything and everything about something.
You might wanna make that Sept. (remember last Oct selloff?). Get the feeling that the market has a long memory about Oct/1929 - and is skittish with stocks currently overvalued generally.
Pre-markets are down a bit, hope Monday is 'flat' at worst. No big losses!
http://www.cnbc.com/pre-markets/
Doesn't sound promising.
Europe has made Greece a terrible offer, and the Greek government thinks it's 'very bad'
Europe has made Greece a terrible offer, and the Greek government thinks it's 'very bad' - Yahoo Finance
Greece:
Wish I'd seen this before reducing my position to 40%. Oh well, half a loaf.
"The bill is expected to pass with votes from opposition parties, who have said they will support it as it was the only way to ensure Greece remains in the euro currency."
https://finance.yahoo.com/news/lates...161930136.html
Greece pledges to get rid of tax evasion as a way of life
https://finance.yahoo.com/news/greec...150445104.html
China may be able to strong arm the stock market in the short term but sooner or later something's gotta give.
China's Tamed Stock Market Might Bite Its Economy
https://finance.yahoo.com/news/china...154059642.html
Argh! Enough already!
'Just when I thought I was out, they pull me back in.'
https://www.youtube.com/watch?v=UPw-3e_pzqU
IMF calls for Greece debt relief ahead of bailout vote
IMF calls for Greece debt relief ahead of bailout vote - Yahoo Finance
FINALLY, in plain english.
Ackman: Chinese Stocks Are Worse Than U.S. in 2007
https://finance.yahoo.com/news/ackma...150854443.html
S&P500 (C Fund) (delayed) (Stockcharts.com Real-time) |
DWCPF (S Fund) (delayed) (Stockcharts.com Real-time) |
EFA (I Fund) (delayed) (Stockcharts.com Real-time) |
BND (F Fund) (delayed) (Stockcharts.com Real-time) |
||
Yahoo Finance Realtime TSP Fund Tracking Index Quotes |
Bookmarks