Thursday, August 27, 2015

Chinese Government Spurs Last Hour Monster 5.34% Rally!

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Following five straight days of hammering , the Chinese government posted another rare occasion where they succeeded to electrify their sto...
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Breaking: Philippine 2Q GDP 5.6% (Y-o-Y), 1Q GDP Revised Down to 5%

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The NSCB website remains inaccessible. However, tradingeconomics.com show that 2Q GDP inched higher to 5.6%, that's lower than...

US Stocks Stages Monster Relief Rally

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The other day the US stock market rallied hard, but unfortunately, it faltered at the end of the session. I called it the Pump and Dump .  ...
Wednesday, August 26, 2015

Cuts in Interest Rate and Reserve Requirements to Save Stocks? Shanghai Index Suffers Steepest 5 day Slump!

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So what happened to those “flushing of liquidity into the system”? And for today, it has been more than just interest rate/ reserve req...

Macabre Tweet of the Day: Victim of China’s Stock Market Crisis

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I had second thoughts about posting this macabre tweet from SCMP’s George Chen. But it dawned on me that this image should under...

Stunning: US Stocks on a Furious Pump and Dump!

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Wow.  Posted below I noted of how US stocks had been drifting about 3%+ at the opening. Now I awoke to discover that another quasi crash o...
Tuesday, August 25, 2015

China’s Shanghai Index Crashes 7.63% Again, Japan’s Nikkei Slumps 3.96%

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It seems that the adulterated Chinese version of King Canute, whom has incredibly failed to stop the stampede out of China’s stock markets,...

Chart of the Day: How Big is Uber?

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From the National Post (hat tip Mark Perry)

Asian Crisis Watch: Bears Snare Fourth Asian Bourse: Thailand's SET

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Membership to the Asian Bear Market Club has been growing amazingly fast. Thailand's major equity bellwether, the SET, highligh...
Monday, August 24, 2015

The Phisix is Mortal After All: Crashes 6.7%!

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After all the portrayal of invincibility and of “this time is different”, the Philippine Phisix is shown to be mortal after all! ...
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Chinese Stocks Craaasssshhh 8.5% Again! Japan's Nikkei Tumbles 4.61%!

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This is just awesome! Newton’s third law of motion : For every action, there is an equal and opposite reaction From Bloomberg...

China Stock Market Rescue Fever Spreads to Taiwan, South Korea and Indonesia

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When the Chinese government launched their stock market rescue program, I predicted that this will be copied by the others: Yet pretty ...