|Day Low/High||4.78 / 5.06|
|52 Wk Low/High||4.03 / 90.96|
The Chinese Communist Party has a long and lengthening list of targets for social "rectification."
Feel like a chump? You probably do after seeing what the CCP is doing to its education and tech names and after listening to calls with Carol Tome and Tesla's chief.
Chinese regulators do not care how much stock market destruction they cause in the process of imposing these rules.
I warned when Luckin Coffee went public in May 2019 that the story was too good to be true. It was.
Unfortunately, we have to operate under the principle of where there's smoke, there's fire.
I think we know, just based on the behavior of this Federal Reserve, that all things being equal a more normalized balance sheet is preferable.
Is the expansion on borrowed time? Is this expansion elderly? Or is this expansion still youthful, as in terms of growth?
Clearly, the first half of the month shaped up better than the second half.
After the close on Wednesday, TAL Education Group reported earnings per share of $0.24 that handily beat estimates of $0.08.
Today's assignment is to look at the charts and technical indicators.
This current bull market is not a U.S. story, it's a global one, and 3 China-based names make the list.
Give dip buyers the benefit of the doubt on Wednesday.
Asia-focused brokerage CLSA has identified its top stock picks for next year; domestic stocks may be the way to go.
In this episode of Buy This, Sell That!, Charles Suh, portfolio manager for the Pacific Advisors Small Cap Value Fund, names his favorite stocks including Conns and Hornbeck.
The bullish continuation patterns in TAL, CX and USG are quite positive.