Rare earths are surprisingly common, but 90% of production comes from China and the Chinese administration is taking aim at shipments to the United States.
The shipping giant is feeling the effects of intensified U.S.-China trade war hostilities.
This could either be a brilliant buying opportunity or a value trap. If a trade deal is not reached by the end of June, this selloff can get a lot worse.
Don't buy any upbeat presidential tweets, the likelihood of a trade deal is receding fast.
The market has been issuing warning signs for days now and if you are a prudent trader you already should be holding high levels of cash.
It is a tough market environment right now, but if you are positioned with a good supply of cash then you can be optimistic about finding good opportunities.
Let's visit with the charts and indicators to see how things are shaping up today.
I have no idea whether IBM is in the process of a fundamental turnaround, but this point-and-figure price target has my attention.
The department store retailer needs to see more bullish price action before concluding that a rally can be sustained.
The Chinese seem to have badly miscalculated President Trump's resolve to achieve a trade deal that looks out for American interests.