The following article is courtesy of Michael Johnston, author on Seeking Alpha. It discusses the following companies: iShares MSCI (NYSE:EWA), IQ Australia (NYSE:KROO) One of the many beneficiaries of the tremendous growth in China’s economy has been the resource-rich nation of Australia. The Aussies are one of China’s largest trading partners, and have thrived on [...]
Have you tried to find someone bullish on the Euro CurrencyShares Euro Trust (NYSE:FXE)? I have had no success in finding anyone out there that is bullish. What does that mean? It means I am moving to the bullish side on the Euro and slightly bearish on dollar. Why would I do this? The short [...]
With earnings that would make a parent proud, Baidu, Inc. (NASDAQ:BIDU) reported some unbelievable numbers. It does appear that Google Inc.’s (NASDAQ:GOOG) exit has sparked massive new revenue for the company. Not only did they blow away earnings estimates, but BIDU also upped guidance tremendously for next quarter. The stock is soaring today, higher by [...]
The following article is courtesy of China OTC Player‘s blog. A 10 percent plunge in real estate stocks cooled off the Rising China Stocks (NYSE:RCS) index for a second consecutive week, wiping out nearly a third of the gains the small cap index had made this year and putting it well off the pace of [...]
The rally from the March 2009 lows was one of the largest rallies we have ever witnessed in stock market history. While the ninth year of a decade is usually a bullish trading year there a very few people who expected an advance over fifty percent off the lows. Many traders and investors including myself [...]
The markets staged a late rally after the Federal Reserve left interest rates unchanged. In addition, their comments alerted the markets that interest rates would remain at rock bottom levels for the foreseeable future. With interest rates low, stimulus money flowing, growth and the re-inflation rally continuing in the near term are likely. The markets [...]