• Data Sheet-In Wisconsin, Some Fear Foxconn Factory's Main Product Is Smoke and Mirrors

    19 days ago - By Fortune

    Happy Halloween from Hong Kong where stock markets, despite today's modest rally , are still spooked by the U.S.-China trade war. China tech investors took fright on Monday, as the U.S. Commerce Department, citing national security concerns, announced plans to block Fujian Jinhua Integrated Circuit, a state-owned Chinese tech firm, from buying American components. Analysts say the move could seal the company's doom.
    Tuesday brought fresh horrors as the U.S. Justice Department charged two Chinese intelligence officers with stealing technology for a jet engine being developed by a French and...
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  • Dow Jones Industrial Average Starting To Look Bullish Again

    19 days ago - By ETF Daily News

    Market technician Dave Chojnacki of StreetOne Technical Analysis takes a deep dive into the underlying technicals for the major U.S. averages, which are suddenly improving by the day.
    Equities got off to a good start on Tuesday, as Consumer Confidence came in slightly better than expected. Big Techs and Semi's made a rebound after their recent bloodbath. The FANG stocks, which have been beaten down, were strong except for AMZN. AMZN continued its fall giving up 0.5%. Regardless, the NDX had a strong gain in the session. Small-caps also had a good day, with the IWM gaining 2% on the day...
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  • How the U.S. midterm elections could ripple through markets

    19 days ago - By Reuters

    Gridlock, Blue Sweep or Red Repeat? Wall Street is closely watching the U.S. midterm Congressional elections next week, as policy decisions that could sway the economy, corporate decision-making and consumer spending hinge on the results.
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  • U.S. Elections Could Trigger A Market Bottom

    U.S. Elections Could Trigger A Market Bottom

    19 days ago - By ETF Daily News

    From Chris Vermeulen : Almost like clockwork, our research team, at Technical Traders Ltd. , predicted on September 17 ) the US stock market would turn lower and attempt a 5~8% downside move on or after September 21 headed into the US mid-term elections.
    Our analysis of the potential downside move was related to our price modeling systems expectations that a common predicted downside target existed between -5% and -8%. Our researchers did not believe the markets would fall much below -10% before hammering out a price bottom and finding support.
    Today, we wanted to alert you to the fact...
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