• Chinese tech stocks are surging

    7 days ago - By Business Insider

    Global markets are in rally mode after two days of aggressive selling.
    President Donald Trump and Chinese President Xi Jinping could meet in November at a multinational summit to discuss trade issues, The Wall Street Journal reported.
    As a result, Chinese tech stocks are climbing across the board.
    Watch Alibaba Baidu.com JD.com Nio iQiyi Bilibili Huya Pinduoduo trade in real time here.
    Chinese tech stocks traded in the US are gaining Friday after an overnight global markets rally and on signals that President Donald Trump and Chinese leader Xi Jinping could meet in November to discuss...
    Read more ...

     

  • Stocks And Bond Yields Both Testing Multi-Decade Resistance

    Stocks And Bond Yields Both Testing Multi-Decade Resistance

    7 days ago - By ETF Daily News

    From Chris Kimble : At what point does the rise in treasury yields matter to the economy and stock market?
    Today's chart looks at the past 4 decades of the 2-year treasury note yield versus the stock market .
    As you can see in the chart below, the 2 year treasury yield has been in a downtrend for quite some time (1). A steep rally in 2-year rates has yields testing this down trend line right now. The past 2 times the downtrend line was tested were in 2000 and 2007 - both resulted in bear markets!
    It's also notable that the Dow Jones Industrial Average is testing upside resistance within...
    Read more ...

     

  • The madness in markets has traders paying the most in years to protect against more damage in tech stocks

    The madness in markets has traders paying the most in years to protect against more damage in tech stocks

    7 days ago - By Business Insider

    Stocks have gotten crushed over the past six days, and no area has been hit harder than the tech companies so responsible for pushing the market higher.
    Traders are running scared, and also paying a heavy premium to hedge against further losses in tech. The cost has rarely been higher over the past decade.
    The stock market has been in meltdown mode all week, which means traders are watching their backs.
    They're loading up on hedges to protect against further wreckage. And their urgency to do so has pushed costs to exorbitant heights.
    That's been especially true for the formerly red-hot...
    Read more ...