Think tank explains why it’s ‘pointless’ to delist Chinese companies from U.S. stock markets
U.S. and China flags along Pennsylvania Avenue in Washington, D.C. on Jan. 17, 2011. Andrew Harrer | Bloomberg | Getty Images Delisting Chinese companies from U.S. stock exchanges is “a pointless drive” that will neither deny those firms access to...
Sentiments Supported Further by China Services Data, Yen and Dollar Soft
Markets are generally trading in risk-on mode today. NASDAQ surged to new record highs overnight following solid US job data. Better than expected China services data continue to support sentiment. Yen, Dollar and Euro are set to end the week...
Market Morning Briefing: Aussie Is Stable Near Current Levels
STOCKS Shanghai has surged further to reach our target much faster than expected. Better than expected manufacturing data release and a rate cut from the central bank are boosting the momentum. Shanghai continues to remain stronger among the lot. Dow...
IPOs in Hong Kong and Shanghai pop, despite pandemic, tensions with the U.S.
The Hong Kong exchange building. Vincent Isore | IP3 | Getty Images Initial public offerings (IPOs) in greater China jumped in the first half of this year, bucking the declines seen elsewhere due to the impact of the coronavirus pandemic....
Stocks rise after better-than-expected jobs report to close out winning week
Stocks rose on Thursday following a better-than-expected U.S. jobs report as the economy tries to recover from the coronavirus pandemic. The Dow Jones Industrial Average closed 92.39 points higher, or 0.4%, at 25,827.36. The Nasdaq Composite hit a record high,...
Loop Capital CEO says diversifying his workforce has been easy: ‘I focus on talent’
Loop Capital Chairman and CEO Jim Reynolds told CNBC on Thursday that building a diverse team has not been a challenge for the Chicago-based investment bank. “I have found it so amazingly easy to recruit minority candidates — African American,...
Unemployment is falling. But it may be short-lived: ‘There’s no cause for celebration’
President Donald Trump speaks to journalists in the Brady Press Briefing Room at the White House July 2, 2020. The president addressed reports that the unemployment rate fell to 11.1%. Chip Somodevilla/Getty Images The U.S. unemployment rate is at its...
Record jobs gain of 4.8 million in June smashes expectations; unemployment rate falls to 11.1%
Nonfarm payrolls soared by 4.8 million in June and the unemployment rate fell to 11.1% as the U.S. continued its reopening from the coronavirus pandemic, the Labor Department said Thursday. Economists surveyed by Dow Jones had been expecting a 2.9...
WTI Oil Outlook: WTI is on Track to Form the Third Straight Doji as Conflicting Signals Keep Near-Term Action Directionless
WTI continues to trade around $40 handle on Thursday, extending narrow-range movements into third straight day and on track to leave third consecutive daily Doji candle. Conflicting signals keep oil price in directionless mode as sharp drop in US crude...
Solid Jobs Report and Relentless Reopening Optimism Drive Stocks and Oil Higher, Gold and Dollar Slump
The US economy continues to head in the right direction. Financial markets are heading into a long weekend on a high note after a blockbuster jobs report showed 4.8 million jobs were created, the most since records began in 1939....
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Introduction to Basic Trendline AnalysisIn this series we will piece together the anatomy of a swing trade and discuss ... 
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