I feel this will go down as one of the pivotal days in Chinese history — the day the burritos ran for honor and glory whilst all of America was busy looking at the total eclipse, inflicting permanent retina damage to their eyes.
In a seemingly do nothing session, Chinese stocks, aggressively, moved higher — with both alacrity and purpose.
Shares of WUBA are leading the way, thanks to better than expected earnings.
Other stocks higher by more than 3% for the day include: JRJC, CCIH, ATV, KONE, SGOC, OSN, CCRC, NFEC, CNIT, SPU, JOBS, HPJ, CHU, GSH, CTRP, BSPM, CHNR, HTHT, TEDU, CEO, YY, BYDDF and CADC.
It’s a rather extensive list. I know. As for the reason for the sudden breakout, one could only speculate. One thing is for certain, shares of BABA, now a $400 billion monster, is paving the way for the rest of these scoundrels — readily and consistently outperforming in a market that ceases to go down.
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currently tryin to get the nasdaq green. for the close.
nasdaq was red it looks like for ~95% intraday
just went green. see if they get it to hold
Slipped. means some algos were rejecting the zero-even line, which happened prominently 2 other times earlier
deadly volume
ya think? at clowny valuations? how much higher bulls? how much more clowny?
Chineez PPT fat finger.
Credit default is what ends market cycles. Subprime auto and student loans will crash the uncrashable market. Why cus they are both corrupt as shit.