Home. The tone was set early on by china that barred big investors for selling listed shares for six months. The sharp move higher fell back to earth. The dow jones held on to a gain of 33 points. It had been up as much as 249. Nasdaq rose a dozen and the s p added 4. It was the unusual move in china that sent the shanghai composite up nearly 6 . We have more now from beijing. The Chinese Media talking about a National Sports team saying theyre truly taking action. The market rallied by 6 today. They enhissed state owned enterprises to stop selling shares. We also learned that police are investigating what they call malicious short sellers and they also already have said they found at least a dozen institutions well as some individuals who engaged in what they call the illegal practices. The investors here were relatively relieved by the rally and theyre still very cautious. Many of them are angry with the government. We saw protestors in small groups outside of the office. Many of the
Beijing and it was felt back home. The tone was set early on by china that barred big investors for selling listed shares for six months. The sharp move higher fell back to earth. The dow jones held on to a gain of 33 points. It had been up as much as 249. Nasdaq rose a dozen and the s p added 4. It was the unusual move in china that sent the shanghai composite up nearly 6 . We have more now from beijing. The Chinese Media talking about a National Sports team saying theyre truly taking action. The market rallied by 6 today. They enhissed state owned enterprises to stop selling shares. We also learned that police are investigating what they call malicious short sellers and they also already have said they found at least a dozen institutions well as some individuals who engaged in what they call the illegal practices. The investors here were relatively relieved by the rally and theyre still very cautious. Many of them are angry with the government. We saw protestors in small groups outsi
Home. The tone was set early on by china that barred big investors for selling listed shares for six months. The sharp move higher fell back to earth. The dow jones held on to a gain of 33 points. It had been up as much as 249. Nasdaq rose a dozen and the s p added 4. It was the unusual move in china that sent the shanghai composite up nearly 6 . We have more now from beijing. The Chinese Media talking about a National Sports team saying theyre truly taking action. The market rallied by 6 today. They enhissed state owned enterprises to stop selling shares. We also learned that police are investigating what they call malicious short sellers and they also already have said they found at least a dozen institutions well as some individuals who engaged in what they call the illegal practices. The investors here were relatively relieved by the rally and theyre still very cautious. Many of them are angry with the government. We saw protestors in small groups outside of the office. Many of the
It seems that way with the s p climbing 1. 1 and the s p 1. 8 and today for once seemed rooted in something very positive. The end of the greek disaster scenario took it off the table and there were plenty of people who believed that if greece broke with the euro there would be pure chaos in the financial world, dominos and those investors are now off the sidelines buying or recovering their short positions meaning buying back what they bet against because you most leakly arent going to see drachmas any time soon. The woman who ran the show the whole time german chancellor Angela Merkel closed this morning at 3 00 a. M. And lets just say the greeks blew it. They went for broke and got a terrible deal because in the end they wanted to be in the euro more than the germans wanted them in the euro. The germans were willing to throw them over. I think the europeans threw in the plan because they wanted to force them to vote yes. Maybe theyll see Leftwing Party propaganda that the deal wont
Individual stocks time and time again from my deus that arent reflected in the broader averages lurk everywhere you look. Sure, you couldnt see it maybe today and the smoke declined three points and the s p slipping. 7 and the nasdaq slipping. 02 but with creativity and smarts they kl relatively easy to find. I often say good ideas are often right in front of our faces and on the dinner table and the mall which means the gains are there to be had as long as youre actually looking at them. Eyes open. Today i heard a raft of these stories. Actually, way too many to detail on the show at the delivering alpha conference thrown by cnbc and institutional investor. Let me give you the ones that i got to delve into firsthand so you can understand the ease with which these ideas indeed can be found because they are everywhere but there was a plethora of them out there today. For instance take these shoes, okay . Take them why not . Honestly, i didnt shine them and i didnt get a chance to take t