China has room to grow simply because per capita income is much lower. Per capita productivity has nothing holding back the Chinese from Western standards. Knowledge and information is accessible to all via the internet. It`s a revolution much like the invention of the printing press. It`s easy for the West to criticize Chinese control. But the Chinese are simply controlling animal spirits that have made Western economies stumble in the past.
Unfuckingbelievable But the Chinese government doesn't face the same constraints. It has the power to print an unlimited amount of cash, so in the worst-case scenario it could buy as many shares as it took to reach a target price. And as the last week has shown, there are a number of less drastic — but still heavy-handed — strategies the government can employ to boost share prices.Markets are heavily influenced by expectations, so the mere perception that the government is determined to boost share prices may be sufficient to cause a stock market rally. In this sense, the specific measures the government takes are less important than how it communicates its goals. Continued below http://www.vox.com/2015/7/11/8933341/china-is-destroying-its-stock-market-in-order-to-save-it
No deal is right, I'm sure they will try to run up the stock indexes, biased on a leaked new and better proposal. They will try and spin something positive tonight.
if you bought under dow 17,700 start selling, don't be greedy, the market is up nearly 400 points in a few days, only fools would be going long on a dow 200+ point day hoping for yet another 200+ point day tomorrow, remember there hasn't been a correction in over 1300 DAYS, 1300 DAYSSSSSSSSSSSSS, how much more greedy can you get, without a correction their is more risk going long now a days...
Just another giant gap up, so US traders. Everything happens overnight. Unless you can trade 24 hours a day, we pretty much get sloppy seconds on our shift.
There has been sloppy seconds about 889 times so far considering this has happened for the last 4-5 years.....gap up 100+ points, the only way to capture this move is to buy the night before....now that greece is out of the way and they got the bailout they wanted it should gap up 50-100 points each night this week, should be at new historical highs by mid JULY, dow should close above 18,000 today or tomorrow and in the next week or so be up near 18,500 on all the great earnings that are due out from all the big companies...