China ETF (FXI) and Equities Are Bottoming: Time To Buy The Dip
The iShares China ETF (NYSEARCA: FXI) may be bottoming and should offer good risk/reward for traders here.
The iShares China ETF (NYSEARCA: FXI) may be bottoming and should offer good risk/reward for traders here.
Synchrony Financial (SYF) traded on unusually high volume on Nov. 02, as the stock lost 9.58% to close at $26.43. On the day, Synchrony Financial saw 18.84 million shares trade hands on 81,305 trades. Considering that the stock averages only a daily volume of 5.3 million shares a day over the last month, this represents a pretty significant bump in volume over the norm.
Gartner Inc. (IT) traded on unusually high volume on Nov. 02, as the stock gained 0.11% to close at $142.03. On the day, Gartner Inc. saw 1.24 million shares trade hands on 13,403 trades. Considering that the stock averages only a daily volume of 825,112 shares a day over the last month, this represents a pretty significant bump in volume over the norm.
Kellogg Company (K) traded on unusually high volume on Nov. 02, as the stock lost 1.56% to close at $63.00. On the day, Kellogg Company saw 4.8 million shares trade hands on 35,358 trades. Considering that the stock averages only a daily volume of 2.3 million shares a day over the last month, this represents a pretty significant bump in volume over the norm.
An anemic Wall Street remains gold’s best hopes for a rally toward $1,300, although heightened trade war rhetoric and a potential Democratic victory in the U.S. midterm elections could also be drivers for the yellow metal, which on Friday posted a fifth-straight week of gains.
NEW YORK – Robust corporate results helped world stock markets surge on Wednesday, bringing some relief to jittery investors after a brutal October sank equities with one of their worst drops since the financial crisis 10 years ago.
Trecora Resources (TREC) had a rough trading day for Thursday November 01 as shares tumbled 9.54%, or a loss of $-1.03 per share, to close at $9.77. After opening the day at $10.68, shares of Trecora Resources traded as high as $10.68 and as low as $9.74. Volume was 70,571 shares over 567 trades, against an average daily volume of 31,313 shares and a total float of 24.49 million.
LG Uplus’ third-quarter earnings were stronger than expected, said Mirae Asset Daewoo on Nov. 2 maintaining a “buy” recommendation and 21,500 won (US$19.06) target price.
As volatility rocks markets, is it still a good time to invest in US stocks or time to take profits and run?
Equity markets in the EU surged more than 1.0% on strength in earnings. Equities around the world continue to rebound in Wednesday trading despite signs of slowing growth in China. Shares of General Motors surged nearly 10% on its blowout earnings report.