SSE came down strongly 35% and bound back up to 23% from the it top. That was what I also means by how it went up, how it come down. A steep up side and a steep down side that took place on China market. Political involvement, non-mature investors.........all lead to the fast track roller coaster ride on the China market.
Almost half of the stocks are freeze from trading. Those who hold more than 5% of the company shares are not allow to sell their stock over the next 6 months. The new rules took effect. It stopped the indices from falling? So is China market really to go for another bull charge?
I prefer China market to have some consolidation over here instead of another steep up side. Why? http://achua138.blogspot.sg/2015/06/second-half-shanghai-market.html At the same time, look up when and how the freeze counters are release.....and the 5% share holders are able to..........
Greece referendum, 61% of the voters voted "No". They rejected the creditor proposal debt settlement plan. But now, Greece PM Alexis Tsipias seems to accept the creditors pension plan........and now they asked for €53.5bn from the creditors. Things are not going to be easy. EU is not about German. It have France, Finland............ The referendum, then the result of "No" and now accepted most of the creditors proposal plan with additional counter proposal plan and asking for a higher third bailout........it is not so simple about promised, it is about "trust". What will happen if....and what will happen if....... Most of the people is looking at the positive side. But as a trader, I should be on guard. Everything goes smooth, market will go up. But if things go wrong especially Greece is force to exit euro zone, market will react.
Knowing who and respect the big brother. Yes, the US. Federal Reserve chairwoman Janet Yellen has repeated her view on Friday that the central bank is likely to start raising interest rates this year. I will be monitoring this carefully. How and what Fed does before the announcement of rate increase take place. And how the market respond before physical announcement / actual rate rise. Take note on this - this year the Asia and Europe markets have gone into a correction but the US yet.
Almost half of the stocks are freeze from trading. Those who hold more than 5% of the company shares are not allow to sell their stock over the next 6 months. The new rules took effect. It stopped the indices from falling? So is China market really to go for another bull charge?
I prefer China market to have some consolidation over here instead of another steep up side. Why? http://achua138.blogspot.sg/2015/06/second-half-shanghai-market.html At the same time, look up when and how the freeze counters are release.....and the 5% share holders are able to..........
Greece referendum, 61% of the voters voted "No". They rejected the creditor proposal debt settlement plan. But now, Greece PM Alexis Tsipias seems to accept the creditors pension plan........and now they asked for €53.5bn from the creditors. Things are not going to be easy. EU is not about German. It have France, Finland............ The referendum, then the result of "No" and now accepted most of the creditors proposal plan with additional counter proposal plan and asking for a higher third bailout........it is not so simple about promised, it is about "trust". What will happen if....and what will happen if....... Most of the people is looking at the positive side. But as a trader, I should be on guard. Everything goes smooth, market will go up. But if things go wrong especially Greece is force to exit euro zone, market will react.
Knowing who and respect the big brother. Yes, the US. Federal Reserve chairwoman Janet Yellen has repeated her view on Friday that the central bank is likely to start raising interest rates this year. I will be monitoring this carefully. How and what Fed does before the announcement of rate increase take place. And how the market respond before physical announcement / actual rate rise. Take note on this - this year the Asia and Europe markets have gone into a correction but the US yet.
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