Economic Woes Fail to Put a Dent in China Precision Steel, Inc. (CPSL) Purchase Orders
China Precision Steel manufactures and markets high precision cold-rolled steel products in China for a wide variety of applications, including automobile parts, steel roofing, plane friction discs, appliances, food packaging, saw blades, containers and more. The company today announced it has strengthened its presence in China and Africa, reflected by an increase in order from the regions.
Still in wacky, neutral, 'whipsawing like crazy' consolidation! Volume remains extremely weak and has declined since the start of the triangle. It is still tough to say which way we will breakout, but right now, it still remains 50/50. Here are the 1-day, 3-day, and 5-day charts for the DJIA and NASDAQ.
Over the past few weeks, if you had been glued to news reports from the “mainstream media”, you would be excused if you held the view that the U.S. was on the brink of a second Great Depression. However, while the economy faces difficult quarters ahead, there are significant reasons why it is inaccurate to call this a looming depression.
China Natural Gas Inc. (CHNG.OB) Sees Tax Incentives and Exclusive Distribution Rights Boosting Revenues
China Natural Gas Inc., a natural gas retailer operating in Central China, offers retail compressed natural gas (CNG) and piped natural gas to consumers and businesses located in and around central Guangzhou Province. The company is considered the “tip of the sword” in China’s plan to address environmental concerns with CNG and piped natural gas in the region.
Which Political Party's Presidency is BEST for Stocks? The Answer Will Shock You!
As a follow up to one of my post last week on evaluating management using ROE, this post will touch on an additional management evaluation tool. In addition to evaluating the company's ROE, investors should review the company's shareholder letter that accompanies the firm's annual report.
One market indicator that has been getting a lot of attention lately is the VIX Index (VIX). The VIX has been in the news lately since the Index has been hitting all time high levels, reaching over 81 on Thursday. The importance of the VIX has to do with the fact it is a measure investor fear looking forward over the subsequent 30 day period.
We are consolidating in a symmetrical triangle, meaning, we aren't going anywhere for a a few days. This pattern has a 50/50 chance of both breakout of breakdown which is the reason why I'm staying in cash at least for now. Today was interesting however. The materials/industrials sectors displayed strength and formed double bottoms, but hit major resistance at their prior short-term highs.
One segment of economic information that I find important to review on a regular basis is data on the small business segment of the economy. Small business represents roughly 99.7% of all employer firms and 80% of all new jobs in the U.S so the health of this segment is important to future economic growth.
These are really difficult times.
Useless to say that I am losing money. In the past 2 weeks I saw my portfolio plunging at such a speed!
I bought something during the panic days, may be too early. I sold a few days later for a small profit. I bought again this morning.
Zi Corp. (ZICA) Announces Agreements to Strengthen Presence in Asian Mobile Market
The cell phone is the must-have accessory of our time. These small hand-held devices act as road-trip navigators, online shopping assistants, yellow pages, bank tellers, advertisers and more. Zi Corporation (Nasdaq: ZICA) uses them to operate as a leading provider of mobile search, text input and advertising. For more than 10 years, Zi Corp.