How the Six-Day China Rally Stacks Up to Other Major Market Events* Fueled by aggressive economic stimulus package, an amazing run-up occurred in China equities ahead of PRC National Day. The streak continued when the market reopened after a one-week break. On October 8th, 4,976 stocks opened up by 9% or more; only 5 stocks opened down. All in all, benchmark index CSI300 posted a 32% gain in SIX trading DAYs. The amount of time taken for the US market to rebound 3...
10baggerbamm
102329055
:
are you kidding me I got news for you if China does not stimulate again the economy in a very big way Monday you're going to lose BIG%, it's going to be a gap down before you can even get out. if they do this monster gargantuan stimulus that's was supposedly going to happen on Monday if they do that on Saturday then it's an enormous Gap up on Monday morning it won't be as high as the last leg up the first time and that's because the first time you had huge shorts in the marketplace but you will see about a 50% retracement of what the former high was to the recent sell off the lows this week
Despite a drop in share price, Baowu Magnesium Technology's P/E remains high, possibly due to confidence in future earnings. However, 9 warning signs, including 2 significant ones, should alert investors.
Despite a rise in capital and decrease in liabilities, Baowu Magnesium Technology's ROCE is on a downward trend. However, its shares rose by 184%, signalling misplaced investor optimism amid unimproved underlying factors.
Analysts foresee a downturn in Baowu Magnesium Technology's business conditions, with shareholders exercising caution. While the firm is projected to outperform the broader market in revenue, declining profit margins raise concerns.
$Western Mining (601168.SH)$$Baowu Magnesium Technology (002182.SZ)$Today, magnesium spot unexpectedly continued to rise 7%, too powerful, nearly doubled in recent months, Cloud sea metal is the leading, western mining industry under the western magnesium industry is salt lake magnesium leading, listed companies are only two of them, afternoon estimates to buy low, just today the market pull hip, otherwise really no good to buy.
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102329055 : Do people still care what's going to be announce this Saturday?
Thelord 102329055 : Sure announce useless things and Monday gonna dump very hard again
102329055 Thelord : Can they afford to say useless stuff?
10baggerbamm 102329055 : are you kidding me I got news for you if China does not stimulate again the economy in a very big way Monday you're going to lose BIG%, it's going to be a gap down before you can even get out. if they do this monster gargantuan stimulus that's was supposedly going to happen on Monday if they do that on Saturday then it's an enormous Gap up on Monday morning it won't be as high as the last leg up the first time and that's because the first time you had huge shorts in the marketplace but you will see about a 50% retracement of what the former high was to the recent sell off the lows this week
Thelord 102329055 : They never fail to shoot at their own feet
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