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China Central Economic Work Conference: A Key Indicator for Future Market Trends
Tonight, Chinese concepts soared! The nasdaq Golden Dragon index surged by 10%, while fangdd network doubled directly.
Some analysis indicates that the Political Bureau meeting first mentioned stabilizing the stock and real estate markets, and the US stock market quickly rallied on china assets. The 3x Long FTSE china etf surged over 26%, the 2x Long china internet plus-related stocks rose over 22%, the 2x Long FTSE china 50 ETF increased over 17%, and the 2x Long 300etf gained nearly 15%.
China Will Adopt a "Moderately Accommodative" Monetary Policy in the Next Year, The First Shift to Easing Since 2011
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Golden Heaven | 6-K: Report of foreign private issuer (related to financial reporting)
Top Midday Decliners
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Mcsnacks H Tupack OP : Going to add $SOS Ltd (SOS.US)$ since it's found support at 7.13 and will make a run at 56.00 this week.
Lnova : yes, and, always disappointing to see buy alerts sponsored by the stock’s company
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. Amongst other things.
Lnova : $Signing Day Sports (SGN.US)$
Mcsnacks H Tupack OP Lnova : Yea that's what I got Friday at 3.88. Since any kind of volume will gap it up quick. I'm leaning toward getting mostly $SOS Ltd (SOS.US)$ on Monday since it didn't pull back on anything bad. And it has made big moves up everyday before falling all the way back down.
Mcsnacks H Tupack OP Lnova : I saw a video where someone was explaining penny stocks as being actual stocks for pennies. And that they didn't have to file with the SEC if they didn't want to. I don't think he said anything remotely right in the video and it had hundreds of thousands of views.
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