Saturday, November 7, 2015

Random rants

* As Einstein said, relatively jobs have been improved. However, the job picture has been made too rosy: little improved median salary, uncounted, unqualified unemployed folks, counting twice folks seeking two (or more) jobs... Good economy would trigger the Fed to increase the interest rate and that would damage the stock market. Good news for the economy and bad news for the stock market.

* China's stock market has an up and down year. Trailing stops work. Shenzhen is similar to the silicon valley (without the silicon ladies). If you bought all IPOs and sold them in a week, your loots would be more than you can handle - 10-fold returns are quite common. It fluctuates far more than the general market. Today is the time to count your loots with your hands dripping with greed and not pressing the Buy button.

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