One of the things we frequently see with penny stocks is the "sympathy" trade. This usually involves 1 bellwether stock attracting the interest of day traders. Once that stock becomes "too hot" or reaches levels seen as "too high," retail traders tend to look for other stocks with similar traits.
Major benchmark indices closed lower in Thursday's session after an emphatic rally in the previous day. Todays' market actions were led by the falls in bank names...
Global signals were also supported, with the Brexit deal which led to some rally in global stocks such as Tata Motors, Motherson Sumi Systems, Tata Steel. FPI buying was in progress with US-China trade talks along with Brexit deal.
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Hundreds of fast-food restaurant workers in New York City turned out for protests on Thursday in what organizers said would be their largest rally yet for better pay.
China stocks followed wide swings in the U.S. market, dropping significantly on Thursday. One analyst thinks Wall Street's downturn will last, and drag Hong Kong down with it.
Hong Kong opened 65 points lower after local U.S.-listed stocks dropped Friday but ended up 104 in light turnover, aided by debt-strapped Greece's agreement to an austerity plan.
China stocks and Hong Kong blue chips opened higher and added further gains as overseas money chased heavyweight stocks, including some that will announce results in the next three weeks.
Money and emotions don't mix, especially when investing in the market. Here are a few tips to stay disciplined and calm when in the face of financial uncertainty.
Weighed down by concerns about the slowing Chinese economy, Hong Kong struggled before posting slight gains when Mainland stocks rebounded from early losses.
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Retailers reported record numbers for sales and shoppers over the Thanksgiving Weekend, with the all-important Black Friday showing strong sales online and in person.
China stocks in Hng Kong fell sharply after the European Central Bank failed to expand its sovereign debt purchase plan, despite encouraging news of large drop in Chinese inflation.
Better than expected economic sentiment numbers in Germany is credited for increased risk appetite, and investors are anticipating the Fed's announcement on monetary policy.