• 758 days Will The ECB Continue To Hike Rates?
  • 758 days Forbes: Aramco Remains Largest Company In The Middle East
  • 760 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,160 days Could Crypto Overtake Traditional Investment?
  • 1,164 days Americans Still Quitting Jobs At Record Pace
  • 1,166 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,169 days Is The Dollar Too Strong?
  • 1,170 days Big Tech Disappoints Investors on Earnings Calls
  • 1,171 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,172 days China Is Quietly Trying To Distance Itself From Russia
  • 1,173 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,177 days Crypto Investors Won Big In 2021
  • 1,177 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,178 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,180 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,180 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,184 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,184 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,185 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,187 days Are NFTs About To Take Over Gaming?
How The Ultra-Wealthy Are Using Art To Dodge Taxes

How The Ultra-Wealthy Are Using Art To Dodge Taxes

More freeports open around the…

Is The Bull Market On Its Last Legs?

Is The Bull Market On Its Last Legs?

This aging bull market may…

readtheticker

readtheticker

readtheticker

We are financial market enthusiasts using methods expressed by the Gann, Hurst and Wyckoff with a few of our own proprietary tools. Readtheticker.com provides online…

Contact Author

  1. Home
  2. Markets
  3. Other

Stock Index - China vs USA

Correlation is not causation. However when trillions are wiped out in the Chinese stock market sell off one wonders if it has international effects. Some would worry a little.

Leverage in markets is a funny thing, losses elsewhere tend to bring losses closer to home. The SSEC has fallen 50% rather quickly and the Chinese Govt is threatening BUYERS that the cant sell. Question: Who wants to put new money into a market when you get your name put into a Govt black book when you want to sell? No one who is sane! It takes NEW money to get NEW highs. So unless the POBC is going to provide all the NEW money then the SSEC is very unlikely to do well, of course stranger things have happened. ha!


Larger Image

Other market warnings have been posted by readtheticker.com blog: Market internals stink, NYSE margin divergence to price, Handsome gains in NYSE index may be over

 

Back to homepage

Leave a comment

Leave a comment