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Sumit Batra

Sumit Batra
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  • The Nasdaq 100 appears headed for yet another test of resistance, and J.C. Parets believes it's headed for a "monster breakout" on the premise that the likelihood of a resistance level ultimately breaking rises the more times it is tested. The index is set up for a big move, and his charts say some of the major components - Apple notwithstanding - confirm it.  [View news story]
    Great. I am waiting for breakout and will dump to momentum traders. They can keep the big move
    Nov 11 02:00 PM | Likes Like |Link to Comment
  • Shares of Yongye International (YONG) move 11.6% higher premarket after the firm reports a 96% Y/Y jump in Q3 revenue to $141M. The company says its crop nutrient products are picking up traction in newly developed provincial markets in China, as it lifts its FY11 revenue estimate to $390M-$400M from prior guidance of $335M-$345M.  [View news story]
    investor
    Nov 9 09:27 AM | Likes Like |Link to Comment
  • Shares of Yongye International (YONG) move 11.6% higher premarket after the firm reports a 96% Y/Y jump in Q3 revenue to $141M. The company says its crop nutrient products are picking up traction in newly developed provincial markets in China, as it lifts its FY11 revenue estimate to $390M-$400M from prior guidance of $335M-$345M.  [View news story]
    auditor are ching chong firm. The are specialist in reverse accounting
    Nov 9 09:26 AM | Likes Like |Link to Comment
  • A new study suggests that the impact of trading with China could be worse for the U.S. economy than previously thought. The traditional view that trade is ultimately good for the economy isn't the problem; it's the speed at which China has surged as an exporter, overwhelming the normal process of adaptation. Also: states losing the most jobs to China.  [View news story]
    Even a blind person knows that
    Sep 27 11:03 AM | Likes Like |Link to Comment
  • The road in China gets bumpy for General Motors (GM), which will hold its board meeting in Shanghai next week. One recent example: GM would like to bring its Volt electric car into China, but CEO Dan Akerson says he refuses to share electric car technology in exchange for hefty consumer rebates from the Chinese government.  [View news story]
    bush was dumb and Obama is dumber. Let see, who join them in 2012
    Sep 16 11:34 AM | Likes Like |Link to Comment
  • The road in China gets bumpy for General Motors (GM), which will hold its board meeting in Shanghai next week. One recent example: GM would like to bring its Volt electric car into China, but CEO Dan Akerson says he refuses to share electric car technology in exchange for hefty consumer rebates from the Chinese government.  [View news story]
    China just want technology and than dump GM? China is ready to dump america. When our politicians will wake up?
    Sep 16 10:48 AM | Likes Like |Link to Comment
  • If China does help Europe with its financial woes (I, II, III), the assistance is likely to come at a price. The Middle Kingdom may insist the EU classify it as a "market economy," which could make it virtually impossible for the EU to impose tariffs on Chinese goods whose prices are deemed to be artificially low.  [View news story]
    Chinese needs jobs of all the world, money and women will follow that
    Sep 14 07:00 PM | Likes Like |Link to Comment
  • Bill Luby reminds ETF investors that following today's close, Barclays will implement a one-for-four reverse split of its iPath VIX Short-Term Futures ETN (VXX). Shares closed at $11.30 today. Critics argue contango in futures contracts has led to a poor long-term tracking experience, leaving VXX down 67% in 2010.  [View news story]
    can't find skilled workers in USA for $1 a day ( Chinese wage).


    That's a statement
    Sep 12 10:30 AM | Likes Like |Link to Comment
  • Caterpillar's (CAT) CEO says the company struggles to find quality workers, a slap in the face to the ranks of the nation's unemployed. He indicates the manufacturing base in the U.S is getting hurt by the lack of qualified hourly production people, and places the blame squarely on the education system.  [View news story]
    NO Manufacturing in USA means that it will harder to find Quality workers. By taking the manufacturing outside the USA , we have killed the skill of the whole generation. Stop blaming education system, this education system we have for last 50 years. Good excuse to outsource from USA
    Sep 12 09:17 AM | 3 Likes Like |Link to Comment
  • Martha Stewart Living Omnimedia (MSO +21.2%) shares jump after announcing that Blackstone has been retained to explore strategic partnership opportunities. The company also announces that Lisa Gersh will become President and COO next month. (PR)  [View news story]
    kli
    May 25 09:44 AM | Likes Like |Link to Comment
  • Massey Energy (MEE +2.2%) rejects virtually all of the U.S. government's findings on the causes of last April's fatal mine explosion that killed 29 men in West Virginia. Massey insists that there was a sudden inundation of natural gases that overwhelmed good air flow and other controls that should have contained the blast.  [View news story]
    with money, you are above the law
    Jan 28 03:31 PM | Likes Like |Link to Comment
  • Chinese urban residents are more likely to buy branded products, dine out, replace their TV, or buy a new car than their American counterparts. A survey shows that China's glide through the GFC and relentlessly rising incomes are eroding the image of the ultra-frugal consumer.  [View news story]
    Major reversal . Chinese will be driving cars and Americans will be riding bicycles
    Jan 21 02:11 PM | Likes Like |Link to Comment
  • Why Warren Buffett is optimistic about the future of the U.S.: "We didn’t work harder [than other nations], we didn’t have a better climate, and we didn’t have better resources. But we definitely had a system that unleashes potential... We’ve been through at least 15 recessions, a civil war, a Great Depression... But this country has optimized human potential, and it’s not over yet."  [View news story]
    A corrupt trading partner China was not there, when USA rose
    Jan 5 09:55 AM | 4 Likes Like |Link to Comment
  • Boeing (BA) and Airbus (EADSY.PK) are about to get some competition, at least if China has its way. China expects 'hundreds' of orders to be placed for its C919 jet at this week's Zhuhai Air Show. The aircraft makers are competing for China's domestic market, which Boeing believes could be worth $480B over the next two decades.  [View news story]
    China will dump USA soon
    Nov 16 12:17 PM | Likes Like |Link to Comment
  • Deflation is "a huge danger" for the U.S., President Obama said at a post-G20 press conference this morning. Obama insisted the Fed's recent decision to resume QE was not designed to weaken the dollar, but rather to "grow the economy." Protestations notwithstanding, observers say the Fed is no longer seen by central bankers as independent.  [View news story]
    true, everybody will benefit temporary, but when bubble burst eventually, they will be poor
    Nov 12 10:46 AM | 1 Like Like |Link to Comment
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