Joe Weisenthal
May. 17, 2010, 4:38 AM
China is just getting rocked these days. It was clearly the big loser overnight, dropping over 5%.
Notice it finished right at the lows of the day.
[snip]
Posted on 05/17/2010 5:44:01 AM PDT by blam
Markets Around The World Stage Big Turnaround -- Europe Now Surging
Joe Weisenthal
May. 17, 2010, 6:46 AM
In the last hour or so, world markets have staged an impressive turnaround, following last night's spasms, and the big losses in Asia.
Europe is solidly higher. The FTSE in the UK is up nearly 1%. In France, the CAC-40 is up .6%. US futures are up. Oil is back up. Gold is down.
Here's how things were looking a few hours ago.
Should be a wild day.
[snip]
(Excerpt) Read more at businessinsider.com ...
Pbhttt... let’s see where stuff closes today. We’re loooooooving the volatility.
So bailouts work? When is the next crash?
Ride the wave until you can afford to jump out, and then hit the silk.
Joe Weisenthal
May. 17, 2010, 4:38 AM
China is just getting rocked these days. It was clearly the big loser overnight, dropping over 5%.
Notice it finished right at the lows of the day.
[snip]
the orchestra on the deck of the Titanic is playing another opus?
INTERNATIONAL MARKETS | See all International Data 9:09 a.m. EDT 05/17/10Major World Indexes(Roll over for charts)
Last Change % Chg
Global Dow 1839.73 -12.50 -0.67
DJ Global Total Stock Market 2244.45 -16.24 -0.72
DJ Global exUS TSM 1864.86 -23.82 -1.26
DJ Asia-Pacific TSM 1189.96 -33.02 -2.70
Japan: Nikkei Average* 10235.76 -226.75 -2.17
Hong Kong: Hang Seng* 19715.20 -430.23 -2.14
Stoxx Europe 50 2441.71 20.28 0.84
Germany: DAX 6113.34 56.63 0.93
UK: FTSE 100 5307.77 44.92 0.85
DJ Americas TSM 3022.91 -1.77 -0.06
Brazil: Bovespa* 63412.47 -1375.75 -2.12
Canada: S&P/TSX* 12014.97 -101.62 -0.84
* at close
Sometimes you got to know when to get off a sinking ship.
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