The US Stocks market is expected to open lower today because of the late sell-off at the close yesterday, as well as the global recession. Traders and investors are not in the mode of buying anything in a big way cause the stock market to cut the earlier gain yesterday. I expect this pattern to continue until we can see a better environment for investments.
Up Stocks:
(HRBN) - Chinese company is proposed to go private at $24. A gimmick for them to get out?
Not many stocks that are up today.
Down Stocks:
(NFLX) - expect to trade below $100 very soon. It is broken to the downside.
(SINA), (SOHU), (BIDU) - Chinese companies on accounting issues probed by DOJ. Chinese stocks should be avoided now. See my previous posts.
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