Republicans and Democrats Align with President Trump’s Hard Line on Chinese Stocks

Republicans and Democrats Align with President Trump’s Hard Line on Chinese Stocks

#PresidentTrump #Republicans #Democrats #Chinese #stocks $BABA $PDD $PTR Friday, President Trump signed legislation that will kick Chinese companies off US stock exchanges unless they adhere to American auditing standards. The Holding Foreign Companies Accountable Act (The Act) bars securities of foreign companies from being listed on any US exchange if they have failed to comply with the US […]

Thursday’s Technical Outlook for DJIA (.DJI)

Thursday’s Technical Outlook for DJIA (.DJI)

Thursday’s Technical Outlook for DJIA (.DJI) $DIA, $DJI Wednesday, US stocks rallied on the back of Crude Oil’s strength, with the DJIA adding 145 pts to close at 17,851.51. The NAS Comp advanced 33 pts to end at 4,894.89, and the S&P added 0.70% to 2,090.54. Risk appetite on dominated markets from the start of […]

SEC Accounting Scrutiny Could End Bull Market

SEC Accounting Scrutiny Could End Bull Market

SEC Accounting Scrutiny Could End Bull Market $DIA, $SPY, $QQQ, $VXX The SEC appears to be ready to put a end to aggressive accounting methods. The US Securities and Exchange Commission is finally setting out to put a stop to the accounting methods that artificially inflates profits. According to media reports, the SEC is getting […]

SEC Cracking Down on Misleading “Shocking” Corporate Accounting

SEC Cracking Down on Misleading “Shocking” Corporate Accounting

SEC Cracking Down on Misleading “Shocking” Corporate Accounting $DIA, $SPY, $QQQ, $VXX SEC’s chief accountant for corporate sending message to companies that aggressively engage in misleading adjusted earnings measures. Mark Kronforst, chief accountant of the SEC’s corporation finance division, warned that the SEC is sending a message to companies that excessively engage in misleading accounting. […]