China’s state media talks up stock market as most accurate strategist says it’s not time to buy

as mentioned in With the undertone to arrest further declines, China Securities Journal and three other major securities newspapers have also drawn on data and facts – battered valuations of China's stocks, corporate earnings growth and executives' increased stock buy-backs in the secondary market, to shore up the market. "The markets are signalling characteristics of a bottoming out," the Shanghai Securities News said in an article on Tuesday. The decline has taken the gauge down by 17 per cent this year, making it the worst performer among the world's major stock markets. "It is still too early to catch falling knives, as there will be further selling for structural liquidity reasons, from anywhere," he said. "At times like these, technical rebounds will be fleeting, and investors should hold out for better entry points later."

'Godfather' of chart analysis says stock market now dealing with 'uglier action'

Move over, Hyperloop pods, here come the new blimpsHow will investors know if there's a full-blown trade war? Here's what Wall Street saysThe 21st Century has not been the American CenturyHarvard University is fighting to keep its secretive admissions process under wrapsMarket Extra'Godfather' of chart analysis says stock market now dealing with 'uglier action'Acampora says emerging-market stocks have been flashing redProminent market technician Ralph Acampora is growing increasingly concerned about recent moves in the stock market, notably in the Dow Jones Industrial Average. take a look at Caterpillar as an example…The Dow Industrial broke a near-term support yesterday—this is getting uglier action" he said. On Monday, technology and internet-related stocks took as market participants wrestled with a series of conflicting messages by Trump administration officials. 'On Friday, stocks bounced, with the Dow, S&P 500 index SPX-0.49% and Nasdaq all closing slightly higher.

Something lurking out there maybe the North Korea summit will upset the stock market says Blackstones Wien

As it stated in Here's what Wall Street saysThe Tell'Something lurking out there' — maybe the North Korea summit — will upset the stock market, says Blackstone's WienNorth Korea summit between Washington and Pyongyang could be the spark, says WienBlackstone's Byron Wien says investors enjoying a recent rally in the stock market shouldn't get too comfortable, even if the Wall Street veteran is optimistic about the domestic economy over the next two or three years. "My feeling is that there's something lurking out there, Carl, that is going to upset the market and it's probably a geopolitical event. Maybe the upcoming North Korea summit," Wien said during a CNBC interview with anchor Carl Quintanilla Thursday morning. Wien, a vice chairman of Blackstone Group L.P.'s BX+3.29% private wealth group, thinks that investors shouldn't get too complacent about the possibility of a return to jittery markets that have characterized the recent market regime after the VIX's surge. Meanwhile, there will be plenty to knock the stock market around, including — as Wien mentioned — President Donald Trump's planned gathering with North Korean leader Kim Jong Un in coming days.

collected by :Molly Tony