Monthly Archives: October 2010

Market Watch – 10/31/2010

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Why 21st Century is China’s Century

By Hui Zhong China in 2010 is the United States in 1910 while the U.S. in 2010 is the Great Britain in 1910.  China led the world in its civilization in most time of  the past 2000 years.  And the … Continue reading

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The AAII Bull Bear Spread Reaches 44 Months High

The AAII bull bear spread reached 29.6% on October 28, the highest that has been recorded since 2/22/07 when the spread topped at 31.5%.  The following graph shows the AAII weekly bull bear spread and its 8-week moving average. From … Continue reading

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Market Watch – 10/29/2010

The Q3 GDP comes as better than what I projected.  But there are scheduled revisions down the road.  We may have the last push to reach the top early next week with a double top pattern.  I anticipate to see bull will … Continue reading

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China Wrests Supercomputer Title From U.S.

New York Times By ASHLEE VANCE Published: October 28, 2010 A Chinese scientific research center has built the fastest supercomputer ever made, replacing the United States as maker of the swiftest machine, and giving China bragging rights as a technology … Continue reading

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What Does the Drop of Unemployment Claims Tell Us?

Last week, the weekly Unemployment claims drop sharply to 434K.  But I don’t think it suggests US economy is accelerating because the unemployment condition lags the economy.  In another word, it just reflects the economy conditions in the last few months.  … Continue reading

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What Do I Expect From the BEA Q3 GDP Report?

On October 29, BEA will report its Q3 GDP results of the U.S.  It is widely speculated that Q3 GDP should grow at 2.0% rate.  But the direct reading from the CMI weighted index points to a contraction of 2.0%.  Using the … Continue reading

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