Zacks' Voice of the People highlights opportunities with Sina, Baidu, Netease.com and Sohu.com
CHICAGO, March 13, 2012 /PRNewswire/ --Zacks highlights commentary from People and Picks Trader "inthemoneystocks".
For more Voice of the People, visit http://at.zacks.com/?id=5851
Featured Post
Chinese Internet Stocks Signal Trouble
As of Monday afternoon, many of the leading Chinese internet stocks are coming under some distribution. Last night, China reported some economic data that was below analysts' expectations. This tells us that the world's hottest economy could be cooling off. Any slowdown in China could be problematic for the global economy.
Sina Corp (Nasdaq: SINA) is a leading Chinese internet stock that started the session very strong. The stock traded as high as $80.80 a share at the open. This afternoon, SINA is trading lower by $2.51 to $74.89 a share. This is a reversal of nearly $6.00 a share from the intra-day high. If the stock closes at this level it will have formed a bearish outside reversal day on the charts.
The volume is also slightly higher than most of the past trading days and this tells us that the sell-off has institutional conviction. The stock will have very good daily chart support around the $61.00 level. Short term traders can watch for intra-day support around the $73.00, and $70.66 levels.
Other leading Chinese internet stocks that are coming under intra-day selling pressure include Baidu Inc (Nasdaq: BIDU), Netease.com Inc (Nasdaq: NTES) and Sohu.com Inc (Nasdaq: SOHU). These leading Chinese internet stocks should be followed very closely over the next week or so. Further reversal days in the Chinese ADR's could be signal future problems ahead for the Chinese economy.
About the Zacks Community
In 2008, Zacks Investment Research launched PeopleAndPicks.com, a stock-picking website where members of the Zacks community can test their strategies and share ideas with other members. Each user is scored on the accuracy of his or her picks, and top users are rewarded with free products from Zacks. Registration is free. To learn more about People And Picks, visit http://at.zacks.com/?id=5957
Link:
Zacks' Voice of the People highlights opportunities with Sina, Baidu, Netease.com and Sohu.com
- Stocks to Watch: Amazon, Google, FedEx - June 5th, 2012 [June 5th, 2012]
- 3 Stocks to Buy From the World's Greatest Growth Portfolio - June 4th, 2012 [June 4th, 2012]
- Stocks Showing A Lack Of Direction After Friday's Sell-Off - U.S. Commentary - June 4th, 2012 [June 4th, 2012]
- Daily Stocks Highlight for Yum!, Comcast, D.R. Horton, Masco, Huntington Bancshares, and Potash Corp. of Saskatchewan - June 4th, 2012 [June 4th, 2012]
- E-commerce stocks fall in line with broader market - June 4th, 2012 [June 4th, 2012]
- 3 Stocks Set to Soar - May 31st, 2012 [May 31st, 2012]
- Facebook stocks reach new low, close below $30 a share - May 30th, 2012 [May 30th, 2012]
- E-commerce stocks beat the market in an up week on Wall Street - May 30th, 2012 [May 30th, 2012]
- 4 Stocks Shorts Love to Hate - May 30th, 2012 [May 30th, 2012]
- Greek stocks soar on pro-bailout party's poll gain - May 28th, 2012 [May 28th, 2012]
- Markets Live: Stocks rise on Greek hopes - May 28th, 2012 [May 28th, 2012]
- Will Cisco Systems Help You Retire Rich? - May 26th, 2012 [May 26th, 2012]
- 10 dividend stocks for safety-conscious bargain hunters - May 26th, 2012 [May 26th, 2012]
- Stocks rally to erase steep losses - May 25th, 2012 [May 25th, 2012]
- London close: Stocks surge as JPMorgan hints at ECB stimulus - May 25th, 2012 [May 25th, 2012]
- Stocks to Watch: Hewlett-Packard, Pandora, Tiffany - May 25th, 2012 [May 25th, 2012]
- 3 Dividend Stocks That Make Bonds Look Silly - May 25th, 2012 [May 25th, 2012]
- The Case for Stodgy Stocks - May 23rd, 2012 [May 23rd, 2012]
- 5 Stocks Earning Their Keep in China - May 23rd, 2012 [May 23rd, 2012]
- Social Media Stocks Gaining Attention as a Result of Facebook's IPO - May 23rd, 2012 [May 23rd, 2012]
- Stocks rebound on Europe hopes - May 23rd, 2012 [May 23rd, 2012]
- Facebook stocks climb - May 20th, 2012 [May 20th, 2012]
- Stocks: Worst week of the year - May 20th, 2012 [May 20th, 2012]
- Shares of SINA and Renren Spike Despite Reporting Losses - May 20th, 2012 [May 20th, 2012]
- Stocks to Watch: J.C. Penney, Abercrombie & Fitch, General Motors - May 17th, 2012 [May 17th, 2012]
- Dangdang Gains as Yanzhou Coal Discount Widens: China Overnight - May 17th, 2012 [May 17th, 2012]
- Stocks to Watch: Chesapeake, Avon, Yahoo and More - May 15th, 2012 [May 15th, 2012]
- Stocks to Watch: JPMorgan, Yahoo! (Update 1) - May 15th, 2012 [May 15th, 2012]
- E-commerce stocks best the broader market - May 15th, 2012 [May 15th, 2012]
- Renren Leads ADRs Rebound on Facebook IPO Price: China Overnight - May 15th, 2012 [May 15th, 2012]
- US Midday: JP Morgan dives but most stocks up - May 12th, 2012 [May 12th, 2012]
- US STOCKS-Futures imply weak open on Europe fears - May 9th, 2012 [May 9th, 2012]
- US STOCKS-Spanish bank fears push futures lower - May 9th, 2012 [May 9th, 2012]
- US STOCKS-Futures down again on Europe concerns - May 9th, 2012 [May 9th, 2012]
- Stocks to Watch: AOL, Cisco, Disney (Update 1) - May 9th, 2012 [May 9th, 2012]
- Paid Subscribers Are Lifting These Stocks - May 9th, 2012 [May 9th, 2012]
- Money Power: Savings ideas for scared, young investors - May 6th, 2012 [May 6th, 2012]
- 6 Small-Cap Stocks That Look Good Today - May 2nd, 2012 [May 2nd, 2012]
- Do Happier Employees Yield Healthier Stocks? - May 2nd, 2012 [May 2nd, 2012]
- Gaming Stocks Gain For Fourth Straight Month - May 2nd, 2012 [May 2nd, 2012]
- E-commerce stocks outperform the broader market - May 2nd, 2012 [May 2nd, 2012]
- Stocks that pay you back - April 23rd, 2012 [April 23rd, 2012]
- Stocks Remain Sharply Lower In Late Morning Trading - U.S. Commentary - April 23rd, 2012 [April 23rd, 2012]
- 5 Stocks Under $10 Worth Buying - April 23rd, 2012 [April 23rd, 2012]
- STOCKS NEWS MALAYSIA-Maybank raises UMW to buy - April 23rd, 2012 [April 23rd, 2012]
- STOCKS NEWS SINGAPORE-Property shares fall after strong data - April 19th, 2012 [April 19th, 2012]
- Stocks decline after uninspiring earnings - April 19th, 2012 [April 19th, 2012]
- Stocks to Watch: eBay, Qualcomm, Yahoo! - April 19th, 2012 [April 19th, 2012]
- IIJ Completes Acquisition of Exlayer Global Inc. and Established a New Subsidiary IIJ Exlayer Inc. - April 2nd, 2012 [April 2nd, 2012]
- The Top Internet Stocks of 2012 - April 1st, 2012 [April 1st, 2012]
- How To Become A Day Trader - March 31st, 2012 [March 31st, 2012]
- IWO Premarket, 3-28 - Video - March 30th, 2012 [March 30th, 2012]
- Web Stocks Rise on Consumption Boost Prospects: China Overnight - March 28th, 2012 [March 28th, 2012]
- Facebook stocks up on patent artillery - March 27th, 2012 [March 27th, 2012]
- Stocks to Watch: Yahoo!, AOL, Illumina - March 26th, 2012 [March 26th, 2012]
- 3 Stocks Benefiting from the Online Travel Revolution - March 23rd, 2012 [March 23rd, 2012]
- Stocks Rebound in N.Y. on Bank Credit Easing: China Overnight - March 22nd, 2012 [March 22nd, 2012]
- One Direction - March 21st, 2012 [March 21st, 2012]
- Earnings on the Internet Gold Line International - Video - March 21st, 2012 [March 21st, 2012]
- 3 Stocks Near 52-Week Lows Worth Buying - March 21st, 2012 [March 21st, 2012]
- US Stock Market Wrap - Video - March 16th, 2012 [March 16th, 2012]
- S.Africa stocks retreat from two-day gains - March 16th, 2012 [March 16th, 2012]
- Investing in China’s Internet Boom - March 15th, 2012 [March 15th, 2012]
- Zacks' Voice of the People highlights opportunities with Sina, Baidu, Netease.com and Sohu.com - Press Releases - March 14th, 2012 [March 14th, 2012]
- Chinese Internet Stocks Signal Trouble - Voice of the People - March 13th, 2012 [March 13th, 2012]
- Stocks to Watch: Tudou, Youku.com (Update 1) - March 12th, 2012 [March 12th, 2012]
- MagicJack Shares Climb as Economy Pushes Calls to Web: Israel Overnight - March 12th, 2012 [March 12th, 2012]
- Cramer: IAC/InterActiveCorp Is a Buy - March 8th, 2012 [March 8th, 2012]
- China's Growth Targets Slide -- Shares of Sohu and Ctrip Fall - March 8th, 2012 [March 8th, 2012]
- China Cuts Growth Rate -- Shares of Sina and Renren Retreat - March 8th, 2012 [March 8th, 2012]
- Shares of Baidu and Dangdang Slide as China's Growth Prospects Slow - March 8th, 2012 [March 8th, 2012]
- Stocks: Worst day of 2012 - March 7th, 2012 [March 7th, 2012]
- Stocks set to fall on Greece, economy fears - March 7th, 2012 [March 7th, 2012]
- How to Invest | How to Invest In Stocks Market | How to Diversify Investment - Video - March 6th, 2012 [March 6th, 2012]
- US stocks end in red on global growth worries - March 5th, 2012 [March 5th, 2012]
- Are These Internet Stocks Overhyped? - March 5th, 2012 [March 5th, 2012]
- Stocks to Watch: Shutterfly, Zynga, Ascena Retail Group and More - March 2nd, 2012 [March 2nd, 2012]
- Stocks to Watch: Shutterfly, Zynga (Update 1) - March 2nd, 2012 [March 2nd, 2012]
- Stocks to Watch: Shutterfly, Zynga - March 2nd, 2012 [March 2nd, 2012]
- Stocks finish off best February in 14 years - March 1st, 2012 [March 1st, 2012]