Dollar Surge Further Aggravates Equity Markets
Support levels have meant little more than talking points as indexes are slicing through them like butter. The truth remains that no one knows how...
594 Views
ACWI Below Our Line In The Sand: Further Weakness Expected
With the MSCI ACWI (ACWI-US) breaking below our $70 “line in the sand” support level we highlighted last week, we believe additional downside is...
508 Views
S&P 500: Long-Term Oversold
Major indexes broke below the key support levels we were watching on the Nasdaq Composite (8,264), S&P 500 (2,855), DJI (24,681) and Russell...
468 Views
New Oriental (EDU): Reduced Growth Estimate by 10 PP as Epidemic Blocks Students from Going Abroad
EDU reduced its revenues estimate for 3Q2020 (ended February 29) by 10 percentage points. We believe EDU will release 3Q2020 result in the second...
483 Views
TAL Education (TAL): Revenue Warning, Advantage of Extended Vacation Disappeared for Four Reasons
TAL reduced its estimate for the 4Q2020 revenue growth by 3 percentage points. We think there are four negative factors contributing to the...
471 Views