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I think today is just a pause in the China-coronavirus selling; I’m selling China Southern Airlines out of my 50 Stocks Portfolio today on the bounce.

I think today is just a pause in the China-coronavirus selling; I’m selling China Southern Airlines out of my 50 Stocks Portfolio today on the bounce.

Airline stocks have been among the hardest hit equities in the coronavirus selling. As the biggest airline in China and indeed in all of Asia China Southern Airlines (ZNH) has sold off especially quickly. The New York traded ADRs sold at $35.41 on January 14 and were...
Market rides energy shares higher

Market rides energy shares higher

This morning the U.S. Energy Information Administration surprised the markets with the report of a bigger than expected decline in oil stockpiles. Crude inventories fell by 10 million barrels for the week ended August 16. The prior week showed a drawdown of 2.7...