daytrades july 4 afternoon, page-140

SSE jumps and Buffett hasnt lost his touch - article follows

dow green - tick

sse green - tick

carbon tax still a drag


will see by weeks end if dow stays green

expect a retest tomorrow night


also gold and silver up so far tonight and quite a few have eye on there

slr was good to $2


http://www.reuters.com/article/2011/07/04/markets-hongkong-china-stocks-update-idUSL3E7I40AF20110704

HK, China shares jump on robust volumes
Related TopicsCyclical Consumer Goods ?
Financials ?
Mon Jul 4, 2011 5:33am EDT

(Updates to close)

* Hang Seng rises 1.7 pct, Shanghai up 1.9 pct

* U.S. macro fund seen buying China banks: trader

* Large cap energy and financial plays boost Shanghai

* Buffett-backed BYD tops outperforming autos

By Vikram Subhedar and Clement Tan

HONG KONG, July 4 (Reuters) - Hong Kong and China shares moved above their 250-day moving averages in robust turnover on Monday, on anticipation that reduced inflation pressures in the Chinese economy and favourable earnings could sustain a rally that began last week.

Optimism that authorities in China would let up on monetary tightening as economic growth moderates and as inflation peaks --coupled with projected strong corporate earnings



"Auto stocks rallied in both Hong Kong and China markets, led by Warren Buffet-backed BYD Co which jumped 10.1 percent tracking the blistering performance of its Shenzen-listed A-shares which closed limit-up and are up 71 percent from their listing price of 18 yuan a share"
HK, China shares jump on robust volumes
Mon Jul 4, 2011 5:33am EDT

(Updates to close)

* Hang Seng rises 1.7 pct, Shanghai up 1.9 pct

* U.S. macro fund seen buying China banks: trader

* Large cap energy and financial plays boost Shanghai

* Buffett-backed BYD tops outperforming autos

HONG KONG, July 4 (Reuters) - Hong Kong and China shares moved above their 250-day moving averages in robust turnover on Monday, on anticipation that reduced inflation pressures in the Chinese economy and favourable earnings could sustain a rally that began last week.

Optimism that authorities in China would let up on monetary tightening as economic growth moderates and as inflation peaks --coupled with projected strong corporate earnings.."