Welcome to Stock Trading Signals

Daily Top Stocks Pick Alert

Hottest Stocks in 2015- ANAC- ZIOP -ADXS- EXEL
Hottest Penny Stocks in 2015 - CTRV -HLTH-FRO
Stocks Pick in 2015 - AAPL - BAC - ANR - X
Hottest Stocks in 2014- AVNR- AGIO -ACH- VDSI
Hottest Penny Stocks in 2014 - JOB -PLUG-QTM
My Daily Trading Activities - Membership Link

Wednesday, July 31, 2013

China official PMI shows expansion, beats expectations -7/31/13

  • China official PMI prints at 50.3 for July, up from 50.1 in June and above consensus estimates of 49.9.
  • By contrast, the final HSBC PMI reading comes in at 47.7, unchanged from last week's flash estimate.
  • The excuse for the disparity between the figures: "Official PMI is more skewed to larger companies and the HSBC figure reflects the smaller companies,"  HSBC's Frederic Neumann says.
  • The Shanghai Composite rises 1.3% following a better than expected official PMI print. The Hang Seng is up 1%.
  • The Nikkei jumps 1.16% as the yen falls 0.3% against the dollar to ¥98.18.
  • Not along for the ride are Australian equities, which are off 0.3% in Sydney. The aussie trades near a three-year low sliding 0.26% to 0.8957.

For the latest updates on the stock market, visit, 
http://daytradingstock-blog.blogspot.com/