Wall street is really excited by the upbeat in the market in the midst of haunting high oil price. The fact comes off the macro as well as micro economy is that everything is too good to be true.Good GDP, good index, good numbers from corporate sectors. Chances are over next several weeks profit-taking could be foreseeable.
Chinese Yuan has pitched a surprise to the whole world as government revalue the currency up by 2%, which drive a series of positive comments. Equity market has also broken ground upon the optimistic consequences from it. Assets quote by Yuan is taking up space as investors envision a sustained grow of China's huge economy. As market's still digesting the stock market reform, reshuffles among stocks are taking place. Citic Securities 600030.SS stoped trading today and will continute to do so. Yangtzi Power 600900.SS and Baosteel 600019.SS are also have some day off. United Telecom 600050.SS and Sinopec 600028.SS dominate the market with trading slightly heavier than a couple of weeks ago.
