Need to Know: Irrational exuberance? Why last year’s stellar returns may have been a reversal of ‘excessive pessimism’ [MarketWatch]
BANK OF CHINA UNSP/ADR (BACHY)
NASDAQ:AMEX Investor Relations:
boc.cn/en/investor
Company Research
Source: MarketWatch
Irrational exuberance? Why last year’s stellar returns may have been a reversal of ‘excessive pessimism’ On the first working day of 2020, let’s take a moment to appreciate the virtues of a vice: laziness. Say what you will about new year’s resolutions, but last year, letting a boring old S&P 500-tracking index fund do its work was one of the best investment decisions around. Including dividend reinvestment, the S&P 500 SPX, +0.29% returned 33% in 2019, outperforming virtually every national index and very nearly every investment strategy. For the decade, according to Deutsche Bank, the S&P 500 returned a cool 256%, and the tech-heavy Nasdaq Composite COMP, +0.30% returned 347%. So the obvious question is, can the gains continue? Tim Duy, a University of Oregon professor who closely tracks the Federal Reserve, plotted the return of the S&P 500 on a logarithmic scale to show that the current gains are nothing like the acceleration from the late 1990s . “This doesn’t surprise me a
Show less
Read more
Impact Snapshot
Event Time:
BACHY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
BACHY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
BACHY alerts
High impacting BANK OF CHINA UNSP/ADR news events
Weekly update
A roundup of the hottest topics
BACHY
News
- Chinese banks block Russian companies' accounts over sanctioned addresses [Yahoo! Finance]Yahoo! Finance
- Major Chinese bank begins blocking yuan transfers to Russia from "friendly" countries – media [Yahoo! Finance]Yahoo! Finance
- UnionPay International Powers CIIE with Enhanced Cross-border Payment Solutions, Boosting Cross-border Trade Payments [Yahoo! Finance]Yahoo! Finance
- Xinhua Silk Road: Council meeting and promotion event featuring China-Africa economic and trade cooperation held in E. China's Jinhua [Yahoo! Finance]Yahoo! Finance
- Australia moves to keep its banks in the Pacific [Yahoo! Finance]Yahoo! Finance