Baidu's most recent trend suggests a bullish bias. One trading opportunity on Baidu is a Bull Put Spread using a strike $185.00 short put and a strike $180.00 long put offers a potential 22.25% return on risk over the next 15 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $185.00 by expiration. The full premium credit of $0.91 would be kept by the premium seller. The risk of $4.09 would be incurred if the stock dropped below the $180.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Baidu is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Baidu is bullish.
The RSI indicator is at 61.06 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Baidu
Continental unveils collaboration with Baidu on autonomous cars
Wed, 31 May 2017 09:59:43 +0000
Auto supplier Continental AG on Wednesday signed a strategic cooperation agreement with Chinese Internet company Baidu to develop autonomous and connected cars. In a statement, Continental said both partners intend to develop technologies, products and business models that will provide solutions for automated driving, connected vehicles and intelligent mobility services. “With our strategic collaboration, we will take intelligent mobility an important step further,” Continental's Chief Executive Elmar Degenhart said.
Why Emerging Market Funds Snub Alibaba, Baidu & Sina
Tue, 30 May 2017 21:43:00 +0000
MarketWatch studied the divergence in some popular emerging market funds, and determined that not owning or being underweight some big Chinese Internet stocks can be a painful choice. In my latest Barron's emerging markets column, I interviewed a manager of the Harding Loevner Emerging Markets portfolio who explained the crux of the problem investors have with some of the biggest Chinese internet plays: governance. In the MarketWatch story on why big funds don't own some big EM stocks,” reporter Ryan Vlastelica looks at the Vanguard Emerging Markets Stock Index Fund (VEIEX), with $72 billion in assets, and the Vanguard FTSE Emerging Markets ETF (VWO) with about $55 billion, and notes Vanguard’s EM indexes don't include Alibaba, while competing indexes, including the one underlying the iShares MSCI Emerging markets ETF (EEM), do hold the stock.
The biggest emerging-market ETF doesn’t hold some of the biggest EM stocks
Tue, 30 May 2017 20:23:23 +0000
Earlier this month, the Chinese e-commerce giant Alibaba reported a massive surge in its fourth-quarter revenue, results that contributed to the strong year-to-date advance in its stock price. However, …
Google Defeats World's Top Go Player, But Can It Win Over China?
Mon, 29 May 2017 21:00:00 +0000
The display of its artificial intelligence system at a Chinese board game competition comes with the hopes of re-entering a region it's been blocked from since 2010.
[$$] Bullish on Emerging Markets, Bearish on U.S.
Sat, 27 May 2017 04:52:00 +0000
A picture is worth a thousand words. Hence the popularity of Hello Investors, a weekly mash-up of charts, cartoons, screenshots, and musings assembled by CLSA strategist Matthew Sigel, which explores market-related themes and offers investment recommendations. Begun in 2011, Hello Investors has made some bold investment calls and caught the attention of well-regarded investors.
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