Just a Blip on the Radar Screen

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Updated Published

From Ticker Sense

The Shanghai Stock Exchange Composite (SHCOMP) has been on a tear lately, making the 9% one-day decline it suffered back in late February look like a minuscule sell-off in a broader uptrend.

Since the big decline, the Index is up 27%.  We highlight this because the 9% decline sparked a +3% sell-off in US markets.  If (and probably when) the SHCOMP has a similar one-day decline, how will US investors react this time?

China412

Photo of Douglas A. McIntyre
About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

Continue Reading

Top Gaining Stocks

AXON Vol: 1,135,209
CDW
CDW Vol: 2,437,574
GEHC Vol: 8,107,469
IBM
IBM Vol: 16,103,112
CHTR Vol: 2,972,111

Top Losing Stocks

MU Vol: 60,251,824
ON Vol: 15,490,005
ENPH Vol: 6,293,491
LRCX Vol: 16,065,247
MCHP Vol: 18,305,346