Tag Archive | "bidu"

Are Baidu and Google Earnings Related?

Friday, July 15, 2011

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After the close on Thursday, even as traders were marveling at the 13% move after Google announced its earnings triumph, Baidu was also up substantially after hours (2.8%) on no apparent news. This got me wondering whether there was any steady relationship between the two – after all, Baidu is colloquially “the Google of China,” so it isn’t hard to imagine people trading the two stocks similarly. On the day after Google reported earnings, the returns of the stocks…

Ill-fitting Suits and Intraday Selling

Wednesday, May 14, 2008

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The Dow shed one hundred points in the last hour and a half of trading. The Dow and S&P held onto some gains, but the Russell 2000 and the Nasdaq 100 actually closed the morning gap and ended the day in the red. The late day selling seemed to be led down by large cap tech, as GOOG AAPL RIMM BIDU all moved lower. Volume was a bit higher – back toward average levels at least, though most of that…

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Jared Woodard specializes in trading volatility as an asset class. With over a decade of experience trading options and other volatility products ... Read More

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