InTheMoneyStock...'s  Instablog

InTheMoneyStocks.com
Send Message
InTheMoneyStocks.Com is a research and consulting company focused on mathematical proprietary techniques along with a key understanding of price, pattern and time. Through understanding geometry and other technical analysis methods, InTheMoneyStocks.Com prides itself on avoiding Wall Street hype... More
My company:
InTheMoneyStocks.com
My blog:
Pro Traders Rant and Rave Blog
  • Buy Alert: China Small Caps Explode  1 comment
    Jul 7, 2011 1:12 PM | about stocks: BIDU, SINA, YOKU, RENN

     Money flow continues to follow the standard path. Large caps, mid caps, then finally small caps. Chinese large caps have bounced sharply over the last few weeks. Stocks like Baidu.com, Inc. (NASDAQ:BIDU) have bounced 30% while SINA Corporation (NASDAQ:SINA) has bounced over 50%. These bounces look to be mostly completed as the large caps have stalled out.

    In the last two weeks, mid caps Chinese stocks have also taken off. Major moves have jumped in from the likes of Youku.com Inc (NYSE:YOKU), which is up 45% and Renren Inc (NYSE:RENN) which has bounced almost 100%. The key with these bounces is to notice how the money flow started at the most secure, safe China stocks and has rotated down the list. Large caps, mid caps and now, finally, small caps.

    Chinese small caps are seeing a surge today, probably the beginning of a bigger run. Many are sitting at their 52 week lows still, with drops of 75% this year. A few key ones to watch are CDC Corporation (NASDAQ:CHINA), Kandi Technolgies Corp. (NASDAQ:KNDI) and Sino Clean Energy Inc. (NASDAQ:SCEI).
    I wrote about Chinese small caps being the next big play in the swing trade market and today many are surging more than 10%. The money rotation here is the key. Just to name a few that are jumping, AOB is up 15%, CPSL is up 15% and CSKI is up 11%.  While these carry risk, most likely more upside is around the corner as they catch up to the gains from the large and mid cap China stocks. Lock and load. Enjoy the ride.

    Gareth Soloway
    InTheMoneyStocks.com

    Stocks: BIDU, SINA, YOKU, RENN
Back To InTheMoneyStocks.com's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (1)
Track new comments
  • pmcmullen100
    , contributor
    Comments (93) | Send Message
     
    SCEI has been the subject of some very serious fraud allegations, and the company has gone dark for the last month or so. Do you really think it is a good recommendation at this time? If so, why?

     

    For all the allegations and evidence, see:

     

    alfredlittle.com/categ.../
    7 Jul 2011, 01:55 PM Reply Like
Full index of posts »
Latest Followers

StockTalks

  • Utility #stocks leading markets higher despite slightly higher yields in the 10-year U.S. #Treasury. $SO, $ED, $XLU all higher today.
    Apr 20, 2015
  • $YELP Forming Bearish Chart.... http://bit.ly/YelpChart
    Apr 13, 2015
  • $WMT bearish base, daily 200-day ma. Should drop to the $78.00 level & present a good entry level to buy the stock. http://bit.ly/WMTAlert
    Apr 10, 2015
More »

Latest Comments


Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.