Chinese Stock Market Bottoms: What Should U.S. Investors Do? [View article]
Chinese market bottom? Shanghai maybe but not Hong Kong or US (China ADRs). FXI and HK trade with US, US has not hit any kind of a bottom so FXI also has not.
Long way to go down – don’t get carried away by these rallies – bear market always have rallies. Just notice the technicals lower highs lower lows. S&P can go all the way to 600 very easily – FXI can go to 15 and below, FXP is a much better play.
Chinese Stock Market Bottoms: What Should U.S. Investors Do? [View article]
Long way to go down – don’t get carried away by these rallies – bear market always have rallies. Just notice the technicals lower highs lower lows. S&P can go all the way to 600 very easily – FXI can go to 15 and below, FXP is a much better play.