I haven't talked about this trend much, ever since it collapsed at the end of last year...but the recent news and the charts are telling me to get long China. It looks like the bottom might be in. Here's my "Fave 5..."
FXI- A diversified approach to China stocks
ACH- Aluminum ready to break out.
LFC- About to confirm a bottom.
YZC- A coal shortage has this thing gapping and running like crazy for the last three days.
SNP- Volume is picking up behind this move higher.
The above story is the opinion of the author only and it does not reflect
iStockAnalyst opinion. Further, the author is not personally advising you
regarding the suitability of the story for your investment needs. In no event
iStockAnalyst will be liable for any loss or damage including without
limitation, indirect or consequential loss or damage, or any loss or damage
whatsoever arising from or arising out of, or in connection with the use of this
information. Please consult your investment advisor before making any investment
decision.
