All the Chinese indices are breaking out. Most importantly the Shanghai A 50, similar to Dow Jones 30, is breaking 5 year top. But here I am using the more available CSI 500 which can be similarly effective.
1. We knew China Economy has been growing like wild for years if not decades BUT Chinese stock markets are NOT reflecting that.
2. Chinese and Chinese Dukes at the top are getting it finally especially after the 'education' of Covid2020. "Stock market is just a game and as such Chinese can do it as well".
3. I recommend you put at least 30% of your investment money into Chinese stocks starting NOW.
3. As active swing-position traders, I don't buy and hold. I rotate.
Best of luck to all!!!
Currently holding China related, CHAU, INO, TIGR.
1. We knew China Economy has been growing like wild for years if not decades BUT Chinese stock markets are NOT reflecting that.
2. Chinese and Chinese Dukes at the top are getting it finally especially after the 'education' of Covid2020. "Stock market is just a game and as such Chinese can do it as well".
3. I recommend you put at least 30% of your investment money into Chinese stocks starting NOW.
3. As active swing-position traders, I don't buy and hold. I rotate.
Best of luck to all!!!
Currently holding China related, CHAU, INO, TIGR.