It's the group to buy every time you hear that trade talks might falter simply because it has much more going for it than just China or cellphones.
If you are an index trader it is a tough call, but for stock-pickers it remains a very good trading market.
With tariffs pushed back indefinitely and talks set this weekend between Donald Trump and Xi Jinping, trading was frenzied on Chinese exchanges.
In the end, everything really boils down to growth, or at least setting the stage for increased growth.
What makes Nio interesting is its huge potential, likelihood of favorable attention from the Chinese government, and its influential investors.
Both the United States and China want their trade war to end, but that hardly would mean the end of trade tensions between the two nations.
Analysts and investors aren't overly concerned about Nike's Duke debacle.
I'm more interested in how NKE continues to perform in China along with the current technical picture on the weekly chart.
It is never a bad idea to take some partial profits when you have the opportunity.
The market is in a grey area as technical conditions suggest a pullback would be in order but hopes of a trade deal with China prevent aggressive selling.