|Day Low/High||34.85 / 35.49|
|52 Wk Low/High||33.02 / 147.67|
These names are displaying both quantitative and technical deterioration.
Beyond the impacts of the pandemic, the political environment and its impact on potential policy have taken center stage.
Monday's market action was in no way similar to that recent disparity between the 'haves' and 'have nots.'
Markets are possibly fine until either growth or inflation force the Fed to change guidance on interest rates.
Let's hope that the violence subsides, the valid voices of peaceful protesters are heard, and the lack of social distancing protocols does not lead to a resurgence in the spread of the virus.
I am cautious but still making incremental moves.
Companies are adjusting their supply lines, but both the U.S. and Chinese administrations are feeling the heat.
There's an opportunity for investors in a few, small speculative Chinese names. Consider playing the space this way.
Repetition is the key to learning, but sometimes there is only so much you can learn before repetition becomes useless. I'll give you an example. In early 2005, my wife gently tapped me on the shoulder to tell me that the crazy heartburn she'd been ...
Let's look at all our indicators and charts to see how this may play out.
This current bull market is not a U.S. story, it's a global one, and 3 China-based names make the list.
Give dip buyers the benefit of the doubt on Wednesday.
China Unicom blasted off today, with Autohome poised to follow suit.