Tag Archives: China
Midday Missive
NOV looks good using a 53.85 stop. This can go another 10%. USO is a buy against today’s low betting on a qtrly break out with a close over 20.25 China is acting well. I placed a price order for … Continue reading
FXI…Trade Alert!
Brazil & China are both struggling. India seems to have hit some pretty good resistance as well. FXI’s failure to follow through to the upside this week is disappointing. If it’s not working we’re not going to own it going … Continue reading
FXI_-_iShares_FTSE_China_25_Index_Fund_Weekly.gif
This is a trad able low in China against 36.45 close.
FXI
Punt of the Month… China economic data comes out tonight. You’ll either be a “Hero or Zero” Buy the Jan 42 calls for expiration tomorrow which are around 5 cents or Buy the Jan 42’s that expire the 25th for … Continue reading
A.M. Look 9/28/12
Euro…129.59 is unchanged on the year. Presently it’s struggling. 30 Yr….150.16 is unchanged on the month. General Comments… I’m not remotely interested in anything that happens today. It’s all about the closes! Qtr end markings are not a game we’re … Continue reading
FXI iShares FTSE China 25 Index Fund Daily Chart
The rest of the day will be a time frame trade.
MCP
This is a good late day hold for Molycorp… The low was the old high and now the 50 day mvg avg. This will be a pivotal level tomorrow ( 29.90-30.10) with the Chinese coming back into the Copper market … Continue reading
FXI…EWZ…STOPS
In a world where every trade is the same, we will use closing stops in these country ETF’s, which are conditional on where the U.S. closes. These country ETF’s are up huge from the lows. We will exit these longs if … Continue reading
FXI…China
I am buying the FXI at the market with a 33.70 stop. This is an addition to our Risk On profile.
Risk On Portfolio
We are buying a partial long position in Brazil ( EWZ) with an intra-day stop just below today’s low. We also like China ( FXI), however we would like to buy a small pull back here. NASDAQ is clearly leading … Continue reading