Results coming in for 2Q earnings, better than apocalyptic expectations...as expected...
Market is at top of sideways trending channel of last 8 weeks, back at the June highs.
Unusual in that it took 27 sessions to drop and 5 sessions to recover. Market hasn't established a new uptrend, but at the same time the market failed to establish a downtrend.
Chinese equities trading on US exchanges cheap enough again to buy. Going long Chinese equities next week.
Subscribe to:
Post Comments (Atom)
Posts
0 comments:
Post a Comment