200 day average is at $45......probably touches that and bounces.........after quick drop from $54....seems like a buy here.
Bullish
M
Decent pullback
Neutral
C
Accumulate during Chinese New Year, watch it grow after.
S
Complete #$%$
S
Opens above 47.00 tomorrow..
Y
FXI reached a 52 Week high at 53.72
A
China is a high growth economy, but the stats for FXI still show it to be a very good value. Price / Earnings Ratio = 10.79 Price / Book Ratio = 1.13 Distribution Yield = 1.99%
$FXI heavy holdings in Chinese banks in Hong Kong, which could take a hit on any new sanctions. Can short FXI buy purchasing $FXP to short the Chinese banks
C
Chinese gubmint is propping up the companies that make up FXI. Price should be below $30.
How about a little helping hand in the U.S.? Not seeking help of outsiders, just the Congress and Executive branch. As BA goes, so goes the nation. Leadership is not taking care of business, and certainly not working overtime.
W
China new security bill on Hong Kong could be passed as soon as this weekend. This means by Tuesday open this new security bill will be law. We could see real drop in Hong Kong stocks Monday, and Tuesday. Since US markets closed we may not adjust till Tuesday open for both those days. If you get a 5% drop in HK both those days you could see a 5-10% gap down on FXI and Chinese stocks come Tuesday open. ...Watch for developments over weekend for if US cancels trade talks kaboom
W
The Treasury Department could impose controls on transactions and freeze assets of Chinese officials and businesses for implementing the security law.
W
Add in US planning to delist Chinese stocks and prospects could see protests erupt in Hong Kong over long holiday weekend could see Chinese stocks gap down Tuesday morning
B
53,898 call options traded at a 45 strike today --- March 15 53,888,000 shares ? wow - someone double check - I use fidelity
k
Look at any long term chart...downside is $33....upside is enormous once this passes....and most of China is ALREADY OPEN! Also, pay 3.1% dividend.
m
this thing is going up looks like its going to happen sooner than later
S
Good Speech by trump Trade Deal Coming Great for China and USA
Price / Earnings Ratio = 10.79
Price / Book Ratio = 1.13
Distribution Yield = 1.99%
How about a little helping hand in the U.S.? Not seeking help of outsiders, just the Congress and Executive branch. As BA goes, so goes the nation. Leadership is not taking care of business, and certainly not working overtime.
...Watch for developments over weekend for if US cancels trade talks kaboom
53,888,000 shares ? wow - someone double check - I use fidelity
Trade Deal Coming
Great for China and USA
https://www.bloombergquint.com/quicktakes/delisting-chinese-firms-gains-traction-in-washington-quicktake
https://www.ft.com/content/3dd4afbb-df0c-4230-9c76-31bbf101a056