China Wobbles, What Has Been Shorted

In 20 short years China equals (if you trust US and Chinese GDP numbers) US GDP.

In 20 short years China equals (if you trust US and Chinese GDP numbers) US GDP.

Every great nation has it growth pains, after all the US of A was bailed out a few times over the last 200 years (J P Morgan in 1893), so you can expect China to have a few hard landings over the next 100 years. That is simply the law of the business cycle, no matter how modern day central bankers think they can flat line the down swings. Nope they can not, only delay.

This is what has been sold down on Chinese wobbles, and you can bet the momentum traders will push these lower. The FAT LADY has not yet sung on this down swing!

Copper slump due to demand slump. Chinese uses 30% of worlds copper.

Honk Kong (mostly property stocks) shows trend is at a very critical stage, buy the dip again would you?

Aussie stocks (exports) suffer after Chinese imports slump..

NOTE: readtheticker.com does allow users to load objects and text on charts, however some annotations are by a free third party image tool named Paint.net 

Investing Quote...
 

"Stock market technique is not an exact science. Stock (and commodities) prices are made by the minds of men (and women). Mechanical trading methods or mathematical formulas cannot compete with good human market judgment."..

Richard D Wyckoff

...“People somehow think you must buy at the bottom and sell at the top to be successful in the market. That’s nonsense! The idea is to buy when the probability is greatest that the market is going to advance”... 

Martin Zweig (The inspiration behind a number of Martin Zweig’s methods came, from Jesse Livermore).

..“If it’s obvious, it’s obviously wrong.”.. 

Joe Granville

.."it is better to have few stocks and to watch them carefully”...

Bernard Burach

..“By failing to prepare, you are preparing to fail”..

Benjamin Franklin

 

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