Capitulative? Highest volume day in history for $KWEB … "get me out at any price" often the attitude found near the end of a drawdown. pic.twitter.com/gH4CiO3Qq2 — Chris Verrone (@verrone_chris) July 27, 2021 Today’s Chart of the Day was shared on Twitter by Chris Verrone of Strategas Research (@verrone_chris). It’s a chart of the China Internet ETF, $KWEB, […]
Chart of the Day – Monday, July 26th, 2021
China equities continue to underperform w/ oldest China ETF at a new relative low versus the US.$FXI / $SPY Charting via @ycharts pic.twitter.com/pAQkbPdkZP — Charlie Bilello (@charliebilello) July 26, 2021 Today’s Chart of the Day was shared on Twitter by Charlie Bilello (@charliebilello). It’s a ratio chart of the China ETF, $FXI, vs. the S&P 500 […]
Chart of the Day – Monday, July 6th, 2020
China $SHCOMP daily RSI hit 88 today, one of the highest of all time. In the 30 years of this index, extreme momentum was very rare – associated with the early stages of massive rallies. Looks like the summer could get hot. pic.twitter.com/TL7zvEVTdA — Macro Charts (@MacroCharts) July 6, 2020 Today’s Chart of the Day […]
Diverging Performance Among Chinese Stocks
The prevailing narrative is that growth has slowed in China amid the escalation in tariffs while the US economy and stock market have been relatively unscathed by the trade dispute. The simplest way to measure the winner and loser of the current trade war is by comparing the performance of each nation’s stock market. Interestingly, […]
China Showing Strength
China’s economy has been under the microscope for a while at this point, as it becomes more and more of a global player among trade and capital flow. While still not considered a “developed” economy, due to GDP per capita levels, it is still a very important region to watch. Of course, we are entering […]