Yan Can Short
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FEEDI have purchased October 27 2024 $27 puts on FXI, the ETF based on the
Chinese stock market. I’ve got a stop-loss of 26.26, meaning I’ll exit
should it...
2022-11-11
Energy
I made a lengthier post over at Subtack. This is the most important chart for me today. Energy should breakout given the news from China and the general bullishness. The horizontal is at $93.48. How energy trades is important for inflation readings. My view is that a failed energy breakout is probably bearish for stocks in the short-term, but bullish heading into year end. A breakout in energy is probably a signal the rally in stocks can continue short-term, but that a surprise reversal could be coming before year-end.
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