Taiwan

FXI probably goes the way of RSX if there is an invasion.

Financial Media Logic: Russian Expansion is Bullish

Financial media: Stocks rallied strongly today on the Russian invasion of Ukraine. Investors did as they do with most takeover deals, selling Russia. The Russian market fell as much as 27 percent adjusted for currency losses before rallying back as investors began pricing in the possible synergies. With greater control over gas pipelines, Russia can cut Ukraine out out of payments. Russia's emergence as a more powerful energy power is bullish for U.S. markets because the Europeans will have to choose between more expensive American energy and U.S. military protection or cheaper energy and fend for themselves versus Russia.

U.S. markets surged as rate hike expectations plunged. The Fed doesn't have to hike rates now because soaring commodity prices will help cool inflatin by causing a recession, which is bullish because the Federal Reserve will have to restart QE. Everything is awesome. There has never been a better time to buy stocks!

Is This a Crisis to Buy?

The key is knowing who is having a crisis. The buy here is Russia.

Crisis Events and the US Stock Market

Update: Buy Russia

Tight stop at this point.

RSX has lost that last line of support:

Checking In on Recent Charts

SGZ I'd be happy to buy around 100 if it gets there. I mentioned banks for rising rates here, take profits on that one. RSX discussed in Russia on the Edge bounced right off support. MDL broke out, but quickly failed. JLP has done very well despite no help from the platinume price. Still waiting on breakouts for most gold and silver miners, still time for buying.

Russia on the Edge

Russia's central bank sold gold recently, along with basket case central banks in Turkey and Uzbekistan. Ruble and Russian stock makret look weak. The Russia ETF priced in USD is going to bounce right here or make a major breakdown.