Bearish on China? ETF traders taking that stance knocked out big profits Friday as Chinese stocks plunged. The Shanghai composite index gave up nearly 7% Friday to be 19% off its June 12 peak and dangerously close to bear market territory. Direxion Daily CSI 300 China Bear 1X (CHAD) soared 8%, making it a top performer in intraday trade. Steel your nerves. It may be time to stake a position in these stocks that have fallen out of a favor after a
Friday 26 June 2015
Best ETFs Friday: Traders Bearish On China Get Rich
Otmane El Rhazi from Investor's Business Daily - ETFs RSS.
Bearish on China? ETF traders taking that stance knocked out big profits Friday as Chinese stocks plunged. The Shanghai composite index gave up nearly 7% Friday to be 19% off its June 12 peak and dangerously close to bear market territory. Direxion Daily CSI 300 China Bear 1X (CHAD) soared 8%, making it a top performer in intraday trade. Steel your nerves. It may be time to stake a position in these stocks that have fallen out of a favor after a
Bearish on China? ETF traders taking that stance knocked out big profits Friday as Chinese stocks plunged. The Shanghai composite index gave up nearly 7% Friday to be 19% off its June 12 peak and dangerously close to bear market territory. Direxion Daily CSI 300 China Bear 1X (CHAD) soared 8%, making it a top performer in intraday trade. Steel your nerves. It may be time to stake a position in these stocks that have fallen out of a favor after a
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