Daily Archives: November 11, 2024
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21Sep10:29 amEST
No Bottom for Alibaba
It is rather noticeable that China stocks received tons of cheers by momentum traders into each rally over the last few quarters, only to see said rallies frizzle out each and every time. What that tells me, gauging the BABA monthly chart, below, in addition to the FXI KWEB ETFs, is that China stocks have not bottomed despite their steep...