C.O.B.R.A. System Buy Alert: 50% Opportunity in FXI Puts
The Chinese Communist Party (CCP) has declared war on its own companies, especially large tech companies. These companies and others included in the iShares China Large-Cap ETF will be subject to continual harassment and negative shocks. Using the C.O.B.R.A. system, Jim and Dan recommend a short position in FXI as a combination of tech wars and currency wars is a recipe for a drawdown in the FXI price.