Sell Alert: Take Big Profits On Your China iShares Puts

Fed policy influences everything trading on U.S. exchanges, including U.S.-listed Chinese stocks. The Fed is driving U.S.-based investors to rethink why they own China-focused funds, including FXI. We have had a phenomenal gain on this trade, with a doubling in only a week’s time. So, let’s take profits on this position.

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Dan Amoss

Dan Amoss, CFA, tracks aggressive accounting and other red flags that markets miss. He’s a student of the Austrian School of economics and Daily Reckoning fan since 2000. Agora Financial relies on Dan for macro market commentary as well as profitable plays like his 2008 call to readers to buy Lehman Bros. puts, which...

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