Double-click to enlarge this FXI “Chinese Dow” daily chart.
Some investors may feel guilty about being invested in the US stock market, because it often soars as Main Street swoons.
That’s because the American central bank pumps the market with socialist handouts on every dip, but calls it capitalism! Ironically, Asian markets may now offer investors less socialist sizzle and more capitalist steak.
Also, Chinese and Indian citizens buy gold to celebrate good times. That makes an ongoing rise in the FXI very good news for both stock and gold market investors.
Double-Click to enlarge this FCG natural gas ETF chart. There’s a fabulous bull wedge and upside breakout.
The speedy launch of the Corona vaccines is making oil & gas a “must buy” asset class.
Stoploss enthusiasts can take note of the low at $6.80 and place a stop just under there.
For myself, I’m a buying now and more on any dip, for both FCG (natural gas) and XLE (oil). I invite mining stock investors who may have a few squeaks in their portfolio to seriously consider… adding some oil!
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