$Direxion Daily FTSE China Bull 3X Shares(YINN)$ While Chinese stocks are very undervalued right now, investors must also find the economic growth engine for China to recover. As the US cuts interest rates, the demand of RMB pushes up their currency strength, possibly negating the impact of any export benefit due to China’s deflationary environment. Moreover, with many trade partners wary of China’s alleged export dumping policies, China will struggle to find an economic growth sector to replace the gap left by their crumbling construction industry. The fact that 70% of stored family wealth is in the deflated property sector, and with 17.1% of youth unemployment, and a pension issue, China will find it difficult to
$Direxion Daily FTSE China Bear 3X Shares(YANG)$ While Chinese stocks are very undervalued right now, investors must also find the economic growth engine for China to recover. As the US cuts interest rates, the demand of RMB pushes up their currency strength, possibly negating the impact of any export benefit due to China’s deflationary environment. Moreover, with many trade partners wary of China’s alleged export dumping policies, China will struggle to find an economic growth sector to replace the gap left by their crumbling construction industry. The fact that 70% of stored family wealth is in the deflated property sector, and with 17.1% of youth unemployment, and a pension issue, China will find it difficult to
$Direxion Daily FTSE China Bear 3X Shares(YANG)$ the Chinese economy is in need of a total revamp before their economy can sky rocket. I’m in no doubt that in the long run, China will be a leading economy. However, all the stimulus and state buying of stocks to prop up the market is like pasting a band-aid on an amputated limb. Resetting their economy to be not dependent on property development/construction and trying to grow their domestic consumption will take years. Moreover, with the trade tariffs from many leading economies putting pressure on international demand, it’s just going to be difficult In the near term and for this reason, I am bearish on the Chinese economy.
$Albertsons Companies, Inc.(ACI)$ at its current price, it is worth the risk for a 50% upside if the merger goes through and a 25% upside if its fails due to the $600 million damages awarded should Kroger walk away
$Albertsons Companies, Inc.(ACI)$ I have entered back into this position at a share price of $19.45. If the merger goes through, its price will skyrocket to $27.65. If it doesn't, ACI will still benefit from a compensation of $600 million. Moreover, Albertson's is currently trading at below its fair valuation
$ProShares UltraPro QQQ(TQQQ)$ J.P.Morgan raised the odds of a U.S. recession by the end of this year to 35% from 25%, citing easing labor market pressures. Tech stocks still overvalued
$ProShares UltraPro Short QQQ(SQQQ)$ J.P.Morgan raised the odds of a U.S. recession by the end of this year to 35% from 25%, citing easing labor market pressures. Tech stocks still overvalued
$Albertsons Companies, Inc.(ACI)$ focusing on companies with increasing operating income is always a good way to invest. Hype and growth metrics for many tech stocks will disappoint eventually And only a handful of firms will be the winners. Diversify your portfolio with undervalued stocks like $Albertsons Companies, Inc.(ACI)$