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$iShares China Large-Cap ETF(FXI)$
Does this surge in BABA again just a response to the renewed conflict between US and Iran, causing investors to have renewed confidence in the China market again? Or is it just a desperate attempt to keep afloat?
I took on a bear call spread on BABA and FXI as I predict China will still have a lot of headwinds to navigate, and investors will still prefer US stocks, despite the votatility and turmoil.
@PawsAndProfits - Specialist in combining FA and TA for Options selling and Swing trading.[666]
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