These Breakout Multiplier trades are all popping off one by one. 3 of them doubled today.
The Chinese Internet Index closed at its highest levels since mid-October, well before the Trump landslide victory (that was supposed to be the end of Chinese stocks).
It's actually been the exact opposite.
In fact, look Chinese Internet stocks relative to the U.S. Internet Index. The new lows could not hold, and now the face-ripper is here:
The rotation is real, and this is a perfectly normal characteristic of a bull market, which we are very much in.
There's a time and a place for everything. Buying China has not been a good idea for a long time. So it should be no surprise that the short interest in China is so high.
Those shorts have overstayed their welcome and now it's time for us to profit from their demise. The short squeeze you're seeing in just the beginning. It's going to get a lot more explosive from here!
But we're already making money. And that's the point of all this isn't it?
First, $TAL doubled. Then, $EH and $PDD took off in a day. So traders are now holding the rest with zero risk of losses.
This is what happens when you stop chasing headlines, and actually trade what’s working. And right now, one specific market segment is delivering in a BIG way.
If you weren’t in these trades, that’s a problem. But don't worry because we're already eyeing the next ones.
