In the Asia Update video below I review the China’s Shanghai Composite Index, Hong Kong’s Hang Seng Index and the China Large Cap ETF (FXI). FXI is designed to have almost all of its assets devoted to stocks trading in the FTSE China 50 Index.
The FTSE China 50 Index is made up of large cap Chinese equites that trade on the Hong Kong Stock Exchange. Therefore the FXI more closely resembles the Hang Seng Index.
This week I also review 2 very actively traded Chinese ADRs, Alibaba (BABA) and JD.com (JD). I’ve created a list of 8 actively traded Chinese stocks and plan to review 2 each week. Next week I will look at SINA and VipShop (VIPS).
Also in today’s video I look at India’s Nifty 50 and Japan’s Nikkei 225.
Today I am starting a series of weekly posts about the most actively traded ETFs. My initial focus will be on ETFs that invest in stocks that trade in the United States.
I am starting with the VanEck Vectors Gold Miners ETF (GDX). GDX has a 3 month average daily volume of 73.6 million shares. Various sources have the Gold Miners listed as either the number 1 or number 2 most actively traded ETF.
The chart below is a daily chart of GDX. I talked about GDX, GDXJ and NUGT back in a video on August 6th. At that time I felt that these ETFs were at the end of a 5 wave run or very close to it. I was a few days early.Continue reading
In this stock market update video I review this week’s market action by reviewing the Dow Jones Industrial Average, the VIX and 3 key ETFs…semiconductors, homebuilders and financials. I then review the solar stocks ETF, TAN.
By the way this is a very abbreviated version of what my Insider Members get…check out the membership page.
In this post I’m going to talk about 5 things that every trader needs to be successful. The list is not mine, I’ll talk about that in a second, but the discussion of those 5 things are my thoughts. Continue reading