Oct. 24 at 10:41 AM
$SOXX I am only selling my American high flyers to buy more hedge —
$SOXS $NVDQ $UVIX — or using cash. Not selling any of my China plays. I’ve only added recently, especially the fintech as of late. Remember, at a time where markets just seem broken in the west and are blowing off the top, China was at 50-year-lows compared to the emerging market equity, while emerging market equity was at 50-year-lows compared to US equity. This was at the start of 2024. Just bouncing off the bottom. Make sure to never trim positions that are just starting to bounce in order to hedge. At this point, China is facing deflation when America is facing inflation. Both are close to solving the problem. When inflationary and deflationary prices reversing starts to even get close to priced in, there will be a massive shift from the west to the east. China priced where bull markets tend to start. US priced where bear markets tend to start, history tells us.
$YINN 🤑 my long China position fat AF !
