Sunday, February 26, 2012

China Stocks Continue 2012 Surge

As the markets open on Monday in Asia, China has jumped another 17 points after a blistering start to 2012. The Shanghai Composite as already jumped roughly 15% from the lows in early January.

Expect to start hearing correction calls this week. Sure that market needs a breather, but it isn't even back to the mid November levels. Difficult to see that as an over extended when looking over the last 6-8 months.

Our models remain invested in China stocks ChinaCache (CCIH) and Lihua Holdings (LIWA) plus numerous other stocks that benefit from a soft landing in the economy and rebounding stock market. In addition, the market action makes us more interested in finding some China stocks trading is the US that haven't moved yet.







Disclosure: Long CCIH and LIWA. Please review the disclaimer page for more details.



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