GREAT UNREALIZED PROFITS IN CHINESE INTERNET STOCKS, BUT BAD NEWS TODAY $KWEB $BABA $BIDU $JD $SINA $NTES $WB $MOMO

GREAT UNREALIZED PROFITS IN CHINESE INTERNET STOCKS, BUT BAD NEWS TODAY $KWEB $BABA $BIDU $JD $SINA $NTES $WB $MOMO

This post was just published on ZYX Global Multi Asset Allocation Alert. 

The Arora Report subscribers have great unrealized profits in the Chinese internet stocks through the ETF KWEB.  This ETF is in both the Low Risk and Lower Risk Portfolios.

KWEB includes top performing stocks such as BABA, BIDU, JD, SINA, NTES, WB, and MOMO.

The bad news today is that Chinese government is shutting down some videos on the Chinese video site WB.  The State Administration of Press, Publication, Radio, Film and Television of the People’s Republic of China stating that the SAPPRFT has requested the local competent authorities to suspend several companies’ video and audio services due to their lacking of an internet audio/video program transmission license and posting of certain commentary with content in violation of government regulations.

Buy Zone

Buy zone for KWEB remains $40 to $45.57. Suggested buy points are $40.52, $42.31, $43.02, and $45.11.

Allocation

Allocation remains 2% to KWEB in both the Low Risk and the Lower Risk Portfolios.

What To Do Now

Those in the ETF may consider continuing to hold.

Those not in the ETF and following ‘The Best Way, ‘may consider patiently waiting for a dip into the buy zone.

For those following ‘The Good Way,’ and not in the ETF, the present ‘Buy Now’ rating is a ‘NO.’

Trades posted on The Arora Report Market Blog have produced unrivalled performance since 2007.  Please click here and scroll down to see the table of all trades.  These trades have been scrutinized in real-time by thousands of subscribers across the globe.  This provides easy verification of performance for newcomers to this site.  Only those trades are included in the performance where the entry post was made available to subscribers to The Arora Report Market Blog.  When the entry post is made available only to the paying subscribers and not posted in real-time on The Arora Report Market Blog, the resulting performance of the trade is not credited in the performance table.  There are very nice gains on this trade but since the entry trade was not posted here in real-time, handsome profits on this trade will not be added to the performance of The Arora Report Market Blog shown on the table.

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