
MOMO BUYS STOCKS OBLIVIOUS TO THE WORST ROUT IN HONG KONG SINCE 2008 AND FOREX BONFIRE IN TOKYO
By Nigam Arora & Dr. Natasha Arora To gain an edge, this is what you need to know today. Money Flees China Please click here for a chart of Hong Kong Large Cap ETF FXI. Note the following: The world is interconnected, but don’t tell that to the momo crowd. Significant developments are happening overseas that will impact the U.S. stock market sooner or later. Prudent investors need to keep a close eye on these developments. The chart shows a significant gap down in Hong Kong stocks. Hong Kong stocks fell 6% to a 13 year low. This was the worst drop since