SPOT ON ARORA REPORT CALL ON CHINA — 31.14% GAIN IN CHINA VS. 12.67% IN S&P 500, TAKE PARTIAL PROFITS $ASHR $SPY $KWEB $BABA $FXI $EEM $JD
This post was published on ZYX Emerging Markets ETF Alert. Our short term rating on Mainland China represented by ETF ASHR was previously raised to Buy. That call has proven spot on. Year-to-date, ASHR has gained 31.14%. This compares to the U. S. benchmark S&P 500 gain of 12.67%. What To Do Now Those in ASHR have two choices based on personal preference. Take partial profits. Take profits on the entire position For tracking purposes, partial profits will be taken in the zone of $28 to $30.73. ASHR is trading at $28.77 as of this writing. Those not in ASHR may wait for