This Stock Could Shine Despite Bad News From China...READ MORE
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| This Stock Could Shine Despite Bad News From China | | China's economy is slowing. The New York Times recently noted, "Official numbers … show an economy that is posting new, but manageable, lows. For the last three months of 2018, growth came in at 6.4 percent compared with a year earlier. That's the slowest pace since a decade ago, when China was grappling with the global financial crisis.
For the full year, according to official data, the Chinese economy grew 6.6 percent. That's the weakest pace of growth since 1990, when China's economic miracle stumbled in the aftermath of the crackdown on protesters in Tiananmen Square the year before."
That's troubling for global investors but, just as in the US, not all companies feel the pain of a slowing economy equally. Some industries, for example, grew in the last recession in the United States. Among those industries were education companies.
We may be seeing a similar pattern emerge in China as we explain in our latest article. We also identify a potential trading opportunity based on that pattern. Based on recent market data, this trading opportunity could deliver a potential gain of more than 130% and the risk is limited to a maximum of about $150 based on actual price data.
You can find all of the details of the strategy that makes this trade possible and the trade in our latest article that is available right here.
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