Last Thursday in BIG Moves Underway, I wrote:
“When BIG moves begin, Markets have a tendency to leave everyone behind — especially when no one expects them to. My systems are lighting up today with potential launch signals.”
In that note and the Weekly Review, I highlighted the potential for a MAJOR inflection point in global markets, where *no one* was looking.
And among the places which had my full attention — one market in particular, which finally looked “ready to go”…
CHINA
From September 19:
“Ready for launch — this is a ‘close your eyes and Buy’ signal potentially developing over the coming weeks.”
“I think these are the early stages of a major Bull Market extension rally in China — the May-August pullback (higher low) looks complete. As I increase positions incrementally, I envision China Tech could become my biggest Long Equity exposure over the next 3-6 months.”
Less than a week later, we have strong evidence of a massive global shift underway:
China Unleashes Stimulus Package to Revive Economy, Markets
Three things I strongly believe:
The world is NOT ready for a China-led growth resurgence.
It’s happening as the Fed embarks on a trigger-happy rate cut cycle.
The implications of BOTH forces simultaneously are likely to be massive.
Time to update the charts & commentary — and some interesting new ways I’m thinking to play this — IN ADDITION to the core view:
Fasten your seatbelt…
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