Mike's Mid Day Minute is available to members on Monday, Wednesday & Friday evenings, with one article per week available to non-members. Members please login and see "Mike's Mid Day Minute" in the navigation menu towards the top of the page.

The China Connection

When I look at the Shanghai Comp pattern vs the SPX, what do I see?

I see a developing massive 2-year bottom pattern on the Shanghai, and a mature, 2-year uptrend pattern topping out on SPX.

This urges me to be long the Shanghai -- via the Morgan Stanley China A Share ETF (CAF) -- and to be very cautious in SPX ahead of the emergence of a potentially painful corrective process.

  • Action-Oriented Trade Set-Ups in Stocks & ETFs
  • Macro Analysis of the Broader Markets
  • Detailed Technical Guidance for each Trading Idea
  • Live Interaction w/ Mike & Our Member Community
  • And Much, Much More!
Join Now! - Special Offer!
Veteran Wall Street analyst and financial author, Mike provides detailed and timely analysis and trade set-ups on a range of markets. Read more...

Have Mike's “Out Front” morning analysis delivered FREE to your email inbox twice weekly!