China – Cannons Are Firing

During times of conflict, there’s a saying in the market:  “you should buy when the cannons are firing and sell when the champagne corks are popping”.

More specifically, the current trade war between the US and China is likely to be resolved and the 20% correction in Chinese equity indexes may be looking overdone.

The IZZ iShares ETF provides exposure to large cap Chinese stocks. We see a buy side opportunity at $57.00