Tag Archives: $fxi

Made In China

China ADR's soared today. With $BIDU up 4%, $QIHU up 11%, $BABA up 3.87%, and $SINA up 11%.  The ETF that tracks Chinese Large Cap stocks, $FXI, was up over 6% today.  Continuing a massive rally over the last two years.  Is today's gap a blow off top?  Or will China continue to roar higher?

The unexpected ramp higher offered some tremendous gains for those in the call contracts.

$FXI call options were up over 1,000% today.

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