9/12/25 Recap

The SPY continues up, the clear uptrend remains intact. We have FOMC coming soon and that’s our next catalyst, otherwise nothing really new to discuss we’re in a 5 month long uptrend and the 2 small dips below the 21 ema were instantly bought telling you demand is very high for equities at this moment.

The bigger story is China and all of you here should have done well on China stocks because I was screaming from the rooftop even highlight Chinese names on the weekend back to back weeks here recently. KWEB, the chinese Nasdaq equivalent, us up almost 8% in the last 7 sessions. For an index, this is a very large move but all those China names you’ve been seeing atop the rankings in the database like BABA and BIDU have finally caught a bid and really taken off. China, as risky as their equities are, seems to be the place to be for the moment.

My Open Book