Chinese stocks are on the move. I expected this to happen for two reasons:
Eventually they are going stop the Covid related lockdowns
The regulatory investigations was no good for business
So I am expecting the Chinese stocks to keep moving up, which would be awesome for my long TAL position that expires in Jan 2023.
So what's my trade for today?
I opened a complimentary trade against my existing UNG (United States Natural Gas) position.
Read the details here: https://www.tycoonitos.com/community/market-comments/market-comments-20220523