Introducing CZM/CZI, a pair of 3x Direxion ETFs tracking Chinese ADRs in the US market.
It's safer to play than the A shares because they mostly tracks the SPY movement and is stronger than 3xEEM or 3xIWM trackers. A good swing trading candidate. The limitation: volume is very low ... may not be suitable for day trading.
The market will reverse today on AAPL. You see, investors have to keep Apple afloat ahead of a media event because there's no telling what Steve Jobs can do. We can always come out with "one more thing" revolutionary product. But if that doesn't happen, then the stock is down today. Hard.
But like I said. They can't sell the stock before the event is behind them. People will feel dumb if Steve Jobs comes out with the cure for cancer and they just sold. So yeah. BUt almost always, Apple sells after these events. It starts in 30 minutes. In 1:30 hours, Apple will be turning lower and so will the market (or at least the QQQQ).