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Should we chase the Alibaba breakout?

Should we chase the Alibaba breakout?

Some quick thoughts on Chinese stocks and tech

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Sleepysol
Sep 25, 2024
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Sleepysol’s Newsletter
Should we chase the Alibaba breakout?
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The big news in the last 24 hours is China just unleashed their most aggressive monetary easing….ever. There’s a real possibility it alone isn’t enough, and that the CCP knows that and will be doing fiscal ‘soon’ but that soon could be six hours from when I write this, six days, or six months. It doesn’t matter. A clear signal was given to the stock …

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