New energy, technology, blue chips, China concept stocks, Brazil—after looking at this round of ETFs, it feels like capital is restless everywhere in the world.
The KWEB options are so active, giving a shot in the arm to the long-depressed China concept stocks, but frankly, the gains are a bit bleak, and the overall sentiment remains weak.
FXI and CQQQ take turns, with tech blue chips alternately propping up the market; ARKQ can bounce a little, thanks to innovation, but relying on news flow, it’s probably just that.
Surprisingly, EWZ still has some sustainability—South America’s market is even stronger than China concept stocks. Not sure whether to envy or laugh it off.
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