"Strategists and Analysts Predict Once-in-a-Generation Buying Opportunity in Bear Trap Market"

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Source: MarketWatch
"Strategists and Analysts Predict Once-in-a-Generation Buying Opportunity in Bear Trap Market"
Photo: MarketWatch
TL;DR Summary

Evercore ISI recommends buying Chinese equities, particularly those listed in Hong Kong, as they believe the market is at a bear trap and poised for a rebound. They suggest buying U.S. stocks with large exposure to China and the iShares China Large-Cap exchange traded fund. The strategy team at Evercore also recommends buying FXI March 28 calls at a strike price of $23.5 and lists U.S. listed China ADRs for consideration. The week ahead will see earnings reports from major companies, a Federal Reserve policy decision, and geopolitical tensions, making it a challenging time for investors.

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