This might explain “miner fade” today in the face of booming iron ore pricing Source: [marketwatch.com]
[[[[[The Chinese stock market is going dark just as the investment outlook has brightened.The Shanghai Stock Exchange will close from Oct. 1 to Oct. 7 for the China National Day celebrations. Hong Kong’s market will be shut on Oct. 1.
“Investors should tread carefully this week as China enters its Golden Week holiday, shutting down markets from October 1st to 7th. Although U.S.- listed ETFs like FXI will remain active, the lack of live Chinese market trading could introduce unexpected consequences,” said Simon Ree, the founder of Tao of Trading.]]]]]
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