Cherry Picking The Diamonds From The Stock Market

5 Chinese Hot Stocks to Buy Now!!!!!

Lets first explain why should one buy Chinese stocks during this global financial crisis?  We are going to show you why this is the time to buy only certain stocks,  from certain parts of the world. The big question is which major index (or indice) appears to have bottomed and actually looks like it has begun a nice uptrend? By analysing the major world indexes we can spot some trends out there. If we combine this data along with some very important economic data we will be able to predict which country/countries  will be where the smart money will start pouring into next or have begun already.
 
We are in this article going to take a look at China. China’s Hang Seng Index, symbol ^HSI. The Hang Seng Index was in a downtrend since the beginning of 2008 and seemed to have reached its lowest point this past year at the end of September, where it seems to has formed a bottom. This is because in November its low was higher than its previous low in October. In December it’s high was higher than its September and November highs, and its December low was higher than its November low. In short what we have here is a beginning of an uptrend. Now lets look at its MACD- Looking at a chart of the Hang Seng Index we can see that its MACD turned positive, crossed above the 0 line, only in December. This signals a change in trend. Here a beginning of an uptrend. China’s Index just recently closed above it’s 50 and 20 day Ema’s, a bullish signal. For how long will this uptrend  continue is unsure but lets look at some other interesting economic data about China, to get a better picture where it is heading.

 
China has decided to end further investment in the US and pour it back into itself. Foreign investors are avoiding all US investments and are buying China stocks. China is still expected to grow by 8% in 2009, true its less than its previous annual growth of %11 but it still great, when considering that the US is expected to grow only %2 in 2009. Chinese are still buying like crazy, they want better and more comfortable lifestyles. Chinese banks have not been exposed to the recent sub-prime disaster like other banks around the world. China is still growing like crazy, and does not seem to be slowing up any time soon.
 
Here are some Chinese Stocks which have  also changed trend recently, they have gone up a lot since December, and they are all just recently started uptrends along with China’s Index.
 

1. ACH (Aluminum China)
This stock looks like it has bottomed in October. November’s low is higher than October’s low. ACH has just recently closed above its 50-day EMA . MACD positive. 
 
2.PTR (Petrochina Co Ltd Adr)
MACD turned positive, it hasn’t done that since last April. Just began an uptrend (higher highs and higher lows). PTR  has recently closed above its 50-day EMA, another very bullish sign.
 
3. CAAS (China Automotive Systems Inc )  
This stock has been in a nice uptrend since December. MACD positive. Recently closed above its 13 and 50-day EMAs.
 
4. NCTY (THE9 LTD)
This stock has been in a nice uptrend since December. MACD positive. Recently closed above its 13 and 50-day EMAs.

 
5.SHI (Sinopec Shanghai Petrochem Co)
This stock has been in a nice uptrend since November. MACD positive. Recently closed above its 50-day EMA.

 
 

Shoshana Antelman
http://www.articlesbase.com/investing-articles/5-chinese-hot-stocks-to-buy-now-719669.html