It looks like the entire chinese sector is making a major move as American investors look for growth. With earnings coming next week, there is heavy buying ahead of the numbers. Any company that fails to meet guidance could be severely punished while any company that meets expectations will likely continue to fly.
I'm looking for NEP and CHBT to make a major move up but I'm a little concerned about CCME. I'm sure the numbers will be good but will they be good enough to keep the stocks heading north or are we due for a pause in the action and maybe even a small correction? There's been such a big run up over the last few days that profit taking could be coming.
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