China Setting Up as a Sell

U.S. and global stocks continue to trend higher, but not every market is along for the ride. Despite overall signs of improvement in China's economy, all is not well with that country's equity markets.

Sure, there has been good news on the economic front. Third-quarter GDP improved to 7.8%, beating analysts' estimates. This weekend's October non-manufacturing purchasing managers index (PMI) hit 56.3, the best level of the year for that indicator. This came on the heels of two strong China PMI reports last week. Last night's HSBC China Services PMI report also showed improvement, to 52.6....339 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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