Exchange: NYSEArca·Updated 08:02 AM EDT
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YINN Direxion Daily FTSE China Bull 3X Shares

$21.27
$0.18
(0.84%)
Pre-Market
Prev Close $21.45
Vol53,869.00
52W High$53.23
52W Low$20.69
44

Bearish Sentiment

How do you feel about YINN?

TeamJayDay
China Market Is Crashing 🔹The selloff in China stocks is real, and the weakness in the $YINN is being driven by a broader unwind in Chinese technology stocks, macroeconomic pressure, and fading expectations for additional government stimulus. There are also some newer company-specific concerns adding to the pressure. 🔹China’s technology heavy STAR 50 index has fallen nearly 40% from its June peak, while the CSI 300 has suffered a 10 week losing streak. Investors are pulling back from expensive technology stocks as the global AI trade unwinds. $SPY $QQQ $IWM $DIA
6
xtremdelt8
$YINN used to wheel this at 30, then 25. Now doing so at 22 and 23. Slow NAV bleed to zero.
3
MajorFutesARippin
$YINN loaded here just over 23. I don't see how this could get much worse, of course buyer beware,
2
MajorFutesARippin
$YINN $BABA $FXI Jeff Gundlach said in 2022 that China is un-investable. That was a few months after DJT snapped off a bunch of China ADRs including several I owned (CHL and SNP). As I see it, he could do it again w/out notice. I only scalp this sector - not been a good payout.
MajorFutesARippin
$YINN Looks heading for the teens. I don't see any catalysts although DJT is certainly capable of uttering something.

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