Investors continue to punish growth stocks, which isn’t good news for some of our holdings. The Golden Dragon ETF has dropped well below its 200-day moving average and a couple of our stocks that we have been watching closely have finally fallen through support and their moving averages. So we’re selling two stocks in today’s report. We’re looking at other markets, of course, and we’re watching with great interest as the biggest Chinese IPO of all time is making headlines well before the stock actually comes public.
