IXIC index vs selected EM markets (HK, SG, KR, PL, RU, MX) - recovery from 2018
IXIC index vs selected EM markets (HK, SG, KR, PL, RU) - recovery from 2018
Emerging Markets (EEM) seem to be resuming the bull market that started in early 2016. 1) Recently broke out from downward channel 2) Broke out from alternative shorter term negative trend line 3) Is in the track to end the week confirming a bullish pivot, surpassing the last short term top. Medium term objective is last major top the occurred in jan 18. Long...
Another idea of an ETF to hold this year. About 10% upside potential plus a 12 months trailing yield of 6.68%.
EEM is trending in a down-up counter trend. It has failed over the last 8 months to close above its Moving-Average on a weekly basis. I am using the 16-day Moving Average (representing 3 weeks +1 of trading days), but you can play with the period and you will see similar results. EEM is currently testing close to its 16-day Moving Average and near the top of its...
TSLA ; despite their occasional run-in with the SEC or hickup from logistics behind timing in production Tesla is a dominate force in an emerging market and can not be ignored as a force to be reckoned with. AMZN found itself in a very similar situation back in 2005 and since then they have proven their value through diversification and exemplary customer...
Y seguimos en la misma zona, a principios de NOV tuvimos una recuperación del soporte que dio un buen rebote, pero no paso mas alla de eso... por ahora seguimos presionados en esta nueva LTB y el piso de los 5138 pts. Drivers a seguir: - G20 y reunión Trump/ Xi Jinping - Cu y su desacoplo con los demás commodities - Inflación USA
FA: - FED hikes, - China exporting its inflation, - Emerging market crisis. TA - bullish formation.
I'm not so sure that 37 is the target... I can see it going to 33 if the rest of the market continue showing weakness.
As I dig deeper, the Bitcoin picture becomes clearer. I'm starting to believe that Bitcoin is the penny stock of the world's finance. I'm comparing Bitcoin to a fund that manages a basket of EM-related assets. This is the reported breakdown as of October: China 19.95% Other 16.59% South Korea 14.78% Taiwan 11.39% Russia 8.23% Brazil 8.01% South...
This is how I see the map for EEM. It contradicts with the news background as EM countries are under pressure now. But this is how I see the wave count now. The wave 5 to the upside is pending and we could see some relief for EM...temporarily. Invalidation for this count is below the 38.32 when the wave 1 will be broken
Get ready for the world to burn if DXY breaks though, if not load up on oil and gold.
Welcome to the series where I play with both technical and fundamental aspects of the market. Leave your suggestions if you want me to cover a specific asset. Technical story: As everyone but Maluma noticed, FX_IDC:EURCOP is really close to marking all time... close, but breaking high may come too. The correlation with emerging markets ( AMEX:VWO ), although...
En dias de panico extremo en las principales plazas bursatiles, el IPSA de la bolsa de Santiago, ha comenzado a levantar y recuperar el terreno de los 5100 puntos. Es importante seguir el desarrollo del dia y cierre de la presente semana
Risky BUY EEM upon touch of lower boundary of parallel channel. Stop loss at today's minimum and target at last gap down. Attractive loss to gain ratio.
The newIPSA has been pulled by world wide correction on financial markets, however the support has been working very well, now it is time to do the job and start a new tendence ...
Emerging Markets ETFs are in a parallel channel. Price just bounced on the lower limit. Investors are concerned about the high inflation to be expected in the US (3.7% unemployment = wages going up) which would encourage the FED to raise interests even more and drive the USD up. A high USD and higher yields would draw investors away from EM because they could...