Since 3/23/20 when all three bottomed out, the SPX (green) has outperformed the Europe, Australia, Asia, and Far East ETF (blue, ticker symbol EFA), but both are lagging behind the Emerging Markets ETF (orange, ticker symbol EEM).
The SPX has been leading most of the way, but last month the Emerging Markets became #1.
Investors have banked on strong recovery...
Emerging Markets looking to breakout IMO. Stop believing in bubble boogiemen. Follow the trends. The trend is up until otherwise noted. I prefer EMQQ to EEM.
In our Flight Path newsletter on Monday morning, we noted slight oscillator divergence and the appearance of a stronger dollar may see EEM pull back slightly. Having said that, we reminded readers that the chart in the big picture is clearly bullish! The pull back didn’t happen this week as $EEM quickly moved higher. The “Go” trend is still in place and the...
Hey all, this is the monthly chart of the EEM. A potential breakout is about to happen. New ATHs!! Park your money (maybe soon) in this emerging market ETF; set it and forget it!!
2021 comparison of global markets
EEM: Emerging - green
FXI: China - orange
EWJ: Japan - blue
EFA: Europe - purple
EWA: Australia - yellow
VTI: USA = red
Do your own due diligence, your risk is 100% your responsibility. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Small incremental steps work : If you...
The emerging markets have had a good bullish run since November with the rest of the market and it was supported by some heavy call flow recently. Now that the 53 Fib target has been achieved, I think it is time for the overall markets to consolidate or even take a leg down to cool off. I think a retest of 50 or lower is not out of the question. The maximum upside...
The emerging markets ETF $EEM has been in a wide range consolidation for the last 13 years. A breakout above $55.83 could set up for a longer term move higher!
EEM MONTHLY, Looking like it wants to break out. Keep an eye on the dollar. A snapback in the US dollar could cause a consolidation or pullback in the emerging markets.
