Took a mpostion into Saudi Arabia yesterday at weekly RSI oversold, so far so good, scalede in small
The fund generally will invest at least 80% of its assets in the component securities of the index and in investments that have economic characteristics that are substantially identical to the component securities of the index. The index is a free float-adjusted market capitalization-weighted index that incorporates foreign ownership limits and is designed to...
I scanned through a list of ETF's and their respective ishares fund etf and came to the conclusion that Saudi Arabia is the strongest of them all and India takes a close second , literally every other country in clear stage 4 declines . I may have missed a few smaller countries but this took into account most of them ( The top 40 based on GDP ) . I know its...
KSA (Saudi Arabia) has broken beneath the channel from the 2020 low. The underside of the channel has acted as resistance the last few days. If you're unaware, the Saudis are the financial backing for the new LIV golf tour. Exorbitant amounts of money are being offered in order to attract players to the new tour. It stands to reason that the Saudis wouldn't be...
Given recent tensions in the Middle East, the Saudi Arabian ETF sold off and back-tested the previous resistance trend-line. The ETF has now rebounded off this trend-line, and looks bullish to continue to the July highs. Given the slightly weaker dollar macro picture, EM countries should be supported. KSA is a good play for a de-escalation in the Middle East and...
AMEX:KSA A solid run underway for the Saudi Arabia ETF! I have a position
One market that has quietly, but powerfully, performed well for 2019 year-to-date has been Saudia Arabia's Tadawul All Shares Index, up 13.82% as of April 3rd 2018. On a macro level, the country has been buoyed by a resurgence in the price of oil, coupled with the "Risk On" feel supporting the markets since January 2019. More interestingly, on a domestic...
The recent unrest in Saudi Arabia is an over reaction..step in & buy KSA