DXY, EUR/USD, USD/JPY, GBP/USD, AUD/USD, USD/CAD
GENERAL ELECTRIC COMPANY, SPDR S&P 500, ADVANCED MICRO DEVICES, INC., ORIGINCLEAR, INC., ISHARES MSCI EMERGING INDEX FUND, EQT CORPORATION
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Gold, Silver, Crude Oil, Natural Gas, Corn, Bitcoin
BTC/USD, ETH/USD, BCH/USD, XRP/USD, LTC/USD, ETC/USD
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
Gold, Brent Oil, Crude Oil, CFDs on Natural Gas, Palladium, Silver
Emerging market stocks are looking cheaper but from my analysis of the broader index, we're not at the bottom yet. We still have another 10-20% to go. Will keep a close eye out for the bottom and update accordingly. The recent selling is most likely associated with the "trade wars" but that will soon pass as most news does.
Thank you guys for reading. Would love ...
The rising dollar, increased interest rates, trade wars and all it entails mean that the emerging markets are NOT DONE trending down.
The index has been mean-reverting and will probably go even further down.
This is a great buy opportunity for long-term investors.
A lot of action will be based on fundamentals but I can see this ETF continuing its mean-reverting move and going further down by 5-10%.
If it keeps on going down, it will be a great buying opportunity (long-term) and with a nice dividend yield.
There are many on this site that are claiming to know where BTC and other cryptos are heading in the short to intermediate term. The only issue? Their analysis is absolute hogwash.
This chart shows the Vanguard Emerging Market index (which shows a diversified performance of equities in many of the emerging markets). Notice the stark similarity.
As you can see, ...
The sma50 acting as dynamic resistance in this downtrend, looks like a good spot to start a short with 2 atr (14) as stop on close.
It is more obvious now, as VWO has been outperforming for several months. As the ratio is still turning, we should be moving into emerging market but only gradually.
Part 3. Three days ago I published Parts 1 and 2 for the-S&P and-IWM. (2,500 stocks total).
I wanted to share with you the emerging markets.
In my opinion they are weak, trend-less with a downward bias, and the risk/ reward ratio is to the down side.
VWO-is an ETF consisting of shares in the following countries:
Taiwan, Province of China ...
The ratio has a breakout, held a higher high, is above 10 month MA, RSI broke out.
So I guess it is time to BEGIN to overweight emerging market.
VWO has been outperforming since the start of the year. So far, the overall trend is still up but showing signs of crack. RSI and MACD are both breaking. the ratio itself is still above the support, and the MA cross is yet to generate a sell signal.
This is another reason we pay close attention to emerging market. Still in its early stage so we will give it this summer to approve itself.
Price and RSI broke out, MACD positive. Overbought already on hourly chart so short term pull back likely. Wait and see.
May still range bound so it may become worse before get better. More bullish if it can go above the red resistance.
Please see the notes on the chart.
1. Emerging market shows strength, as shown on the VWo/VTI ratio chart.
2. As of last trading day of April, it broke a major resistance line that has been there since April 2011.
3. 3 month moving average crossed above 5 month moving average, a buy signal.