The macro data from this month's Markit PMI's is sending a bit of mixing signals from the countries that VWO has the most exposure to, but I am still optimistic as to the near-future performance of the emerging markets.
Before going into the macro analysis, whats the market allocation of this ETF.
The 80% market allocation is the following:
- China -> 42.5%
VWO is finishing a leading diagonal first wave out of the the contracting triangle as forecasted in the April 5 post. It should continue its positive trend ahead with minor corrections on the way. The possible end of minute wave v of minor 1 should be at around 39. After this minor 2 wave should retrace to around 35 before the up trend continues. If prices crosses...
VWO just seems to have completed a bullish primary triangle what is the end ov cycle wave IV. In this case, the etf should offer long-term growth ahead. The probable end of cycle wave V up is a growth similar to highest leg of the triangle. This would push the index to around 70, more than double the current value in the long term. FOLLOW SKYLINEPRO TO GET UPDATES.
Hi, today we are going to talk about Vanguard FTSE Emerging Markets ETF and its current landscape.
The emerging markets today can face an increase of volatility and perhaps pessimism as Trump's stated that will reinstate Steel and Aluminum tariffs for Brazil and Argentina since, in his perspective, both countries are devaluating their currencies to be "unfairly"...
Very high correlation btw relative value of EM vs DM stocks and Gold price
At the moment, either EM is very cheap vs DM or Gold is very expensive. This should correct in coming weeks
Idea stolen from TickByTick_Team on Twitter. Sorry not allowed to paste links here
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.