Emerging markets are suddenly back to their mid-September highs, while we know the major averages in the U.S. have more work to do to recover from the correction.
Will the benchmarks in the U.S. follow with the emerging markets, or diverge? I will cover that and much, more, more in my comprehensive Weekly Strategy Session. Please click here for more details about subscribing or making a one-time purchase.
Have a great weekend!
It’s easy to forget about emerging markets until one looks at a 1 yr charts for:
Philippines EPHE
New Zealand ENZL
Thailand THD (rather choppy)
and then one realizes, Wow! I have been missing out.
Sammy is in top 10 holdings(4,01%) of iShares MSCI Emerging Markets Index (EEM)
My guess is it will move off “the Steve Jobs patent” issue.
http://gigaom.com/2012/12/07/patent-office-strikes-blow-against-steve-jobs-patent-for-smart-phone-swipes/
no position
oops *should be decimal there