EEM ETF sees 5 straight days higher since intraday low set

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How about 5 straight up days for iShares MSCI Emerging Markets Index ( EEM , quote ) ETF after the intraday low set on last Monday's China induced puke? EEM has given us a great trade. EEM has a free pass to $40.00 before you trim this trade.

Also I wanted to add a trading qualification to my long standing bearish call on the Aussie dollar ( FXA , quote ).

Take some profits here.  It is way oversold.  It's going lower but  put it back out there at .9350.



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: Investing , International , Stocks

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