I'm buying emerging market volatility.
- [caption id="attachment_33930" align="alignright"
width="240" caption="Tim Seymour"]
[/caption]Emerging market volatility is at levels that make you
say WOW I didn't think it would get this low
- 8.85 100 day volatility is lowest since august 1997, or put
another way, back before we knew what the word crisis really
meant and iShares MSCI Emerging Markets Index Fund (
) breaks through 20 day moving average as 50 day moving average
about to crossover to the upside. Emerging market
has lagged domestic markets badly for 6 weeks.
- See attached chart of EEM for look at breakout levels