Shutterstock photo
Markets

Emerging Markets Outperforming And May Be Breaking Out vs. SPX

Shutterstock photo

Shutterstock photo

Long story short - after years of underperformance emerging markets might seize the day if U.S. earnings season shows up as poor as feared.

emerging-markets-BRIC-MINT

Another 90bps of outperformance today and 7.2% in 15 days.

Emerging market ( EEM , quote ) currencies on fire and this is the key to the trade! Look at the bottom part of the chart below.

Chart_ EEMvsspy 4-2

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


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

Other Topics

Stocks