Back in December I started wittering on about EM Equities rotating to the top of the class. Then in February they were neck-and-neck with strengthening Commodities. This week, after FOMC, the EM ETFs just took off – a combination of EM stock market strength plus EM currency strength against the “wounded” US Dollar.
I didn’t want to run through all of the EM ETFs in the video – there are just so many of them. But pull them up on your charts and see what you think: MCHI, EWY, INDA, EWZ, EWT, EWA, RSX, EWW, EWL, EIDO, EWS, THD, EZA, TUR and ECH.
Good luck with your Emini trading next week.