This is intended to be a forum for me to post chart ideas and hopefully receive feedback and stimulate discussion.It is not intended to constitute investment advice.
"The EEM is off 13.9% YTD, but it's been the locals who have been selling as foreign inflows into emerging market stock funds have continued ... up until last week, where $12.3B in net outlfows were seen, according to EPFR. The troubled Indian stock market is an example - foreigners plowed $12B into stocks there this year, bringing their ownership to a record high 21.7% as of June 30, according to Citi. The mood changed after the government Wednesday imposed what are essentially capital controls, and the stock market saw foreign net outflows of $517M. Not for nothing, but the Sensex (and emerging markets in general) rallied for a 2nd straight session overnight[, [EPI]] +0.9% EEM +1.2% premarket."
"The EEM is off 13.9% YTD, but it's been the locals who have been selling as foreign inflows into emerging market stock funds have continued ... up until last week, where $12.3B in net outlfows were seen, according to EPFR.
ReplyDeleteThe troubled Indian stock market is an example - foreigners plowed $12B into stocks there this year, bringing their ownership to a record high 21.7% as of June 30, according to Citi. The mood changed after the government Wednesday imposed what are essentially capital controls, and the stock market saw foreign net outflows of $517M.
Not for nothing, but the Sensex (and emerging markets in general) rallied for a 2nd straight session overnight[, [EPI]] +0.9% EEM +1.2% premarket."
Indian ETFs: INDY, EPI, PIN, INP, INDA, INXX, SCIF, SCIN, INDL, SMIN, ICN, INR.
Emerging market ETFs: AGEM, EEM, ADRE, SCHE, GMM, VWO, DEM, EWEM, PXH, PIE, EWX, DGS, EMLB, EDC, EET, EMSA, EDZ, EEV, EUM, TLTE, HILO, EELV, EEMA, EMFT, DVYE, FEMS, EVAL, EGRW, EMCR, IEMG, EMDR, EEME.
Info from SeekingAlpha W
"Knowledge is knowing that a tomato is a fruit; Wisdom is knowing not to put it in a fruit salad" - Anonymous
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http://tinyurl.com/mk6cxmm
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Ag $24 - "Ding!"
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