Emerging markets remain under pressure and heading into Friday’s open ETFs tracking stocks markets in three of the four BRIC countries are oversold. The BRICs (Brazil, Russia, India and China) are considered bellwethers of the trend in emerging markets. This is true for their stock markets and their economies in general. Only Russian stocks are… [Read More]
U.S. stocks closed lower on Tuesday as did a number of overseas markets. The PowerRatings web site offers a list of country funds that are at oversold levels. Heading into Wednesday’s trading twelve ETFs are on the list with PowerRatings of 8 or higher. U.S. stock market indexes including SPDR S&P 500 ETF (NYSE: SPY)… [Read More]
ETFs tracking Russian stocks sold off Thursday on news of new sanctions against the country and then the shoot down of a civilian airliner. While news drove that market, a number of other country ETFs sold off. A list of the most oversold country ETFs can be found on the PowerRatings web site. Heading into… [Read More]
Economists do their best to present complex ideas in simple terms. Stock market analysts often apply these simple terms to investment themes. For example, economists have noted that developing economies usually grow faster than more mature economies in developed countries. Analysts observed that Brazil, Russia, India and China are fast-growing developing economies and grouped them… [Read More]
Stocks opened higher yesterday and then sold off after traders became concerned about an economic slowdown in China and possible fallout from the political situation in the Ukraine. When the selling started, the day unfolded as a classic “flight to safety” trade as stocks moved down while bonds and gold moved up. Riskier assets like… [Read More]
In a typical market, tech stocks are among the price leaders. They are often the first group of stocks to become oversold in a decline, a pattern that is being seen in the current market selloff. PowerShares QQQ (NASDAQ: QQQ) is oversold after falling 5.5% from its all-time high which was reached last Wednesday, January… [Read More]
U.S. stocks rallied yesterday afternoon to close at new highs after struggling in early trading. The lower open was driven by weakness in overseas markets after China’s leadership meeting ended without significant news. Some country ETFs closed lower and will start trading on Thursday oversold. Market Vectors Russia ETF (NYSE: RSX) has a PowerRatings of… [Read More]
As U.S. stock market indexes have moved up on earnings reports this week, Asian stock markets have been moving down. Bloomberg reported stocks in that region were headed for their first weekly loss in three weeks after disappointing reports from several large companies. Posco, South Korea’s largest steel maker, fell after cutting its sales forecast… [Read More]
With all the focus on Apple and Europe, some of the most important moves may be taking place in the BRIC countries of near and East Asia.
Strength in both regional and individual country ETFs has traders returning to emerging markets from India to Russia. Should you join them?