Its very easy to read research papers from Wall Street firms or hear money managers on CNBC tout that the real growth story continues to lie in the “Emerging Markets” arena. They may be correct in the longer-term, yet the Power of the Pattern reflected that bearish rising wedges were taking place all around the world [...]
On 5/14/2011 the 6-pack below was posted, as the “Power of the Pattern” was reflecting - multi-year bearish rising wedges were taking place around the world and rising wedges two-thirds of the time results in lower prices (see 5/14 post here) . The pattern concerns 11 months ago were….Rising wedges were taking place around the world [...]
Emerging markets outperformed the S&P 500 by 300% in the time period below- CLICK ON CHART TO ENLARGE Since May of last year, the 500 index has out performed EEM by roughly 15%, reflecting relative underperformce in the Emerging markets. The patterns of late in EEM could be concerning…see why below- CLICK ON CHART TO [...]
The “Power of the Pattern” reflected below that markets around the world had created bearish patterns back in May, reflecting a two-thirds chance they would all move lower (see post here) From a portfolio construction standpoint…Risk can be viewed as “how far can something fall” or ”how many of my assets move in the same direction!” A [...]
I am honored that one third of this blogs viewers come from outside of the United States. Of late I have received numerous email requests from the international viewers, to update the look of the Emerging markets. See below… CLICK ON CHART TO ENLARGE Of late EEM has broken a multi-month rising support line and maybe [...]
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