In state polls last night in India the opposition party won a stunning upset in areas that hold about 200 million people.
China Exports inspire a short term rally but let’s keep enthusiasm at a minimum and understand the big picture.
Russia is oversold. While Russia may not be the best longer term trading call, present conditions look oversold.
Japan – best value in developed markets – trading at 14x ’14 PE and earnings growth momentum that dwarfs recent U.S. and E.U.
Despite a huge run in airlines stocks on a combination of structural efficiency advances, lower fuel cost tailwinds, and increased traffic there are reasons to believe the trade can fly higher.
We talked about this one on Fast Money right before numbers as we discussed other frothy internet names in our old tech vs. new tech discussion.