This is daily Emerging Money Audio Call for Thursday April 24. Emerging Markets opened up about 40 basis points in line were we are on the S&P NASDAQ higher by the fantastic Apple (AAPL, quote) results which on the site today we explain how we are trading Apple on the back of China (FXI, quote) strength.
As we see the US emerge from the winter hibernation (Retail Sales, Industrial Production, Jobless Claims), we are also seeing signs of Emerging Markets recovery on Macro.
The recent Emerging Market rally is built off a combination of fundamental and technical factors.
Emerging Money Audio Call Tuesday April 9th – We dig into China trade data tonight. I’ll explain what I think the numbers from last month are a write off.
We said 52K on the Ibovespa was a place to take profits.