We love Apple as a company and as an innovator…and also as an EM powerhouse. Say what you want about Apples ASP price point being too high, but it’s still a global aspirational brand that developing nation consumers want to own.
Petrobras is up almost 5% today after last nights delayed but momentous 4Q ’14 earnings release.
The call three weeks ago was that US earnings season would be a catalyst that allowed EM to outperform.
Emerging Markets are nearing recent trend highs against the SPX and may be poised to trade through recent resistance as we head into a challenged US earnings season and Emerging Markets have had the kitchen sink thrown at it and is coming back for more.
Delta Bank in Ukraine where MBT held $1.4UAH (Ukrainian Hryvnia) or $60 million U.S. dollars in cash and deposits at the end 2014 has declared insolvency.
Vol leads the market lower. The market seems to run into trouble every-time we hit 13 on the VOX or lower over the last 6 months.
The Brent WTI spread is +2.00$ this Am as talk that gulf production increasing and that downturn in oil prices will have minimal impact on GOM crude according to EIA.
Get a jump start on this week’s trading with Tim’s thoughts on inflation and how to play it.
Coke: Im Lovin it!
McDonald’s and Coke, they go hand in hand (much like their lesser cousins Burger King and Pepsi) in many ways. You were either a McDonald’s guy or a Burger King guy growing up and if you were a