Welcome to the Emerging Money Audio Call for April 23. Emerging Markets down 1.2% three day move against the S&P underperforming coming back on emerging market vs. domestic market spread, something to look at. We have several charts on the site to explain some opportunities at this point.
The recent Emerging Market rally is built off a combination of fundamental and technical factors.
Nasdaq BioTech Index led to the move lower for all stocks.
S&P is having its fourth worst day of the year (-1.6%), but Emerging Markets only down 40bps.
CRB (Commodity Index) at highs not seen since Oct 2012.