Alibaba reports BMO tomorrow and is down 3% today on claims that the government regulator is concerned with fraud and oversight. Buy the dip?
It’s not easy to wake up today and buy anything. Looking at duration risk, credit risk, currency volume that is unnatural, and U.S. markets that have run for six years on the equity side.
We have made our view on Volatility very clear for months: We said you wanted to trade it and own it when it got cheap because we were entering an extended period of heightened volatility.
Happy New Year to all our Emerging Money Friends!
We have talked for weeks about the China “MMA” or mutual market access event with a tone of excitement.
I have often talked about how Emerging Markets correlate very highly with small cap stocks in the U.S. for a couple reasons:
Emerging Money Daily Audio Preview Call August 8 – On the call today we get into risk reduction Fridays we’ve had a few in a row now and what we would be doing in emerging markets after nice pullback and some technical support.