Folks, rotation is good ultimately but not for momentum stocks, and this has been going on for months, not days.
Russian Bounce: If you are playing Russia and have a view of Putin’s more conciliatory tone allows you to trade the overdone moves in many names.
YOKU released 4Q numbers that showed profitability for the first time in the companies history according to non US GAAP (+0.04c) and were almost breakeven (-0.02c) according to US GAAP.
I was asked by Fidelity to give a presentation to their clients ahead of the Trader Expo in NYC. In the presentation I gave my views on the EM selloff and a number of key sub-topics within the asset class. Here I will present my slides on China.
As you track the Emerging Money China Intenet Index (EMCHI), we highlight news from key component, Tencent.