Emerging Markets: No Surprises There

As I mentioned two days ago, the emerging markets were reaching an important supporting trendline. It nailed it pretty much to the pixel and is going through an oh-so-predictable bounce. The year’s action on EEM has been comically consistent.

On a separate note, I covered my DUST short yesterday for about a 12% profit. I would have made a little more waiting for that gap I mentioned, but, hey, I slept more soundly.

Disclaimer: This is not meant to be a recommendation to buy or to sell securities nor an offer to buy or sell securities. Before selling or buying any stock or other investment you should consult ...

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