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The Closing Bell: Even The Kitchen Sink Was Up Today
What else could it be tomorrow? You have now no sign of taper (OMG, TAPER TAPER TAPER every five seconds on CNBC for the last month or two.) Oil now likely going over $110 again despite Syria being out of the headlines...
Yes, EM. I'm looking at the Jakarta exchange, in the middle of their trading day over there at the moment (Thursday.) They're up by 4.5% just on the day. Unheard of. Indonesia has been hammered lately, among the worst performers. What a turnaround! .... TRAMX is at a new 52-week high, too. And I see SFGIX leaped 1.68% today.
Comments
I'd look at EM
Regards,
Ted
http://www.marketwatch.com/story/emerging-market-stocks-rally-to-almost-4-mo-high-2013-09-18/print?guid=EDD8F137-F6E9-4A17-AED4-388FD99CCF83
Regards,
Ted
http://www.bloomberg.com/news/2013-09-19/goldman-sachs-said-to-start-hedge-fund-for-asia.html
"God bless us, every one." ---Tiny Tim.