EEM: New High Close
A few days ago I pointed out that EEM should be at the top of your list for ETFs to buy. Today EEM made a new high close and its relative strength line continues to move higher indicating how much stronger it is compared to the S&P. EEM, EWM, ILF..etc is where money is moving into and what we should be focused on.
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1 comment:
Kevin,
Interesting about EEM. So much for the global liquidity crisis, as I can only presume that the Central Bankers Gone Wild theme remains. FWIW, I talked to someone who said that they couldn't find any EEM to short. Perhaps the EEM owners have locked up their shares with orders.
Ron
www.ronsen.blogspot.com
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