The Dow and the S&P 500 are hovering in lofty new-high territory these days. While the major indices basically have done so via a slow grind toward the top this year, it has been a different story for stocks in the emerging markets.
Far from a slow-and-steady grind higher in 2014, emerging markets have seen a tumultuous ride that’s taken them nearly all the way down to their August 2013 low, and then back up to nearly their 52-week high.
The chart here of the iShares Emerging Markets (EEM) tells the tale of a market segment that’s risen from the ashes like a Phoenix, particularly since the March lows.
This trend is even more pronounced in the price action of individual emerging market countries such as Brazil. The chart here of the iShares Brazil (EWZ) shows the stunning move higher in the fund since mid-March, a move that’s sent EWZ up more than 25% in about eight weeks.
I think that if you’re looking for a place to really ride the momentum higher, emerging markets are hands down a better option for you than domestic stocks like those in the S&P 500. In fact, I am so confident in this assessment that many of the funds I currently recommend in my newly re-designedSuccessful ETF Investingadvisory service are pegged to emerging markets.
If you want to climb on the back of the emerging market Phoenix and let it take your portfolio to new heights, then check out Successful ETF Investingtoday.
Today, at 11:20 AM PT: Get the Market Movements in Advance; Williams Edge Webinar for September 3rd, 2014 | John Ransom
Today, at 11:20 AM PT: Get the Market Movements in Advance; Williams Edge Webinar for September 1st, 2014 | John Ransom