Commodity collapse no problem
Emerging Market collapse buying opportunity...
Emerging Markets were bludgeoned this week - currencies, stocks, bonds, suffered their worst week since the 1997 Asian currency crisis.
Wall Street took the opportunity to cover shorts, for only the third time in 3 months. Which had been the longest streak of down Fridays since 2007.
The whole week was short-covering with Energy stocks outperforming all other sectors despite a new low in oil.
Money (Out)Flow:
The count stands
"It was a good time for some Lending Tree"
Index Hedging
"Another great buying opportunity!!!"
