Info!! Positive Divergences Amidst The Negative Ones

Saturday's post looked at divergences inwards the novel high/low information amidst U.S.A. stocks.  When hundreds of shares are posting fresh one-month lows despite marketplace averages hovering nigh their highs, you lot know there's weakness nether the surface.

With today's drib inwards stocks, nosotros touched a five-day intraday depression inwards the major U.S.A. indexes.  I can't help merely notice, however, that nosotros failed to impress five-day lows inwards many emerging markets (EEM), including Communist People's Republic of China (FXI), Brazil (EWZ), as well as Bharat (PIN).  Until recently, EM equities induce got been downside leaders.  Should that dynamic change, nosotros could meet about fresh increment stories--and property reallocations--on the horizon.

And, speaking of divergences, we've seen cyberspace redemptions inwards the shares of many U.S.A. equity ETFs since the outset of the year, including SPY.  During the around recent weakness, however, nosotros induce got non seen cyberspace redemptions.  What would it induce got to instruct institutional investors dorsum to gobbling upwards equity ETFs?  Perhaps a global increment story, sparked past times fresh EM interest, would create the trick.

On the radar for now--

Further Reading:  Five Ways to Improve Your Trading