How about 5 straight up days for iShares MSCI Emerging Markets Index (EEM, quote) ETF after the intraday low set on last Monday’s China induced puke? EEM has given us a great trade. EEM has a free pass to $40.00 before you trim this trade.
Also I wanted to add a trading qualification to my long standing bearish call on the Aussie dollar (FXA, quote).
Take some profits here. It is way oversold. It’s going lower but put it back out there at .9350.