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July 24, 2007


Stock Du Jour (VWO) & Random Observations

So-so positive morning, a burst of selling before 2 PM, recovery but then a sell-off into the close.

Notable New Lows: Every homebuilder out there: MTH, RYL, HOV, BZH, KBH, PHM, LEN, DHI, CHCI; maybe 50 “Bancorps” including Wachovia (WB), lots of REITs — do you see a theme here? ;-) And Netflix (NFLX).

Notable New Highs: Lots of Oil Services (OIH, HAL, RIG, NE, DO, etc.), Emerging Markets (EEM, VWO), China (GXC, CAF, FXI), Cisco (CSCO), and Navteq (NVT).

I’ll feature a weekly chart of the Vanguard Emerging Market ETF (VWO) since its debut in March 2005.

VWO

This entry was posted on Tuesday, July 24th, 2007 at 7:36 am (utc+8) and is filed under Trading and Investing.

3 Responses to “Stock Du Jour (VWO) & Random Observations”

  1. BL said:
    July 24th, 2007 at 12:58 pm

    CM: I’m licking my chops over TASR’s gap up and fade back 3 pts. How does one go about fading the gap and not get caught up in a reversal?

  2. C. Maoxian said:
    July 24th, 2007 at 2:56 pm

    BL: You just have to figure out how much money you want to lose and set your stop accordingly.

  3. iShares MSCI Emerging Markets Index (EEM) | Neural Market Trends said:
    July 25th, 2007 at 12:02 am

    […] MSCI Emerging Markets Index (EEM) I decided to feature the iShares MSCI Emerging Markets Index (EEM) ETF since Maoxian featured the Vanguard Emerging Markets (VWO) ETF. The emerging markets have beenon fire and I suspect they’ll remain this way until they stop. I do find one bit of difference between the two ETF’s, EEM has an expense ratio of 0.75% vs 0.3% for VWO. […]

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