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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: berniel who wrote (9598)5/2/2020 11:04:50 AM
From: Kirk ©1 Recommendation

Recommended By
berniel

  Respond to of 26503
 
Yeah, EMs have been tough. I thought I was so smart with huge gains at the end of 2019... with what looked like a breakout to challenge old highs coming in 2020.... It is a good thing I took profits or I would have been negative near the low. It broke support and crashed much like the energy companies... except EMs only lost about a third of their value, much like the S&P 500, while energy companies lost much, much more.

So... maybe small caps AND EMs will be the new leaders..... it would be about time as there is more value in what I hold in these than my large cap US stocks that are doing great.

I added to this too on the decline and have yet to take profits...