No, I’m not writing about gold today, there will surely be enough digital ink spilled on that topic by other bloggers. Last Monday we identified the support in silver, and the metal has made it it’s b*tch today. Speaking of outperformance….
The S&P 500 ($SPY has been taking emerging markets ($EEM) to the woodshed during 2013. And this is the topic of my TraderPlanet piece for this week.
Here’s a piece:
For the last several months we can see the clear downtrend in the green line, indicating that SPY is rising more or falling less than its EEM counterpart. What’s interesting about this domestic outperformance is what’s been happening in momentum.
Go read the rest: Domestic Stocks Outperform Emerging Markets (TraderPlanet)
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