Is today’s market rebound a selling opportunity? The brunt of the punishment from the global market decline was felt by emerging market ETFs. Asian ETFs specifically were down over 15% in less than two weeks.
Today investors feel a bit of relief as emerging market ETFs are rebounding 2-5%. The questions everyone is asking are, "Is the correction over? And, will we see the global markets regain higher highs?"
A simple guide we recommend is to sell any position that declines more than 8% off its recent high or below its individual 200-day moving average. Taking the guessing and emotions out of investing tends to create a higher level of success.
The opinions and forecasts expressed herein are solely those of Tom Lydon, and may not actually come to pass. Information on this site should not be used or construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any product.