Emerging markets are showing signs of momentum

  • Jason Goepfert

    Jason Goepfert

    Published: 2020-07-06 at 13:30:00 CDT

Emerging markets stocks have performed well lately, and indexes have broken away from their 200-day moving averages. Even so, less than 60% of stocks have managed to hold above their long-term averages, and there has been a jump in the number of them being overbought and spiking above their Bollinger Bands.

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