Emerging Markets Make a Huge Comeback

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 |  Includes: EEB, EEM, GAF, GMF, GML, GMM, GUR, VWO
by: Bespoke Investment Group

Emerging markets were a struggling asset through the first two and a half months of 2011, but they have been on fire since mid-March. Below we provide trading range charts for 8 emerging market ETFs that cover various parts of the world. As you can see, all of them are currently trading more than two standard deviations above their 50-day moving averages (above the red zone) for the first time in at least a year.

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Click to enlarge