International Intrigue

For the past month there was a large spread between the best and worst performing international market The Malaysian stock market (EWM) has outperformed the other 27 markets in the list above. Russia (RSX) comes in last as it did last month. In my post one month ago, we saw Russia (RSX) and Brazil (EWZ) at the bottom of the list and they have have maintained their poor performance through the following month. Spain (EWP) and Switzerland (EWL) were at the top of the list last month and have maintained their positions toward the top of the list in the most recent month. I will have to do some testing to see if there is reasonable potential rotating into the top few markets each period. (And, perhaps shorting the bottom few markets.)