|Bid||44.1900 x 163000|
|Ask||44.2000 x 69500|
|Day's Range||44.1000 - 44.2700|
|52 Week Range||33.9400 - 44.5800|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.72%|
Alibaba Group Holding (BABA) earnings this week were strong as expected, and the short-sellers who borrowed the stock on the hunch that they could sell it back at a lower price were left to lick their wounds. Alibaba shares rose 10.4% on the week, while the Emerging Markets Internet & Ecommerce ETF (EMQQ) and the Vanguard FTSE Emerging Markets ETF (VWO) rose 1.5%, and the iShares MSCI Emerging Markets ETF (EEM) rose 1.8%. The Vanguard EM indexes don't include Alibaba, while MSCI indexes do.
Bond yields are at a historic lower level, and emerging market bonds are yielding lower than high-yield bonds.
By the charts and economic fundamentals, emerging market stocks look ready to run higher, according to Triogem's Tim Seymour.