As a Group, Coal Appears to be Breaking Out & Could Continue to Out-Perform
For some background on our thoughts on coal, please see these previous posts here and here. Since our original post on the group all the way back on August 9th, the DJ Coal Index has risen 22% vs. only a…
Defining Alpha, FXI Has Out-Performed the SPX by 700+ bps Since We Suggested as Much a Month Ago
On September 7th we had a post detailing our thoughts on FXI and our belief that domestically listed Chinese equities were about to begin a period of out-performance vs. the SPX. In that post we specifically noted the following: “A long…...