India Looking Toppy, China Back at LT Support

Emerging markets are threatening a major breakdown

Reflation Bets

These look like good bullish setups: India and Peru. Maybe a pullback in both though, certainly SCIF looks a bit overbought here, but then again the November drop might be the handle on this cup.

Jeffrey Snider argues the reflation trade is going to have a "show me" moment soon.

Alhambra: The First Real Reality Check?

India Breaks Out

Indian Exit Polls Show BJP Headed for Victory in Record Election

Official results are to be announced by the national Election Commission on Friday for the vote in the world's largest election, which began in April and ended Monday.

A series of exit polls over local television networks on Monday evening projected that the BJP and its allies would win roughly 250 to 280 of the 545 seats in the lower house of the Indian Parliament. If those results are correct, it would put the BJP in a position to form a government.

India is single handedly holding up the BRICs.

There are several India ETFs in the U.s., including EPI, INDY and SCIF.