Covid may be making another global run. We could be seeing it in the Emerging Markets Fund (EEM) which topped in Feb and is lagging the US major market averages. If Covid worsens the countries making up EEM (see below) the index should be watched for signs of a March 2020 deep dive. A break below $51.50 could open the floodgates. During the period between Jan-Mar 2020 EEM fell 33%. A like decline now takes it from $50 to $35 in the next few months. Aggressive trade with rich potential reward. EEM Sell Pending on a close below $51.50 (currently $52.40) Option: Sep 17th $51P (currently $0.95-0.97) Target by Sep expiration: $45 (6X gain). Stop: $55 EEM by Country
