BigTrends

The India stock market is up huge after election results look to have marked a shift away from Left leaning parties.  Expectations are high there for economic reform, infrastructure growth, increased foreign investment and tax reform.  An India ETF, PIN, is currently up about 20%.    China may be feeling some positive effects from this huge bump, as the FXI is up 4.5% currently.  While this does sound like significant political news, be careful of jumping on board after such a strong reaction has already occurred.  If I had to guess, there will be a settling down/mild pullback after the initial euphoria wears off, but then the uptrend may continue.