Emerging markets (EEM) are up 58% last year and 28% YTD, forming a massive base since 2007. The larger the base, the higher in space. Most people are underallocated. The rally is driven by AI (Samsung, SK Hynix) but the asset class is attractive. Must be long.
Honeywell shows a technical breakout with higher highs and higher lows, holding support at $220-225 (former range ceiling now floor). If it reaccelerates and stays above $220, it is an orderly uptrend. Can set trailing stops at $220, close below would be an issue. It is a consistent uptrend worth buying.