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Forget ETFs, Play Emerging Mkts Like This

Thursday, 17 Feb 2011 | 5:40 PM ET

How will escalating unrest in the Middle East impact emerging markets trading? Find out from Ron Shah of Jina ventures.

The unrest has triggered a rotation with money heading out of EM and into the S&P, Shah explains in a live interview on CNBC's Fast Money. That means you can’t play EM broadly with ETFs. Instead you need to be selective.

And here are some of the stocks Ron Shah suggests putting on the radar.

Emerging Market Internet Plays
MakeMyTrip
Baidu.com
Sohu.com

Emerging Market Hi-Tech Plays
Spreadtrum Communications
Longtop Financial Technologies
Embraer
Dr. Reddy's Laboratories

Frontier Market Telecom Plays
Turkcell
PT Telekomunikasi Indonesia

"All emerging markets aren’t going to go up in tandem and drop in tandem," adds EM trader Tim Seymour. "If you believe in the EM story, you’ve got to pick stocks."

Trading the Globe
Insight on how escalating unrest in the Middle East will affect emerging markets trading, with Ron Shah, Jina Ventures.


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Trader disclosure: On Feb 17, 2011, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s "Fast Money" were owned by the "Fast Money" traders; Seymour Owns (AAPL); Seymour Owns (BAC); Seymour Owns (F); Seymour Owns (FCX); Seymour Owns (FXI); Seymour Owns (INTC); Seymour Owns (SBUX); Adami Owns (AGU); Adami Owns (C); Adami Owns (GS); Adami Owns (INTC); Adami Owns (MSFT); Adami Owns (NUE); Adami Owns (BTU); Terranova Owns (VRTS); Terranova Owns (C); Terranova Owns (UPL); Terranova Owns (GM); Terranova Owns (MS); Terranova Owns (SLXP); Terranova Owns (BAX); Terranova Owns (TEVA); Terranova Owns (CVI); Terranova Owns (RSX); Terranova Owns (SU)’ Terranova Owns (CNQ); Jon Najarian Owns (AMD), Is Short (AMD) Calls; Jon Najarian Owns (AKAM), Is Short (AKAM) Calls; Jon Najarian Owns (CLF), Is Short (CLF) Calls; Jon Najarian Owns (JOYG), Is Short (JOYG) Calls; Jon Najarian Owns (NVDA), Is Short (NVDA) Calls; Jon Najarian Owns (SPWR), Is Short (SPWR) Calls; Jon Najarian Owns (WMB), Is Short (WMB) Calls; Jon Najarian Owns (AKS), Is Short (AKS) Calls; Jon Najarian Owns (ANF), Is Short (ANF) Calls; Jon Najarian Owns (CSTR), Is Short (CSTR) Calls; Jon Najarian Owns (JNPR), Is Short (JNPR) Calls; Jon Najarian Owns (RAX), Is Short (RAX) Calls; Jon Najarian Owns (X), Is Short (X) Calls; Jon Najarian Owns (APA), Is Short (APA) Calls; Jon Najarian Owns (NBR), Is Short (NBR) Calls; Jon Najarian Owns (AKS), Is Short (AKS) Calls

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For Ron Shah
***No Disclosures

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For Brian Stutland
Stutland's Firm Is A Market Maker In VIX Futures And Options Holding Positions

For Gary Shapiro
***No Disclosures

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***No Disclosures

For Dennis Gartman SOT
Funds Managed By Dennis Gartman Were Long Gold On 1/28/11

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An Employee Of Bernstein Owns (AAPL)
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  Price   Change %Change
S&P 500
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EEM
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TCELL-TR
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DRREDDY-IN
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EMBR
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SOHU
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BIDU
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