Foreign Markets: Our goal is to have coverage of both developed and emerging markets outside the U.S. The Nikkei 225
index was chosen as the developed market due to Japan's role as a
gateway to Asia, the Nikkei's role as an historical analogue to US
domestic markets, and the plethora of ETFs available to trade this
market. The FTSE/Xinhua25 (FXI) is
followed due to China's importance in the global economy as well as the
fact that long and short ETFs are available for trading.