Editor’s Note: While Sam Collins is on vacation, we’ve asked Nick Atkeson and Andrew Houghton, editors of Big Money Options, to provide you with a trade of interest until Sam returns June 1.

Vanguard Emerging Markets ETF (VWO) — When the economy starts to recover, the most economically sensitive stocks begin to move first. The bounce from the March 9 low predominately occurred in the most out-of-favor, beaten-down sectors of the market. Some of it was short covering. But some of the bounce was the realization that many of these companies were not going out of business.

On a worldwide scale, the most beaten-down, economically sensitive countries have bounced the most. The emerging markets, as measured by the Vanguard Emerging Markets ETF, is up more than 64% since March 9.

The velocity and resilience of the recovery taking place in the most economically sensitive areas of the world may signal that the broader market indices are going higher.

Get Sam Collins’ Daily Trader’s Alert e-mailed straight to your inbox each morning before the opening bell absolutely FREE!

In addition to getting instant access to his Trade of the Day, you’ll also receive, in the same e-mail, his Daily Market Outlook so you can start your day off right by positioning yourself for profits!

Click here today to sign up today for Sam’s FREE Daily Trader’s Alert!

Sam Collins is a registered, fee-based portfolio manager who may be contacted samailc@cox.net. You can also check out an archive of some of his most recent market outlooks by clicking here.