Brazil China And Emerging Markets Hold Major Support

China (FXI), Brazil (EWZ) and the entire Emerging Market MSCI Index (EEM) have bounced off of major technical support levels that reach back to 2006.  This is coinciding with the rebound in commodity stocks.  They should all move higher from here.

Cisco Moving Higher For The Long Term

CSCO broke out of a period of price consolidation in late 2012.  Expect resistance at ~$30.