How KKM Financial's Dan Deming Is Trading the EEM

The video discusses current market trends, highlighting the S&P 500's attempt at a record high amidst divergences like the Dow's decline and the Shanghai Composite's poor performance. It explores shifting market dynamics, including trade negotiations and the impact of export-import changes. Specialized indexes like the Russell 2000 and SOX index are analyzed, with a focus on the strong dollar's influence. The discussion shifts to emerging markets, noting the strong dollar as a headwind. A trade strategy involving put spreads for emerging markets is explained.

What was the headline number mentioned in the analysis, and why was it considered interesting?

What dynamics are affecting the Russell 2000 index as mentioned in the text?