Comments on: Analysis of Global Stock Market ETFs 10-16-20

By: rsotc

rsotc — Mon, 19 Oct 2020 20:10:03 +0000

In reply to justinNIU06. COVID still with me but slowly (very slowly) getting better. Cough, fever, chills, night sweats, body aches & especially the pain in my thighs (my most annoying, painful symptom) still there but manageable with a steady dose of Ibuprofin. Thx for your concern.

By: rsotc

rsotc — Mon, 19 Oct 2020 20:07:04 +0000

In reply to Nick_SemperFi.

The videos work best for me as I usually pause the recording between securities and/or time frames being covered while I collect my thoughts & review the next chart for the key points I want to cover. Also, I’m now well into at least week 7 of what they are calling “Long Covid”, which is when the symptoms last much longer than the typical 2 week period. In recent weeks, I’ve been pausing the videos dozens of times not to cough into the mic… no good for live streaming.

By: rsotc

rsotc — Mon, 19 Oct 2020 20:02:52 +0000

In reply to dbaldor. I haven't created a watchlist with the various emerging market ETFs although I should & will do if/when I get the time. If I see any countries that stand out, I'll share them. Until then, here's my daily chart of EEM (iShares Emerging Markets ETF). EEM recently failed at the previous major reaction high from back in early January & then went on to break below the minor uptrend line off the 9/25 low. The failure at the 46.32ish resistance was also a divergent high on EEM, similar to the divergent high that was in place the last time the ETF's rally was capped at that level back in Jan just below the 35% plunge into the March lows.

By: Imadaytr8r

Imadaytr8r — Mon, 19 Oct 2020 04:54:36 +0000

In reply to timboz. Nice update! ... if Biden wins get out of there! With Biden and Hunter in China’s back pocket, China will become the Great Pac-Mac in the South Pacific! Bye-Bye Taiwan, South Korea, and Japan!

By: timboz

timboz — Sun, 18 Oct 2020 23:20:34 +0000

thanks Randy! … stuck here in Japan I never thought to research this etf which probably gives me a better overall picture than the usual Nikkei 225 … apparently there is an index called the N500 which charts the new economy companies in Japan that has been breaking out to new highs but I don’t have a good place to chart that index (or trade it) – maybe it is more like the Nasdaq than the usual N225 … unfortunately the handful of leveraged Nikkei etfs are the only good trading vehicles for going long and short the Japan market as a whole here on the Japan Exchanges … Friday was an excellent day to see how flawed the N225 is (like the Dow Jones) – at face value not so bad down only a .5% or so but only 30 stocks were green against 190 red and if you “look under the hood” you see almost all of the green up points were from one single stock that is by far the highest priced stock in the index – approx a 700$ stock when only 8 stocks in the index have share prices above 100$ (evidently favorite clothing store uniqlo reported quarter earnings that were almost break even) … anyway, another general subject … I think I did notice a couple weeks ago that as far as China is concerned the Hong Kong and the Shanghai markets are going in opposite directions – it looked to me like Hong Kong had significantly broken a decades long uptrend line … I don’t think that bodes well for Hong Kong and how China is going to treat the territory in the future …

By: justinNIU06

justinNIU06 — Sun, 18 Oct 2020 05:47:13 +0000

In reply to justinNIU06. Sorry - just heard your cough. Seems u r still struggling. Get better.

By: justinNIU06

justinNIU06 — Sun, 18 Oct 2020 05:44:46 +0000

Randy – not a question. But a comment. U r an animal. Thank u for giving us daily updates while battling Covid. It seems u r better.

By: Nick_SemperFi

Nick_SemperFi — Sat, 17 Oct 2020 06:43:42 +0000

Randy, ever consider switching to or also using Discord server?
Basically it will let you do away with lengthy videos and you’d get us all updates much faster.
Works with subscription also, so only subscribers get access, and we would all get much more timely updates.

By: dbaldor

dbaldor — Fri, 16 Oct 2020 22:17:08 +0000

Thanks Randy for highlighting the different world markets. I think when I next go short I will look very closely at Australia. When you have time can you also cover some of the emerging markets? Thanks

By: rsotc

rsotc — Fri, 16 Oct 2020 19:26:29 +0000

Note, the wrong video link was posted in this morning’s previous post (Early-Session Stock Market Analysis) and has since been updated with the correct link. That video was primarily focused on the very near-term outlook & overhead resistance levels on QQQ & IWM, which has since been hit & caused the reversal in the indexes earlier today. The first part of the video above recaps those levels as well as some support levels below.