This video provides the intermediate & long-term outlook for global stock markets via various ETFs. Covered the major developed markets as well as EEM (emerging markets) and a few other countries. ? playback speed can be increased in the settings to reduce video duration Bottom line: The intermediate to longer-term outlook for nearly all global equity markets appears clearly bearish & at this point, it appears to me that although some global markets are still above trend (with some having already broken down) the upside potential in equities is overshadowed by the downside risk in the coming months.
Going forward, I plan to do regular updates covering the most attractive sectors, commodities and/or countries as well as the most bearish (for short trading opportunities). In doing so, I will cover the tracking ETFs, which may help less active traders & investors, as well as those the prefer the simplicity & diversity afforded by trading or investing in ETFs vs. individual stocks. The diversity provided by the various holdings within an ETF can also be particularly useful when trading during earnings season, which is currently underway, as the risk of being caught on the wrong side of an earnings-induced gap [...]
An overview of the active long trade ideas plus several other long trade ideas that look compelling at this time, both swing trades as well as longer-term Growth & Income trade ideas. The video starts out covering the Active Long Trade ideas, followed by about 9 unofficial but compelling trade ideas. For those wising to skip ahead to a particular trade, the following stocks are discussed in this order: ABY, LL, MOS, NAT, PEIX, POT, SOYB, WMB, NRF, SPLS, CSX, BBD.B.TO, FXI, RSX, EWA, & EWC.
As a follow-up to Sunday's Global Equity Markets Overview video, two of the three of the countries that I had highlighted as setting up bullishly have since made clear breakouts of the patterns and/or resistance levels that were highlighted. $TSX (Toronto Stock Exchange) has broken out of the bull flag pattern that was highlighted in Sunday's video. One way for those of us 'yankees' to gain direct & diversified exposure to Canada is through EWC is the iShares MSCI Candadian Index Fund ETF. I also plan to scan for any attractive $TSX listed stocks this week, with any standouts to be [...]
An overview of global equity indices concluding with a brief overview of precious metals & commodities, as it appears the most constructive charts are from countries with a large exposure to commodities.
Member @double-r likes to trade the 3x leveraged ETFs of Russia (RUSS/RUSL) and China (YINN/YANG) and asked my opinion on the charts. As I prefer to use the 1x (non-leverage) ETF for analyzing the charts & determining my entries & exits when trading leveraged ETFs (as the decay from the leverage renders an distorted picture of where past interactions with buyers & sellers occurred) here is my daily chart & thoughts on FXI (iShares FTSE/Xinhua China 25 Fund ETF). FXI daily April 5th FXI recently broke above this bullish falling wedge pattern & reversed off major resistance (orange line). [...]