I find AMEX:FEZ has been fairly accurate with the cycle analysis. You can see this tracing back on the chart over weeks and it sits almost perfectly with each dip (i've marked major ones in a yellow circle on the cycle).
Feeling very good about FEZ also because the ETF crossed a major resistance which was the Big Red Line.
Big Red line: Dec 07 all time high....
One of the most obvious - yet most overlooked relationships.
Foreign Stock ETFs priced in USD and their relationship to fluctuations in the currency market.
This chart depicts the Euro Stoxx 50 Index ETF (FEZ) which is priced in USD (blue line) and the level of out-performance during bear markets in the US Dollar.
A strong US Dollar will eat away at returns in...
With the May 7 French election this Sunday the IV rank on FEZ today was decent at 46%. A 36/39/42 iron fly on June 16 expiry brought in $155 credit and $145 max loss. Breakevens at 37.45 and 40.55. By Monday morning I expect the IV to deflate quickly. After the first election round the IV in FEZ deflated 10 points when markets opened the next day. I'll...
We have the French election coming up and other than my trades on FXE I didn't have much on play for that.
The IV Rank on FEZ is pretty high at 77 and I am selling the strangle with 30 days to go. After the first part of the election we might get a decent volatility. I am betting that Euro companies won't be impacted as much and I can get paid on the...
Here is my another pick for 2017. FEZ (EUROPEAN STOXX50) is breaking TL from 2014 on weekly chart. Daily is above cloud now. If we get one more dip lower and reverse, i will take a long here. Or another option to wait for break of 33,50. 34.72 is R1 and after that its clear. Can be a good trade with potential target of 45
Running Alpha Capital Markets Intelligence re-iterates its warning posted on Jan 11th, 2016 to Global Investors of an Imminent and Persistent Crash, specifically for Euro STOXX 50 Equity Index ( Symbol FEZ ) .
The benchmark European index, the Euro STOXX 50 should easily retest the crash lows of 2009; USA equity markets do not have a crash signal, but will...
QE has been announced in Europe.
Could it propel the european stock markets to All Time High like what Fed did to US stock market?
Indicator are lining up at the acceleration line.. lets get the stop clock ready..counting down :-)
Big enough decline to suggest some bottom fishing here. But why is it lagging the broad bounce in the US Market?
Stop listed. Upside potential. But only if you Sell Short SPY against a long in FEZ, Dollar for Dollar.
10/23/2014 37.75 +0.87 +2.36%
S&P500 -SPY- Weekly - Red compares to the Euro Stoxx 50 - FEZ - Weekly:
This spread is a new one to me - but seems worthy of some deeper consideration: Look at the performance of the European Top 50 Stocks Index. For 10 years it has gone NOWHERE while the S&P500 is now up 64% over that time frame. Each pays a dividend and FEZ pays a lot more than SPY, but the...
I'm purely bored of Bitcoin at the moment and decided to go to TD to trade. So, today I decided to look at some ETFs.
What I have found is that currently $FEZ is being highly OVERSOLD for whatever reason. The bears may have taken over short term, but it looks like a correction is long overdue at this point. The current bear trend is not valid at this point.