VEU World Stock Market EX US Double ToppingThe last time World Stock Market EX US Was August 2007. Long term previous highs like this
are always points of interest for a potential reversal.
Key stats
About Vanguard FTSE All World Ex US ETF
Expense ratio
0.08%
Home page
Inception date
Mar 2, 2007
ISIN
US9220427754
The fund is passively managed to offer plain vanilla exposure to the global ex-U.S. equity space. The index may hold large- and midcap stocks of companies located in developed and emerging countries outside of the US. Index constituents are categorized based on the Industry Classification Benchmark (ICB). Holdings are weighted by float-adjusted market capitalization. The portfolio is reviewed semi-annually in March and September.
Classification
What's in the fund
Exposure type
Finance
Electronic Technology
Stock breakdown by region
Vanguard FTSE All World-Ex US ETF - Bearish HarmonicVanguard FTSE All World-Ex US ETF - Short Idea based on Bearish Harmonic.
Everyone Believes What They Want to BelieveRealty != Belief
The secret to this market is to lower your expectation continually.
Bulls do not realize they are sitting in the largest bull trap ever setup.
Macro bottom still pending... it's more of the same: drop, consolidate, drop.
A wise Bera once said:
Resistance is infinite and unbou
S&P 500 (SPX) vs Vanguard All-World ex-US (VEU)Comparing the US (SPX) vs the World. VEU seeks to track an index that consists of companies located in developed markets, including Europe, the Pacific, and Canada, and in emerging markets.
VEU World Stock Market EX US Double Topping UpdateAgain I repeat, trades take time to develop. VEU is yet another one of my examples
that seeing key areass before everyone else, does not mean you will get paid tomorrow.
It means you will be paid when everyone else sees it too. Which is the point of good analysis.
The Global Stock Market (excluding US) is OverboughtThe Global Stock Market's (excluding US) Monthly RSI is Entering Overbought Territory. While not as extreme as VT, I would be careful about going long here in developed markets or emerging markets. For a while longer, I expect it will outperform the US but I think it will for in upcoming months.
VEU, using most primitive line chartThe index includes approximately 2,200 stocks of companies in 46 countries, from both developed and emerging markets around the world
Frankly, i don't think the weakest in EEM stocks are enough to break this 2009 uptrend line, the developed markets do not fare very well which as a whole contributed
VEU finally shows signs of a bottom. VEU has been in a downtrend for a long time. Positive RSI divergence is finally forming. A breakout of the bull wedge would be bullish long term.
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