This monthly chart of the Euro STOXX 50 failed to make a higher high in 2017 and has held below trend lines from 2000 and 2007; two very important global…
A simple update noting that like Japan before it, Europe is now making a bullish move vs. the S&P 500. Here is the daily chart of the Euro-hedged HEZU vs.…
The Euro is just a basket case right now. Daily chart... But I am not interested in the Euro so much as I am in ways to benefit from its…
In the age of currency degradation, devaluation and manipulation it makes sense. A couple weeks ago we (NFTRH+) made a bullish projection on Yen-hedged Japanese stocks and now it is…
Add the US dollar to the list of items that are in question and on the move. The green circles show the higher highs and higher lows made by USD since the May low. In June it spiked down, tested that low and then shot higher.
NFTRH+ posts are not calls to action; they are ideas for careful consideration to go along with your own research and views. In this case that goes double, as the Greece/Euro drama plays out well for our projected trade in HEDJ. But there is no need to jump on it right away; not with herds falling all over themselves to get back out after taking the bullish promotions in the spring.
Just a quick note for those who only follow NFTRH.com... There is a post at Biiwii highlighting the basics of two interim macro plays; the prospective second phase of the…
It is getting downright giddy in Euro Land these days, just as NFTRH anticipated when we began writing about the effects of the strong US dollar/weak Euro dynamic back in…
I have positions in both hedged and unhedged Europe, as you know. This was due to the (thus far incorrect) view that the USD would correct and the Euro bounce.…
On Feb. 12 we NFTRH+'d Germany (and Europe in general) and assigned a target to EWG using a daily chart. Here is EWG weekly, trying to get through resistance after…