Saturday, August 19, 2017

Three Country ETFs in Strong Up Trends

"Country exchange-traded funds (ETFs) are used to invest in a specific foreign country. The ETF, while traded in the U.S., may be comprised solely of foreign stocks, or it may include alternative investments, such as commodities or foreign currency. It is a simple way to trade and gain exposure to foreign equities.

Three country ETFs have been in strong up trends, and a recent pullback could provide an opportunity to get in before the next wave to the upside begins. Of course, this assumes that the uptrend will continue, but with little signs of weakness so far, the technicals still favor the bulls."

Read more here.

No comments: