The US Dollar Index (DXY) has gotten off to a rip-roaring start to 2024. Up more than 2% on the year, the greenback’s ascent comes after significant declines over the final handful of months in 2023. That is usually a headwind for equities, particularly shares of companies domiciled overseas. Not surprisingly, we’ve seen many foreign index funds suffer relative to...
AMEX:SPY TVC:DXY AMEX:EFA The opportunity presented by a falling dollar: These are simple Yearly Candles. The chart depicts how the falling dollar can provide outperformance in foreign equities vs domestic equities. The top chart is simply a chart of the dollar index. The middle chart is EFA vs SPY. The bottom chart is that of the EFA. Take notice as the...
VXUS $VXUS Initial Short. TP and SL on chart. Move SL on TP. After TP2, trail with 0.5ATR step and 1.5ATR offset.
VXUS is an ETF issued by Vanguard that seeks to track the FTSE Global All Cap ex US Index, which measures the investment return of stocks issued by companies located outside the United States. VXUS holds 7760 stocks, with net assets totaling $416.8 billion and an expense ratio of only 0.08% this ETF is extremely attractive for exposure to mostly large cap global...