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These ETFs are Rocking as the Market Rolls over

The U.S. stock market, as well as the European equity market, has done a bearish roll over in the past week and a half, and that’s sent the major averages down about 3% since July 28. The selling last week actually erased the year-to-date gains on the Dow Jones Industrial Average, and the bellwether index now is in negative territory for the year.

European equities also are in the red now for 2014, with the benchmark regional exchange-traded fund (ETF), the iShares Europe (IEV), now breaking down below its 200-day moving average. The chart here shows IEV’s rapid descent since hitting a new 52-week high in early July.

The fall of European equities, as well as the recent downtrend in U.S. markets, might make you think that the bear has invaded the entire globe. Well, if you thought that, then you haven’t been looking far enough to the east.

Read more about Asia’s strong representation in July’s top 10 ETFs at Eagle Daily Investor.

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archive

These ETFs are Rocking as the Market Rolls over

The fall of European equities, as well as the recent downtrend in U.S. markets, might make you think that the bear has invaded the entire globe. Well, if you thought that, then you havenâ??t been looking far enough to the east.

The U.S. stock market, as well as the European equity market, has done a bearish roll over in the past week and a half, and thatâ??s sent the major averages down about 3% since July 28. The selling last week actually erased the year-to-date gains on the Dow Jones Industrial Average, and the bellwether index now is in negative territory for the year.

European equities also are in the red now for 2014, with the benchmark regional exchange-traded fund (ETF), the iShares Europe (IEV), now breaking down below its 200-day moving average. The chart here shows IEVâ??s rapid descent since hitting a new 52-week high in early July.

IEV_080614

The fall of European equities, as well as the recent downtrend in U.S. markets, might make you think that the bear has invaded the entire globe. Well, if you thought that, then you havenâ??t been looking far enough to the east.

Read more about Asia’s strong representation in July’s top 10 ETFs at Eagle Daily Investor.

Newsletter Signup.

Sign up to the Human Events newsletter

Written By

Doug Fabian is the editor of Successful Investing and High Monthly Income, and is the host of the syndicated radio show, "Doug Fabian's Wealth Strategies." Taking over the reigns from his dad, Dick Fabian, back in 1992, Doug has continued to uphold the reputation of the newsletter as the #1 risk-adjusted market timer as ranked by Hulbertâ??s Investment Digest. For more than 30 years, Successful Investing (formerly the Telephone Switch Newsletter) has produced double-digit annual gains. Doug has become known for his expert knowledge and timely use of innovative tools like Exchange Traded Funds, bear funds and Enhanced Index funds to profit in any market climate.

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