9 Minute Read

Tackle Today: Foreign Developed Markets

June 10, 2021

By | No Comments

Overseas stocks are waking up


As you gain trading experience and get more comfortable with U.S. equities and the giant Indexes that accompany them, you’ll eventually begin looking abroad. The Rest of the World (ROW) offers diversification and more opportunity for trade ideas.

In organizing markets outside the U.S., Wall Street uses two main categories: Foreign Developed and Emerging Markets. The first one includes countries like Germany, England, and Japan. Their economies more closely mirror the U.S. The second focuses on the so-called BRIC countries: Brazil, Russia, India, and China. They have more potential for growth, but also carry more risk.

What caught my eye and is the reason for today’s focus on companies domiciled outside America, is the breakout in international stocks.

There are many ETFs that track the category but for today’s chart, I’m using the Vanguard Developed Market ETF (VEA). Foreign stocks have seriously lagged their American counterparts over the past decade. But they’re starting to get their act together. With this month’s push, VEA has finally eclipsed its 2007 peak.

Here’s to hoping this signals a renewed bull market or at least some much-needed catch-up that allows foreign stocks to finally start pulling their weight.   


Chart of the Day

New Record Highs for VEA

Foreign developed stocks have finally taken out their 2007 peak. It only took 14 years, but who’s counting?! The new highs are simply the latest in a string of milestones for the stock market. It could be a good omen for international equities moving forward.

Video of the day

Trade Masters

Coach Tyler defends his title against coach Frank in an excellent edition of Trade Masters.

Traders Lounge 11 AM EST

Join the coaches in this live lounge, ask questions, discuss ideas or just sit back and listen to veteran traders discuss market conditions.

Halftime Report 12:30 PM EST

The Halftime Report starts at 12:30 EST and covers what news is driving the market, chart analysis from the movers and shakers of the day and fun in a way that only Matt and Tim can deliver.

Cash Flow Club 8:30 PM EST

Join Gino Poore as he hosts the weekly Cash Flow Club

Tackle Trading: Financial Freedom is a Journey. Sign up now for a 15-day free trial.

Financial freedom is a journey

The Tackle Today series is brought to you by Tackle Trading.

Sign up now and gain unfettered access to all of the quality content and powerful Scouting Reports that our Pro Members enjoy for 15-days absolutely free with no strings attached and let us show you what your trading has been missing.

# Sign up now for a 15-DAY FREE TRIAL #

Legal Disclaimer

Tackle Trading LLC (“Tackle Trading”) is providing this website and any related materials, including newsletters, blog posts, videos, social media postings and any other communications (collectively, the “Materials”) on an “as-is” basis. This means that although Tackle Trading strives to make the information accurate, thorough and current, neither Tackle Trading nor the author(s) of the Materials or the moderators guarantee or warrant the Materials or accept liability for any damage, loss or expense arising from the use of the Materials, whether based in tort, contract, or otherwise. Tackle Trading is providing the Materials for educational purposes only. We are not providing legal, accounting, or financial advisory services, and this is not a solicitation or recommendation to buy or sell any stocks, options, or other financial instruments or investments. Examples that address specific assets, stocks, options or other financial instrument transactions are for illustrative purposes only and are not intended to represent specific trades or transactions that we have conducted. In fact, for the purpose of illustration, we may use examples that are different from or contrary to transactions we have conducted or positions we hold. Furthermore, this website and any information or training herein are not intended as a solicitation for any future relationship, business or otherwise, between the users and the moderators. No express or implied warranties are being made with respect to these services and products. By using the Materials, each user agrees to indemnify and hold Tackle Trading harmless from all losses, expenses and costs, including reasonable attorneys’ fees, arising out of or resulting from user’s use of the Materials. In no event shall Tackle Trading or the author(s) or moderators be liable for any direct, special, consequential or incidental damages arising out of or related to the Materials. If this limitation on damages is not enforceable in some states, the total amount of Tackle Trading’s liability to the user or others shall not exceed the amount paid by the user for such Materials.

All investing and trading in the securities market involves a high degree of risk. Any decisions to place trades in the financial markets, including trading in stocks, options or other financial instruments, is a personal decision that should only be made after conducting thorough independent research, including a personal risk and financial assessment, and prior consultation with the user’s investment, legal, tax and accounting advisers, to determine whether such trading or investment is appropriate for that user.

Chart Modal

Tackle Trading