User 136503

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    • Sun Apr 6th 11:58 AM | Rating: 0 0
      Commented on:
      Swiss ETF (EWL): Are Swiss Stocks "Decoupling" from U.S. Stocks?
      I find it rather odd that this article was written without a reference to the Swiss Market Index. If you visit a site, say Yahoo, and pull up the chart of the Swiss Market Index, you will see that the Swiss Market is indeed, in very much a bear market when priced in Swiss Francs (and not in US Dollars as EWL does) and that a quick look at the chart would suggest steering clear of Swiss stocks until a firm bottom has been established. Here is the link to the chart:

      finance.yahoo.com/q/bc...

      With that note, I do agree with the author that the real rise in the EWL ETF fund is primarily due to the rise of the Swiss Franc. Imagine how this fund would have performed if the Swiss Market Index had been in a rally mode. With that said, an investor would have been much better off owning the Swiss Franc (Currency fund ticker is FXF) rather than buying EWL. The difference would have been a 2.5% profit on EWL (year-to-date) versus a 12% profit from just owning the Swiss Franc (year-to-date).

      I also think it is worth mentioning that while our Federal Reserve Bank's Plunge Protection Team is buying Dow & S&P futures on the market (to manipulate our stock charts so that a double bottom pattern has been falsely formed), the Swiss Government has a strong reputation for not manipulating their indexes. A look at the Swiss Market Index will show that no double bottom occurred in this bear market and the trend remains firmly downward. Many traders I know now look to the Swiss Market Index to see where global trends are in the market as the US indexes are believed to be too manipulated by our central bank to be used for charting purposes.
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    • Sat Apr 5th 14:08 PM | Rating: 0 0
      Commented on:
      Global P/E Ratios: How the U.S. Stacks Up
      Answer for Twinturbo11: Regarding where one finds Global P/E ratios, it is very difficult to go to each individual index to locate the respective P/E ratios. If you noticed at the heading of this article, the author identified the ticker symbols for the country ETF funds that are produced by Barclay's Ishares. If you go to the Ishares Web site at ishares.com, you can look up the individual country ETF funds and locate the P/E ratios for that fund. This is probably an easier way to obtain this information. For example, the ticker EWG is identified above, which is the Ishares ETF fund for the German market. Glancing at that detailed page, you will find the P/E ratio. Below is a link to that fund. Thus on one site, you can find the closest thing to obtaining all the major country P/E ratios. Hope this helps.

      www.ishares.com/produc...

      George
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