FEZ
State Street SPDR EURO STOXX 50 ETF
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EURUSD falls to lowest since early July What does this mean for equities and macro?
How many Americans looking at their 5.7% YTD SPY gains don’t know what this means
TSM - I was right, kind of, and i think there's still more value here.
2022-11-07 Wrinkle-brain Plays (Mathematically derived options plays)
2022-11-01 Wrinkle-brain Plays (Mathematically derived options plays)
Chart-traders weekend update for investors who want to know where markets are headed (purely TA based)
Chart-traders weekend update for swing traders and investors who like to know where markets are headed (totally TA based)
Chart-traders weekend update for major indices (totally TA based)
Making a short/medium term bull case based on technical analysis!
EOW portolio update (8-13): Small portfolio up 39.9% and big portfolio up 36.8% since beginning of the year.
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I would buy index funds like S&P 500 VOO, FEZ Europe , EEM International You’ll sleep better at night and you’ll make money over the long run with dividend reinvestments. I’m up 65% in VOO in a three year period
200% on FEZ, 60% on HTZ (shoutout to the whales I copied those trades on), 190% on AMD, and bought the LWLG dip which I’m already up on. All in all did almost $9K today. Market continues to listen to his BS every Tuesday but if I get gains like this who cares.
FEZ calls *almost* breaking even with the whooping my puts take. Really surprised in a good way lol
Least my FEZ calls are going to print. Still got a month and a half on puts expiry so who says shit won’t kick off then, too.
I’m i’m 70 and I trade Stocks and Options for living. I and I have made many mistakes like that as well. My advice is don’t sweat it you may benefit from your mistake. It’s not the end of the world. Live and learn. Most my gains have come from dollar cost, averaging into S&P 500 funds like VOO, JEPI and some international funds like FEZ , EEM. Every month I buy a few shares of each fund.
I see no evidence that Trump understands economics or the nuances of trade policies. Listening to Howard Lutnick months ago, explaining how tariffs are going to reduce the debt of the country and we’re all going to benefit was a joke. He lied about Epstein and he’s lying about tariffs. Like others on here I’m diversifying out of the S&P 500 . I’m buying more SLV, and mining stocks. Also international funds like FEZ, EEM, VXUS every fund I look at is kicking the ass of the US index funds.
Imagine being Pam, who is bragging on a measly 16% gain on SPY on an entire year. Whereas, EWY (South Korea) is up 137% annually EWZ (Brazil) is 51% EPOL (Poland) is up 52%, TSX 60/EWC (Canada) is up 35%, EWI (Italiy) is up 43%, FEZ (Euro Large Cap) is up 27% I can go on so, so, soo many South American, Asian and European countries whose indexes are boomtown, ripfest, new moon every day compared to SPY at this point. Thank you for coming to my Ted talk.
I bought EWY, EWZ, EEM calls at start of the year. Freakin' EWZ is up 21%, my calls are big chilling atm, may rotate them into FEZ (Europe) or EWJ (Japan) if a bear thesis on Brazil gets louder.
I decided to buy MSTR (Microstrategy) last Friday at the open to play the Bitcoin drop. By the close I had a $2344 gain so I took it. Also, SNOW, VRT, and a European Big cap ETF "FEZ". I'm up about 7,000 on those 3. Still have some left but this is pure speculation on my part.
I go for FEZ Mostly because I can remember the ticker. The "Fezz" in Irish slang means police.
I have a combination of a few ETFs. FEZ, VEA, DXJ, and VNAM
You might want to look at EURO STOXX indices ETFs which track companies from Eurozone countries specifically. SPDR EURO STOXX 50 ETF (FEZ) or iShares Core MSCI Eurozone ETF (HEZU) both focus on EU countries and exclude the UK. The Vanguard FTSE Europe ETF (VGK) is popular but does include UK stocks (about 20%), so it's not purely EU. The iShares MSCI Eurozone ETF (EZU) is probably the closest to what you're seeking - it's focused specifically on EU member states that use the Euro.
Do like the rest of us have done for almost a year, rotate into defensive positions, value stocks, select international ETF, and gold and silver The bubble will definitely burst. Nobody knows if it will happen tomorrow, next year, or later Tickers: T, VZ, D, AES, BRK, DAX, FEZ, UAE, FXI, ILF, AAAU
I'm in markets, just not US markets. It's true that when the US has a downturn so will the world, *to an extent*, but if we kick out Brazil, we kick out China, and they shrug and make deals between one another and thrive without us... how exposed are they, really? I don't know enough about foreign stocks so I got ETFs. * AAXJ & EMXC in Asia * EZU, FEZ (Europe's STOXX 50 top 50 companies), EWL (Switzerland), EWP (Spain) in Europe * IEFA basically "everywhere that is not America".
Yup. My positions in DAX, FEZ, UAE, ILF, and FXI have done great this year
https://i.imgur.com/bZYYQ6e.png Im mid 20s just getting my snowball started. Managed to shash away $10k in my first 6 months at my new job. Up 20% YTD. The gold is hedging against inflation/uncertainty. In a big enough dip I will probably sell it as powder. I am currently adding to my GOOG position to make it my #1 stock and am also adding to UBER to get it into top 3 as those are the two bets I am the most confident in (great companies in great industries at great prices well positioned for future tech trends). After that I'm planning to load up on some more defense and international. In particular looking at FEZ and JPM to fill those roles.
Don't worry about taxes. Sell 10% OTM, 60-90 days DTE, 5-10% premium calls on whatever you don't think will appreciate the next few years (this may be the P/E >50 stocks). You may or may not get assigned. Sell ATM puts on defensive stocks (DOW components, utilities, telecom) when you get cash. Also buy international ETF (DAX, FEZ, ILF, FXI, UAE). Put new savings and cash in SGOV until you have a strong conviction Buying puts is like an insurance you pay for. Personally I think that's a waste of money
Don't do drastic moves, especially not too early. Rotate into defensive stocks (DOW components, value stocks, dividend stocks, utilities, etc.), look internationally (DAX, FEZ, ILF, UAE), put some money into SGOV, buy SQQQ when markets drops aggressively. In your 401k, get out of anything "aggressive" growth and make sure you're not sitting on too much company match in company stock The most important is to reverse all of this in the midst of the recession. The upturn comes quicker than you probably imagine Personally I sell lots of options. I will continue to make profit on that but profits will be much smaller than now If we're going into stagflation (which was one scenario in the beginning of the year and looks increasingly likely) it will be difficult to find any investment beating inflation for almost a decade
Get into TQQQ aggressively next time it's in the $20-$30 range. In the meantime keep some of what you have and add international (DAX, FEZ, ILF, UAE) and SGOV (park all your cash and $70k emergency fund there)
86% of my portfolio is in puts since yesterday, mostly FEZ puts. BUT I am an idiot so maybe calls it is bro
You need to start before the bear market. Many started in November last year but with the current dead cat bounce it's definitely not too late now. Move into value stocks (P/E below 10, usually with dividend too), short term bonds (like SGOV), and shorting growth stocks (SQQQ, TSLQ) With the high inflation, low growth, dollar depreciation environment looming, look into gold and silver, international (DAX, FEZ, ILF, FXI, UAE), real estate, and commodities Buy BRK.B which is well positioned for a bear market Once QQQ starts showing solid growth (in 1-8 years) start buying TQQQ slowly and increasingly aggressively
You don't have to do anything but considering the current macro situation you could diversify from high earnings multiples and an inflated currency to something with better outlook. Look into some international ETF for new deposits to offset some risk. There's a multitude of them but just to mention a few I've been happy with: DAX, FEZ, FXI, ILF, UAE
Some great options: VXUS - basically the whole market outside the US VEA - the whole developed markets (Europe and Japan/Australia mostly) VWO - the whole emerging markets VYMI and VIGI - international high-dividend and dividend growth ETFs: these are large-cap funds tilted slightly towards value, profitability, and lower volatility VT - the ultimate “I just want average returns” stock, it holds essentially all investable stocks on earth weighted by market cap (size), so you could just sell whatever you have, buy this, and call it a day. Some higher expense ratio options you might want for specific purposes: AVDV and AVES - these are well regarded small-cap value funds for developed and emerging markets FEZ and AIA - these are ETFs of the largest 50 companies in Europe and Asia. If your investing thesis is “I like companies that have already cornered the market because they probably have competitive advantages”, this might be for you
Good thinking but two years too late. Keep your VOO. Diversify some with your new deposits. Try some international exposure (DAX, FEZ, ILS, FXI)
You're right but I think you'd expose yourself to unnecessary currency risk and very high earnings multiples. DAX and FEZ have been good in my portfolio this year
how do you like FEZ from here on?
I have recently (a month or so ago) exited a number of positions and bought back in, as I needed to adjust my portfolio for a down payment on a house, and am migrating over to more of a dividend portfolio. AFRM (+50) FEZ (Euro Stoxx 50 ETF) (+4) SCHD (+3) (new within last month) BBD.A (+50) (new within last month) COF (+20) (new within last month) TECK (+13) (new within last month)
People who went for european stocks are probably better off still. If you look at something like NDXEUR, it's still -5.5% and spy5 is -4.26% (in euro). FEZ (stoxx 50 IIRC) is up YTD 25% in USD.
That will unwind too. A lot of us in the USA threw money into FEZ, EUAD, and other Euro stocks. When the USD stops falling, that will unwind too, causing your stocks to fall as we take profits.
How should I go with making my portfolio more efficient? My portfolio has decent diversification, but it probably could be more risk-efficient. My current holdings are NVDA 29% FLIN (FTSE India) 13% SPY 15% SMH 15% FEZ (SPDR EURO STOXX 50) 28% I like my assets and I believe they reflect the way I want to invest: I still believe in American domination and semiconductors while I also want to own some quality companies from Europe and also want to take part in an emerging market (India). The current weights are due to me making some moves and buying the dip in some instances. Now that the prices are up I have a conundrum since I don't know what I really want to hold long term. I'm not really sure how much I want to have in NVDA/SMH since SMH is basically a less riskier version of NVDA due to diversification. 30% in Europe could be a decent weight but especially the SPY, SMH, NVDA weights are the problem. I am in my 20s and I have decided that I won't be liquidating my portfolio for many many years. So I am willing to take more risks than what I currently have going on. If you don't have exact answers, I also appreciate links to any resources. Thanks
"recommend being careful about trading box spreads on options that can be exercised early (American-style)." I'd double check this before going big, but that's an index ETF and those are always European-style. shouldn't be risk there. "why do you want this exposure?" cheaper money, my dude! If you could borrow at 2% rather than 4%....wouldn't you? just for giggles, I put the 1k FEZ box spread out there at 9.30 - that'd be \~3% apr. I'm pretty confident it will expire unexercised. But I also notice Schwab's margin req on that is 2k. Which is stupid. But what it is.
"option-implied interest rates are not *required* to trade at the same level as treasuries" right. I'm clear on that. OTOH, if they drift very far from the corresponding rate, and assumptions about the exchange's ability to enact the trade vs tbill safety remain roughly similar, then market would arbitrage that spread quickly. So presumably they stay rather close. so I think what I'm wondering about is, as a US investor, is there a mechanism for taking a loan via a box spread where the participants in that market would have the same prospective vs Euro bonds. As I type this, the German 10y is trading at 2.44%. The German 2year is at 1.67%. That's more than 200bps below the equiv US bond. SO - from the Schwab ETF scanner (optionable ETFs, 50%+ Eurozone, not leveraged or inverse, diversified portfolio, total assets 100M+) there are 9. Many only have options out till like Oct. doable, but shorter than ideal maybe. FEZ, otoh, lists them out till 15Jan27. 1.5 years. It's also the 2nd largest by AUM (4B), so maybe more volume. And yet - there's very little volume here and the spreads are huge. SELL -2 IRON CONDOR FEZ 100 15 Jan 27 \[AM\] 50/60/60/50 CALL/PUT ToS thinks the midpoint is 9.05, which would be \~4.1%. About what SPX box spreads go for right now. BUT....while this is an ETF that holds things denominated in Euros...the ETF itself and its options are in dollars and traded on a US exchange. I think this is unlikely to produce the desired result. This would need to run on a European options exchange, wouldn't it. that's challenging as a US investor. I looked to see if I could short a short-term Euro bond ETF, but didn't find a way to do that, either. hummmm.
I'd look at the euro etf similar to the S&P 500, like VGK, EZU, FEZ, STOXX. Maybe an INDA, or INDY if you think the tarrifs are 2+ years and India get more transfer directly. I am going rebalance with new funds in portfolio to ~30% EURO/India.
Don't panic one way or another but consider adding some of your savings to FEZ, FXI, DAX, FEZ, ILF. That way you will get exposed to other currencies and markets that might grow better in the near future
Do not put all of your money into one asset or stock. It is very bold and drastically increases your risk. Only professionals can get away with it, as they are more informed and able to properly identify opportunity. (Unless you’re buying SPY then ig it’s ok but still riskier than a diversified account) I recommend the boring approach, buy indexes, preferably SPY, VOO, or SCHD (probably all 3). If you want some direct international exposure, FEZ is a good choice (Euro Stoxx 50). There are other good ETF’s, those are just my 3 favorite. If you intend to hold an asset for 35 years, or until retirement; utilize a Roth IRA. A Roth IRA account is the most powerful account available, by far, hence why there is a maximum income for them. So, if you make less than the maximum requirement, fill it out every year if possible. If you earn too much to utilize a Roth IRA, use a Traditional IRA. If you want something even safer, you can consider a fixed income ETF or purchase a US treasury outright. But these instruments are more aligned with preservation, not growth.
Just as the standard advice for the US is to buy $VOO (or $SPY), the standard advice for the EU should be to buy $FEZ. Automatic diversification rules. If you want to get a bit more fine-tuned, I'd also recommend $EUAD to get into European defense, which is likely to continue doing quite well as more investment is put into that space in light of Trump being, well, Trump.
There are ways to make decent money regardless in which direction we're heading. You expressed not wanting to be too engaged so the pick for you might be to put all in BRK.B and let Warren Buffet figure out what's best If you want to put in a little bit more work, get 5% FEZ, 5% ILF, 5% VZ, 10% BRK.B, and 75% HYSA More risk/reward: Get 30% VZ, 20% AES, 10% FEZ, 10% ILF, 10% BRK.B, and 20% HYSA Revisit your portfolio and rebalance (or rotate into growth) if needed every 6 months
Keep your eyes on the YINN ticker. Anytime it trends upward, the China markets are usually cooking. When it trends down, they are usually getting cooked. Also, I've had my eyes on the FEZ, VGK and DAX lately. When they are cooking, it typically means they are essentially either manipulating something on their end or they simply are ignoring what we are doing here in the US(and gaining organically).
Thank you for all the helpful replies! I’ll add 4 of mine I found that I like: -DAX -DIVI -VXUS -FEZ
Yep, same here. Also got FEZ, which I believe is just euro stoxx more broadly.
I bought SAABY last month and my start DCAing it. FEZ is a bit high now but I’m adding it to DCA in a month or so to gauge volatility. This is all a long game. DCA and ignore volatility for the rest of the administration.
I sold 4 months worth of DCA at the first dip of this administration. Now I’m DCA FXAIX, QQQ and about to add FEZ. Holding RIVN and SAAB for a while. Waiting for GOOG to dip back to $98 which is the last time I bought.
I've been concerned that any pullback in 2025-6 will be more like 2008 than 2020 or 2022. For the last couple of months I've been doing the following: Trimming my margin use by half. Building up my reserves. Sold stocks that I'm not certain I would want to hold until at least 2030. Averaged down those I want to continue to hold (MSFT, AMZN, NVDA, etc). Purchased small amounts of inverses as hedges (TSLZ, SQQQ, SPXS and some others). Purchased some EU etfs (FEZ, EUAD, etc) and looking to expand my overseas holdings.
Makes sense. I did buy some FEZ for some European exposure. I am not knowledgeable enough about bitcoin to invest but can see why someone would. Unfortunately my comfort zone is pretty narrow. US tech and a little retail along w some bonds and money market to get interest hike I keep the dry powder for future purchases.
Check out FEZ. Similar to VGK but does a little better ytd. Emerging also been better than s&p, bought some PXH
Low to moderate risk is anywhere from 100 to 40% bonds. If you’re absolutely going to use it in 6 years like for a house, 100% bonds/treasuries. Only risk is if US defaulting on debt, which would crash the world economy so you’d be fucked regardless of what you do. I would personally do 60/40 stocks to bonds, but 40/60 is also fine. buying the bonds now and then DCAing into stocks over the next 6 months to a year. DCA is objectively less risk for possibly less reward. At the very least, it’s less of an emotional toll and you can just automate it and not think about it. As for the stock allocations, I would say 50/50 VTI/VXUS, or maybe 40/40/20 VTI/VXUS/FEZ if you want a bit more risk with a European tilt.
I did similar, bought BABA, FEZ and PXH beginning of February. Probably buying EWG and FGM tomorrow (both German ETF but a different mix). Which foreign equities have you been buying?
Investment money is exiting US market, going into Europe and Emerging. DAX is up over 21% YTD. FEZ is up over 17%. Even PXH is up over 7%.
Probably an overly simplistic question but would you recommend looking into VXUS, VEA, or FEZ if you had to pick just one? Or something else entirely?
look into FEZ, SPEU or VGK.
Same here in my IRA account. Was 100% in then sold down to 20% in / 80% cash - then bought FEZ - now 60% cash.
Are there any good stoxx600 stock for US investors? Best i can find is FEZ which is the stoxx 50... and SPEU which isn't necessarily the same thing.
FEZ is the Eurostoxx 50, I don't know about the 600.
What’s your take on FEZ and VGK? Sorry, I’m a true beginner investor and trying to diversify outside of US.
What do you think about the French company Schneider Electric ($SU in European markets)? I discovered it in the FEZ ETF today. Seems promising.
Show me the index that is up 20% since the beginning of the year. Those are YTD performances for 2024 so far: SPY 4770 (15%) +7.5% DIA 37690 (15%) +2.6% QQQ 16826 (15%) +6.3% IWM 2027 (15%) +0.4% SPEM 35.41 (10%) +6.3% URTH 133.02 (10%) +6.6% FEZ 47.81 (10%) +7.1% AAXJ 66.57 (10%) +6.3%
Overall nothing wrong really except that trades will get crowded at some point. Sure if the US has the sniffles the rest of the world will have the flu but just look at this years performance YTD FEZ (Europe): +8.1% FXI (China): +7.7% S&P 500: +6.9% NDX 100: +5.3% Beat_the_benchmark
Likewise if you want to increase your EU portion of the non-US 30% you can add shares of the equivalent of FEZ or something similar. It just takes some math to get your percentages how you want them.
Compare the stock performance of Euro companies in an indstry to a US companies in the same industry for a better picture. Overall Europe hasn't performed as well as US companies because there are no AAPL/MSFT/NVDA equivalents. ASML is up 275% the past five years. If there were more European companies like ASML, the five year gap between FEZ and SPY wouldn't be as much as it is is.
>EURO Stoxx 50 ok. that's good to know. i looked it up: The two most popular Euro Stoxx 50 ETFs are the SPDR Euro Stoxx 50 ETF (NYSE: FEZ) and the iShares Euro Stoxx 50 ETF (EUE). Other popular ways to gain exposure to major European stocks include: The Vanguard MSCI Europe ETF (VGK) The iShares S&P Europe 350 Index (IEV) The iShares MSCI EMU Index (EZU)
I own real estate. I have cash in 5%+ accounts. My stocks are just a part of diversified holdings. The S&P500 ETFs are a fine thing to hold, but tech drives the growth of all broad market ETFs. There is no reason for me to hold stocks that underperform. In other environments VOO might be a significant holding for me. I've had it in the past. Likewise within the past year I've had FEZ, KWEB, EWZ... FTSE Europe, China, Brazil, and Japanese ETFs, but they are performing lamely now. Avoid things like VT that is every bad stock in the world and always weighted toward financials regardless of the current environment. If SWTSX is the equivalent of VTI, then yes a mix of SWTSX and XLK would be an excellent portfolio to start with. You get the broad market and then are heavier on what is producing now, tech. Last spring having VTI with energy ETFs like XES or XLE would have been a good way to go. Again, make yourself some paper portfolios with different mixes and reevaluate over time. Don't be in a hurry to be perfect right now. 50/50 with SWTSX/XLK would be a good place to start. Since you are a curious person, over time you might want something more like 45/45/10, with the ten being a variety of things that you try short term.
There is no reason you "should" invest in the EU or anything else. You should look around and use your judgement to evaluate what choices make sense now, in these times, for good reasons. I don't know the equivalent ETF names that you could choose, but some non-US investments are doing well this year, notably GREK (Greece) and EWZ (Brazil). EWJ (Japan) is showing promising life. FEZ (Euro 50) was good earlier this year but has mostly pooped out. GREK and EWZ have done twice as good than the S&P500 ytd; FZ slightly better and EWJ slightly worse. Use the S&P500 as your guide. If something has been doing worse and there is no compelling reason for it to improve soon, don't get it. If something has been doing better than the S&P500, and there is no compelling reason for it to stop doing so soon, then consider putting some money in those things. Unless you hate money, do not just put money in random "international" funds. Make any stock or fund you invest in earn your support by being a peer of our outperforming the S&P500.
What you want to own is your own preference, but VOO certainly is a good choice, and ytd is outperforming the others you mention, except VUG. International is a mixed bag currently. Some country-specific ETF have been doing well like GREK, and EWJ (Japan) has life after a long slumber. FEZ and IMFL were okay earlier thus year but are flatlining now. Geerally I'd suggest you get VOO and then decide to add anything else because _you_ want to, no because anyone else says you should.
[You can fiddle with this](https://www.portfoliovisualizer.com/backtest-portfolio?s=y&timePeriod=2&startYear=2000&firstMonth=1&endYear=2023&lastMonth=5&calendarAligned=true&includeYTD=true&initialAmount=10000&annualOperation=0&annualAdjustment=0&inflationAdjusted=true&annualPercentage=0.0&frequency=4&rebalanceType=0&absoluteDeviation=5.0&relativeDeviation=25.0&leverageType=0&leverageRatio=0.0&debtAmount=0&debtInterest=0.0&maintenanceMargin=25.0&leveragedBenchmark=false&reinvestDividends=true&showYield=true&showFactors=true&factorModel=3&benchmark=VFINX&portfolioNames=false&portfolioName1=Portfolio+1&portfolioName2=Portfolio+2&portfolioName3=Portfolio+3&symbol1=XLC&allocation1_1=14.32&symbol2=XLV&allocation2_1=14.28&symbol3=XLI&allocation3_1=14.28&symbol4=ITB&allocation4_1=14.28&symbol5=FEZ&allocation5_1=14.28&symbol6=VOOV&allocation6_1=14.28&symbol7=VOOG&allocation7_1=14.28&symbol8=VOO&allocation8_2=100) and see just how close you are to VOO. Your sharpe and sortino ratios are worse than VOO. This does not account for fees, which are worse than VOO. Anyone arguing that the S&P 500 does not provide adequate diversification for the lay investor should be ignored. If you're running a hedge fund then that answer is different, but this is /r/investing, we're not doing that here. Personally, my entire 401k is in the S&P 500 and my IRA is in some very different stuff that I play around with and usually don't clear a lot of money on. It scratches the itch to play with stocks but not in financially detrimental way.
When you do, consider the immense logical flaw involved when anything talks about non-US investment in the 20th century. Soviet communism, Iron Curtain economies like East Germany, China before they established their stock exchanges, the Japanese market's complete collapse in 1990 and afterwards... basically international economies have always been far behind the USA, but for some periods you can compare favorably compare western European/Canadian/Japanese markets to the USA, but that is a fool comparison because today broad international stocks do include all sorts of crap that weren't included before. 1980s East German automobile market was not more profitable than the US market was. You are right, broad non-US investment has been terrible this century. A sensible person should avoid it like the plague. That doesn't mean though that _some_ international investment can't be good. For example, FEZ (50 biggest companies in the Euro zone) did quite well earlier this year. IMFL is a broad factor international ETF that is pretty new but its sister OMFL has a longer US history. Several country-specific ETFs have done great this year, like GREK (Greece) and EWW (Mexico). EWZ (Brazil) has great potential and is up 20% ytd. ETC. Yes, avoid de-worsifying your portfolio with thousands of garbage international stocks, but do look around for good opportunities wherever they are globally.
FEZ, EZU. EPOL, EWW, maybe GRK.
There is no "best". "Easiest" would be to buy an ETF that holds foreign companies. Simple examples: FEZ covers the top 50 companies in the Eurozone. EWW is 50 Mexican companies. EWQ is French companies. VT is thousands of non-US companies. While FXI is general China ETF, something like KWEB is the largest Chinese media companies. Etc... tons of these. You can also trade ADRs: "The stocks of most foreign companies that trade in the U.S. markets are traded as American Depositary Receipts (ADRs). U.S. depositary banks issue these stocks. Each ADR represents one or more shares of foreign stock or a fraction of a share." For example the Australian lithium company Pilbara that trades under PLS on the Australian exchange can be purchased in the US (though not on Robinhood) under the PILBF symbol.
It's performance has been poor since its inception, pitiful the past turbulent years, and is a loser ytd while VOO is doing 10% better. It's heavily weighted to financials and oil, which would have made it more of a buy a year ago, but not now. I use VOO as a benchmark. If something hasn't done better than VOO, or have clear reasons to do better going forward, I wouldn't consider it. I don't know the UK equivalents you have, but besides VOO for the US, if you want international exposure consider FEZ, IMFL, EZU or VGK. VGK is a Vanguard product.
> is Schwab's superior International Fund performance enough to move assets over to Schwab funds? Are you unable to buy any other ETFs or mutual funds where you are at? What's stopping you from buying FEZ, VT, EEM or any of dozens of other things where you are?
If you arent shorting Europe Financial sector or market index, you are nuts if you think this doesnt effect the entire world $FEZ $EPV $EUFN $VGK
>Try this: > > > > > >SPX trade taken on 02/27/2023 based on what it will not do based on it’s own historical data. > >Sold a 2500/2000 PUT spread for 04/21/23 expiry > >Quantity: 100 PUTs > >Premium: $700 > >Portfolio Margin: $10,400 > >“No lose since inception” strike is 2480 > >Most, if not all, stock market analysts attempt to predict what a stock or the stock market will do in the future. They use fundamental analysis, technical analysis, and experience to predict the direction and potential levels to be reached before a potential turning point. We, on the other hand, analyze what a stock, bond, ETF, or index is unlikely to do in the future based upon its own historical data. Unlike RSI, Bollinger Bands, or other technical indicators that provide similar information, our measure uses the entire stock/ETF/index trading history to determine what the stock/ETF/index is unlikely to do. > >So what is it ?? > >We have developed a machine learning system that measures a symbols' percentage price change versus time for multiple time periods and compares the symbols recent price behavior to its own past to determine if the current behavior is anomalous. Think of this as a measure of momentum run amok for the symbol. Our experience has shown that there are two levels of anomalous stock/ETF/index behavior that are of interest: (1) When the stock/ETF/index current performance is outside of 99% of all prior instances (this is called a Level 1 overbought or oversold condition) and, (2) When the stock/ETF/index current performance is outside the bounds of all of its prior history (this is called a Level 2 overbought or oversold condition). > >We currently screen 600 stock/ETF/index symbols every day - with more being added each week. These symbols are all traded US stock market exchanges during normal US trading hours. Figure 1, below, shows a subset of symbols screened for February 27, 2023 > >Figure 1. February 27, 2023 Stock Screener Subset > >In the first column of Figure 1, we have sets of 3 rows that have Level 1, Level 2, and Data Since labels. The Data Since rows describe the start date for each symbol associated with the date. For instance, SPX has 1/2/1962 which means that the machine learning system contains SPX data since January 2, 1962 for the computations of SPX (S&P 500). Likewise, the symbol INDY has data since November 23, 2009 for its computations, etc. Next are the rows for Level 1 and Level 2. Let's look at Level 1 first. In the rows for Level 1, a number greater than or equal to 1 indicates that on a price change % versus time basis, the symbol is overbought because it moved farther to the upside and faster than 99% of all other equivalent time periods in its history. These cells are highlighted light blue in the screener data. In the rows for Level 1, a number less or equal to zero indicates that on a price change % versus time basis, the symbol is oversold because it moved farther to the downside and faster than 99% of all other equivalent time periods in its history. These cells are highlighted light red in the screener data file. Level 2 is similar to Level 1 except that instead of 99% of the history, it is 100% of the history implying the stock/ETF/index has never moved that far that fast for any equivalent period of time in the data set. Yellow highlighted cells simply highlight symbols that are near overbought or oversold on a Level 1 or Level 2 basis. > >In Figure 1, we can see that, AGG, SHOP and BAX screened as Level 1 oversold and SLV, FEZ, MMM and BA as almost Level 1 oversold. However, in this article, we are focusing on SPX (S&P 500 Index ) as it is neither overbought or oversold. > >Figure 2, below, shows a chart of the SPX price action over the last six months. > >https://i.redd.it/r43wymmw1wka1.png > >So how can we use this information?? > >The machine learning system that determines the overbought/oversold condition also provides threshold levels that correspond to what the symbol is unlikely to do in the FUTURE based upon where it is trading now. Table 1, below, shows various levels and limits with different probabilities of occurrence for SPX for a subset of future dates. > >Table 1. SPX Upper and Lower Closing Limits through March 21st, 2023 > >In Table 1, above, we show five (5) columns corresponding to "No loss since 1962", "Once Every 30 Years", "Once Every 10 Years", “Once Every 5 Years”, and "1% Raw Data". Under each column header are sub-headers titled "Lower Limit" and "Upper Limit". Under each of these sub-headers are prices that reflect what SPX is unlikely to close below or above for varying probabilities defined the column header. For instance, in the row corresponding to the 03/03/2023 date, we see a lower limit of 2885 and upper limit of 4710 under the No loss since 1962 column header. This implies that SPX closing below 2885 or above 4710 on Friday, March 03, 2023 would be historical (something that's never happened before) on a percentage price change versus time basis. Likewise, for the 03/21/2023 date, we see a lower limit of 3020 and upper limit of 4640 under the Once Every 5 Years header. This implies that closing below 3020 or above 4640 on Tuesday, March 21st, 2023 would be expected to happen once every 5 years. Given that there are approximately 252 trading days every year, once every 5 years corresponds to a likelihood of 1 in 1260 or 0.079%. Finally, in the 1% Raw Data column, the prices reflect a 1% probability of closing below the indicated future lower limit prices or above the indicated future upper limit prices on the corresponding date based upon the entire history of SPX- including what it's done recently. > >So who could benefit from this data?? > >• Options Traders. The primary beneficiaries of this type of information are options traders. By providing closing price levels for a symbol for a given future date, an option trader can write option positions with a known probability of success for both Put and Call options. > >• Long/short strategies. Knowing when a stock/ETF/index has moved too far, too fast is an important input in a buying/selling/shorting decision. This screening decision is done automatically by the machine learning computers on a daily basis. The only thing the computer doesn't do is push the buy or sell button for you. > >• Elliott Wave Practitioners. Elliott Wave analysis can be a powerful tool for analyzing the likely path a stock/ETF/index may take higher or lower. However, there are times when multiple paths may present themselves with near equal probability using Elliott Wave analysis alone. However, many times, one or more possible paths would require the stock/ETF/index to move in a manner that would be unlikely to happen based upon the machine learning analysis. > >• Fundamentalists. All traders have two decisions to make: When to buy and when to sell or vice versa. A fundamental trader chooses to screen companies based upon fundamental analysis and makes buying decisions based upon this decision. However, when does the fundamental trader choose to sell, buy more, etc. The stock screening method explained in this paper can be a useful tool in helping make those decisions with exact price levels.
Shorting the Europoor stock index via FEZ. ECB is not fucking around about rate hikes
This is an abysmal return. You should sell your FEZ calls and invest elsewhere. ^^[**Discord**](http://discord.gg/wsbverse) ^^[BanBets](https://www.reddit.com/r/wallstreetbets/wiki/banbets/) ^^VoteBot ^^[FAQ](https://www.reddit.com/r/wallstreetbets/wiki/votebot/) ^^[Leaderboard](https://www.reddit.com/r/wallstreetbets/wiki/leaderboard/) ^^- ^^[**Keep_VM_Alive**](https://www.patreon.com/visualmod)
I’ve seen some people open credit spreads on FEZ for February expiration, thoughts?
S&P 500 $SPY price change last 6 months: +2.5%. Euro STOXX 50 $FEZ price change last 6 months: +26.8%.
I was wondering why there was large orders on FEZ
# Tickers of Interest - TL;DR **Gamma Max Cross** * [UAL](https://options.hardyrekshin.com/#UAL) 12/16 42P for $2.25 or less * [SLB](https://options.hardyrekshin.com/#SLB) 12/16 52.5P for $2.65 or less * [TELL](https://options.hardyrekshin.com/#TELL) 12/16 2.5P for $0.15 or less * [GE](https://options.hardyrekshin.com/#GE) 12/16 80P for $2.95 or less * [RF](https://options.hardyrekshin.com/#RF) 12/16 22P for $0.55 or less **Delta Neutral Cross** * [GDX](https://options.hardyrekshin.com/#GDX) 12/16 25P for $1.35 or less * [DIA](https://options.hardyrekshin.com/#DIA) 12/16 325C for $8.55 or less * [V](https://options.hardyrekshin.com/#V) 12/16 200C for $6.30 or less * [XLP](https://options.hardyrekshin.com/#XLP) 12/16 72C for $1.70 or less * [FEZ](https://options.hardyrekshin.com/#FEZ) 12/16 36C for $0.80 or less # Trading Thesis - Why These Crayons Taste Better Technical analysis and indicator based trading tend to use past price performance in order to predict important price levels today. This analysis is based on the current option open interest. With that option open interest, it calculates portfolio-level greeks--notably Delta and Gamma. More importantly, once the portfolio level greeks are established, I can now simulate the change in greeks at different price points. From there, I can find the price levels where portfolio-level gamma is the highest, and the portfolio-level delta is close to 0. For some tickers, the underlying price reacts strongly off of delta neutral, gamma max, and sometimes both. It's the reaction off of these price levels in the past that is being used to drive trading signals. The plays and target entry prices given are calculated using a binomial option pricing model that reflect the expected size and duration of the reaction from gamma max or delta neutral. A lot of these plays are profitable by underlying moves in stock. The best plays benefit from the directional move as well as the increase in IV. # Notes - Something to give you a new wrinkle * If the price has moved past the entry price, exercise caution. Something changed between the time these plays were generated and market open. * Look to sell half your position on a double, and freeroll the rest to exit at your discretion. * I tend to risk up to 1% of my total capital on any trades I take. If my conviction is lower, I'll only allocate 0.5% or even 0.25% of my capital to the trade, and dollar cost average in. * The trades were calculated before market open, and so are based on information up to yesterday. Keep that in mind when deciding to enter well after the fact. # FAQ - Because others have already asked. * These plays are mostly puts. Are you a gay bear? * No. It so happens that the companies have had some recent run-up which implies they are overextended. These trades are primarily some form of mean-reversion either toward or away from an important price level. * Are you entering all these plays? * No. There have been a dearth of plays in the WSB morning talks, and so I opened up my bag of tools slightly wider to point out more plays with a probable edge to help lead apes to more gain porn. Go through this curated list of plays, pick the ones you like based on whatever additional analysis you use, and get that gain porn. * You mentioned a new play on the same ticker in the past. What does that mean? * The new play should replace the old play. The old play is likely now invalid and if you haven't entered in, don't chase the price. Remember that a new day's worth of data has been produced and the newer play reflects that data, the older play does not. * Where are the crayons? I only see words. * Click the links above. * Have you back-tested this? * Yes. Results show a moderate Sharpe Ratio (1.7), with an expected win rate of 63% of trades (7% margin of error) * What is the historical performance? * The realized Sharpe Ratio is 1.85 with a 67% win rate. Based on the trade performance so far, there is a 95% chance the expected win rate will be between 49% and 72%. (Stats as of 2022-10-28)
# Tickers of Interest - TL;DR **Gamma Max Cross** * [BP](https://options.hardyrekshin.com/#BP) 12/16 33P for $1.45 or less * [LVS](https://options.hardyrekshin.com/#LVS) 12/16 38P for $2.35 or less * [MRNA](https://options.hardyrekshin.com/#MRNA) 12/16 150P for $12.50 or less * [BX](https://options.hardyrekshin.com/#BX) 12/16 90P for $4.60 or less * [KHC](https://options.hardyrekshin.com/#KHC) 12/16 37,5P for $0.90 or less **Delta Neutral Cross** * [XBI](https://options.hardyrekshin.com/#XBI) 12/16 82P for $4.30 or less * [NU](https://options.hardyrekshin.com/#NU) 12/16 4.5P for $0.30 or less * [FEZ](https://options.hardyrekshin.com/#FEZ) 12/16 34P for $0.90 or less * [IYR](https://options.hardyrekshin.com/#IYR) 12/16 83P for $2.85 or less * [TGT](https://options.hardyrekshin.com/#TGT) 12/16 160P for $7.20 or less # Trading Thesis - Why These Crayons Taste Better Technical analysis and indicator based trading tend to use past price performance in order to predict important price levels today. This analysis is based on the current option open interest. With that option open interest, it calculates portfolio-level greeks--notably Delta and Gamma. More importantly, once the portfolio level greeks are established, I can now simulate the change in greeks at different price points. From there, I can find the price levels where portfolio-level gamma is the highest, and the portfolio-level delta is close to 0. For some tickers, the underlying price reacts strongly off of delta neutral, gamma max, and sometimes both. It's the reaction off of these price levels in the past that is being used to drive trading signals. The plays and target entry prices given are calculated using a binomial option pricing model that reflect the expected size and duration of the reaction from gamma max or delta neutral. A lot of these plays are profitable by underlying moves in stock. The best plays benefit from the directional move as well as the increase in IV. # Notes - Something to give you a new wrinkle * If the price has moved past the entry price, exercise caution. Something changed between the time these plays were generated and market open. * Look to sell half your position on a double, and freeroll the rest to exit at your discretion. * I tend to risk up to 1% of my total capital on any trades I take. If my conviction is lower, I'll only allocate 0.5% or even 0.25% of my capital to the trade, and dollar cost average in. * The trades were calculated before market open, and so are based on information up to yesterday. Keep that in mind when deciding to enter well after the fact. # FAQ - Because others have already asked. * These plays are mostly puts. Are you a gay bear? * No. It so happens that the companies have had some recent run-up which implies they are overextended. These trades are primarily some form of mean-reversion either toward or away from an important price level. * Are you entering all these plays? * No. There have been a dearth of plays in the WSB morning talks, and so I opened up my bag of tools slightly wider to point out more plays with a probable edge to help lead apes to more gain porn. Go through this curated list of plays, pick the ones you like based on whatever additional analysis you use, and get that gain porn. * You mentioned a new play on the same ticker in the past. What does that mean? * The new play should replace the old play. The old play is likely now invalid and if you haven't entered in, don't chase the price. Remember that a new day's worth of data has been produced and the newer play reflects that data, the older play does not. * Where are the crayons? I only see words. * Click the links above. * Have you back-tested this? * Yes. Results show a moderate Sharpe Ratio (1.7), with an expected win rate of 63% of trades (7% margin of error) * What is the historical performance? * The realized Sharpe Ratio is 1.85 with a 67% win rate. Based on the trade performance so far, there is a 95% chance the expected win rate will be between 49% and 72%. (Stats as of 2022-10-28)
>It is certainly possible that the market could crash and you could make money on your FEZ puts, but it is also possible that the market will not crash and you will simply lose money on your investment. There is no certain way to predict what will happen, so it ultimately comes down to taking a risk.
FEZ hold the euro top 50, good yield too. VXUS is good ex us. You're welcome to attempt to match a world index with individual stocks. Good luck and follow up with us on how that goes for you. A lot of them you can't buy unless your from that country. I hold HAWX.
VGK and FEZ puts through October just sayin
Puts on FEZ have paid nicely.
Closed SPY 10/28 puts today at 50+% but now just waiting to reload. May regret letting those go early. Trimmed some FEZ at +120% but still holding some.
No idea why you are being downvoted... We are here to make money, not play politics. Personally I have puts in few ETFs, and that's it. Mainly EWG and FEZ but any liquid ETF with large exposure to the EU is worth it, in my opinion. As for situation... Well, we are in for cold autumn. EU is talking about *mandatory* power reduction, etc.
Short FEZ? I mean Europe’s either ditches the foreign policy and takes energy from Europe or they implode their economy. Pick