Top Advisors Corner

David O. England: Ask the Professor... December 2, 2016

David England

David England


Professor, with the post election rally, what charts are you watching to signal global opportunities?

Great question. Many Global economies have enjoyed a post-US Election rally and may provide trading opportunities when the momentum slows.  One of my favorite charts tracks the seven largest global indexes plus the Indian and Italian Indexes.


Per the chart below, you can see the Index performance year-to-date.  Brazil is the leader while the Italian Index is the laggard.  Many overlook the value of performance charts, but I consider them a very valuable tool.  Why?  I can see at a glance the strongest and weakest candidates.

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Expecting news from Italy next week, I will be watching to see if $ITDOW breaks under its previous low.  I am also watching the performance leader $BVSP (Brazil) and if any other Global Indexes break under their previous lows.  I love to short underperformers because when panic hits, securities can fall a lot faster than they run. 

Next week, I plan to present a performance chart featuring my favorite ETF for each country to be ready for developing trading opportunities. For additional information on my FREE online trading class, simply go to my website davidoengland.com.

Send your questions to eyeonthemarket@outlook.com.  If selected, you will receive two weeks of my daily posts-on me!  

Plan your work, work your plan, and share your harvest!

DAVID O. ENGLAND is the founder of the Eye on the Market-Training Academy and Associate Professor Emeritus of Finance. This column is presented for educational purposes only and not intended as financial advice.

This information is for Educational purposes only. It shall in no event be construed or interpreted as an offer or recommendation to buy or sell securities of any kind.