Discuss all general (i.e. non-personal) investing questions and issues, investing news, and theory.
9 posts • Page 1 of 1
Can someone explain why, like today, international etf's (such as VEU) are up, when all foreign indexes were down the previous night. Thanks!
I don't see an issue with that. They are reacting to the US markets and any other news in real-time. So yesterday, they reacted to US markets which closed last Friday and weekend news. Today they are reacting to everything.
significant US blinkage in trade war.
When you discover that you are riding a dead horse, the best strategy is to dismount.
Perhaps livesoft took advantage today of the drop from the previous night, and others saw it as a signal that there will soon be a rebound and jumped in too.
I made a few trades yesterday to pay for expenses: I sold VTI in my taxable account and a little bit later I bought the same number of shares of VTI (at a lower price) in my IRA after selling some bond fund shares in my IRA.
See also: https://www.bogleheads.org/wiki/Placing ... ed_account
I did call up the trade negotiator and tell them to delay imposing tariffs.
I try to trade Foreign ETFs only when both Europe and New York markets are open. About one hour each weekday if there are no holiday issues.
A scientist looks for THE answer to a problem, an engineer looks for AN answer and lawyers ONLY have opinions. Investing is not a science.
- Advisory Board
- Posts: 38736
- Joined: Thu Jul 26, 2007 9:33 am
- Location: The terrestrial, globular, planetary hunk of matter, flattened at the poles, is my abode.--O. Henry
Because nobody knows nothing.
Annual income twenty pounds, annual expenditure nineteen nineteen and six, result happiness; Annual income twenty pounds, annual expenditure twenty pounds ought and six, result misery.
One could argue that ETF prices are a better estimate of value than the stale prices of a closed market. Also, sometimes green money weakens versus brightly colored money, and that more than compensates for whatever foreign equities did.
You could ask the same question about US equities as follows:
Why are US ETFs up today, when all of the US indexes were down last night?
Of course, it's because ETF prices respond to current conditions. Closing indices from the prior day are just that - a stale indication as to where the market was yesterday.
It's a GREAT day to be alive - Travis Tritt