2024-03-29 06:50:12 ET
Summary
- US stocks outperformed international stocks in Q1, with the S&P 500 returning close to 10% and the ex-US index returning near 5% through March 27.
- The Vanguard International High Dividend Yield Index Fund ETF kept pace with US large caps over the back half of the quarter, suggesting better relative strength.
- VYMI's technical situation has improved, with growing assets, low valuation, and positive momentum indicators, making it a strong value investment.
- I highlight key price levels on the chart to monitor.
It was a strong quarter for stocks at home and abroad. While the S&P 500 returned close to 10%, the ex-US index, as measured by the Vanguard FTSE All-World ex-US Index ETF (VEU) returned near 5% (data through Wednesday, March 27)....
Read the full article on Seeking Alpha
For further details see:
VYMI: Foreign Blue Chips Participating In The Rally, More Upside Expected