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Monday
Nov262012

Global Stocks Rebound

Below we have run the 30 largest country stock market ETFs through our trading range screen.  A description of how to read the charts is listed below the screen, but basically, the black vertical line is each ETF's 50-day moving average, and moves into the red or green zones are considered overbought or oversold.  

The US has had a nice rally over the last week or so, but most other countries look even better.  Of the 30 country ETFs listed, 18 are above their 50-days, while 7 are actually overbought.  The S&P 500 tracking SPY, on the other hand, is just barely above oversold territory.

Bespoke 50

If you are an investor who is looking for new stock ideas?  Each week we publish "the Bespoke 50," a list of our favorite growth stocks in the Russell 3,000.  To make the list of 50, a stock must have strong earnings growth prospects along with an attractive price chart based on Bespoke's proprietary fundamental and technical analysis.

The "Bespoke 50" is released on a weekly basis, and in it you'll find the 50 stocks that made the cut, price charts for each of them, and an Excel file that you can download as well.

If you're interested in finding the 50 growth stocks that Bespoke finds most attractive, become a Bespoke Premium member today.  Click here for a 5-day free trial.