ASK ARORA: OPPORTUNITY TO REDUCE GOLD AND BUY BLUE CHIP STOCKS AT A BIG DISCOUNT IS HERE $EZU $HEDJ $SPY $SLV $GDX $TLT $FXY $FEZ $IEV $HEZU $EWQ $EWP $EWI $EUFN
I’m regularly receiving messages from investors who think U.S. stocks are too high.
On Friday I wrote: “Ask Arora: If you think stocks are too high, get ready for an opportunity Monday.” Now the opportunity is here: You can buy blue-chip stocks at a big discount.
After the first round of French election results, you can purchase European stocks that are much cheaper than U.S. stocks. Instead of inundating you with all kinds of metrics, I will let a chart tell the story.
The chart
Please click here for the annotated chart going back seven years. It compares the S&P 500 ETF SPY, with the iShares MSCI Eurozone EZU, and Wisdom Tree Europe Hedged Equity ETF HEDJ. … Please click here or the title below to read more.