July 8, 2025

By Nigam Arora

To gain an edge, this is what you need to know today.

Strong Global Bull

Please click here for a chart of Korea ETF (EWY).

Note the following:

• The Morning Capsule is about the big picture, not an individual ETF.  The chart of EWY ETF is being used to illustrate the point.

• The chart shows how strong the global bull is in stock markets across the world.

• The chart shows that stocks in South Korea rallied after Trump imposed huge tariffs on South Korea.  Stocks in Japan also rallied after Trump imposed huge tariffs on Japan.
• The chart shows the Arora buy signal near the April lows on Korea ETF EWY and huge gains since then that are beating the S&P 500 (SPX).