As you can see from the diversity of international markets hitting new green thresholds, the rotation favoring markets outside the United States remains strong and intact.
Extending this trend, China’s $FXI just made fresh highs to close last week, signaling continued strength.
Looking across the region, South Korea $EWY, Japan $EWJ, and Vietnam $VNM are all showing impressive relative performance.
If the largest market in the area starts to show meaningful momentum, inflows across the region could broaden even further.
The global market theme is clear: new highs are appearing across the board. This is far from a bearish picture.
Markets are moving, and insights matter more than ever.
That’s why tomorrow at 1 p.m. ET, Jeff Macke and JC go LIVE. They’ll break down the latest earnings, potential M&A targets, and the Macke 30 Index—giving you the edge before anyone else. Watch here.