In today’s briefing:
- Europe Breaking Out From 7-Month Base — Buy; Remain Overweight Taiwan, China, Korea, and the U.S.
Europe Breaking Out From 7-Month Base — Buy; Remain Overweight Taiwan, China, Korea, and the U.S.
- We remain near-term bullish since our 4/22/25 Compass, and our intermediate-term outlook remains bullish as well (as of our 5/14/25 Compass), with Int’l Compass reports all echoing this sentiment.
- Our bullish near-term outlook will remain in place as long as the 4+ month uptrend continues on ACWI-US. Remain aggressively long/continue to expect more upside into year-end and the early2026.
- Europe’s EURO STOXX 50 is breaking out from its 7-month base, above the crucial 5500 level, and RS is attempting to reverse its 5-month downtrend — buy.
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