US Stocks Outperforming the World’s Equity Markets

US Stocks Outperforming the World’s Equity Markets

US Stocks Outperforming the World’s Equity Markets


US stocks are outperforming  the other major overseas stock indexes for the past 8 months.

The positive trend began when President Donald Trump started his “America First” campaign aimed at making free trade fairer trade with America’s major trading partners.

During this current leg of the Bull market American investors are investing in America and American stocks, suggests that the USD and US stocks are seen as the winners in a trade war.

We like the Small Caps in here

Here are the YTD performances of the S&P 500/400/600 stock price indexes: 6.0%, 5.0%, and 13.4%

The Small Caps may be getting a bigger after-tax earnings boost from the Trump’s tax cuts than larger corporations.

Monday, the S&P 500 advanced 0.2%, closing higher for a 3rd session running. The benchmark index is now just 0.6% below its 26 January record high.

The DJIA rose 0.4% hitting its best mark since early February, and the NAS Comp added 0.1% on the day.

The is optimism ahead of resumed trade talks between the US and China that begin Wednesday, helped drive the Bullish bias on Wall Street and push overseas stocks up.

China’s Shanghai Composite rallied 1.1% Monday, rebounding off of 2-year lows, and Germany’s DAX led the way in Europe with a gainer of 1.0%.

The S&P sectors: 8 of 11 finished Monday in the Green, with consumer discretionary (+0.6%), industrials (+0.6%), energy (+0.7%), and materials (+0.7%) were the Top performers.

The Top-weighted IT (information technology) sector (-0.2%) under-performed, keeping the S&P 500 from marking an all time high.

Monday, the major US stock market indexes finished at: DJIA +89.37 at 25758.69, NAS Comp +4.68 at 7821.03, S&P 500 +6.92 at 2856.79

Volume: Trade on the NYSE came in at 635-M/shares exchanged

  • NAS Comp +13.3% YTD
  • Russell 2000 +10.6% YTD
  • S&P 500 +6.9% YTD
  • DJIA +4.2% YTD

HeffX-LTN’s Major US Stock Market Indexes Technical Analysis

Date Symbol Price Technical Analysis Support Resistance
20 August 2018 QQQ 179.7 Neutral (0.12) 177.67 179.73
20 August 2018 DIA 257.43 Bullish (0.41) 254.64 260.12
20 August 2018 SPY 285.67 Neutral (0.24) 283.57 286.50

Stay tuned…

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Paul Ebeling

Paul A. Ebeling, polymath, excels in diverse fields of knowledge. Pattern Recognition Analyst in Equities, Commodities and Foreign Exchange and author of “The Red Roadmaster’s Technical Report” on the US Major Market Indices™, a highly regarded, weekly financial market letter, he is also a philosopher, issuing insights on a wide range of subjects to a following of over 250,000 cohorts. An international audience of opinion makers, business leaders, and global organizations recognizes Ebeling as an expert.

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