The real market story continues to be overseas where some markets are still moving much higher. These include eclectic names to most investors like Bahrain, Saudi Arabia, Israel, Turkey, Budapest, Norway, Argentina and Chile to name a few.
Investors who don’t have more than a token exposure to either Emerging Markets or established overseas markets are missing the boat. Overseas oriented ETFs trading within the US are roaring. It almost doesn’t matter the region, since almost every overseas ETF sector is pushing higher. The negative is that they’re all overbought from every time period view and keeping up with them is a challenge. The higher they go, the more volatile and dangerous they become. The only reasonable protection is to take some money off the table if you have more than the typical “token