I'm in the UK visiting my sister for a couple weeks, and I have to tell you—I love it here.
The vibes, the peace, and the sense of adventure just hit different. It never gets old to visit Europe. There are so many incredible places, rich with history and culture, all packed close together.
But for me, it's hard not to think about how these European indexes are moving lately.
They’re all ripping.
From the all-time highs in Germany and the UK to big structural trend reversals in Italy, Spain, and Greece, investors are embracing risk, and it's showing up across the board.
Unlike in the U.S., where tech dominates, these European indexes are built differently. They have a ton of financials, industrials, and even utilities. That’s just how it works here.
So if there’s a chart that deserves all the attention today, I gotta say it’s the European Financials ETF $EUFN.
We’re talking about a massive, decade-long base finally resolving to fresh record highs.
That’s not defensive positioning at all. That’s risk-seeking behavior.
Europe is in play, and if you're not paying attention, you might be missing a big opportunity in some long-forgotten stocks.
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