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April 15, 2019, 4:00 p.m. EDT

Cash to invest? Here are 3 countries you should consider ahead of the U.S.

Critical information for the U.S. trading day

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By Shawn Langlois, MarketWatch


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Smart money's on China?

The U.S. stock market has proven to be an historic juggernaut, and its stellar performance this year, as this table shows, only solidifies its reputation as top dog:

Or does it?

Investors would be forgiven for feeling jittery heading into an earnings season where sky-high valuations tangle with results that are expected to show slowing growth. So maybe some peace of mind will come with moving investment cash overseas. In that case, Accuvest Global Advisors is here to help .

The investment manager, in our call of the day , just released its latest country ranking and the U.S. comes in fourth, behind China, Russia and Norway.

“China shows positive and improving momentum,” writes Accuvest portfolio manager James Calhoun. “This blends nicely with persistently strong fundamentals and undemanding valuations.”

There are plenty of ways to gain exposure to China, including popular picks like the iShares China Large Cap ETF /zigman2/quotes/208670743/composite FXI +0.22% , the biggest of all Chinese ETFs, and the iShares MSCI China ETF /zigman2/quotes/206267952/composite MCHI +0.66% . For a more internet-focused approach, there’s the KraneShares CSI China Internet ETF. /zigman2/quotes/205873167/composite KWEB +0.10%

For Russia and Norway, here are just some of the many vehicles to sift through: The VanEck Vectors Russia /zigman2/quotes/200464876/composite RSX -0.63% , the iShares MSCI Russia Capped ETF /zigman2/quotes/206979425/composite ERUS -1.12% , the iShares MSCI Norway ETF /zigman2/quotes/207533581/composite ENOR +3.49% and the Global X Norway ETF /zigman2/quotes/207101910/composite NORW +3.73% .

Back here in the States, stocks are drifting lower.

The market

The S&P 500 /zigman2/quotes/210599714/realtime SPX +1.44% , Nasdaq Composite /zigman2/quotes/210598365/realtime COMP +1.65% and Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA +1.98%  all traded lower to kick off the week. Crude oilalso declined, as did gold . The dollar /zigman2/quotes/210598269/delayed DXY -0.39% edged higher but was mostly flat.

Europe stocks /zigman2/quotes/210599654/delayed XX:SXXP +1.00% tacked on gains early but finished stagnant. Asian equities /zigman2/quotes/211618636/realtime XX:ADOW +1.46% rallied just a bit, though the Shanghai Composite /zigman2/quotes/210598127/delayed CN:SHCOMP +1.77% gave up gains after rallying at the open on signs the U.S. and China are closing in on a trade deal.

The buzz


Reuters
Tiger Woods celebrates winning the 2019 Masters.

Tiger Woods made a lot of people happy Sunday when he won his fifth Masters title. Perhaps nobody was happier than the folks at Nike /zigman2/quotes/203439053/composite NKE +0.61% . The sponsor that stuck with Tiger through the dark times capitalized on his epic victory by releasing an ad within minutes of the final putt dropping in the cup. Oh, and somebody else is really happy about his win (see “ The stat ” below.)

Goldman /zigman2/quotes/209237603/composite GS +3.15% , continuing the strong run for banks, soundly beat earnings expectations and shares are moving up.

Some Merger Monday action with Waste Management /zigman2/quotes/207732466/composite WM +1.12% announcing a $4.9 billion deal, to buy its smaller rival Advanced Disposal Services /zigman2/quotes/203702325/composite ADSW +0.15% , whose shares are taking off like a rocket.

Huawei Technologies says it’s “open” to selling 5G smartphone chips to Apple /zigman2/quotes/202934861/composite AAPL +3.30% . In a CNBC interview that aired late Sunday, the Chinese tech giant’s founder and CEO Ren Zhengfei said the company would consider selling its next-generation mobile chips to other smartphone makers, in a potentially big shift in strategy. “We’re open to Apple in this regard,” he said.

Read: The future of the smartphone is here, it’s not Apple and it’s disturbing

South Bend, Ind. Mayor Pete Buttigieg didn’t let some freezing rain get in the way of his formally announcing his bid for the presidency on Sunday. “One day they will write histories, not just about one campaign or one presidency but about the era that began here today, in this building, where past, present, and future meet,” he told the crowd . “It’s cold out, but we’ve had it with winter. You and I have the chance to usher in a new American spring.”

/zigman2/quotes/208670743/composite
US : U.S.: NYSE Arca
$ 44.65
+0.10 +0.22%
Volume: 7.48M
July 13, 2020 1:29p
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/zigman2/quotes/206267952/composite
US : U.S.: Nasdaq
$ 74.86
+0.49 +0.66%
Volume: 2.02M
July 13, 2020 1:29p
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/zigman2/quotes/205873167/composite
US : U.S.: NYSE Arca
$ 69.82
+0.07 +0.10%
Volume: 1.45M
July 13, 2020 1:29p
loading...
/zigman2/quotes/200464876/composite
US : U.S.: Cboe BZX
$ 21.30
-0.13 -0.63%
Volume: 1.81M
July 13, 2020 1:29p
loading...
/zigman2/quotes/206979425/composite
US : U.S.: NYSE Arca
$ 34.34
-0.39 -1.12%
Volume: 39,264
July 13, 2020 1:26p
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/zigman2/quotes/207533581/composite
US : U.S.: Cboe BZX
$ 20.01
+0.68 +3.49%
Volume: 23,294
July 13, 2020 1:22p
loading...
/zigman2/quotes/207101910/composite
US : U.S.: NYSE Arca
$ 10.00
+0.36 +3.73%
Volume: 45,969
July 13, 2020 1:11p
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/zigman2/quotes/210599714/realtime
US : S&P US
3,231.06
+46.02 +1.44%
Volume: 1.31B
July 13, 2020 1:29p
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/zigman2/quotes/210598365/realtime
US : U.S.: Nasdaq
10,792.40
+174.95 +1.65%
Volume: 2.51M
July 13, 2020 1:29p
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/zigman2/quotes/210598065/realtime
US : Dow Jones Global
26,590.42
+515.12 +1.98%
Volume: 214.78M
July 13, 2020 1:29p
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/zigman2/quotes/210598269/delayed
US : U.S.: ICE Futures U.S.
96.28
-0.38 -0.39%
Volume: 0.00
July 13, 2020 1:19p
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/zigman2/quotes/210599654/delayed
XX : STOXX
370.50
+3.67 +1.00%
Volume: 0.00
July 13, 2020 5:50p
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/zigman2/quotes/211618636/realtime
XX : Dow Jones Indices
3,232.53
+46.43 +1.46%
Volume: 0.00
July 13, 2020 1:24p
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/zigman2/quotes/210598127/delayed
CN : China: Shanghai
3,443.29
+59.96 +1.77%
Volume: 55.80B
July 13, 2020 3:01p
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/zigman2/quotes/203439053/composite
US : U.S.: NYSE
$ 98.59
+0.60 +0.61%
Volume: 2.28M
July 13, 2020 1:29p
P/E Ratio
62.37
Dividend Yield
0.99%
Market Cap
$152.38 billion
Rev. per Employee
$529,466
loading...
/zigman2/quotes/209237603/composite
US : U.S.: NYSE
$ 212.03
+6.47 +3.15%
Volume: 2.45M
July 13, 2020 1:29p
P/E Ratio
11.50
Dividend Yield
2.36%
Market Cap
$70.69 billion
Rev. per Employee
$1.34M
loading...
/zigman2/quotes/207732466/composite
US : U.S.: NYSE
$ 104.99
+1.16 +1.12%
Volume: 837,692
July 13, 2020 1:29p
P/E Ratio
26.67
Dividend Yield
2.07%
Market Cap
$43.81 billion
Rev. per Employee
$341,281
loading...
/zigman2/quotes/203702325/composite
US : U.S.: NYSE
$ 30.19
+0.04 +0.15%
Volume: 191,889
July 13, 2020 1:29p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$2.73 billion
Rev. per Employee
$256,536
loading...
/zigman2/quotes/202934861/composite
US : U.S.: Nasdaq
$ 396.34
+12.66 +3.30%
Volume: 25.24M
July 13, 2020 1:29p
P/E Ratio
31.02
Dividend Yield
0.83%
Market Cap
$1663.00 billion
Rev. per Employee
$1.98M
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