Stan Wong SPDR Euro Stoxx 50 ETF FEZ-N BUY Feb 13, 2014

Does not include UK so prefers VGK.

Doesn’t know this particular ETF, but from an overall view, Europe seems to be recovering nicely. The problem with this one is that the UK is at a much higher level of the recovery level than continental Europe, but there is a recovery there. Would prefer something with UK in it.

(A Top Pick Sept 5/13. Up 18.31%.) The ECB has come in and lowered rates a bit more. He still likes Europe. Watching to see what happens in the next couple of quarters, but he feels this is still in a recovery mode.

FEZ-N vs. VGK-N. Europe is cheap, in relative value terms, but he thinks there is another leg down so is not putting new money into Europe right now. He is defensive over all. He likes the ZEW-T because of hedging and covered call.

When you look at Europe, ex the UK, this ETF tracks the largest 50 names in the euro zone. The euro stocks generally speaking are cheaper than the North American indices. Trading at 15X forward earnings, while the S&P 500 is trading at 18X.

He likes European stocks, and thinks Europe is finally healing. There are signs of economic acceleration, earnings acceleration and credit growth. Credit growth is indicating their consumers are getting a little more confident and things are turning in the right direction.

A leading blue-chip index of 11 Eurozone countries. He sees continued economic expansion in Europe.

Great, diversified holding with relatively low MER of 29 bps. Likes European market, trading at a bit of a discount relative to US. Yes, problems in Europe, but so there are all over the world. You want exposure to Europe, he has 15-20% international, mostly in Europe.

This one has 50 of the biggest names in Europe. Europe and Asia would be the bulk of the international markets.