Terry Shaunessy iShares MSCI Eur IMI Idx XEU-T TOP PICK Jan 21, 2015

European markets. Chart looks like it is breaking out. Breakouts are very positive. When you get these long periods of consolidation, they can be quite bullish. You could get quite a bit more upside based on this chart.

He likes this. It is pretty well diversified, but it is unhedged. It is vulnerable to what the euro does. (See Top Picks.)

(A Top Pick Jan 21/15. Up 2.7%.) European banks along with US banks kind of crashed in the 1^st couple of months. He likes this area quite a bit.

XEU vs. XEH European valuations are much more attractive than US ones. Both are great for broad-based European exposure. Look at EUFN to supplement your core holding, a good value play. Very difficult to make an assessment of the Euro to the CAD. Both are around fair value now. He'd lean to the hedged version, XEH. The EM currencies provide the most attractive value right now so, if your risk tolerance allows, he'd look at those equities and unhedge that currency versus the CAD.