Global Equities Falling Through Support

Bill Luby submits: The U.S. markets may look ugly right now, but the global picture is even worse. Pull up a chart of the South Korean KOSPI if you really want to see an ugly market. For an ETF with global perspective, I am a fan of the iShares S&P Global 100 Index ETF (IOO), which is comprised of 100 large cap (average $10 billion) multinational companies that are selected based on the firm’s percentage of foreign assets, revenues, and employees. For more details, check out the S&P 100 holdings.Complete Story »