Can European stocks recover in the fall?


Surprisingly, the Fidelity Europe Fund (FIEUX, last change: 1.05%) has moved up to the number six position on our momentum screen and has returned 11.41% in the last three-month period. Speculation about the possible exit of Greece does not seem to curb appetite for European shares. We are still on the fence about being all-out bullish on European stocks until FIEUX can break out above its 52-week high.


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