Relative Stock Performance

It’s interesting to see how the Aussie market has performed compared with the US. The chart shows the S&P (black line) and the ASX200 futures adjusted for the change in the currency. From the recent peak, the S&P has lost 12% and the adjusted Aussie market has lost 27%. So why the difference? That resources tax? RBA minutes? Weakness in …

One for the S&P Bears…

I just read something interesting regarding the current outlook for the S&P. Keep in mind that no matter where we are in the market cycle, there are always extreme bears and extreme bulls. One must keep individual views or stats in the right perspective. However, these are some interesting numbers. The 200 Day Moving Average is often used as a …