Dow Jones/Nasdaq!

[Garpal Gumnut]

It looks as if the markets in New York are set for a fall overnight our time.

I'll be interested to read @bigdog 's report in the morning.

From the WSJ.

gg

 

[KevinBB]

It was a very good quarter for those Australians who chose to keep their money invested in Australian stocks, as opposed to investing in US stocks.

It wasn't that long ago that the US market was performing much better than the Australian market, and (from memory) how the media was telling us to diversify overseas.

How the worm turns.

KH

(Data source: NABTrade)

 

[SyBoo]

Fear and Greed Index - Investor Sentiment | CNN

 

[waterbottle]

Does this mean I should be buying? Hmmmm

 

[divs4ever]

Does this mean I should be buying? Hmmmm

i have been carefully buying ( mostly small parcels ) but i am usually out of step with the masses

good luck

 

[qldfrog]

Does this mean I should be buying? Hmmmm

maybe in the US but we are a bit slow so we are nowhere near fear here in Oz, and even further from capitulation

 

[divs4ever]

i am mainly focusing on Australia ( and a bit in Asia/India )

 

[KevinBB]

It was a very good quarter for those Australians who chose to keep their money invested in Australian stocks, as opposed to investing in US stocks.

It wasn't that long ago that the US market was performing much better than the Australian market, and (from memory) how the media was telling us to diversify overseas.

How the worm turns.

KH

Further to my post of 1 April 2022 (see above): The benefit of staying local is again shown by this end-of-week comparison between the Australian and US markets.

AU is jumping all over the US at the moment, and has been for quite a while.

Those smarter than me might want to convert the figures to AUD, however my interest in this is only in the raw index statistics.

KH

(Data source: NABTrade)

 

[KevinBB]

The differences are also clearly shown in this table. The Australian indices (except for XTO) are still well off their January lows, whereas the US markets are hitting new lows on a regular basis.

Its a bit hard to isolate why XTO has performed worse than the other three major Australian indices over the last little bit. One theory is that XTO has contained more tech related stocks (on a relative basis) than the larger XTL and XFL, so when markets dropped, XTO went with them. Again, those smarter than me may have a different opinion.

KH

(Data source: NABTrade)