Why the big picture is critical – especially now: Nearly all global Stock markets are back in uptrends (rising 200dmas). This condition defined all Bull Markets in history. It's one of the strongest readings ever – usually seen at the start of Major advances. Follow the trend. pic.twitter.com/vnew2jU9hG — Macro Charts (@MacroCharts) February 17, 2021 […]
Chart of the Day – Thursday, December 17th, 2020
Comment: global equities. All major segments surpassing prior cyclical top. Not bearish. pic.twitter.com/sJbswOMGRZ — Mark Ungewitter (@mark_ungewitter) December 17, 2020 Today’s Chart of the Day was shared on Twitter by Mark Ungewitter (@mark_ungewitter). The chart shows the S&P 500 over the past two years, along with three other global equity ETFs – Developed Europe ($VGK), […]
Chart of the Day – Thursday, December 10th, 2020
$EEM vs. $SPX Emerging Markets vs. S&P 500 New relative highs. pic.twitter.com/9SPLXafKKO — Adaptiv (@adaptiv) December 10, 2020 Today’s Chart of the Day was shared on Twitter by Adaptiv (@adaptiv). It’s a ratio chart of Emerging Markets vs. the S&P 500 over the past 2.5 years ($EEM/$SPX). Emerging Markets have persistently underperformed the S&P 500 […]
A Trip Around Europe
I was on my Honeymoon in Europe recently. We visited Paris, London, Brussels and Amsterdam and saw some truly amazing sites. It also prompted me to find some equally fantastic charts of European assets – which I only looked at during travel time, on the trains and planes, of course. But seriously, as someone […]
Global Equity Indexes Are Ready to Breakout
In yesterday’s Chart of the Day, we highlighted the Dow Jones Industrial Average ($DJI) trying to resolve above its key resistance level around 27,000. In the post, Patrick explains this level represents a logical area of interest among buyers and sellers as it coincides with the 261.8% Fibonacci extension measured from the Great Financial Crisis […]