DOW Vs All Ords last 10 years
Dow again approaching all time highs, with our market struggling, im not much of a chartist, but the charts look sick for lack of a technical term.
The US market is historically very long because of cheap money, so shorting the Dow might be worth looking at on a short term basis.
And if your really brave a geared short Beta shares US Strong Bear BBUS.AX
As interest rate drops don't seem to be stimulating things anymore, the market seems to be struggling, and the Fed looks like its talked itself into a rise before we get to close to the Presidential elections. so suspect there are plenty of people getting nervous, for no real reason, just that the risk of having exposure to equities in the US probably has more downside potential than upside.
There probably won't be a rational reason it will just happen!
We will just follow them even though we have some great companies now yielding very well.
Click here Dividend stocks
The US is almost back to the high a couple of months ago, this may encourage people to take some money off the table.
But who knows DYOR
BBUS Beta shares US Short below, might be worth a watching, but what do you do with stocks you own? become a trader? hard work so will just watch and monitor.
Long term our ASX market still looks undervalued
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