Sign in     Like us on Facebook Follow us on Twitter Watch us on YouTube

News and Blog

Join 5000 other sharemarket traders for regular blog updates!

Browse to a category

Blog Search

Spot The Country That Digs Things Up

The chart below is a comparison between the  ASX S&P 200 and the NASDAQ 100. There is a remarkable divergence in perfomance over the past six months. The 200 continues to limp along inside a broad congestion zone that makes it hard for trend followers whereas the NASDAQ 100 continues to power along.

Whether the movement in the NASDAQ is a new bubble inspired by people going damp in the nether regions over Facebook is irrelevant. What is relevant is that is has been going up and it shows what future economies will look like. One day all the stuff we dig out of the ground will be gone and we will be left with nothing but a series of friggen big holes.

email

General Advice Warning

The Trading Game Pty Ltd (ACN: 099 576 253) is an AFSL holder (Licence no: 468163). This information is correct at the time of publishing and may not be reproduced without formal permission. It is of a general nature and does not take into account your objectives, financial situation or needs. Before acting on any of the information you should consider its appropriateness, having regard to your own objectives, financial situation and needs.

email