DAX - Monthly; Massive SHORT, long term.

5 thg 10, 2020

Although accounting for a ~+2% currency advantage over US indexes and for an annual +5%-6% equity (stocks) advantage over US stocks, in general,
all that means is that the DAX will sink somewhat slower/less than it's US counterparts. E.g. one should sell this - SHORT -, freely here, as well.

5 thg 10, 2020

Ghi chú

The difference between U.S. and international valuations is at near-record levels.
hussmanfunds.com/wp-content/uploads/research/rs200705a.png

Here are the CAPE Ratios
hussmanfunds.com/wp-content/uploads/research/rs200705b.png

... and the Sector Weights US vs. International markets.
hussmanfunds.com/wp-content/uploads/research/rs200705c.png

The Euro valuation and subsequent returns;
hussmanfunds.com/wp-content/uploads/research/rs200705e.png

Growth in profitability and earnings versus index returns;
hussmanfunds.com/wp-content/uploads/research/rs200705j.png

Global Stock Markets versus the US;
hussmanfunds.com/wp-content/uploads/research/rs200705k.png

Relative valuations and subsequent 10-year returns;
hussmanfunds.com/wp-content/uploads/research/rs200705n.png

... And most importantly, the Percent of Total Market Capitalization of Developed Markets (ex-Japan)
hussmanfunds.com/wp-content/uploads/research/rs200705p.png

(All graphs thanks to Hussman Strategic Advisors)

5 thg 10, 2020

Ghi chú

What all of the above adds up to is that, as far as full-cycle, equity investments are concerned, the US is in worse shape than the rest of the developed, international markets. However, this all being a race to the bottom, it could end up being a difference without a distinction. (...and Traders shouldn't concern themselves too much with the fundamentals, anyways. Just keep selling the "flavor of the day"!)

7 thg 10, 2020

Ghi chú

Here is the obvious Daily entry point...

SHORT, for this one.

14 thg 10, 2020

Giao dịch đang hoạt động

SHORT

SELL it hard!!

17 thg 10, 2020

Ghi chú

25 thg 10, 2020

Ghi chú

DAX-CAC Monthly

12 thg 11, 2020

Ghi chú

12 thg 11, 2020

Ghi chú

13 thg 11, 2020

Ghi chú

14 thg 11, 2020

Ghi chú

Wanna see the (imminent) future fate of Wall Street's "check mark shaped economic recovery"??...

[ Dr. ] Copper Weekly; "The base metal of economic expansions".
Has anyone ever seen an RSI Divergence ( the size of Montana) like this one, not to mention that perfect, massive H & S on the same RSI? - Text book.

14 thg 11, 2020

Ghi chú

Here is an other clue: Crude Oil

5 thg 1, 2021

Giao dịch đang hoạt động

SHORT