Nasdaq

Why the FTSE is the dog of the indices

Why the FTSE is the dog of the indices

3 mins. to read

Over the last ten years I’ve been to pretty much all the finance seminars you can imagine. From symposia run by Saxo Bank and SocGen to so-called training organised by people who, when you get there, it becomes obvious don’t trade. For example, one presenter was gaily saying that if he had a spare 15…

Is the Dow Jones Rolling Over?

Is the Dow Jones Rolling Over?

3 mins. to read

I wrote about the US market on 7th July and the subject perhaps deserves revisiting now. The Dow Jones has developed an interesting pattern. It’s basically ‘rolling over’. I’ve marked the rolling on the chart in black. Remember it’s been six years of rising prices now, and although the US economy still appears one of…

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