Which stock market indices increased during November despite Dubai
Do you know if the whole Dubai issue has made the stock markets close lower or higher at the end of November compared to a month ago? With all the fuss around Dubai, one could easily forget that most stock market indices actually closed higher at the end of November than at the end of October. What does this mean for the Stock Trend Investing investor?
In the beginning of 2010, Stock Trend Investing will launch its membership service. Members will receive on a monthly basis recommendations how to capitalize on the trends in the stock market indices around the world. Till that time, we provide you already with some free insights. Sign up for our free newsletter in case you want to be notified when our new service will be availble exactly.
Now, let’s look at what the Stock Trend Investing system tells us about what happened to the trends in the stock market indices during November.
US Markets
For the US markets, the Dow gives a buy signal but the other indices (Nasdaq, NYSE, S&P 500) tell us to hold. For the Nasdaq and NYSE we still get a very minuscule correction warning. If you want to increase your holdings in the US markets, look first at index funds that follow the Dow Jones.
Gold and India
The Mumbai based BSE (Bombay Stock Exchange) tells us at this moment that there is still a fair chance on a short-term correction. This would be caused by a too high growth in the index during the last 6 months.
Gold is on a roll the last months and actually the whole last decade. We see no indication that this momentum would change. However, the prices have gone above the normal expected trend lines.
European Markets
The three main European markets (FTSE, DAX, CAC 40) tell us to hold our positions. If we see a positive result during December, we will get a buying signal here again.
East Asian Markets
The Hong Kong Hang Seng Index keeps giving positive buying signals and so is the Shanghai Composite Index. Since the Hong Kong index has increased so considerable during the last half year, we still see some short-term correction risk.
The Japanese Nikkei declined again during November as one of the few indices in the world. Our system gives still the benefit of the doubt and tells us to wait and see for another month. However, trend investors who are confident that the Nikkei index will also drop during December, can just as well sell their Nikkei related holdings now.
Overall, for investors who would like to increase their stock market investment, we recommend to look at China indices and the Dow Jones Industrials Index at this moment.
When you are interested to be notified when the new Stock Trend Investing membership will be launched, we recommend you to sign up for our newletter.
Next & Previous Blog Post
- ‹ previous
- 8 of 174
- next ›