Tag: market report
Trading insights on share trading, forex trading, cfd trading and options trading. Powerful insights from our Wealth Advisers at PhillipCapital Australia.
Last week may have confirmed a top in the US and the Aussie markets. If this is the case then Santa may not make his way to the markets this year. Alternately if last week was not a top then we will continue to rally on into the first week of January 2017 where we then would set up a larger top to start off the New Year.
Italy has voted a strong NO to the referendum which now adds to the name of this week which is VOLATILITY. For more on this please find attached this week’s US and Australian Stock Market Report.
Just like the wild weather we have been seeing all along the eastern seaboard of Australia the markets have been swinging around wildly. So much so the S&P 500 and the Dow Jones look to be moving in different directions. One of them is leading and the other will follow but which one is which?