Monday, March 9, 2015

Keeping Up With the Dow Joneses

The long-awaited (since 2012) money printing to buy stocks began today in Europe. But as usual, Wall Street has been front-running Central Banks. Again.
That news, and everything else going on in the world, was greatly overshadowed by the release of the new Apple "Watch" to be followed shortly by "Car" and then "House". 

Via ZH:



Charts...
Dow
With 52 week range of average stock


Submerging Market Stocks


Submerging Market Currencies with U.S. Inflation Expectations (TIP: Ten Year ratio):


Rest of the World Ex-U.S.:


German Dax:
I detect a bit of front-running having occurred here...



Toronto Stock Exchange
w/Percent of Stocks Above 200 DMA: