Japan against the rest of the world!

Oct 11 14:10 2018 Print This Article

When markets around the world start to rumble it's usually a good exercise how all these moves compare against one another.

The Relative Rotation Graph shows the relative picture for a number of major world equity markets against the Dow Jones World Index as the benchmark.

The Indian $NIFTY index is on its way down backed by a long tail that is sending it lower on both axes well inside the weakening quadrant. A similar rotation, albeit with less strength, is visible for the Canadian.

The weakest rotation is found for the European $STOXX600 index that just crossed over into the lagging quadrant.

Continue reading "Japan against the rest of the world!" »

Read More

About Article Author


StockCharts.com was founded in 1999 by Chip Anderson, a 10-year veteran of Microsoft. StockCharts.com is a website that provides online investors with high-quality financial charts for making better investing decisions. StockCharts.com is focused on Technical Analysis - the study of price history via charts. They provide award-winning analysis tools, market commentary from respected analysts like John Murphy and Martin Pring, and a huge collection of educational resources that can help anyone become a better, more informed investor.

Related Items

Zooming Out - Is A Major Market Top In?

One of the things I have focused on when examining the US market as well as other markets around the world is the tops that have been created in the last 20 years.  There are multiple ways to look at tops. Rear view mirrors are great, but more importantly, can you mark significant tops on a ti ...

History Says To Watch Those 60 Minute Charts For Bottoming Clues

Market Recap for Friday, October 12, 2018 Finally, Wall Street saw buying pressure to end a trading session.  That certainly felt great psychologically, although as I point out below, I doubt that the short-term bottom is in.  It's possible, but the odds favor another short-term plunge.  For no ...

Can earnings season stop the market’s decline?

Markets are crashing! Sell your stocks! The world is coming to an end! There’s a good chance you’ve heard at least something like this over the last week, whether from cable TV, a business news website or your panicked friend who wants to pull everything out of the market. Stocks have taken a t ...

Some Commodities Drift Higher 2018-10-13 CC Video

Well, a bruising week in equities bruised commodity related stocks but the commodities themselves held up fairly well. ETF's which hold stocks like SLX, KOL, NLR, URA, XLE, XOP, FCG all pulled back.  Precious Metals did better. Gold actually broke through a small 2 month resistance line to close h ...

Monday Blues

Overview: Despite the pre-weekend gains that lifted the S&P 500 above its 200-day moving average, global equities are moving lower today.  The main news over the weekend included the US renewing its threat to impose more tariffs on China and Saudi Arabia threatening retaliation for any sanct ...

Monday: Retail Sales, NY Fed Mfg Survey

Weekend:• Schedule for Week of October 14, 2018Monday:• At 8:30 AM ET: Retail sales for September will be released.  The consensus is for a 0.6% increase in retail sales.• At 8:30 AM ET: The New York Fed Empire State manufacturing survey for October. The consensus is for a reading of 19.3, up ...

Why a Carbon Fee and Dividend now makes more sense than ever for Canada

Now that Manitoba has joined Ontario and Saskatchewan in opposition to a carbon tax, what are the realistic political options for the federal government?  Economists overwhelmingly support carbon pricing as the most economically efficient way to reduce greenhouse gas emission and combat climate c ...

Banks report the most cybersecurity incidents: report

Canadian businesses spent $14 billion on cybersecurity in 2017, StatsCan says The post Banks report the most cybersecurity incidents: report appeared first on Investment Executive. ...