Global Equities: bull market break out
Took a while, but global equities (ex-US) finally have broken out to new highs and with improving breadth.
Unlike US stocks, global ex-US are still cheap, so this is a very interesting development indeed...
Line chart titled Global Equities 200DMA Breadth for 70 countries main indices, with y-axis from 0 to 400 percent, x-axis months from 01 to 25, black line showing data trend rising to new highs, horizontal blue line at 350, red line below 200-day moving average threshold, labeled Countries markets above 200 day moving average in red
For SG users only, a tool to boost your purchasing power and trading ideas with a Cash Boost Account!
Welcome to open a CBA today and enjoy access to a trading limit of up to SGD 20,000 with upcoming 0-commission, unlimited trading on SG, HK, and US stocks, as well as ETFs. Find out more here.
Other helpful links:
Comments