Intraday Market Thoughts
Archived IMT (2009.09.11)
by
Sep 11, 2009 17:48
The duration of the current equity rally has now lasted 6 months (from 1st week of March to second week of September), which is about 3 times the duration of all bear market rallies and downlegs since 2008. The massive fiscal and policy stimuli from the US authorities as well as the partial nationalization of most big banks contributed in making this the longest bear market rally since 1930s. Todays $3.00 sell-off in oil prices despite lofty gold prices highlights the USD-nature of the lingering risk appetite. Todays article highlights the disparity between the USD and JPY, suggesting that the equities advance is well into gravity-defying territory.
Latest IMTs
-
محتوى بوصلة السوق من العائد الى الذهب و الناسداك
by Ashraf Laidi | Mar 20, 2024 12:42
-
BTC Needs Powell Correction بيتكوين بحاجة الى تصحيح
by Ashraf Laidi | Mar 18, 2024 17:20
-
Not once, twice, but six ستة مرات ليس صدفة
by Ashraf Laidi | Mar 13, 2024 10:07
-
Finding 88K Bitcoin كيفية الوصول الى
by Ashraf Laidi | Mar 4, 2024 12:21
-
شراء بيتكوين وصل الى عشر أضعاف الإنتاج
by Ashraf Laidi | Feb 29, 2024 9:17