XJO 1.34% 7,971.1 s&p/asx 200

great depression fall looms..., page-68

  1. 4,361 Posts.
    pb.....not surprising given the nervousness of us investors. an article i posted last night from stocktiming highlighted a chart that tracked us institutional funds.

    The article stated over the last 2 weeks, "Institutions
    rebalanced their portfolio of their top 75 stocks. In rebalancing, they reduced exposure
    on some Diversified Chemical companies, freight, and a variety of others. They added stocks in the drug, pharmacy, and Aerospace/defense sectors."

    From the chart, it appears as though institutions have not only rebalanced, but reduced their overall holdings.

    personally, i can't see the markets holding up til oct without a major correction beforehand......that is, unless there's some sort of trigger to change sentiment, like a reduction in interest rates.

    but not sure this is possible given the level of rates elsewhere....how could be fed get away?
 
watchlist Created with Sketch. Add XJO (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.