Morning Traders,
This article caught my interest this morning.
Bull Market Confirmed Through 2013 by 23 Years of Rallies
http://www.bloomberg.com/news/2013-07-22/bull-market-confirmed-through-2013-by-23-years-of-rallies.html
On one hand, it's frustrating that our market hasn't followed the U.S since the GFC. On the other hand, it's encouraging to think that our market will follow and eventually catch up to the U.S.
Personally myself, the current hung parliament in office is just as much to blame as the high $AUD for our current market position. The sooner we get this election over then the better off our market will be - I hope.
Will be focusing on the mid cap stocks today - AGO, MGX, MBN and SLR.
All the best for today.
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