Short Term Trading Weekend Lounge: 29-31 Mar, page-3

Listened to a great podcast on the train to Sydney yesterday. It talks about the bull and bear cycles and where we currently stand within this current cycle.

http://bettersystemtrader.com/158-bull-bear-or-correction-reading-the-signs-with-troy-bombardia/?hvid=5sWzyx

I like towards the end when he is talking about how a typical topping pattern can occur and/or how a typical bull market ends. Housing and big ticket items like auto sales go first. Housing topped about a year before the official GFC hit and there are a few other indicators that started going down prior to oct 2008. Housing topped here last year and has been sliding since and the big ticket item he uses as an example in this podcast is new car sales which has been on the slide for around the same amount of time. https://www.caradvice.com.au/732431/vfacts-february-2019-new-vehicle-sales/

Anyway i'm not really in the business of predicting and as gladiator pointed out, the broader macro doesn't always walk in step with the aussie specs which this channel mostly covers but i found the podcast really interesting and the guys website is also really good.

Thought i'd share

cheers.