XSO 0.01% 3,065.1 s&p/asx small ordinaries

The Brains Trust - 2021, page-674

  1. 3,517 Posts.
    lightbulb Created with Sketch. 403
    Valid points 64.

    It did dawn on me I try to understand everything sometimes all at once. Inter market analysis is also pretty new to me but its so important

    Its easy to forget the first premise of technical analysis: Market action discounts everything.

    Its already in the chart of whatever I'm trying to buy or sell.

    I used to come unstuck on gold stocks by looking too much at the gold price. I'm not buying gold I'm buying an Australian gold stock. Focus on its chart.

    Markets change over time too. Money flowing out of US bonds or stocks might end up in developing Asian countries so the old relationships between US bonds/stocks and other historically linked markets may change.

    Which is Peter Brandt's best book @YLJ ?
 
watchlist Created with Sketch. Add XSO (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.