Wednesday, October 12, 2022

Finspiration Australia. Chart Analysis for Australian and International Stock Markets.

 12/10/22.  ASX finished flat today.


XJO experienced choppy trading today finishing with a narrow range day.  XJO +0.04%.

Energy and Miners were week, Financials just kept the market afloat.  XXJ +1.9%.  XEJ -1.5%, XMJ -0.9%.  XIJ (Info Tech) was also down -0.9%.

Breadth was week.  NH/NL = 513/818   = 38.5%.

NH/NL Cumulative:


This graph continues to present a pessimistic view for long-term investors.

Early in European trading, stocks are relatively flat after early gains.


No comments:

Post a Comment

Finspiration Australia. 14/11/23. Tues. Morning Report.

Mixed Results in New York.  Energy up. NAB ex-dividend today. Dow Jones +0.16%.  SP500 -0.08%.  Nasdaq -0.11%.  Small Caps -0.07%.  Banks -0...