What’s the Market Trend? Where’s the Price?
Stock-Markets / Financial Markets 2009 Jun 03, 2009 - 02:21 PM GMTIt is important to have situational awareness in battle; and investing is certainly a battle these days. From situational awareness, you can attempt adaptive response, which in battle and in this market may be a key to survival.
Let’s look at three key equity funds and three key bond funds representing three key segments of the investment world — the US, non-US developed markets and emerging markets.
This table (as of mid-day June 3, 2009) shows whether the primary trend of the price (as represented by the 200-day simple moving average) is UP or DOWN over 50-days and over 5-days. It also shows the distance of four moving average prices (100-days, 50-days, 25-days and 1-day [the price]) from the primary trend. Positions more than 1% above the primary trend are shaded green. Those between 1% below and 1% above the primary trend are shaded yellow. Those more than 1% below the primary trend are shaded red.
Different investors will interpret opportunity and risk differently from these data, but however you interpret them, it’s good to know them.
By Richard Shaw
http://www.qvmgroup.com
Richard Shaw leads the QVM team as President of QVM Group. Richard has extensive investment industry experience including serving on the board of directors of two large investment management companies, including Aberdeen Asset Management (listed London Stock Exchange) and as a charter investor and director of Lending Tree ( download short professional profile ). He provides portfolio design and management services to individual and corporate clients. He also edits the QVM investment blog. His writings are generally republished by SeekingAlpha and Reuters and are linked to sites such as Kiplinger and Yahoo Finance and other sites. He is a 1970 graduate of Dartmouth College.
Copyright 2006-2009 by QVM Group LLC All rights reserved.
Disclaimer: The above is a matter of opinion and is not intended as investment advice. Information and analysis above are derived from sources and utilizing methods believed reliable, but we cannot accept responsibility for any trading losses you may incur as a result of this analysis. Do your own due diligence.
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