Tuesday, November 26, 2013

Some Interesting Financial Market Stats from LTG GoldRock



- The Aussie Dollar vs the US Dollar came to the LTG GoldRock Terminator Zone Monday and so far is holding.

- Did you know the S&P 500 stock index in the US is trading at 25 times its 10 year average? According to London's Financial Times it is not wise to hold stocks once these levels are hit. It says "multiples that high are usually accompanied by bad long term returns."

-  The following banks believe interest rates are still going to go lower in Australia. Westpac, Macquarie and Bank of America Merrill Lynch.

- Here is an interesting stat that was in the AFR today. It says…"If the US market is positive after the first five days of trading in the calendar year, the market is not only up for the rest of the year, but on average it is up by about 14%. Since 1950 the theory has a success rate of about 85%". Interesting they are telling us this stat after the fact at the end of November and didn't publish it on January 1st.

In the LTG Goldrock Insider Report each day Andrew Barnett helps new investors cut through the clutter and find the most relevant Forex News for their Forex Trading.

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