woohoo, sneaking up into 3rd (long way to go) but happy with the turnaround (from -9% last place end of Jan ) thanks again for all the work updating this Wiz
around halfway and overall pretty rough numbers out there ....only 17 in positive territory ?? ....heres hoping for a much better second-half ...we are getting our asses kicked by the NZX comp >>>>
Last edited by JBmurc; 07-06-2017 at 10:25 PM.
"With a good perspective on history, we can have a better understanding of the past and present, and thus a clear vision of the future." — Carlos Slim Helu
Aus and NZ in very diff cycles. Most NZ exports are booming, Aus resources still recovering/faltering. Most spekky/small stocks in Aus dead in the water.Even quality Stocks with flat updates to small downgrades are being smashed; sentiment is poor in Aus, great in NZ generally atm.
this chart shows that the commodity index is at the lowest ratio to the S&P 500 since 1971. Thus, the commodity prices have reached a 50 year low versus the S&P 500. Moreover, the commodity index is lowest ratio (below 1.0) when we compare it to the average median which is 4.1, shown as the red dotted line on the chart. Now, either commodity prices are too low, or the S&P 500 and its illegitimate older brother, the Dow Jones Index are severely over-inflated.
I would like to remind investors, without a properly functioning commodity supply market, companies wouldn’t be able to produce and manufacture their products. Which means, energy and commodities are the foundation of our markets.
Personal all my picks I would BUY or least HOLD at current values
"With a good perspective on history, we can have a better understanding of the past and present, and thus a clear vision of the future." — Carlos Slim Helu
) thanks again for all the work updating this Wiz
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