NZSX50 - Good News!

[Waltzing]

yep but the tanks guard div is a shell fire away from Kharkov. When they head back to barracks till then all other drills are still underway.

you cant trade markets today without considering global risk. everything is connected and the money from the big houses just goes everywhere.

[winner69]

Brain asked how long did take for the NZX50 Capital Index take to recover post GFC on another thread. Here was I replied

NZX50C was 3326 on May 24th 2007 …..went down heaps …and recovered to 3360 on April 18th 2016

So the answer to your question …took nearly nine years for NZX50C to recover post GFC

It’s 4880 at the moment

Bear in mind it was just under 4000 in 1987 before the big crash …took until 2017 to get back there.

Just as well for divies being reinvested eh.

[alokdhir]

Index has made a higher bottom in this wave ...so it needs to cross 12400 to become more positive ...I still think we are in the process of bottoming out for the year .

[sb9]

Pretty solid results from NZX stocks so far, we could give ourselves an 8 out 10. If not for Putin and his geriatrics, there would have been some solid gains.

[Hoop]

When you see depressing media news and the hear emotive words being used such as crash when in realty its a small blip and then you read some Economists saying the economy is strong and the media is over-reporting with negative bias...who do you believe..who is right?..some say who cares as we are doing just fine..some say the opposite..Maybe both are right ...maybe there is a lack of focus towards the good news, why is that?
It seems everyone usually takes a short view of things as these make good conversational topics..Lets be boring, less interesting conversational-wise and see what has happened using a long term view from the NZ Share Market perspective.
Some times looking at the historical long term past events and remembering all the media noise over that period you can see the trends and cyclical movements, without the day by day or week by week constant media noise which does affect the market.

When investing you have to be realistic about yourself..Ask the question...Over all the years of investing have you beaten the market consistantly ? Investing in a Bull Market (which happens most of the time) you don't have to beat the market to make capital gain so no worries...However in a "normal" (average) Bear Market you not only have to beat the market you have to beat it by a large margin to create capital gain...As a large percentage of investors can not beat the market at any stage of any market cycle, it is often said in general terms ..to protect yourself "sit on the sidelines" and wait out the bear market as they don't last long ...The other school of thought is to ride it out, suck up the mental agony, take the hit and eventually regain it back plus more.
What ever is your strategy it is up to you..but in general terms what is the real state of the NZX50 index which usually reflects the stock market as a whole?
Using the old school 200 day moving average (Faint orange line on the chart below) it officially says we have been in a Bear market for most of this year.

NZ50C 08042022.jpg

[bull....]

When you see depressing media news and the hear emotive words being used such as crash when in realty its a small blip and then you read some Economists saying the economy is strong and the media is over-reporting with negative bias...who do you believe..who is right?..some say who cares as we are doing just fine..some say the opposite..Maybe both are right ...maybe there is a lack of focus towards the good news, why is that?
It seems everyone usually takes a short view of things as these make good conversational topics..Lets be boring, less interesting conversational-wise and see what has happened using a long term view from the NZ Share Market perspective.
Some times looking at the historical long term past events and remembering all the media noise over that period you can see the trends and cyclical movements, without the day by day or week by week constant media noise which does affect the market.

When investing you have to be realistic about yourself..Ask the question...Over all the years of investing have you beaten the market consistantly ? Investing in a Bull Market (which happens most of the time) you don't have to beat the market to make capital gain so no worries...However in a "normal" (average) Bear Market you not only have to beat the market you have to beat it by a large margin to create capital gain...As a large percentage of investors can not beat the market at any stage of any market cycle, it is often said in general terms ..to protect yourself "sit on the sidelines" and wait out the bear market as they don't last long ...The other school of thought is to ride it out, suck up the mental agony, take the hit and eventually regain it back plus more.
What ever is your strategy it is up to you..but in general terms what is the real state of the NZX50 index which usually reflects the stock market as a whole?
Using the old school 200 day moving average (Faint orange line on the chart below) it officially says we have been in a Bear market for most of this year.

NZ50C 08042022.jpg

yep dont fight the trend. those big divergences on the mthly rsi were a big red flag for me

[Hoop]

yep dont fight the trend. those big divergences on the mthly rsi were a big red flag for me

Yep and now with hindsight..it is easy to see those warnings turned out to be real.

Right!!!...second wave capitulation in this maturing Bear Market cycle (probably still stage 2 )..when will this latest rout stablise? nobody can predict 100%..
From a chartist perspective the current pattern looks to present a line in the sand somewhere around 4500 (target pricing). This figure has the best odds of a temporary bottoming out and resulting in maybe a Bear Market correction (sucker rally)..that's all just better odds...Need a few rabbits feet, optimistic crystal balls, other lucky charms.....

NZ50C 09052022.jpg

[Beagle]

Its UGLY out there. Market down 6% just in May alone and its only the 10th of the month

[Sideshow Bob]

Its UGLY out there. Market down 6% just in May alone and its only the 10th of the month

14.9% YTD!!

"Sell in May and go away...."

[airedale]

There is a well signaled correction under way. But there are some aberrations. The POG in $OZ increases due to currency movement, while the POG in US$ decreases. But the OZ gold miners instead of showing strength follow Wall St. Logical.....illogical.... or back up the truck.