The US equity market has dramatically recovered from the depths of the bear market reached in June this year. As of yesterday, the S&P 500 is down just over 10%. Despite the amazing run in recent weeks, not many investors are convinced that the bear is dead for a variety of reasons. Irrational exuberance by …
Continue reading ‘S&P 500 Bull and Bear Markets From 1940 to June 2022: Chart’ »
Chinese oil giant PetroChina Company Limited (PTR) has announced plans to delist its American Depository Receipts from the NYSE. Some of the reasons for this action include listing fees and low trading volume. The last day the ADR may trade on the NYSE is on or around Sept 8, 2022. Below are the complete details from …
Five Chinese state-owned companies have announced plans to delist their ADSs from the NYSE. This is another blow for US investors holding these ADSs. Investors have to monitor the developments in the next few days and weeks and take action accordingly. Below is an excerpt from a journal article: Five Chinese state-owned companies said they …
Continue reading ‘Five Chinese State-Owned Companies To Delist from New York Stock Exchange’ »
I recently came across the beautiful chart showing the bull and bear markets in Australian Equity Markets. This chart is similar to the chart for S&P 500 that is popular for the US markets. The Australian chart from Vanguard Australia also shows bull markets are longer than bear markets over the long term. From 1980 …
Continue reading ‘A Timeline of Bull and Bear Markets Chart: Australian Edition’ »
I have written many times before on the futility of market timing. The saying that time in the market is so important than timing the market couldn’t be understated. Market timing is impossible to achieve because an investor has to be right twice. Once when they sell stocks and again when they re-enter the markets. …