World on a high wire…

Posted by Chris Kimble on 05/22/2011 at 9:54 pm; This entry is filed under China, EAFA, France, FTSE 100, Germany, S&P 500, Shanghai index.

Global markets on a high wire?

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Global markets remain in a very tricky situation, per the vast majority of them are setting on support lines at the same time.  Last weekend I ran a post titled "Look Alikes, Domino's and Slippery Slides". (see post here)

This is a very tricky spot for the global stocks markets...if one breaks support, several could!!!

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2 Comments

  1. Chris G May 23rd, 2011 at 4:45 am

    Chris- apart from PFF are you entirely out of the market(s)?

  2. Chris Kimble May 25th, 2011 at 5:07 am

    Chris…have owned utilities of late the high yields. Yes the high yields are bonds, yet they do correlate a ton to stocks. Some of the high yields are breaking their 50-ema recently!