Saturday, January 16, 2016

Stock Market Charts: Grizzly Bears Go On A Rampage!



Following last night's rout, the German DAX reentered the bear market...


The French CAC, which eluded the bears in August 2015, joined the DAX this time....


Europe's Stoxx 600, which escaped the bears last August 2015, likewise fell into the grasp of the bears...


The US broad market (equal weighted index) have also been captured by the bears...




The MSCI (ex-US) benchmark have similarly been snared by bear markets


Finally, Bear markets have now seized control of the leadership in the context of global stocks.


Once again, decoupling anyone?

(charts of US equal weight and global stocks from zero hedge, all the rest from stockcharts.com)

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