XAO 0.01% 8,699.1 all ordinaries

hey @radxi noticed in most of your wrap ups that you quote...

  1. 1,584 Posts.
    lightbulb Created with Sketch. 44

    hey @radx


    i noticed in most of your wrap ups that you quote global growth and global figures, namely US, how do you think we are faring here in australia? i know global markets are highly correlated but im just doing some digging around in my charting software and this earnings indicator for the all ords seems to be trending up.  This indicator when below 1 is bear market territory and > 1 is bull.  This is the first time im looking at it and wouldn;t be surprised if i've interpreted it wrong but it would be a shame for the rest of the world to drag us down when our earnings are in fact going up.  Its a crying shame that we didnt get the bull that everyone else did, id have to check but i dont even think the XJO has reached the 2008 high.  Spent the last 10 years trying to get back up to it after GFC.


    https://hotcopper.com.au/data/attachments/1385/1385282-58987ea8b6e79a7089faf6f0eabc55be.jpg



 
watchlist Created with Sketch. Add XAO (ASX) to my watchlist
(20min delay)
Last
8,699.1
Change
-0.900(0.01%)
Mkt cap ! n/a
Open High Low
8,700.0 8,700.0 8,649.0
XAO (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.