Global Stock Markets Look Dangerous as Rates Head Down

August 5, 2024

FNGS is an ETF which tracks the performance of the leading mega-cap stocks. I have added in the lower half a chart of the Coppock indicator which is turning down. The creator of this indicator did not attach significance to downturns in Coppock but a falling indicator in 2022 was associated with falling share prices.

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Global Stock Markets Look Dangerous as Rates Head Down

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