不知你怎樣看

專家怎樣看股市?, 市場又怎樣看股市

專家 (債券基金)
HYG, LQD ( 高風險及投資級)債券一向是股市風向球, 有領頭及逆向
投資特点, 現在HYG及LQD与SPX之間均有10%乖離到一年來新高, 而且
2013 年各國基本利率都有調高可能, 衝擊債市. 股市如偏高尤其來到
波段高点也會受影响視為利空. 得小心

市場
上週 LIpper 公佈 2013 元月一開始, 有200億資金轉入股市
Equity mutual fund net inflows hit a four-week total of $20.7 billion, the largest recorded since April 12, 2000.
January marked the first time in 11 months that deposits into domestic equity funds exceeded withdrawals
American Association of Individual Investors, for example, notes that bullish sentiment – the expectation that stock prices will rise over the next six months – is above its historical average, as it has been for nearly three months now.
散户方才入場

Furthermore
as of Feb 8
with mutual funds and ETFs together reporting $6.1 billion of fresh inflows in the week ended February 6.
AS 0f Feb 8
Mark Hulbert of Hulbert Financial Digest noted this week that corporate insiders are cashing out, a negative sign

Sunny and happy biking

Wayne and Vivian

祝大家

農曆新年

健康.  快樂