Charts That Matter: ETF Crash
ValueWalk | Jul 22, 2018 02:53AM ET
1. Indian Rupee Closes at its weakest level on record of 69.05/$. Interestingly it has also broken out on chars. I am medium term (1-3 years) bearish on Rupee simply because Capital flow favors Dollar over INR.
2. Country ETFs, % Below All-Time High…India: -11%,China: -26%,US: -1%. India and US both put a low in last week of January but US has bounced back whereas PowerShares India Portfolio (NYSE:PIN) is still down. Japan put a high in 1996 a level which is yet to surpassed …. what a wealth destruction
3. Decline of Competition
Firms do not even talk about competition anymore. This chart from the Economist shows that in annual reports, companies have less and less need to discuss competition from other firms which is strange
4. Percent gains required to offset losses. This is why losses hurt lot more than Profits
5. Almost Monopolies
The market cap of the top 5 S&P 500 companies: $4,095,058,706,432
The market cap of the bottom 282 S&P 500 companies: $4,092,769,755,136
Get The News You Want
Original post
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.