To determine if the market is a bull or bear one, these are the points to check:
- NewLonKong index ( > 40)
- Economies and economic policies (like interest rates etc.) of major countries like the US, Europe (esp. Germany), China, Japan, etc.
- Oil price and other commodity prices (esp. copper and Aluminium prices)
- BDI index (this shows the world trading activities)
- Individual sector performance ( Sector Index > 40) , for example, Nasdaq for technology companies, iBB for bio and healthcare companies, etc.
Is the market a
or
?
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