StockTwits
07-20-2010, 09:00 AM
Investments That Zig When Others Zag - Investing - Stocks - SmartMoney.com (http://abnormalreturns.com/links/173096/visit) (www.smartmoney.com)
by TheKirkReport 44 minutes ago
A recent Wall Street Journal article by E.S. Browning pointed out the increasing correlation among U.S. stocks, which now show the highest tendency to move in the same direction as a group since October 1987. Historically, that correlation has been 0.44. By last week, it hit 0.83, indicating that there’s not much differentiation between risks. When equities fall, they all fall. Read more: Investments That Zig When Others Zag - Investing - Stocks - SmartMoney.com http://www.smartmoney.com/investing/stocks/an-investment-that-zigs-when-everything-else-zags/#ixzz0uEGwGxgh
see story at Abnormal Returns site...(RSS feed) (http://abnormalreturns.com/links/index?date=07/20/2010#173096)
by TheKirkReport 44 minutes ago
A recent Wall Street Journal article by E.S. Browning pointed out the increasing correlation among U.S. stocks, which now show the highest tendency to move in the same direction as a group since October 1987. Historically, that correlation has been 0.44. By last week, it hit 0.83, indicating that there’s not much differentiation between risks. When equities fall, they all fall. Read more: Investments That Zig When Others Zag - Investing - Stocks - SmartMoney.com http://www.smartmoney.com/investing/stocks/an-investment-that-zigs-when-everything-else-zags/#ixzz0uEGwGxgh
see story at Abnormal Returns site...(RSS feed) (http://abnormalreturns.com/links/index?date=07/20/2010#173096)