Divergence continues

October 2004
Dow Theory Forecasts;10/4/2004, Vol. 60 Issue 40, p3
Comments on issues related to the stock markets in the U.S. as of October 2004. Advancement on the majority of the stocks; Availability of quality stocks at reasonable valuations; Impact of the surge in the oil prices on the performance of the Dow Industrials; Extension of the extreme convergence that has characterized this year's trading.


Related Articles

  • Asset Pricing Behaviour with Dual-Beta in Case of Pakistani Stock Market. JAVID, ATTIYA Y.; AHMAD, EATZAZ // Pakistan Development Review;Summer2011, Vol. 50 Issue 2, p95 

    This study investigates the dynamics of beta by the asymmetric response of beta to bullish and bearish market environment on 50 stocks traded in Karachi Stock Exchange during 1993-2007. The results show that the betas increase (decrease) when the market is bullish (bearish). The results however...

  • MARKET COMMENTARY.  // Dow Theory Forecasts;7/23/2007, Vol. 63 Issue 30, p3 

    The author reflects on the Dow Theory contribution to Dow Industrials and Dow Transports bullish trend in U.S. He assess the all-time highs of other stocks including Wilshire 5000, S&P Small Cap 600 and S&P MidCap 400 indexes and the declining performance of New York Stock Exchange (NYSE) and...

  • ANOMALIE CZASOWE JAKO PRZEJAW NIEEFEKTYWNOÅšCI RYNKU KAPITAŁOWEGO W POLSCE. Kalinowski, Marcin // Financial Sciences / Nauki o Finansach;2011, Vol. 4 Issue 9, p36 

    The aim of the study is testing the Warsaw Stock Exchange market efficiency hypothesis through the time anomalies. The study concerns the Warsaw Stock Exchange indexes and is carried out for different market conditions in the years 2003-2009. In view of the fact that the study includes both the...

  • The Mechanisms of Market Efficiency Twenty Years Later: The Hindsight Bias. Gilson, Ronald J.; Kraakman, Reinier // Journal of Corporation Law;Summer2003, Vol. 28 Issue 4, p715 

    Examines the mechanisms of market efficiency (MOME). Intellectual context of MOME; Challenge of behavioral finance; Assessment of the behavioral finance principles; Incorporation of information in market prices.

  • LONG MEMORY IN RETURNS OF SLOVENIAN STOCK MARKET INDEX AND MAJOR STOCKS LISTED ON LJUBLJANA STOCK EXCHANGE. Dajčman, Silvo // Actual Problems of Economics / Aktual'ni Problemi Ekonomìki;Dec2012, Vol. 138 Issue 12, p328 

    This study investigates whether the long memory in the time series of stocks and stock index returns. Different methods of calculating long memory parameters are applied to prove if the estimates are sensitive to the method chosen. We found that Slovenian aggregated stock market returns as well...

  • PERSISTENCE PROBABILITY ANALYZED ON THE TAIWAN STOCK MARKET. I.-CHUN CHEN; HUNG-JUNG CHEN; HSEN-CHE TSENG // International Journal of Modern Physics B: Condensed Matter Phys;9/10/2009, Vol. 23 Issue 22, p4713 

    We report a numerical study of the Taiwan stock market, in which we used three data sources: the daily Taiwan stock exchange index (TAIEX) from January 1983 to May 2006, the daily OTC index from January 1995 to May 2006, and the one-min intraday data from February 2000 to December 2003. Our...

  • MOMENTUM STRATEGY AND BOMBAY STOCK EXCHANGE. Petr, Polak; Abduallah, Ejaz // Modern Economy: Problems, Trends, Prospects / Sovremennaia Ekono;Dec2012, Issue 7, Special section p1 

    Short term momentum effect claims that recent past winners tend to outperform the market whereas recent past losers tend to underperforms the market. Therefore by definition it challenges the efficient market hypothesis, which is of the view that future returns cannot be predicted by using past...

  • MARKET COMMENTARY.  // Dow Theory Forecasts;4/9/2007, Vol. 63 Issue 15, p3 

    The article discusses the Dow theory for Dow Industrials and Dow Transports in the international market. It states that the bear-market signal for Dow Industrials and Dow Transports in March 2007 would probably provide significant corrections to their averages. With a move of averages below the...

  • Lead-Lag Relationship in Spot and Future Market: Evidence from Pakistani Stock Market KSE-100 index. Ullah, Hamid; Shah, Attaullah // IBA Business Review;Jan-Jun2013, Vol. 8 Issue 1, p135 

    This paper has investigated the Efficient Market Hypothesis (EMH) through the concept of lead-lag relationship of the future market prices and spot market prices in the context of Pakistani stock market. The study has used data of randomly selected one hundred and forty firms listed on the...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics