For those looking for a pep up after three consecutive down days, here is some glass half full from Coppo. In the last 20 years the Australian market has this bizarre trading trend where it rallies briefly at the begining of November (which it did this time was up +0.25%) and then from there falls by a average of -1.5% between early November in to the 3rd week of November & then in the last week begins its big late November to the new year rally that happens about 88% of the time.
I have 13 years experience in equity markets and financial media. In 2013 I Co Founded, Livewire Markets with Tom McKay. Our vision is to be the #1 source of investment ideas in Australia. Opinions expressed are my own.