October 21, 2023 | Tech Talk for Saturday October 21st 2023
Donald Vialoux is author of the free blog Tech Talk, a daily investment report available during the past 20 years at www.timingthemarket.ca. Comments focus on the seasonal and technical outlook for equity indices, commodities and sectors. Mr. Vialoux has 53 years of experience in the investment industry and is a past president of the Canadian Society of Technical Analysts (CSTA).
The Bottom Line
Brutal equity markets around the world last week! Equity markets responded primarily to rising U.S. long term interest rates. Not surprising, the CNN Fear/Greed Index dropped to 26, a level that borders on the Extreme Fear level. See https://www.cnn.com/markets/fear-and-greed
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Don Vialoux October 21st, 2023
Posted In: Tech Talk
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