30 years equals about 11,000 days. One might assume that eliminating a few of those days would have little impact on investment performance during that time. Yet, if the ten best days of the S&P 500 Index for the period 1983- 2013 are excluded, the average annual return drops from 8.40% to 5.80%. If the twenty best days are excluded, the average annual return drops to 4.09%.
The primary reason behind this is the watershed change in global central banks’ monetary policies. For years central banks had been keeping rates near 0%, or below, and at the same time printing over a hundred billion dollars’ worth of fiat currencies each and every month to purchase bonds and stocks. That is all changing now. According to Capital Economics, fourteen major global central banks are either in the process right now, or have indicated that they be will next year, in the process of raising interest rates. At the same time, QE on a global net basis will plunge from $180 billion per month at its peak during 2017, to $0 by December…and will then go negative in 2019.
Raymond A. Merriman is a market analyst and editor of the MMA Cycles Report, an advisory market letter used by financial institutions, investors, and traders throughout the world since 1981. He also edits the SOS Special Stock Market Report, which is issued 8 times per year and continually updates the status of long-term cycles in the U.S. stock market, and individual stocks. Mr. Merriman has worked as an Investment Advisor for Prudential Securities and Shearson Lehman Hutton, as well as Accounts Vice-President of Retail Commodity Futures for Pain Webber Inc., between 1986-1994. He is the author of "Merriman on Market Cycles: The Basics," (1994) "The Ultimate Book on Stock Market Timing Volume 1: Cycles and Patterns in the Indexes," (1997) "The Ultimate Book on Stock Market Timing Volume 3: Geocosmic Correlation to Trading Cycles," (2001), and "The Sun, The Moon, and the Silver Market: Secrets of a Silver Trader" (1992).
On this page, you will find our tandem Forex and World Stock Market Hours Maps. The forex map displays all four forex trading sessions and their overlaps. The stock market map displays the trading hours for major global stock exchanges. The current hour’s time frame is indicated by the dark blue column on both maps, and the time zone is GMT. Use the key below each map to get information on impending market openings and closings.
American stock exchanges aren't the only ones with extended trading hours. The Hong Kong Stock Exchange, for example, allows for a premarket session from 9:00 a.m. to 9:30 a.m. local time prior to the market opening. The Toronto Stock Exchange gives traders a full hour after the close of the market, from 4:00 p.m. to 5:00 p.m. local time, to do additional trading.
National Commodity & Derivatives Exchange Limited (NCDEX) is a national level on-line multi commodity exchange which commenced operations on December 15, 2003. It offers futures trading in both agriculture and non-agriculture commodities. The Exchange has eight shareholders: Canara Bank, CRISIL Limited, ICICI Bank Limited, IFFCO, LIC, NABARD, NSE and PNB. All the shareholders bring along with them expertise in closely related fields such as risk management (CRISIL), rural bank network (Canara Bank in the south and PNB in the north), technology (ICICI Bank), agriculture (NABARD), on-line trading technology and derivative trading (NSE), market reach (IFFCO which has the largest number of farm cooperatives) and expertise in institution building (LIC).
Dear Dev & Guru, I have been trading the stock and commodity market for over 3 years now with my live account and have tried many systems. I have been using your trading service for a while now and... It's unbelievable... I have never seen such an easy to follow trading alerts, yet it outperforms all the most advanced strategies I have ever tried...
Corn: Corn is a commodity with several important applications in the global economy. It is a food source for humans and livestock as well as a feedstock used in the production of ethanol fuel. The high cost of sugar in the United States has made corn a key ingredient in sweetening products such as ketchup, soft drinks and candies. Growing food and fuel demand globally should drive continued interest in corn as a commodity.