Week 35 Stock Market Performance

All the major markets and major sectors were down this week. Among the countries, Indonesia was up and among the alternate sectors both Bitcoin and Ethereum were up. Ethereum, in particular, looks strong maybe because of the upcoming merge.

Major Markets

All the major markets lost ground. That is 3 weeks in a row of losses. The losses have also been quite substantial confirming again that when markets fall, they fall faster.

Note that prior this this we had 4 straight weeks of profits. So, let us not assume that we will definitely have a positive next week. Although, the probabilities are higher for that than not.

Major Sectors

Everything lost money and most of them more than the prior week. But again, we have 3 straight weeks of losses. So, it will be interesting to see what happens next week.

Countries

Indonesia had a strong week. India was also positive. Everything else was down. We saw the Indonesia strength in the trending analysis and now we see the strength in the ROI analysis. The question is how sustainable it is and whether Indonesia is one of the first markets to lead the markets rebound.

Alternate and Thematic Sectors

Everything lost money except for Bitcoin and Ethereum. Ethereum has now eked out above 4% gains in 2 weeks in a row.