What a week it was! TA25 is currently at a level of 952 points. For those who have short memories let me recap the recent events briefly. It all started when the chairman of the Bank of Israel, Stanley Fisher, threatened to resign over salary negotiation failure for his staff at the bank. Not only that, there was speculation that the stock market would remain closed in the beginning of next week. The decline came shortly. To top that, came the recent world decline led by the US markets over mortgage crisis which did not help stop the decline.
It is always interesting to see how correlated world markets are. Especially the US and the Israeli market. I remember at an economy class I had, the Professor showed us a graph of the correlation between the US market and the Israeli market. Needles to say it was a very compelling graph. The reason he showed us the graph was his thesis to what really caused the Israeli economy bounce back up from the 2003 depression. At that point the US market also bounced back up and he thought that that was the only reason and not the economic policy. If you ask me, I’d say it is probably combination of the two.
Here are the two graphs of the TA25 and the S&P500 compared from the last 200 trading days to give you a taste
You can clearly see how correlated the two indexes are.
As always there is no shortage of financial commentary that doesn’t make any sense from the financial analysts, or as I call them in my blog, the fortune tellers. The economists over at Bank Hapoalim, argue that there is uncertainty in the market right now BUT, the market is an attractive investment. I am not sure what to make at such commentary but I know that you don’t need to be an economist to know that.
Bank Leumi doesn’t fall short with a “stellar” review, saying that in the short run there will be a lot of volatility. I’m not sure what to make of this vague review. But like I said, even them have to make a living. I can quote some more incoherent, say-nothing, predict-the-future reviews but I think you get the point.
It’ll be interesting to see how the Israeli market continues to develop next week. I don’t think the negotiation issues are far from over and this could hurt the market performance. Moreover, as always, it’s good to stay tuned to the US market as the correlation is a BIG factor in the performance of the Israeli market.
If you liked this post, buy me a beer
I think there is a better correlation with Nasdaq.
I couldn’t understand some parts of this article Trading | Free Option Trading Tutorials Israeli Stock Market Weekend Review - 03/16 at, but I guess I just need to check some more resources regarding this, because it sounds interesting.
Needed to post you a very small observation just to thank you so much as before with your remarkable thoughts you’ve documented on this website. It’s really unbelievably generous of you to convey extensively what most of us could have marketed as an ebook in order to make some bucks for themselves, especially now that you could possibly have done it if you decided. Those suggestions likewise acted like the fantastic way to know that the rest have similar zeal the same as my personal own to understand a great deal more when it comes to this problem. I know there are thousands of more fun opportunities ahead for folks who scan through your website.
Thanks a lot for giving everyone such a terrific chance to read in detail from this web site. It is always so sweet and also packed with a lot of fun for me personally and my office peers to visit the blog a minimum of thrice a week to see the newest tips you have got. And lastly, we’re certainly happy with the splendid tactics you give. Some 3 points in this posting are completely the most beneficial we’ve had.
I have been absent for a while, but now I remember why I used to love this site. Thanks, I will try and check back more frequently. How frequently you update your site?
naturally like your web-site however you have to take a look at the spelling on several of your posts. Many of them are rife with spelling problems and I in finding it very troublesome to tell the truth however I’ll certainly come back again.
There is apparently a bundle to identify about this. I believe you made some good points in features also.
Minnatee779@yahoo.com
I am not sure the place you’re getting your information, but good topic. I must spend some time finding out more or figuring out more. Thank you for fantastic information I used to be searching for this info for my mission.
What i don’t realize is if truth be told how you are now not actually much more well-preferred than you may be now. You’re very intelligent. You recognize thus significantly on the subject of this topic, made me for my part consider it from so many various angles. Its like men and women aren’t interested until it is something to do with Girl gaga! Your individual stuffs great. All the time handle it up!
Thanks for every other magnificent article. Where else may just anybody get that type of information in such an ideal approach of writing? I’ve a presentation subsequent week, and I am at the look for such information.
I think other web site proprietors should take this web site as an model, very clean and great user genial style and design, as well as the content. You’re an expert in this topic!
Someone essentially assist to make severely posts I would state. This is the first time I frequented your website page and to this point? I surprised with the research you made to create this particular put up extraordinary. Excellent job!
Fantastic website. Lots of helpful info here. I am sending it to several pals ans additionally sharing in delicious. And certainly, thanks in your effort!
I have recently started a website, the information you offer on this web site has helped me greatly. Thank you for all of your time & work.
Wow, superb blog format! How long have you been blogging for? you made blogging look easy. The full glance of your website is fantastic, as neatly as the content material!
I would like to thnkx for the efforts you have put in writing this web site. I’m hoping the same high-grade web site post from you in the upcoming also. Actually your creative writing abilities has encouraged me to get my own website now. Really the blogging is spreading its wings fast. Your write up is a good example of it.
Thanks a bunch for sharing this with all people you really realize what you’re speaking approximately! Bookmarked. Please also discuss with my site =). We could have a link exchange agreement between us!
I don’t even know how I finished up right here, but I believed this publish was once great. I don’t recognise who you might be but definitely you are going to a famous blogger in the event you aren’t already ;) Cheers!
Thank you a bunch for sharing this with all of us you actually recognize what you’re talking about! Bookmarked. Please also seek advice from my site =). We will have a hyperlink trade arrangement between us!
Once again large post cheers heaps for sharing, keep me posted I will be interpretation more of your posts in the time to come!
great submit, very informative. I ponder why the opposite specialists of this sector do not understand this. You should proceed your writing. I am sure, you’ve a huge readers’ base already!
What i do not understood is in fact how you are no longer actually much more neatly-appreciated than you might be now. You are very intelligent. You know therefore considerably in relation to this subject, made me in my opinion imagine it from a lot of numerous angles. Its like men and women don’t seem to be interested unless it is one thing to do with Lady gaga! Your individual stuffs excellent. At all times deal with it up!
Valuable info. Lucky me I found your website by chance, and I’m surprised why this accident didn’t came about in advance! I bookmarked it.
What’s Taking place i am new to this, I stumbled upon this I’ve discovered It absolutely helpful and it has aided me out loads. I am hoping to give a contribution & aid different users like its aided me. Good job.
There are some interesting deadlines in this article however I don’t know if I see all of them middle to heart. There’s some validity however I’ll take hold opinion till I look into it further. Good article , thanks and we want more! Added to FeedBurner as effectively
Thank you for any other wonderful article. The place else could anybody get that type of information in such an ideal means of writing? I have a presentation next week, and I am at the search for such information.
Good web site! I truly love how it is simple on my eyes and the data are well written. I am wondering how I could be notified whenever a new post has been made. I’ve subscribed to your RSS feed which must do the trick! Have a great day!
My spouse and i have been absolutely satisfied when John managed to finish off his investigation by way of the ideas he got from your very own web pages. It is now and again perplexing to simply choose to be releasing instructions which usually some other people might have been making money from. And we all figure out we need the blog owner to give thanks to for that. The most important explanations you’ve made, the simple site navigation, the friendships you can help to engender - it’s many impressive, and it is facilitating our son in addition to us reason why the subject matter is interesting, and that’s seriously important. Many thanks for everything!
Wonderful work! That is the kind of information that are supposed to be shared across the web. Shame on Google for no longer positioning this publish upper! Come on over and seek advice from my web site . Thank you =)
I’m impressed, I have to say. Actually hardly ever do I encounter a weblog that’s both educative and entertaining, and let me inform you, you have got hit the nail on the head. Your concept is outstanding; the issue is something that not sufficient individuals are talking intelligently about. I’m very pleased that I stumbled across this in my search for something relating to this.
Hi there, I found your blog via Google even as searching for a comparable matter, your web site got here up, it appears great. I’ve bookmarked it in my google bookmarks.
You should take part in a contest for one of the best blogs on the web. I will advocate this web site!
There are some fascinating closing dates in this article but I don’t know if I see all of them heart to heart. There’s some validity however I’ll take maintain opinion till I look into it further. Good article , thanks and we want more! Added to FeedBurner as nicely
great points altogether, you simply gained a brand new reader. What may you recommend in regards to your submit that you made a few days ago? Any sure?
Wow, superb blog layout! How lengthy have you ever been blogging for? you made blogging look easy. The whole glance of your website is great, as smartly as the content!
There are definitely a lot of details like that to take into consideration. That could be a nice level to convey up. I provide the thoughts above as basic inspiration however clearly there are questions like the one you convey up the place an important factor will likely be working in trustworthy good faith. I don?t know if best practices have emerged round things like that, however I am positive that your job is clearly identified as a fair game. Both boys and girls feel the impression of just a second’s pleasure, for the remainder of their lives.
Spot on with this write-up, I actually think this website needs rather more consideration. I’ll probably be again to read much more, thanks for that info.
Wow! This can be one particular of the most beneficial blogs We have ever arrive across on this subject. Basically Fantastic. I’m also a specialist in this topic therefore I can understand your hard work.
Can I just say what a reduction to seek out someone who truly knows what theyre speaking about on the internet. You definitely know how you can deliver an issue to mild and make it important. Extra folks have to learn this and perceive this side of the story. I cant consider youre no more widespread since you positively have the gift.
Thanks for every other excellent article. The place else could anybody get that type of info in such an ideal means of writing? I have a presentation subsequent week, and I’m at the look for such info.
It is in reality a nice and useful piece of information. I am glad that you just shared this helpful information with us. Please keep us up to date like this. Thank you for sharing.
My spouse and i were really thrilled that Raymond could round up his research using the precious recommendations he was given in your blog. It is now and again perplexing to just always be giving freely steps that many a number of people have been trying to sell. And now we take into account we have got the blog owner to thank because of that. All the illustrations you made, the straightforward website menu, the relationships your site help to promote - it’s everything powerful, and it’s leading our son and us feel that the concept is enjoyable, which is certainly truly essential. Many thanks for everything!
I will immediately snatch your rss as I can not find your email subscription link or e-newsletter service. Do you have any? Please let me recognise in order that I may just subscribe. Thanks.
Thanks, I have recently been looking for info approximately this topic for a long time and yours is the best I’ve discovered till now. However, what in regards to the bottom line? Are you positive about the supply?
Thanks for another fantastic article. The place else may anyone get that type of information in such an ideal approach of writing? I have a presentation next week, and I am at the search for such info.
I wanted to post you a very little word to say thank you over again for these amazing knowledge you have provided on this website. It has been simply particularly generous of people like you to present easily all that numerous people could possibly have distributed for an ebook to end up making some dough for their own end, primarily considering the fact that you might have done it in case you wanted. The solutions in addition worked as a good way to be sure that other people have the same keenness the same as mine to see good deal more with respect to this matter. I am certain there are millions of more pleasurable moments up front for individuals who see your site.
You can certainly see your enthusiasm within the paintings you write. The sector hopes for more passionate writers like you who aren’t afraid to say how they believe. All the time follow your heart.
Heya i’m for the first time here. I found this board and I find It really helpful & it helped me out a lot. I’m hoping to provide one thing again and aid others such as you helped me.
Oh my goodness! a tremendous article dude. Thank you However I’m experiencing challenge with ur rss . Don’t know why Unable to subscribe to it. Is there anybody getting identical rss drawback? Anybody who knows kindly respond. Thnkx
I together with my guys happened to be reviewing the nice ideas located on your web blog and instantly I got a horrible suspicion I never thanked the web site owner for those tips. These women became as a consequence stimulated to read all of them and have in effect truly been taking pleasure in them. I appreciate you for indeed being well kind and for opting for some amazing themes millions of individuals are really desperate to discover. My very own sincere regret for not saying thanks to you sooner.
I just could not go away your site prior to suggesting that I really loved the usual information an individual supply in your guests? Is going to be again continuously in order to check up on new posts.
The subsequent time I read a weblog, I hope that it doesnt disappoint me as a lot as this one. I mean, I know it was my option to read, but I truly thought youd have one thing interesting to say. All I hear is a bunch of whining about one thing that you may fix in the event you werent too busy searching for attention.
I’ve recently started a blog, the info you offer on this site has helped me greatly. Thank you for all of your time & work.
There are some fascinating deadlines in this article however I don’t know if I see all of them center to heart. There is some validity but I’ll take maintain opinion till I look into it further. Good article , thanks and we want extra! Added to FeedBurner as well
After examine a number of of the weblog posts in your website now, and I really like your method of blogging. I bookmarked it to my bookmark website checklist and can be checking again soon. Pls check out my web page as nicely and let me know what you think.