The Law of Average

Stock markets generally show improvement over time otherwise what is the point of investing in equities?!  However, after accounting for the average rise over time, you can expect that without any good announcement, any company where the share price has jumped purely on sentiment, then it will gravitate down to its basic rise, ie a correction will occur.

Yesterday was a fantastic day where price of our big gold miners and tech shares went ballistic resulting in outperform of our portfolio.  However, in the USA, the indices were down on their Friday.  And the SPI is expectantly down too.  Hence, I am looking at a lousy Monday as gold price retraced and NASDAQ has a greater fall proportionately than DJI or S&P500.