I wrote Python code which shows Correlation between NASDAQ price, Corn and Gold(Corr=0.945). Corn and Gold are best mix I have found. https://gist.github.com/Kouhei-Takagi/a1a9b073f6cd6dacb7eb1ea871d8fd3c I changed some important parts. https://gist.github.com/Kouhei-Takagi/5becaf7c3a24d63ac9c56856e81297f2
2020/1/3. The John Templeton’s quote
“Bull markets are born on pessimism, grow on skepticism, mature on optimism, and die on euphoria.”
I know this quote, and this sounds very true.
In Japan, there is one rumor that this strong economy will end after 2020 Tokyo Olympic.
I don’t think so, but some believe this rumor.
So the end day of 2019’s stock market, the stock prices dropped.
This seems that, Nikkei stock markets’ players were on pessimism.
And at the view from John Templeton’s quote, the bull market will begin from first day in 2020.
I don’t know this thinking is true or not.
But I will ride on Nikkei stock market.
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