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aussiebear

World Stock Markets Trading Discussion - Capricious curves

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A positive response from most the early openers: Kiwis +0.5%, Aussies +0.6%, Japan +0.8% and Sth Korea -0.5%.

Aussie sectors ranging from IT +1.5% down to Gold -1.6%.
 

 

t?s=%5ENZ50&lang=en-NZ&region=NZ&width=3

 

t?s=%5EAORD&lang=en-AU&region=AU&width=3

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LATEST NEWS AND OPINION MUST READ How the AT&T-Time Warner Merger Is Proof of a Rigged System by Money Morning Staff Reports •  October 24, 2016

The AT&T-Time Warner merger is proof that the t-comm and content industries are rigged.

 

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MUST READ The Great Wall Street/Washington Con Job: The “Recovery” That Never Happened, Part 1 by David Stockman •  October 24, 2016

Between 1870 and 1913, the real GDP of the United States—as best they can estimate it—-rose from $20 billion to $131 billion (1958$). That gain of 4.3% per annum compounded over 43 years is the highest on record for a continuous equivalent period o…

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w?s=%5EAORD&lang=en-AU&region=AU

 

 

All Ords fluttered along sideways for the rest of the day, closing +0.6%.  IT remained leader, +1.5% followed by REITS +1.3%.

Over in Asia, China and Hong Kong, +0.1%, Japan +0.8%, India currently -0.2%.

 

 

On to UK/Europe:

 

 

t?s=%5EFTSE&lang=en-AU&region=AU&width=3

 

t?s=%5EGDAXI&lang=en-AU&region=AU&width=

 

t?s=%5EFCHI&lang=en-AU&region=AU&width=3

https://au.finance.yahoo.com/

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There's still a 5 day cycle projection of 2156 they didn't quite hit, but other than that nothing pointing outside the range of yesterday's high and this morning's low. 

 

I'm heading out to the Reading Terminal Market. 

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2 day cycle projection 2139. 

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3 day cycle projection conditionally 2136 if they don't bounce from 2139 or higher. 

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