Jump to content

Archived

This topic is now archived and is closed to further replies.

aussiebear

World Stock Markets Trading Discussion - Indolent involvement

Recommended Posts

Minor movement in the early openers: Kiwis flat, Aussies -0.2%, Japan +0.2%, Sth Korea +0.4%.

REITS +0.5% is leading Aussie sectors with Miners down the most -2.7%.

 

 

 

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

 

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

Share this post


Link to post
Share on other sites

ANOTHER FALSE NARRATIVE EXPLODES

 

So all the headlines said the market was supposed to crash if Trump got elected

 

Instead the market makes new highs

 

The Trump crash is replaced by the Trump rally.

 

But what if the Trump rally is itself a false narrative ripe for destruction????

 

THE REAL NARRATIVE

 

Traders label the normal and predictable Santa Rally as the Trump rally to give it more credibility and authenticity.

 

To be followed by the o so predictable new year dump.

 

(The Trump Dump anyone???)

 

"plus ça change, plus c'est la même chose"

Share this post


Link to post
Share on other sites

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

 

 

All Ords zig-zagged down, closing -0.3%.  Nothing changed too much in the sectors: REITS +1.1%, Financials +0.6% down to Miners -3.3% and Materials -2.8%.

Over in Asia, China -1%, Hong Kong -0.2%, Japan flat, India currently +0.5%.

 

 

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/

Share this post


Link to post
Share on other sites

ANOTHER FALSE NARRATIVE EXPLODES

 

So all the headlines said the market was supposed to crash if Trump got elected

 

Instead the market makes new highs

 

The Trump crash is replaced by the Trump rally.

 

But what if the Trump rally is itself a false narrative ripe for destruction????

 

THE REAL NARRATIVE

 

Traders label the normal and predictable Santa Rally as the Trump rally to give it more credibility and authenticity.

 

To be followed by the o so predictable new year dump.

 

(The Trump Dump anyone???)

 

"plus ça change, plus c'est la même chose"

 

Joyeux annee!

Share this post


Link to post
Share on other sites

Love when these tiny little moves look like giant spikes on the chart. 

Share this post


Link to post
Share on other sites
Guest
This topic is now closed to further replies.


Stock market portfolio giving you the runs? See Dr. Stool.

Take a subscribatory!
Download 
The Anals of Stock Proctology now!



The Daily Stool - Stock Market Message Board
Stool's Gold- Gold and Precious Metals Forum
Look Out Below Message Board

Support your local Stool Board.


The Al E. Greenspeuman designer line at Stoolmart. Get yours today! Click here now!



Old Stool Depository


The Wall Street Examiner
Subscribe to the Wall Street Examiner
Contact Us




Market Quotes are powered by Investing.com.
×