Jump to content


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


World Stock Markets Trading Discussion - Anaemic ascents

Recommended Posts





All Ords closed with a minor gain of +0.1%.  Utilities was the main gainer, +1.7% followed by Consumer Discretionary +0.6%.  Gold was down the most, -0.7%.

Over in Asia, China +0.3%, Hong Kong +1.2%, Japan flat, India closed.



On to UK/Europe:










Share this post

Link to post
Share on other sites

I am trying to figure out how the markets are going to hold up in the short term against this onslaught of supply.




Especially taking into account that Trump is going to make his Fed chair choice within days. I just spent the better part of an hour looking Google search results about the upcoming appointment and of course the dominant narratives about the Fed "raising rates" via the Fed Funds target is universal. In other words everyone, on the record, is living in fantasy land. Which is all well and good for them, as long as asset prices are bubbling and Treasury rates are sort of flat.


I am thinking the correction is going to be met with occasional nudges that kneecap short sellers so as to keep the downdraft mild.  Then when Trump appoints a 'hawk' that hawk will be Bernanke II with the addition of direct market intervention becoming copious and endless.  That's Warsh I believe. I am always wrong.

Share this post

Link to post
Share on other sites



The last 3-4 posts should be interesting to everyone here. All 3 of us. :lol:


Also https://moneymorning.com/2017/10/14/why-it-doesnt-matter-who-the-next-fed-chair-is/

Share this post

Link to post
Share on other sites

Is 2578 still the target?


That's weird. I was just about to post that the 5 day cycle projection is 2578. Are you reading my mind? :lol:

Share this post

Link to post
Share on other sites



1. Did they increase the debt limit?

2. Will there be a huge money supply this quarter?


Or more simply - it the TBAC estimation and recommendation still valid?


If yes then we should at least sell stocks and start building shorts.

Share this post

Link to post
Share on other sites

Well they built some cushion for next week. Let me guess that there are going to be a lot more overnight ramps up for awhile just like the good old days.

Share this post

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

  • Recently Browsing   0 members

    No registered users viewing this page.

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

Take a subscribatory!
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.