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aussiebear

World Stock Markets Trading Discussion - Passing parade

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A whole lot of thunderstorms rolled overhead this am so I had to shut down the electronics... a chilly 15C at the moment.

Early openers showing gains, mostly of a minor nature: Kiwis +0.1%, Aussies +0.2%, Japan +0.6% and Sth Korea +0.2%.

 

Aussie sectors ranging from Miners +1.4%, Materials +1% down to Gold -0.8%.

 

 

All Ords

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http://www.abc.net.au/news/business/

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big.chart?nosettings=1&symb=AU%3AXAO&uf=

http://bigcharts.mar...com/default.asp

 

 

A general chug a lug sideways for All Ords with the index finishing +0.1%.  Miners +1.3% was the main gainer followed by Materials +1%.  Healthcare and Gold were down the most, both -0.9%.

Over in Asia, China +0.1%, Hong Kong +0.4%, Japan +0.6% and India currently +0.2%.

 

 

On to UK/Europe:

 

 

big.chart?nosettings=1&symb=UK%3AUKX&uf=

 

big.chart?nosettings=1&symb=DX%3ADAX&uf=

 

big.chart?nosettings=1&symb=FR%3APX1&uf=

http://bigcharts.mar...com/default.asp

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Well at least the 10yr has peeked above 2.50.  Pretty weak consolation.

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This is a gap breakout. 

 

only market worth being short right now are bonds.

 

above 2.62 and quick 3 comes.  above 3 and great bond bull is over.

 

the double bottom is reverse situation of double top breakdown in early 1980's

 

when 10's pop above 3, stocks great bull over as well

post-10683-0-32717500-1515518494_thumb.jpg

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only market worth being short right now are bonds.

 

above 2.62 and quick 3 comes.  above 3 and great bond bull is over.

 

the double bottom is reverse situation of double top breakdown in early 1980's

 

when 10's pop above 3, stocks great bull over as well

 

Gaps get filled but I am not sure it's a gap on the daily chart. I don't have the info right now.  At any rate it could be another significant point in the bond market but that plays out long term. I don't think 3% would per say do much to change things in the financial markets. Could be. A hiccup maybe.

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As some old wag here once said, something to the effect that nothing changes until rates rise.  To which we can add, everything changes if rates rise. How much is the key question. 4% on the 10's?  Probably. 6%? I don't think I will live that long. They will print $100TN first.

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