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aussiebear

World Stock Markets Trading Discussion - Smooth sailing

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Early openers all over the place: Kiwis flat, Aussies +1%, Japan +0.2%, Sth Korea -0.3%.

Announcements re opening of new mega mines has propelled all Aussie sectors into the green: Telecomms +2.5%, Gold +1.7%, IT/Energy +1.6%.

 

 

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 strong up day for All Ords with the index closing +1.2%.  Sectors ranged from Financials +1.9%, Gold +1.7% down to the only red sector, Healthcare -0.2%.

Over in Asia, China -0.7%, Hong Kong -0.4%, Japan +0.5%, India currently -0.2%.


UK/Europe trying to gain traction: FTSE -0.5%, DAX flat, CAC +0.1%.

 

 

 

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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the fiscal stock buyback program (tax break) seems to be

holding things up. four hikes, trade tariffs and it barely budges.

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One of the best articles of the year. Very easy to get caught up in the crytpo, Fang, buyouts, new paradigm,  mania. The market is certainly convincing everyone the grass is greener on the other side. Very sobering stats in the article.

 

Thanks!  

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Well, the short from yesterday (2787.25) is looking good.

 

Moving stop to 2785.

 

Trade safe.

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SPX already blew out the 3 and 5 day cycle projections of 2766. 

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Neckline of reverse h&s 2773.73 If cleared, up we go. If not, down we go. 

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fornicate

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2 day cycle projection 2785. 

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