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aussiebear

World Stock Markets Trading Discussion - Hidden hackles

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The US closing early for the next session means things are pretty quiet: Kiwis +1.1%, Aussies +0.5%, Japan +0.4%, Sth Korea +0.5%.

Consumer Staples +1.4% is leading Aussie sectors with Miners down the most, -1.1%.

 

 

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 blip upwards for All Ords with the index closing +0.5%.  Aussie sectors had Telecomms on top, +2.1% followed by Utilities +1.3%.  Miners was down the most, -1.8%.

Over in Asia, China +0.4%, Hong Kong -1.4%, Japan -0.1%, India currently +0.4%.


Over in UK/Europe, FTSE +0.3%, DAX +1%, CAC +0.8%.

 

 

 

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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Passing through Dillon SC, the hometown of Ben Bernanke. 

 

God damn the day that monster was born. How many lives did he ruin with ZIRP? 

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That didn't go well - out of Micron at $50.47 one minute before the close. I didn't want to be holding this until Thursday morning to get confirmation since this is potentially 50% of the market gone for Micron in one ruling. Holy crackers! Just a shame - they have been executing just flawlessly. The race between the US and China to see who back be a bigger wanker is on!

 

Bloomberg reports that in a patent ruling in favor of Taiwanese rival United Microelectronics (UMC), the Fuzhou Intermediate People’s Court of the People’s Republic of China issued a preliminary injunction stopping Micron from selling 26 products, including dynamic random access memory and Nand flash memory-related products, UMC said in a statement Tuesday. Micron said it’s preparing a response.The case is part of a broader dispute between the two companies centering on accusations that UMC acted as a conduit for the theft of the Micron’s designs in an attempt to help China grow its domestic chip industry and replace imports that rival oil in total value. A Chinese antitrust regulator is already investigating Micron and its Korean rivals, the companies have said. Local media has reported that authorities are looking into increases in chip prices. China accounted for more than 50 percent of Micron’s revenue in fiscal 2017,
 

RT Reports:  $MU Micron Declines To Comment On Reports China Blocked Sales ‘Until It Has Received Court Notice’

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Passing through Dillon SC, the hometown of Ben Bernanke. 

 

God damn the day that monster was born. How many lives did he ruin with ZIRP? 

 

Sick f*cker and the rest of the ilk

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