aussiebear Posted August 29, 2018 Report Share Posted August 29, 2018 Rises in most the early openers: Kiwis +1%, Aussies +0.1%, Japan +0.2%, Sth Korea flat. Aussie sectors ranging from Financials +0.7% down to Telecomms -1.5% and Gold -1.1%. All Ords http://www.abc.net.au/news/business/ Link to comment Share on other sites More sharing options...
aussiebear Posted August 29, 2018 Author Report Share Posted August 29, 2018 http://bigcharts.mar...com/default.asp Link to comment Share on other sites More sharing options...
aussiebear Posted August 29, 2018 Author Report Share Posted August 29, 2018 http://money.cnn.com...s/morning_call/ 24 hr Gold http://www.kitco.com http://www.kitconet....ase_metals.html http://www.kitconet.com/indexes.html Link to comment Share on other sites More sharing options...
aussiebear Posted August 29, 2018 Author Report Share Posted August 29, 2018 http://www.engrish.com/2017/07/step-in-a-floor-only/ Found in Yokosuka, Japan. Link to comment Share on other sites More sharing options...
aussiebear Posted August 29, 2018 Author Report Share Posted August 29, 2018 All Ords 5-day chart http://bigcharts.mar...com/default.asp All Ords rose +0.7% for the day thanks to the heavyweight Financial sector which closed +1.8%. Next in line was Materials +0.8% with Gold -0.7% down the most. Over in Asia, China -0.3%, Hong Kong and Japan +0.2%, India currently -0.2%. Cautious moves in UK/Europe: FTSE -0.3%, DAX +0.1% and CAC +0.1%. http://bigcharts.mar...com/default.asp Link to comment Share on other sites More sharing options...
aussiebear Posted August 29, 2018 Author Report Share Posted August 29, 2018 http://bigcharts.mar...com/default.asp Link to comment Share on other sites More sharing options...
aussiebear Posted August 29, 2018 Author Report Share Posted August 29, 2018 Doc, I'm not getting a "lock topic" option... Link to comment Share on other sites More sharing options...
DrStool Posted August 29, 2018 Report Share Posted August 29, 2018 Final 5 day cycle projection 2910 till next cycle. 2 day 2913. Link to comment Share on other sites More sharing options...
DrStool Posted August 29, 2018 Report Share Posted August 29, 2018 Breakout through multiple resistance lines at 2911. Link to comment Share on other sites More sharing options...
zero_value Posted August 29, 2018 Report Share Posted August 29, 2018 Candle nailed this one not sure he/she is actually capitalizing but makes the few remaining folks shorts (me) look like absolute fools. Countless blow off tops time and time over a decade makes one wonder about dark money not accounted for in liquidity analysis nothing would surprise me to find that the published numbers are just that and do not represent dark money system between CB that has these markets beyond even bubble territory......Tin hat crap aside I can see the headlines "CB for the better of all World banks and financial stability installed a dark monetary system a decade ago where zero cost of fiat exchanges"..... Doc we need to turn and turn sharply soon or we need to start turning over rocks where these sociopaths live.... Link to comment Share on other sites More sharing options...
DrStool Posted August 29, 2018 Report Share Posted August 29, 2018 Pulled back to test the breakout. Now we see how much juice is left. There are no projections yet beyond the 2914 already reached. Link to comment Share on other sites More sharing options...
DrStool Posted August 29, 2018 Report Share Posted August 29, 2018 I think that the increase in margin debt as shown by record loans to shadow banks through last week is part of the explanation. Also the rush by pension funds to take advantage of the higher contribution deduction on 2017 contributions available until the end of this month probably played a role. Finally buybacks, largely financed by the repatriation of corporate cash under the new tax law. The last 2 of these are one shot deals that will dissipate over time. The increase in leverage increases the probability of disorderly adjustment. Link to comment Share on other sites More sharing options...
DrStool Posted August 29, 2018 Report Share Posted August 29, 2018 3 day cycle projection 2916. Link to comment Share on other sites More sharing options...
zero_value Posted August 29, 2018 Report Share Posted August 29, 2018 55 minutes ago, DrStool said: I think that the increase in margin debt as shown by record loans to shadow banks through last week is part of the explanation. Also the rush by pension funds to take advantage of the higher contribution deduction on 2017 contributions available until the end of this month probably played a role. Finally buybacks, largely financed by the repatriation of corporate cash under the new tax law. The last 2 of these are one shot deals that will dissipate over time. The increase in leverage increases the probability of disorderly adjustment. The analysis you have done has been proven time and time again the record is clear. The above additional data supports the current market mania as the market has absorbed the liquidity to its favor. Markets *should* roll over hard in 3.....2......1....... Link to comment Share on other sites More sharing options...
aussiebear Posted August 30, 2018 Author Report Share Posted August 30, 2018 ---> Tepid Thursday Link to comment Share on other sites More sharing options...
Recommended Posts
Archived
This topic is now archived and is closed to further replies.