aussiebear Posted August 31, 2018 Report Share Posted August 31, 2018 Early openers looking dispirited: Kiwis -0.4%, Aussies -0.3%, Japan -0.5%, Sth Korea -0.2%. Most Aussie sectors mired in red: Telecomms -3%, Miners -1.4% and Materials -1%. All Ords http://www.abc.net.au/news/business/ Link to comment Share on other sites More sharing options...
aussiebear Posted August 31, 2018 Author Report Share Posted August 31, 2018 http://bigcharts.mar...com/default.asp Link to comment Share on other sites More sharing options...
aussiebear Posted August 31, 2018 Author Report Share Posted August 31, 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 31, 2018 Author Report Share Posted August 31, 2018 http://www.engrish.com/2017/06/guess-youll-have-to-stay-in-the-car-uncle-bill/ Found near Phuket, Thailand. Link to comment Share on other sites More sharing options...
aussiebear Posted August 31, 2018 Author Report Share Posted August 31, 2018 All Ords 5-day chart http://bigcharts.mar...com/default.asp All Ords closed -0.5% and with only one sector gaining, Healthcare +0.4%. On the downside, Telecomms -3.9%, Miners -1.7% and Materials -1.3% lost the most. Over in Asia, China -0.5%, Hong Kong -1%, Japan flat, India currently -0.2%. UK/Europe having another down day: FTSE -0.3%, DAX -1% and CAC -0.7%. http://bigcharts.mar...com/default.asp Link to comment Share on other sites More sharing options...
aussiebear Posted August 31, 2018 Author Report Share Posted August 31, 2018 http://bigcharts.mar...com/default.asp Link to comment Share on other sites More sharing options...
Jorma Posted August 31, 2018 Report Share Posted August 31, 2018 So with today's auction the Treasury sold just over one trillion in securities this month, $237bn of which was new borrowing. There shouldn't be much worry about a shortage of Treasury paper when QE rolls around again. Link to comment Share on other sites More sharing options...
DrStool Posted August 31, 2018 Report Share Posted August 31, 2018 2 day cycle projection 2895 was already hit yesterday. Link to comment Share on other sites More sharing options...
DrStool Posted August 31, 2018 Report Share Posted August 31, 2018 1 hour ago, Jorma said: So with today's auction the Treasury sold just over one trillion in securities this month, $237bn of which was new borrowing. There shouldn't be much worry about a shortage of Treasury paper when QE rolls around again. The ability of the market to absorb that was impressive. It has soaked up an enormous amount of liquidty from the financial sphere and transferred it to the economic sphere. Eventually this must end badly. The issue is timing. Link to comment Share on other sites More sharing options...
DrStool Posted August 31, 2018 Report Share Posted August 31, 2018 New range established. Numbers to watch for potential resistance 2904, 2910. Link to comment Share on other sites More sharing options...
DrStool Posted August 31, 2018 Report Share Posted August 31, 2018 On the downside, look for support at 2893 and 2890. Below those it gets interesting. Link to comment Share on other sites More sharing options...
zero_value Posted August 31, 2018 Report Share Posted August 31, 2018 3 hours ago, DrStool said: The ability of the market to absorb that was impressive. It has soaked up an enormous amount of liquidty from the financial sphere and transferred it to the economic sphere. Eventually this must end badly. The issue is timing. Doc can you determine if the absorption was new margin debt, rotation, other sources, any sources......seems very strange that the market stock melt-up continues directly in contrast.....dark money program at work ....... Link to comment Share on other sites More sharing options...
DrStool Posted August 31, 2018 Report Share Posted August 31, 2018 5 day cycle projection 2894 exceeded. Link to comment Share on other sites More sharing options...
Jorma Posted August 31, 2018 Report Share Posted August 31, 2018 There is no conspiracy. The markets are a racket. Create wealth out of nothing. Link to comment Share on other sites More sharing options...
DrStool Posted August 31, 2018 Report Share Posted August 31, 2018 22 minutes ago, zero_value said: Doc can you determine if the absorption was new margin debt, rotation, other sources, any sources......seems very strange that the market stock melt-up continues directly in contrast.....dark money program at work ....... To some extent, yes. Some answers here: https://suremoneyinvestor.com/2018/08/your-independent-how-to-guide-prospering-during-a-market-downturn/ Link to comment Share on other sites More sharing options...
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