aussiebear Posted September 12, 2018 Report Share Posted September 12, 2018 Early openers dodging about: Kiwis -0.5%, Aussies -0.1%, Japan -0.3% and Sth Korea flat. Aussie sectors not big on green: Energy +1.7% is one of the few with Telecomms -1% down the most followed by Gold -0.8%. All Ords http://www.abc.net.au/news/business/ Link to comment Share on other sites More sharing options...
aussiebear Posted September 12, 2018 Author Report Share Posted September 12, 2018 http://bigcharts.mar...com/default.asp Link to comment Share on other sites More sharing options...
aussiebear Posted September 12, 2018 Author Report Share Posted September 12, 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 September 12, 2018 Author Report Share Posted September 12, 2018 http://www.engrish.com/2017/06/get-a-grip-man/ http://www.engrish.com/2017/06/get-a-grip-man/ Motorcycle hand grips from Japan circa 1975. Link to comment Share on other sites More sharing options...
aussiebear Posted September 12, 2018 Author Report Share Posted September 12, 2018 All Ords 5-day chart http://bigcharts.mar...com/default.asp All Ords came off the lows to finish -0.1% with sectors ranging from Energy +1.8% down to Gold -1.4%. Over in Asia, China, Hong Kong and Japan all -0.3%, India currently +0.7%. Over in UK/Europe, FTSE -0.1%, DAX +0.5% and CAC +0.8%. http://bigcharts.mar...com/default.asp Link to comment Share on other sites More sharing options...
aussiebear Posted September 12, 2018 Author Report Share Posted September 12, 2018 http://bigcharts.mar...com/default.asp Link to comment Share on other sites More sharing options...
Jorma Posted September 12, 2018 Report Share Posted September 12, 2018 Everybody is all bulled up because the economy is so strong. Please tell us Dr. Stool. What does the economy have to do with the stock market? Link to comment Share on other sites More sharing options...
DrStool Posted September 12, 2018 Report Share Posted September 12, 2018 The Fed watches it and will keep tightening. Link to comment Share on other sites More sharing options...
DrStool Posted September 12, 2018 Report Share Posted September 12, 2018 I have a piece coming today on Money Morning. Link to comment Share on other sites More sharing options...
Jorma Posted September 12, 2018 Report Share Posted September 12, 2018 1 hour ago, DrStool said: The Fed watches it and will keep tightening. I was hoping for an epic rant. I mean I threw that pitch right down the middle. Link to comment Share on other sites More sharing options...
juggler Posted September 12, 2018 Report Share Posted September 12, 2018 ?? Link to comment Share on other sites More sharing options...
DrStool Posted September 12, 2018 Report Share Posted September 12, 2018 Make that Suremoney. https://suremoneyinvestor.com/2018/09/these-numbers-could-push-the-fed-to-do-something-stupid/ Link to comment Share on other sites More sharing options...
DrStool Posted September 12, 2018 Report Share Posted September 12, 2018 2 hours ago, Jorma said: I was hoping for an epic rant. I mean I threw that pitch right down the middle. Well, I've been very consistent in my writing. The economy matters because it matters to the Fed. Good economic news is bad news for the markets because it will keep the Fed on track. I have consistently said that I expect the economic data to be strong because of the deficit spending. Markets top out when the news is good because that's when the Fed pulls the punchbowl. I don't agree with Granville that the economy has nothing to do with the market. The Fed tries to manipulate both, and will tighten until there's a "material adverse event," whether that's an economic event, or more likely, a market event. Link to comment Share on other sites More sharing options...
DrStool Posted September 12, 2018 Report Share Posted September 12, 2018 Bullish pattern on the hourly again. Link to comment Share on other sites More sharing options...
aussiebear Posted September 13, 2018 Author Report Share Posted September 13, 2018 ---> Tousled Thursday Link to comment Share on other sites More sharing options...
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