aussiebear Posted September 14, 2018 Report Share Posted September 14, 2018 Quite a bit of green around for the early openers: Kiwis -0.1%, Aussies +0.5%, Japan +0.9% and Sth Korea +1.3%. Miners and Healthcare, both +1.3% are the leading Aussie sectors with Consumer Discretionary down the most, -0.3%. All Ords http://www.abc.net.au/news/business/ Link to comment Share on other sites More sharing options...
aussiebear Posted September 14, 2018 Author Report Share Posted September 14, 2018 http://bigcharts.mar...com/default.asp Link to comment Share on other sites More sharing options...
aussiebear Posted September 14, 2018 Author Report Share Posted September 14, 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 14, 2018 Author Report Share Posted September 14, 2018 http://www.engrish.com/2017/06/because-blended-dad-would-be-weird/ Found in Li’an, China. Link to comment Share on other sites More sharing options...
aussiebear Posted September 14, 2018 Author Report Share Posted September 14, 2018 All Ords 5-day chart http://bigcharts.mar...com/default.asp Buyers were lurking in the Aussie market today with All Ords finishing +0.6%. Sectors ranged from Healthcare +1.7% down to Consumer Staples -0.2%. Over in Asia, China -0.2%, Hong Kong +1%, Japan +1.2%, India currently +0.8%. UK/Europe up for starters: FTSE +0.1%, DAX and CAC +0.4%. http://bigcharts.mar...com/default.asp Link to comment Share on other sites More sharing options...
aussiebear Posted September 14, 2018 Author Report Share Posted September 14, 2018 http://bigcharts.mar...com/default.asp Link to comment Share on other sites More sharing options...
Jimbo Posted September 14, 2018 Report Share Posted September 14, 2018 QUANTITATIVE WHATEVER So Quantitative Easing has created some rather unfortunate things: 1/ Non existent real wage growth in the USA (all those empty malls and retailers going broke) 2/ Added significantly to Pension fund deficits (no bond income for you, low dividends on stocks). 3/ Added significantly to Budget deficits 4/ Lots more consumer debt. 5/ Lots more corporate debt as leverage is used to pump up stock prices through buy backs. 6/ Over valued stocks, bonds and over lending to capital deficit countries. So now we have QT Which should reverse these effects What QT does is take value from the PONZI economy (The leverage/asset value growth economy) And gives it back to the real economy of real goods and services. Is it inflationary - well YES and NO It deflates the PONZI economy but inflates the real economy at the same time. And as CPI measures the real economy you could call it inflationary. But not significantly Link to comment Share on other sites More sharing options...
DrStool Posted September 14, 2018 Report Share Posted September 14, 2018 QT causes money markets to tighten and interest rates to rise. Rising rates send an inflationary signal to consumers and businesses and they act accordingly. Link to comment Share on other sites More sharing options...
DrStool Posted September 14, 2018 Report Share Posted September 14, 2018 Still in a bullish pattern on the intraday charts. If it clears 2907, 3 day cycle projection would be 2918-20. Link to comment Share on other sites More sharing options...
DrStool Posted September 14, 2018 Report Share Posted September 14, 2018 5 day cycle projection 2925. Link to comment Share on other sites More sharing options...
DrStool Posted September 14, 2018 Report Share Posted September 14, 2018 I'd put the 3 day cycle projection at 2912 now. Link to comment Share on other sites More sharing options...
Jorma Posted September 14, 2018 Report Share Posted September 14, 2018 With 3% TNX back in play can a couple of day sharp selloff in stocks be far off? Link to comment Share on other sites More sharing options...
BurntOnce Posted September 14, 2018 Report Share Posted September 14, 2018 this must be near a top. the "mansion" section of the wall struck journal has never been thicker. of course i don't read the crap, all covered with rich bastards wearing $300 plaid shirts. Link to comment Share on other sites More sharing options...
DrStool Posted September 14, 2018 Report Share Posted September 14, 2018 Kind of surprised at the pullback, but it hasn't broken support. 2895 is the line in the sand. Link to comment Share on other sites More sharing options...
DrStool Posted September 14, 2018 Report Share Posted September 14, 2018 Sitting on the uptrend line from Sept 11. Link to comment Share on other sites More sharing options...
Recommended Posts
Archived
This topic is now archived and is closed to further replies.