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World Stock Markets Trading Discussion - Inconstant impulses

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All Ords 5-day chart




Hmmm, a nasty drop followed by a consolidation at the lows .. not a good look for All Ords.  The index closed -0.7% with Energy the only up sector, +0.1% and Consumer Discretionary down the most, -1.8%.

Over in Asia, China closed, Hong Kong -2.4%, Japan +0.1%, India closed.

A touch of the bear in UK/Europe: FTSE -0.6%, DAX and CAC -1%.












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1 hour ago, BurntOnce said:

look at brazil (EWZ) go!

I saw a blurb last week that "investors" were pouring into Brazil because an ex general is expected to do well in the first round of presidential elections. 

In other Brazil news Exxon and Chevron got leases in the deep water pre salt oil field. They had been shut out, somehow, in the first auctions several years ago. That lead eventually to the ousting and jailing of Lulu. The worlds first neoliberal coup.

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2 hours ago, DrStool said:

We are heading for the second worst bear market in history. 

I'm worried it might not start till 2028.

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