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World Stock Markets Trading Discussion - Accelerating avalanche


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All Ords 5-day chart

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http://bigcharts.mar...com/default.asp

 

All Ords is hammering away at the 6050 barrier but has failed to break through so far.  The index finished -0.1% with sectors ranging from Gold +2.2% down to IT -1.1%.

Over in Asia, China jumped +2.6%,  Hong Kong +0.4%, Japan -0.6%, India currently -1.4%.

UK/Europe heading down in unison: FTSE -0.1%, DAX -0.4% and CAC -0.7%.

 

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big.chart?nosettings=1&symb=FR%3APX1&uf=

  http://bigcharts.mar...com/default.asp

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"BB&T Corp. (BBT +2.4%) CEO Kelly King says he's reduced his expectations for large-bank consolidation across the industry due to advancements in some shared technology systems."

There is a productivity event allowing the smaller and medium banks to catch up working with tools from companies like ELLI and MKTX. It will be interesting to watch this evolve.

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