aussiebear Posted October 22, 2018 Report Share Posted October 22, 2018 Another shunt south for the early openers: Kiwis closed, Aussies -0.7%, Japan -1% and Sth Korea -0.6%. Aussie sectors mostly in the red: Consumer Discretionary, Healthcare and IT all -1.5%. All Ords http://www.abc.net.au/news/business/ Link to comment Share on other sites More sharing options...
aussiebear Posted October 22, 2018 Author Report Share Posted October 22, 2018 http://bigcharts.mar...com/default.asp Link to comment Share on other sites More sharing options...
aussiebear Posted October 22, 2018 Author Report Share Posted October 22, 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 October 22, 2018 Author Report Share Posted October 22, 2018 http://www.engrish.com/2017/05/donig-whats-right/ Found in Taiwan. Link to comment Share on other sites More sharing options...
DrStool Posted October 22, 2018 Report Share Posted October 22, 2018 The PPT is at work over in Asia. Link to comment Share on other sites More sharing options...
aussiebear Posted October 22, 2018 Author Report Share Posted October 22, 2018 All Ords 5-day chart http://bigcharts.mar...com/default.asp All Ords meandered along sideways for the rest of the day to finish -0.6%. Sectors ranged from Gold +0.5% down to Consumer Discretionary and Healthcare, both -1.7%. As Doc noted, there was a rebound in Asia: China +4.1%, Hong Kong +2.3%, Japan +0.4%, India not convinced, currently -0.1%. Mildly green in UK/Europe: FTSE and DAX +0.5%, CAC +0.3%. http://bigcharts.mar...com/default.asp Link to comment Share on other sites More sharing options...
aussiebear Posted October 22, 2018 Author Report Share Posted October 22, 2018 http://bigcharts.mar...com/default.asp Link to comment Share on other sites More sharing options...
Jorma Posted October 22, 2018 Report Share Posted October 22, 2018 11 hours ago, DrStool said: The PPT is at work over in Asia. As I was saying Thursday the government in China will step in. I've been impressed they let it go down as much as it did. 26% year to date at the bottom Friday morning. It's up like 8% since then. Let me ask this. Are we going to let China win this 'capitalism' thing? Hell no, we are going to be great, the greatest, or die trying. I have no idea how it will all play out but sooner of later The Party is going to control the Fed. The Fed is the weak link in our PPT. -------------------- (b) The Working Group shall consult, as appropriate, with representatives of the various exchanges, clearinghouses, self-regulatory bodies, and with major market participants to determine private sector solutions wherever possible. (c) The Working Group shall report to the President initially within 60 days (and periodically thereafter) on its progress and, if appropriate, its views on any recommended legislative changes."[1] The Working Group consists of: The Secretary of the Treasury, or his or her designee (as Chairperson of the Working Group); The Chairperson of the Board of Governors of the Federal Reserve System, or his or her designee; The Chairperson of the Securities and Exchange Commission, or his or her designee; and The Chairperson of the Commodity Futures Trading Commission, or his or her designee. I saw some blurb recently where some guy claimed to have called the 08 plunge and the subsequent rally saying from now through 19 will be tough sledding for the markets and then among other things the Fed will start buying stocks directly. Nuts? The nuts part may be a year or more of bear market to grease the skids for direct market intervention. Not buying stocks perhaps but futures of course, and QE. Then again if the laws are actually followed the Fed stands in the way. There is nobody in the whole world who does not want asset inflation. Link to comment Share on other sites More sharing options...
DrStool Posted October 22, 2018 Report Share Posted October 22, 2018 Cyclically, next couple weeks favor the upside. http://wallstreetexaminer.com/2018/10/here-are-the-keys-to-whether-stocks-crash-or-rally/ Link to comment Share on other sites More sharing options...
DrStool Posted October 22, 2018 Report Share Posted October 22, 2018 If the bulls can't take advantage of this brief cyclical interlude, it would get real ugly on the downside. Link to comment Share on other sites More sharing options...
DrStool Posted October 22, 2018 Report Share Posted October 22, 2018 That didn't take long. Uptrend broken. Support 2757. All hell could break loose if it breaks. Link to comment Share on other sites More sharing options...
BurntOnce Posted October 22, 2018 Report Share Posted October 22, 2018 it's below the 200 DMA. Link to comment Share on other sites More sharing options...
DrStool Posted October 22, 2018 Report Share Posted October 22, 2018 Fake and stick save. But not out of the weeds yet. Link to comment Share on other sites More sharing options...
DrStool Posted October 22, 2018 Report Share Posted October 22, 2018 5 day cycle projection 2754 was hit. Link to comment Share on other sites More sharing options...
MisFit Kid Posted October 22, 2018 Report Share Posted October 22, 2018 Cannot get a quote at Schwab Too many CB machines buying right now....... 2750 magically saved......again....with the +20 buy button >: everything green in the blink of an eye/stroke of a "basement" keyboard >:: so that is how you ramp it, shut people out (happened last week too at Schwab, during one of those magical hours) Link to comment Share on other sites More sharing options...
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