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World Stock Markets Trading Discussion - Notional nuances


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All Ords 5-day chart

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

 

All Ords shot up +0.9% but is now looking a trifle overexended.  Gold +1.8% was way out in front followed by Materials and REITS, both +1.7%.

Over in Asia, China -0.2%, Hong Kong +0.7%, Japan +1.1% and India +0.1%.

UK/Europe backing off: FTSE -0.1%, DAX +0.1%, CAC -0.3%.

 

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

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

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This Republic Metals bankruptcy is a real problem. $174 million in assets and $265 in liabilities. $177 million in senior debt. Potential for a lot of fallout.

 

[RMC] discovered a significant discrepancy in its inventory accounting as part of its preparation of 2017 year end financials and quarterly financials for the first quarter, 2018 … a final report that confirmed inventory discrepancies in the Debtors’ books and records.”

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