aussiebear Posted November 23, 2018 Report Share Posted November 23, 2018 Early openers tripping lightly: Kiwis +0.2%, Aussies +0.1%, Japan closed, Sth Korea -0.1%. Aussie sectors are ranging from Consumer Staples +1.3% down to Telecomms -0.9%. All Ords http://www.abc.net.au/news/business/ Link to comment Share on other sites More sharing options...
aussiebear Posted November 23, 2018 Author Report Share Posted November 23, 2018 http://bigcharts.mar...com/default.asp Link to comment Share on other sites More sharing options...
aussiebear Posted November 23, 2018 Author Report Share Posted November 23, 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 November 23, 2018 Author Report Share Posted November 23, 2018 http://www.engrish.com/2017/04/your-hole-is-ready-saddam/ Found at restaurant in Aswan, Egypt. Link to comment Share on other sites More sharing options...
aussiebear Posted November 23, 2018 Author Report Share Posted November 23, 2018 All Ords 5-day chart http://bigcharts.mar...com/default.asp More of the same today with All Ords closing +0.4%. Financials +1.1% rose to the top of the gainers and Telecomms -1.2% was at the other end. Over in Asia, China slugged for -2.5%, Hong Kong -0.4%, Japan and India closed. UK/Europe just open with minor gains: FTSE +0.3%, DAX +0.1%, CAC +0.2%. http://bigcharts.mar...com/default.asp Link to comment Share on other sites More sharing options...
aussiebear Posted November 23, 2018 Author Report Share Posted November 23, 2018 http://bigcharts.mar...com/default.asp Link to comment Share on other sites More sharing options...
DrStool Posted November 23, 2018 Report Share Posted November 23, 2018 I wandered around the West End all afternoon. London is so awesome. The combination of energy and charm is just amazing. It's my favorite city. Link to comment Share on other sites More sharing options...
Jimbo Posted November 24, 2018 Report Share Posted November 24, 2018 WHAT IS SEEN AND WHAT IS NOT SEEN The best trades are to see what is not seen by the market and act accordingly. i.e. to arbitrage between what is seen and what is not seen. (Thank you Frederick Bastiat for that wonderful turn of phrase) That's why I take my hat of to Warrens great S&P put sale (now sadly ended when the puts NOW!!! would actually be of real value) Warren was able to sell lots of long dated S&P puts after 2008 and make a fortune All the while the FED through QE was handing out one big S&P put for FREE. Ill say that again in case you missed it.....FOR FREE!!!!!!!!!!!!!!!!!!!! Warren was able to monetize this free FED put and actually get some one to pay good money for it. $2.5 Billion in good money And when QE ended he simply stopped selling the puts!!! He simply arbitraged between the invisible FED free puts and the visible puts he was selling!!!!!!!! Between the seen and the unseen!!!! Brilliant!!!!!!!!!!!!!!!! Link to comment Share on other sites More sharing options...
Jimbo Posted November 25, 2018 Report Share Posted November 25, 2018 ONE MORE SEEN AND UNSEEN TRADE What is any one buying CDS on Deutche Bank debt (seen insurance) When the German Government will bail them out (unseen insurance) Deutche Bank debt is as good as German Government debt. Indeed one could build an ETF around seen/unseen trades. Lets call it the Bastiat ETF in honor of the great economist. Having said that I think it is high time for European sovereign debt yields to start blowing out As the US Government sucks up capital to finance their deficit. Link to comment Share on other sites More sharing options...
Jorma Posted November 25, 2018 Report Share Posted November 25, 2018 I don't think there is enough money anywhere to bail out DB in a really bad case scenario. Speaking of DB I see it has joined the single digit stock price club. Link to comment Share on other sites More sharing options...
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