Jump to content
Sign in to follow this  

World Stock Markets Trading Discussion - Zombie zone

Rate this topic

Recommended Posts

All Ords 5-day chart




All Ords looks like it's gathering strength to make another try for resistance.  The index closed -0.2% with sectors ranging from Gold +2.8% down to Energy -2.7%.

Over in Asia, China -1.1%, Hong Kong +0.2%, Japan -0.6%, India curently +0.5%.

UK/Europe open and heading up: FTSE +0.6%, DAX +0.3% and CAC +0.4%.










Share this post

Link to post
Share on other sites

Fed day and don't forget 11/28 where they made up a story about what Powell said in a speech and the S&P went up 60 points.

Share this post

Link to post
Share on other sites

2 trendlines converged at 2575 in  the 10-11 hour. Interesting that the market stalled there.  It's not over till it's over, but it's interesting. Stay tuned. 

Share this post

Link to post
Share on other sites
1 hour ago, DrStool said:

Looks like everyone's betting the Fed will come out super dovish. 

The only surprise can be some words that are sold as dovish.  Replacing a semicolon  from the last statement with a comma may do it. There is no possible way they will use any words that implies more 'rate increases' or more or faster "normalization".  

Of course Powell will have to answer questions and he could make a mistake there.

Share this post

Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

Stock market portfolio giving you the runs? See Dr. Stool.

Take a subscribatory!
The Anals of Stock Proctology now!

The Daily Stool - Stock Market Message Board
Stool's Gold- Gold and Precious Metals Forum
Look Out Below Message Board

Support your local Stool Board.

The Al E. Greenspeuman designer line at Stoolmart. Get yours today! Click here now!

Old Stool Depository

The Wall Street Examiner
Subscribe to the Wall Street Examiner
Contact Us

Market Quotes are powered by Investing.com.