aussiebear Posted January 2, 2019 Report Share Posted January 2, 2019 Looks like the Aussie market is the only one open at this stage and is unremarkably flat. Sectors are ranging between Healthcare +0.5% down to Telecomms -0.8%. All Ords http://www.abc.net.au/news/business/ Link to comment Share on other sites More sharing options...
aussiebear Posted January 2, 2019 Author Report Share Posted January 2, 2019 http://bigcharts.mar...com/default.asp Link to comment Share on other sites More sharing options...
aussiebear Posted January 2, 2019 Author Report Share Posted January 2, 2019 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 January 2, 2019 Author Report Share Posted January 2, 2019 http://www.engrish.com/2017/02/even-if-times-i-gotta-tell-you/ Found in Osaka, Japan. Link to comment Share on other sites More sharing options...
Jorma Posted January 2, 2019 Report Share Posted January 2, 2019 If Trump doesn't end this stupid shutdown it is going to wildly distort the Treasuries cash balance, to the upside, unless they curtail borrowing. Not to mention lower economic statistics to the downside. Tens or hundreds of billions sitting in the Treasuries account don't do squat for the economy. I doubt even Trump is enough of a megalomaniac to allow that but one never knows. Irrelevant to the markets for the time being in any quantitative way but the failure of governance is weighing on 'confidence'. Link to comment Share on other sites More sharing options...
DrStool Posted January 2, 2019 Report Share Posted January 2, 2019 No material change in cash balance yet. I don't think that the reduction in Federal spending will have a material economic impact unless social security payments don't go out. It's not the change in the cash balance, but the lack of spending that would have the impact. The cash balance is just the corrolary reflection of the lack of spending. It should start to show up in a big way around the third week of the month. Link to comment Share on other sites More sharing options...
DrStool Posted January 2, 2019 Report Share Posted January 2, 2019 At 3:15 AM ET the ES is down 38 points. Link to comment Share on other sites More sharing options...
DrStool Posted January 2, 2019 Report Share Posted January 2, 2019 At 3:30 back home, ES now down 50. Link to comment Share on other sites More sharing options...
aussiebear Posted January 2, 2019 Author Report Share Posted January 2, 2019 All Ords 5-day chart http://bigcharts.mar...com/default.asp All Ords coughed up a furball, closing -1.5% for the day. All sectors were down led by Energy -2.6%, Telecomms -2.5% and Consumer Discretionary/Financials -2%. Blood in the street in Asia: China -1.2%, Hong Kong -2.8%, India currently -1.3%. Off the cliff in UK/Europe: FTSE -1.7%, DAX -1.6%, CAC -2.6%. http://bigcharts.mar...com/default.asp Link to comment Share on other sites More sharing options...
DrStool Posted January 2, 2019 Report Share Posted January 2, 2019 And as the early risers on the East Coast awaken, they are covering their ES shorts, driving it from down 50 to down 35. Link to comment Share on other sites More sharing options...
DrStool Posted January 2, 2019 Report Share Posted January 2, 2019 Now down 29. This has been the typical pattern overnight. Foreign selling early. Then Europe starts covering as US traders begin to come online. Link to comment Share on other sites More sharing options...
sandy beach Posted January 2, 2019 Report Share Posted January 2, 2019 If we get a bounce later today or go sideways for a few days we're likely to get an MACD cross-over on the S&P daily chart. Link to comment Share on other sites More sharing options...
DrStool Posted January 2, 2019 Report Share Posted January 2, 2019 Down 40 again. Link to comment Share on other sites More sharing options...
aussiebear Posted January 2, 2019 Author Report Share Posted January 2, 2019 http://bigcharts.mar...com/default.asp Link to comment Share on other sites More sharing options...
sandy beach Posted January 2, 2019 Report Share Posted January 2, 2019 Tesla (TSLA) down 7%+ pre-market. Link to comment Share on other sites More sharing options...
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