aussiebear Posted January 30, 2019 Report Share Posted January 30, 2019 Fairly quiet for the early openers: Kiwis -0.5%, Aussies +0.2%, Japan -0.3%, Sth Korea +0.1%. In Aussie sectors, Miners +2.5%, Gold +2.2% and Materials +2% with IT down the most, -1%. All Ords http://www.abc.net.au/news/business/ Link to comment Share on other sites More sharing options...
aussiebear Posted January 30, 2019 Author Report Share Posted January 30, 2019 http://bigcharts.mar...com/default.asp Link to comment Share on other sites More sharing options...
aussiebear Posted January 30, 2019 Author Report Share Posted January 30, 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 30, 2019 Author Report Share Posted January 30, 2019 http://www.engrish.com/2017/01/dials-the-plumber/ Found in a park in Beijing, China. Link to comment Share on other sites More sharing options...
aussiebear Posted January 30, 2019 Author Report Share Posted January 30, 2019 All Ords 5-day chart http://bigcharts.mar...com/default.asp All Ords closed +0.2% with sectors evenly divided: Miners +2.7%, Gold +2.2% down to IT -1.2%. Over in Asia, China -0.7%, Hong Kong +0.4%, Japan -0.5%, India currently +0.4%. UK/Europe mixed on open: FTSE +0.8%, DAX -0.3% and CAC +0.4%. http://bigcharts.mar...com/default.asp Link to comment Share on other sites More sharing options...
aussiebear Posted January 30, 2019 Author Report Share Posted January 30, 2019 http://bigcharts.mar...com/default.asp Link to comment Share on other sites More sharing options...
Jorma Posted January 30, 2019 Report Share Posted January 30, 2019 To this inexpert eye it doesn't look like the Treasury is going all in on refunding their checking account. They may regret this as currently there is no debt limit so they can borrow as much as they want. In March that ends. If ever there was a time to have TBAC's $500bn rainy day fund in place this spring might be it. Or maybe they will crush it at the end of Feb. https://www.treasurydirect.gov/instit/annceresult/press/press_cashpydwn.htm Link to comment Share on other sites More sharing options...
Jorma Posted January 30, 2019 Report Share Posted January 30, 2019 The prevalence of nipple bottoms around the changing of the hour is getting ridiculous. Watch a 1 minute chart of MACD with signal lines. If it starts to cross over to the upside from negative, around the hour, buy. Link to comment Share on other sites More sharing options...
DrStool Posted January 30, 2019 Report Share Posted January 30, 2019 Another beautiful day out and about in Nice. Now, back to work. Link to comment Share on other sites More sharing options...
DrStool Posted January 30, 2019 Report Share Posted January 30, 2019 Dow broke out and SPX didn't. Bearish. Link to comment Share on other sites More sharing options...
DrStool Posted January 30, 2019 Report Share Posted January 30, 2019 In reality, the Dow did not break out. The 3 peaks are on slightly rising channel line. In technical analysis we call these peaks on a rising trendline: tenors. In this case we have the Three Tenors. The fat lady already sang. ` Link to comment Share on other sites More sharing options...
specie Posted January 30, 2019 Report Share Posted January 30, 2019 Crud low spike re chiner? Link to comment Share on other sites More sharing options...
Jorma Posted January 30, 2019 Report Share Posted January 30, 2019 Cripes, I forgot, Fed words. “The Committee continues to view changes in the target range for the federal funds rate as its primary means of adjusting the stance of monetary policy,” the statement said. Though the Fed added that it “is prepared to adjust any of the details for completing balance sheet normalization in light of economic and financial conditions.” Is he kidding himself, or just us. It's so perfect. Words are how policy is adjusted. The balance sheet? Oh never mind that. Link to comment Share on other sites More sharing options...
specie Posted January 30, 2019 Report Share Posted January 30, 2019 Oh forgot fed head garbage day Link to comment Share on other sites More sharing options...
DrStool Posted January 30, 2019 Report Share Posted January 30, 2019 The Dow and SPX chart patterns have now unmistakably broken out. The market is reading the Fed as having capitulated to a 20% decline in stock prices. I'm not sure that this judgment matters. It matters today. But it won't matter in the long run unless the Fed actually does print. Link to comment Share on other sites More sharing options...
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