aussiebear Posted March 18, 2019 Report Share Posted March 18, 2019 Minimal green abounding in the early openers: Kiwis +0.3%, Aussies +0.1% Japan +0.3%, Sth Korea flat. Not a lot of movement in Aussie sectors: Miners +1% down to Telecomms/Utilities -0.8%. All Ords http://www.abc.net.au/news/business/ Link to comment Share on other sites More sharing options...
aussiebear Posted March 18, 2019 Author Report Share Posted March 18, 2019 http://bigcharts.mar...com/default.asp Link to comment Share on other sites More sharing options...
aussiebear Posted March 18, 2019 Author Report Share Posted March 18, 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 March 18, 2019 Author Report Share Posted March 18, 2019 http://www.engrish.com/2018/11/ample-parking-up-front/ Found in China. Link to comment Share on other sites More sharing options...
aussiebear Posted March 18, 2019 Author Report Share Posted March 18, 2019 All Ords 5-day chart http://bigcharts.mar...com/default.asp A positive day for All Ords with the index finishing +0.3%. In the sectors, Miners +1.3%, Materials +1.1% down to Utilities -0.6%. Some notable rises in Asia: China +2.5%, Hong Kong +1.4%, Japan +0.6%, India not joining in, currently flat. UK/Europe just open: FTSE +0.6%, DAX and CAC flat. http://bigcharts.mar...com/default.asp Link to comment Share on other sites More sharing options...
aussiebear Posted March 18, 2019 Author Report Share Posted March 18, 2019 http://bigcharts.mar...com/default.asp Link to comment Share on other sites More sharing options...
DrStool Posted March 18, 2019 Report Share Posted March 18, 2019 I am back to working on WSE and Liquidity Trader full time as of this weekend. Here's my first SEO optimized, marketing oriented free post. Writing for that purpose is an interesting learning experience for me. Stilted, but hopefully got lots of good info across too. Link to comment Share on other sites More sharing options...
Jorma Posted March 18, 2019 Report Share Posted March 18, 2019 I have a crazy thought that I will just throw out in the interest of avoiding possible surprises. Suppose, and sure it's wacky, just suppose the Fed jumped back into the short end, T Bills. That's where the problem is after all. Now how they could justify it who knows since they have spent a decade defending the make believe Fed Funds market. On the other hand since all serious people believe absolutely in the fairy tale FF market I don't think a new fairy tale would be a hard sell. I'm just saying someday, maybe next emergency they may get back into the short end. One advantage would be they would not have to call it QE. Link to comment Share on other sites More sharing options...
DrStool Posted March 18, 2019 Report Share Posted March 18, 2019 Why wouldn't it be QE? Link to comment Share on other sites More sharing options...
Jorma Posted March 18, 2019 Report Share Posted March 18, 2019 8 minutes ago, DrStool said: Why wouldn't it be QE? For the same reason it's open market operations since forever were not called QE. QE implies, although most people don't know it, buying coupons, long dated paper. Well no matter, it's just semantics. Then again with the Fed every single word is chiseled to have a specific meaning. Admittedly I don't know if their repo activity amounts to squat. Link to comment Share on other sites More sharing options...
DrStool Posted March 18, 2019 Report Share Posted March 18, 2019 I think that you are correct that the Fed will need to buy T-bills. But whether it's QE or not depends not on the maturity spectrum, but the quantity. QE means aggressively expanding the balance sheet to flood the banking system with money. The norm used to be 3-5% growth per year. That was similar to the growth rate of GDP. The theory was that the balance sheet should expand enough to accomodate growth. That was not considered easing, quantitative or otherwise. Then they shifted gears to 100% growth in a year in 2009. In essence, any massive increase in the size of a central bank balance sheet that is far greater than the normal growth they expect to need to accomodate economic growth is quantitative easing. Link to comment Share on other sites More sharing options...
MisFit Kid Posted March 18, 2019 Report Share Posted March 18, 2019 getting to be routine now..... Monday Morning - opening bell - Rip Higher Link to comment Share on other sites More sharing options...
DrStool Posted March 18, 2019 Report Share Posted March 18, 2019 5 day cycle projection 2849. Link to comment Share on other sites More sharing options...
DrStool Posted March 18, 2019 Report Share Posted March 18, 2019 Key resistance right here on the hourly. Clear 2835 and its off to the races. Link to comment Share on other sites More sharing options...
DrStool Posted March 18, 2019 Report Share Posted March 18, 2019 Fail and look for support around 2823. Link to comment Share on other sites More sharing options...
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