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World Stock Markets Trading Discussion - Moody meanderings


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All Ords 5-day chart

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http://bigcharts.mar...com/default.asp

 

A rebound today with All Ords gaining +0.6%.  Sectors ranged from Miners/Gold +1.7% down to Financials -0.3%.

Over in Asia, China -0.1%, Hong Kong +0.5%, Japan -0.2%, India currently -0.8%.

UK/Europe opening in the red: FTSE -0.2%, DAX -0.4% and CAC -0.2%.

 

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  http://bigcharts.mar...com/default.asp

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Last evening here news crossed the wire that China was going to direct low cost credit to certain sectors and would be reducing bank reserve requirements. The SSE was up almost 1%  when that crossed the wire here but it ended up down slightly. 

 

At some point one would think the markets can no longer be jawboned. That leaves the certainty that the invisible hand will keep stocks high if not rising.  That's the feeling I had in January and September last year too. 

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Headline:  Investor concerns could start weighing on Tesla's business. 

 

The world is turned on it's head. The concern here is that Tesla might have trouble getting credit or it's rates will be higher.  Like 40% of the Russell? Three anal cysts while worried about the plunging salesthis are more worried that it will cost it more to borrow. 

 

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Tell me about it. These slow grinds up are killers for small businesses like mine. Even Tim Knight was moaning about it the other day, and he's orders of magnitude bigger than I am.  

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My job satisfaction bears a remarkable resemblance to the VIX chart. When volatility is high, then life is good across the board. Subscriptions are pouring in. My products are getting used. My trades are all clicking. And there’s barely enough hours in the day to get all the fantastic stuff done which I love doing so much. It’s heaven.

It ain’t heaven now. It sucks donkey.

http://wallstreetexaminer.com/2019/04/big-bear-tim-knight-waves-the-white-flag/

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