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World Stock Markets Trading Discussion - Clumsy cleansing


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All Ords 5-day chart

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

 

All Ords closed flat with Gold +2.2% the leading sector.  Energy lost the most, -1.5%.

Asia gained confidence as the day progressed: China -1.2%, Hong Kong +0.2%, Japan -0.2%, India currently +0.7%.

UK/Europe doing the  yo-yo: FTSE -0.4%, DAX and CAC both -0.1%.

 

big.chart?nosettings=1&symb=UK%3AUKX&uf=

  

  

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big.chart?nosettings=1&symb=FR%3APX1&uf=

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

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Any way you cut it, the markets, the words about the economy, are great for Trump and the GDP.  Until they aren't.  There is a knowing relationship between those things, the markets especially, and Trump and this has become a self reinforcing dynamic I believe. Huge money is actively bidding up markets to support Trump.  That's how I see it, Mistake probably.

MAGA was always about inflating the markets and the economy. America is only great when it is inflating assets. 

I don't doubt it will reverse, but I don't doubt 3300 either.

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