aussiebear Posted May 31, 2019 Report Share Posted May 31, 2019 Early openers thrashing it out: Kiwis flat, Aussies -0.2%, Japan -0.9% and Sth Korea -0.2%. Aussie sectors evenly divided: Gold +2.2% down to IT -2.9% and Energy -1.5%. All Ords http://www.abc.net.au/news/business/ Link to comment Share on other sites More sharing options...
aussiebear Posted May 31, 2019 Author Report Share Posted May 31, 2019 http://bigcharts.mar...com/default.asp Link to comment Share on other sites More sharing options...
aussiebear Posted May 31, 2019 Author Report Share Posted May 31, 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 May 31, 2019 Author Report Share Posted May 31, 2019 http://www.engrish.com/2018/07/wait-i-think-i-left-the-ions-on/ Found in Vietnam. Link to comment Share on other sites More sharing options...
aussiebear Posted May 31, 2019 Author Report Share Posted May 31, 2019 All Ords 5-day chart http://bigcharts.mar...com/default.asp Looks like All Ords scrabbling for a foothold. The index finished flat with sectors ranging from Gold +2.6% down to IT -3.3%. Over in Asia, China -0.2%, Hong Kong -0.8%, Japan -1.6%, India currently -0.4%. Deep red in UK/Europe: FTSE -1%, DAX -1.7%, CAC -1.4%. http://bigcharts.mar...com/default.asp Link to comment Share on other sites More sharing options...
aussiebear Posted May 31, 2019 Author Report Share Posted May 31, 2019 http://bigcharts.mar...com/default.asp Link to comment Share on other sites More sharing options...
Jorma Posted May 31, 2019 Report Share Posted May 31, 2019 So I was thinking yesterday there is no possible good new at this time to jawbone the market up. I hadn't considered that Trump would pile on bad news. At least with this Mexico thing it can be called off which will then be good news. Link to comment Share on other sites More sharing options...
DrStool Posted May 31, 2019 Report Share Posted May 31, 2019 Just finished recording a podcast with Lindsay Williams. To be posted shortly. I think that this could be the big one. My first put recommendation since last December, that we put on on Monday is up 80%. I'm looking for a triple. http://liquiditytrader.com/index.php/2019/05/27/finally-a-bearish-trade-on-the-stock-market-spy/ Link to comment Share on other sites More sharing options...
DrStool Posted May 31, 2019 Report Share Posted May 31, 2019 2 day cycle up phase projection 2771 Link to comment Share on other sites More sharing options...
DrStool Posted May 31, 2019 Report Share Posted May 31, 2019 http://wallstreetexaminer.com/2019/05/new-fed-qe-lite-starts-in-october/ Link to comment Share on other sites More sharing options...
DrStool Posted May 31, 2019 Report Share Posted May 31, 2019 spx 3 day cycle projection 2710 Link to comment Share on other sites More sharing options...
DrStool Posted May 31, 2019 Report Share Posted May 31, 2019 I'll amend that to 2723 Link to comment Share on other sites More sharing options...
Jorma Posted May 31, 2019 Report Share Posted May 31, 2019 Luckily for the Fed there is no longer a shortage of their favored Treasury coupon issues. I forget the final total but at the peak they held such a large percentage of them that it was just looking bad and really the market wanted them. No more. They will welcome the help now. Also, those dealer long Treasury positions aren't looking so bad now. I know, later maybe not so much. Link to comment Share on other sites More sharing options...
Jorma Posted May 31, 2019 Report Share Posted May 31, 2019 2 hours ago, DrStool said: I think that this could be the big one. I won't ask you to define big one. For me big one is a liquidity crisis and freeze up of bids across many sectors. Down under 2100. It's hard not to look at late summer early fall when the Treasury steps back in as to the timing. Still for two weeks I've had this nagging idea that nobody expects the worst in the summer. Then again we have never had a fruitcake running the show. Link to comment Share on other sites More sharing options...
DrStool Posted June 1, 2019 Report Share Posted June 1, 2019 Gold tacked on 30 bucks on Thursday and Friday. Link to comment Share on other sites More sharing options...
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