aussiebear Posted June 13, 2019 Report Share Posted June 13, 2019 Early openers finding it hard to stay aloft: Kiwis and Aussies flat, Japan -0.3%, Sth Korea -0.4%. Aussie sectors evenly divided: Healthcare +2.2% down to Consumer Discretionary -1.9%. All Ords http://www.abc.net.au/news/business/ Link to comment Share on other sites More sharing options...
aussiebear Posted June 13, 2019 Author Report Share Posted June 13, 2019 http://bigcharts.mar...com/default.asp Link to comment Share on other sites More sharing options...
aussiebear Posted June 13, 2019 Author Report Share Posted June 13, 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 June 13, 2019 Author Report Share Posted June 13, 2019 http://www.engrish.com/2018/07/drink-only-in-wonderation/ Found in Japan. Link to comment Share on other sites More sharing options...
fxfox Posted June 13, 2019 Report Share Posted June 13, 2019 Felt like consolidation yest and probably was: Monster upmove in Futures this morning. Link to comment Share on other sites More sharing options...
aussiebear Posted June 13, 2019 Author Report Share Posted June 13, 2019 All Ords 5-day chart http://bigcharts.mar...com/default.asp All Ords floated slowly back to Earth to finish -0.1%. Sectors ranged from Healthcare +1.7%, Telecomms +1.1% down to IT -3% and Consumer Discretionary -2.5%. Over in Asia, China +0.1%, Hong Kong -0.1%, Japan -0.5%, India currently -0.1%. Onward and upward in UK/Europe: FTSE +0.3%, DAX +0.7%, CAC +0.3%. http://bigcharts.mar...com/default.asp Link to comment Share on other sites More sharing options...
aussiebear Posted June 13, 2019 Author Report Share Posted June 13, 2019 http://bigcharts.mar...com/default.asp Link to comment Share on other sites More sharing options...
Jimbo Posted June 13, 2019 Report Share Posted June 13, 2019 A TALE OF TWO MINERS BHP has market cap of $309 Billion and has $12.5 B in FCF. P/CF ratio of 24. Glencore has market cap of $37 Billion and free cash flow of $7 Billion a P/CF ratio of 6. A dollar spent on a share of Glencore provides 4 times the free cash flow of a dollar spent on a share of BHP. So much for the efficient market hypothesis. Link to comment Share on other sites More sharing options...
DrStool Posted June 13, 2019 Report Share Posted June 13, 2019 2 day cycle projection 2894 was done but 3 day says 2901. Link to comment Share on other sites More sharing options...
DrStool Posted June 13, 2019 Report Share Posted June 13, 2019 There are 3 resistance trendlines around 2895-96. Link to comment Share on other sites More sharing options...
fxfox Posted June 13, 2019 Report Share Posted June 13, 2019 Lets face it: In ordinary times that attack today at the oil tankers would have been good for a 1,000 point drop in the Dow. This market is unstoppable. And if the debt ceiling is a problem it simply will be lifted. World wide ZIRP is a HUGE HUGE force. Link to comment Share on other sites More sharing options...
MisFit Kid Posted June 13, 2019 Report Share Posted June 13, 2019 39 minutes ago, fxfox said: Lets face it: In ordinary times that attack today at the oil tankers would have been good for a 1,000 point drop in the Dow. This market is unstoppable. And if the debt ceiling is a problem it simply will be lifted. World wide ZIRP is a HUGE HUGE force. The new idea Poison/Alchemy being pushed......... Full time FED sponsored Standing Repo Facility to go with all the other BS "liquidity tools" of all the central banks, too many to list now a days...... ZIRP will look relatively honest, compared to World Wide NIRP........ Japanification/Venezuelanfication will somehow "look smarter" than any other alternative...... Link to comment Share on other sites More sharing options...
Jorma Posted June 13, 2019 Report Share Posted June 13, 2019 1 hour ago, fxfox said: Lets face it: In ordinary times that attack today at the oil tankers would have been good for a 1,000 point drop in the Dow. This market is unstoppable. And if the debt ceiling is a problem it simply will be lifted. World wide ZIRP is a HUGE HUGE force. Who attacked the ships, and how and why? That the president is literally crazy and the political system paralyzed and careening into total dysfunction is the big enchilada here. . Link to comment Share on other sites More sharing options...
DrStool Posted June 13, 2019 Report Share Posted June 13, 2019 2 hours ago, fxfox said: Lets face it: In ordinary times that attack today at the oil tankers would have been good for a 1,000 point drop in the Dow. This market is unstoppable. And if the debt ceiling is a problem it simply will be lifted. World wide ZIRP is a HUGE HUGE force. You have it backward. Link to comment Share on other sites More sharing options...
DrStool Posted June 13, 2019 Report Share Posted June 13, 2019 The debt ceiling must be lifted. The only question is the timing. That's when the real problems will start. Falling Interest Rates Illusion Leads Wall Street to Dangerous Wrong Conclusion Link to comment Share on other sites More sharing options...
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