aussiebear Posted August 2, 2019 Report Share Posted August 2, 2019 A stack of red around today: Kiwis -0.4%, Aussies -0.6%, Japan -2.1% and Sth Korea -1.1%. Gold is back in favour in Aussie sectors, +6% with Energy at the other end, -2.5%. All Ords http://www.abc.net.au/news/business/ Link to comment Share on other sites More sharing options...
aussiebear Posted August 2, 2019 Author Report Share Posted August 2, 2019 http://bigcharts.mar...com/default.asp Link to comment Share on other sites More sharing options...
aussiebear Posted August 2, 2019 Author Report Share Posted August 2, 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 August 2, 2019 Author Report Share Posted August 2, 2019 http://www.engrish.com/2018/05/make-antiques-great-again/ Found in Tokyo, Japan. Link to comment Share on other sites More sharing options...
DrStool Posted August 2, 2019 Report Share Posted August 2, 2019 I am shocked, shocked, that some people don't appreciate my point of view on things. What's the world coming to? Aye, there's the rub. Link to comment Share on other sites More sharing options...
DrStool Posted August 2, 2019 Report Share Posted August 2, 2019 I'm tired of pulling my punches. It hasn't worked anyway. The gloves are off. Link to comment Share on other sites More sharing options...
DrStool Posted August 2, 2019 Report Share Posted August 2, 2019 TBAC says net bill issuance for Q3 will be $119 billion. As of July 30 when that was written, net issuance was $-40 billion. That means that net issuance in August and September will be $159 billion, or an average of $80 billion per month. Net coupon issuance over the balance of the quarter will be $206 billion. That's total net issuance of $365 billion in Aug-Sep. Wow. Link to comment Share on other sites More sharing options...
aussiebear Posted August 2, 2019 Author Report Share Posted August 2, 2019 All Ords 5-day chart http://bigcharts.mar...com/default.asp All Ords meandered sideways after the initial drop to finish -0.4%. Gold +6.3% remained the big winner followed by REITS +2.1%. Energy lost the most, -2.5%. Heavy losses in Asia: China -1.4%, Hong Kong -2.4%, Japan -2.1%, India currently +0.3%. Off the cliff in UK/Europe: FTSE -2%, DAX -2.6%, CAC -2.7%. http://bigcharts.mar...com/default.asp Link to comment Share on other sites More sharing options...
aussiebear Posted August 2, 2019 Author Report Share Posted August 2, 2019 http://bigcharts.mar...com/default.asp Link to comment Share on other sites More sharing options...
DrStool Posted August 2, 2019 Report Share Posted August 2, 2019 5 day cycle projection 2937, done. Link to comment Share on other sites More sharing options...
DrStool Posted August 2, 2019 Report Share Posted August 2, 2019 Oops. 2 day cycle projection 2928 Link to comment Share on other sites More sharing options...
DrStool Posted August 2, 2019 Report Share Posted August 2, 2019 3 day cycle projection 2907. Link to comment Share on other sites More sharing options...
DrStool Posted August 2, 2019 Report Share Posted August 2, 2019 5 day cycle projection now looks 2907 also. Link to comment Share on other sites More sharing options...
DrStool Posted August 2, 2019 Report Share Posted August 2, 2019 I don't want to smile too soon, but I sense vindication for my analysis and conviction that it would ultimately prove correct. I mean, you can blame Trump's trade war but that was not a change of direction. It's following a predictable path. No, this is about the liquidity, and especially the fact that they're panicking into bonds concurrently with panicking out of stocks. They'll live to rue the day they did that. And it won't take long. Link to comment Share on other sites More sharing options...
JonLaw Posted August 2, 2019 Report Share Posted August 2, 2019 3 minutes ago, DrStool said: I don't want to smile too soon, but I sense vindication for my analysis and conviction that it would ultimately prove correct. I mean, you can blame Trump's trade war but that was not a change of direction. It's following a predictable path. No, this is about the liquidity, and especially the fact that they're panicking into bonds concurrently with panicking out of stocks. They'll live to rue the day they did that. And it won't take long. Trump hasn't even signed the debt ceiling bill, yet. Link to comment Share on other sites More sharing options...
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