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World Stock Markets Trading Discussion - Obligatory orbits


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All Ords 5-day chart

big.chart?nosettings=1&symb=AU:XAO&uf=0&

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

 

Pretty much the same as the am post:  All Ords closed +0.5% with sectors ranging from IT +2.2% down to Gold -2.9%.

Over in Asia, China +0.5%, Hong Kong +0.7%, Japan +0.5%, India +0.9%.

Looking a bit rocky in UK/Europe: FTSE -0.2%, DAX +0.2%, CAC -0.2%.

 

big.chart?nosettings=1&symb=UK:UKX&uf=0&

big.chart?nosettings=1&symb=DX:DAX&uf=0&

big.chart?nosettings=1&symb=FR:PX1&uf=0&

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

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QE--for lack of a better word--is good.

QE is right.

QE works.

QE clarifies, cuts through, and captures the essence of the evolutionary spirit. QE, in all of its forms -- QE for life, for money, for love, knowledge -- has marked the upward surge of mankind.

And QE -- you mark my words -- will not only save the Trump Crime Family, but that other malfunctioning corporation called the USA.

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THE WEWORK EXPLOSION

How are short sellers going to make decent money if the valuations of unicorns like Wework explode before they can get to the public market.

Its just so unfair to the short sellers!!!!!!!!!!!!!

Looks like UBER and LYFT poisoned the well for wework.

From a $48 billion valuation to $24 Billion. Is that a lot???????

The rule of first out the door of the burning market valuation theatre applies here!!!!

If short sellers had an annual awards ceremony (we could call it the "shorties")

Then Uber and Lyft would each get a "golden shorty"

But Wework ......a wooden shorty.

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11 hours ago, Jimbo said:

THE WEWORK EXPLOSION

 

The 'news' is they are considering nixing the IPO.   I'll bet one b̶i̶l̶l̶i̶o̶n̶  dollar they will go ahead with it.  Releasing the stock into the wild is the only way they can inflate the value again.  The public is way ahead of institutional investors in appreciation that profits don't mean a thing. Besides, how bad is it really if insiders end up with  a net worth of $1bn instead of $2bn, or something like that?  It sure beats being some common schlub.

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