Jump to content

World Stock Markets Trading Discussion - Vicarious veto


Recommended Posts

  • Replies 14
  • Created
  • Last Reply

All Ords 5-day chart

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

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

 

All Ords failed to gain traction closing -0.1% with sectors mostly down led by Gold -0.9%, REITS -0.6% and Energy -0.5%.  Consumer Staples gained the most, +0.5%.

Over in Asia, China +0.8%, Hong Kong +0.1%, Japan +0.5%, India currently -0.9%.

Back and forth in UK/Europe: FTSE +0.1%, DAX +0.2%, CAC +0.4%.

 

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

Link to post
Share on other sites

WIldly bullish pattern on the 10 year yield. By that I mean bullish on yield, bearish on price. 

Bonds lead. Stock market is on borrowed time. But it could be months. We just have to follow the TA. 

Link to post
Share on other sites

Needless to say, the  SPX chart is  also damned bullish. 

The Fed will need to do massive POMO to keep short and long rates in check. The cash will flow to stocks. This thing is gonna spiral out of control. 

  

Annotation 2019-10-10 111413.png

Link to post
Share on other sites
1 hour ago, Jimbo said:

ORGANIC QUANTITATIVE EASING

So the Fed Chair says the balance sheet growth will be "organic"

And we cant call it QE4

How about we call it:

"Free range organic quantative easing"

Powell dumping 'adequate reserves' into mix is pure poop but nobody can deny that poop is organic.

Link to post
Share on other sites

Archived

This topic is now archived and is closed to further replies.

  • Tell a friend

    Love Stool Pigeons Wire Message Board? Tell a friend!
  • Recently Browsing   0 members

    No registered users viewing this page.

  • ×
    • Create New...