Jump to content

World Stock Markets Trading Discussion - Cleft crust

Rate this topic

Recommended Posts

  • Replies 9
  • Created
  • Last Reply

Top Posters In This Topic

Top Posters In This Topic

All Ords 5-day chart




The bears were running the show today .. All Ords closed -0.8% led by IT -2.4%, Miners -2.3%, Materials -2%.  Energy +0.2% was the only sector to gain.

Over in Asia, China -0.1%, Hong Kong +0.7%, Japan -0.1%, India currently +1.1%.

A very positive start for UK/Europe: FTSE +0.6%, DAX +0.9%, CAC +0.4%.







Link to post
Share on other sites


So the Fed has to keep the repo market rate repressed.

So it can keep the treasury yield curve repressed.

So all the other bond rates can be kept repressed.

That sounds like a lot of bond bondage to me !!!!!!!!!!!!!!!!

Fed has to guarantee the profitability of all the bond leveraged  carry trades.

Link to post
Share on other sites

So we have a breakout of sorts. Not very impressive. Is the SPX drops below 3003, that could be a fail. Below 3000, and there's be little doubt. But if it holds this gain, the next target would be 3028. 

Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

  • Tell a friend

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

    No registered users viewing this page.

  • ×
    • Create New...