aussiebear Posted November 7, 2019 Report Share Posted November 7, 2019 Early openers still doing the churn 'n burn: Kiwis -0.1%, Aussies +0.6%, Japan flat, Sth Korea -0.1%. Mostly up for Aussie sectors: IT +2.3%, Consumer Staples +1.5% and Gold/Financials +0.9%. All Ords http://www.abc.net.au/news/business/ Link to comment Share on other sites More sharing options...
aussiebear Posted November 7, 2019 Author Report Share Posted November 7, 2019 http://bigcharts.mar...com/default.asp Link to comment Share on other sites More sharing options...
aussiebear Posted November 7, 2019 Author Report Share Posted November 7, 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 November 7, 2019 Author Report Share Posted November 7, 2019 http://www.engrish.com/2018/01/thats-sippin-jianshi/ Headrest cover found on China Eastern airline. Link to comment Share on other sites More sharing options...
aussiebear Posted November 7, 2019 Author Report Share Posted November 7, 2019 All Ords 5-day chart http://bigcharts.mar...com/default.asp A steady upward run left All Ords +0.9% for the day. Biggest movers in the sectors were IT +3.3%, Consumer Staples +2.2% and Gold +1.5%. Energy was the only loser, -0.7%. Over in Asia, China flat, Hong Kong +0.6%, Japan +0.5%, India currently +0.3%. UK/Europe just open and it's up so far: FTSE +0.4%, DAX +0.7%, CAC +0.2%. http://bigcharts.mar...com/default.asp Link to comment Share on other sites More sharing options...
aussiebear Posted November 7, 2019 Author Report Share Posted November 7, 2019 http://bigcharts.mar...com/default.asp Link to comment Share on other sites More sharing options...
Jimbo Posted November 7, 2019 Report Share Posted November 7, 2019 WEWORK AND THE FAKE $47 BILLION VALUATION What was Wework It was and is fundamentally an experiment in financial engineering Two experiments to be exact Experiment One: Can fake belief (valuation) be created in the private market and that valuation transfer over into real belief (valuation) in the public market (via an IPO) The answer is no!!!! Experiment 2: Can the founder still become a billioniare by selling out in the private rounds without selling out in the public listed space. The answer is yes. Link to comment Share on other sites More sharing options...
Jimbo Posted November 7, 2019 Report Share Posted November 7, 2019 TOBACCO IS SMOKING HOT Tobacco stocks cheap But the Tobacco space needs to be restructured: 1/ BAT needs to break up into a US and a non US company like Altria and PMI did. 2/ PMI needs to takeover Imperial Brands. 3/ The US BAT company should then merge with Altria. 4/ The non US BAT company should then merge with PMI. All this probably wont happen but would create massive increases in market caps if it did. Link to comment Share on other sites More sharing options...
DrStool Posted November 7, 2019 Report Share Posted November 7, 2019 2 day cycle projection 3100 unmet. 3 day cycle projection 3096, done. 5 day cycle projection unclear. Pickem Link to comment Share on other sites More sharing options...
Jorma Posted November 7, 2019 Report Share Posted November 7, 2019 At this moment it looks like another line in the sand will have to be drawn for when the feces hits the impeller in the Treasury coupon market. TNX 19,17 Link to comment Share on other sites More sharing options...
aussiebear Posted November 8, 2019 Author Report Share Posted November 8, 2019 ---> Futile Friday Link to comment Share on other sites More sharing options...
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