aussiebear Posted December 20, 2019 Report Share Posted December 20, 2019 Another day of deferring the inevitable: Kiwis flat, Aussies -0.2%, Japan -0.2%, Sth Korea +0.3%. Aussie sectors ranging from Gold +0.9% down to Consumer Discretionary -0.9%. All Ords http://www.abc.net.au/news/business/ Link to comment Share on other sites More sharing options...
aussiebear Posted December 20, 2019 Author Report Share Posted December 20, 2019 http://bigcharts.mar...com/default.asp Link to comment Share on other sites More sharing options...
aussiebear Posted December 20, 2019 Author Report Share Posted December 20, 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 December 20, 2019 Author Report Share Posted December 20, 2019 http://www.engrish.com/2019/02/can-you-guarantee-shes-gluten-free/ Found in Dongguan, China. Link to comment Share on other sites More sharing options...
Jimbo Posted December 20, 2019 Report Share Posted December 20, 2019 A VERY REPO XMAS TO ALL How could we not have a Santa Rally with this open ended repo flood from the FED. How much so far???? 400 billion.....500 billion...... Its a very Feddy Xmas A happy Fed to all Its print to the heavens Its printing for the Wall No hedge fund will lack Cheap REPO for every Treasury filled sack. But what about The man in the street Perhaps the Fed Itself has over reached Perhaps the Fed is the one Who should be impeached. I think Jay will get a very nice Xmas card from Donald this year. He is sticking very closely to the asset inflation script. Link to comment Share on other sites More sharing options...
aussiebear Posted December 20, 2019 Author Report Share Posted December 20, 2019 All Ords 5-day chart http://bigcharts.mar...com/default.asp All Ords saved by a consolidation ... The index closed -0.3% with Gold +1.5% remaining the main gainer. Energy -0.9% was down the most with Consumer Staples next, -0.8%. Over in Asia, China -0.4%, Hong Kong +0.3%, Japan -0.2%, India currently +0.1%. Upwardly mobile for UK/Europe: FTSE +0.3%, DAX +0.4%, CAC +0.2%. http://bigcharts.mar...com/default.asp Link to comment Share on other sites More sharing options...
aussiebear Posted December 20, 2019 Author Report Share Posted December 20, 2019 http://bigcharts.mar...com/default.asp Link to comment Share on other sites More sharing options...
Jimbo Posted December 20, 2019 Report Share Posted December 20, 2019 ITS THE DEFECIT STUPID Alternative title (The REPO market activity explained in a couple of easy sentences) The FED is conducting open ended REPO as a rather sneaky and underhanded way of funding the federal Governemnt's $1 trillion annual budget defecit. If it does not do so the treasury market will fall rates will go up and this will puncture the stock market. This would likely cause a recession in 2020. I will let you guess what that would do for the President's re-election chances (hint "Not Good"). Without the FEDs intervention the REPO market would find its own equilibrium but at a much smaller size. Which would be a lot less profitable for Wall Street. Link to comment Share on other sites More sharing options...
DrStool Posted December 20, 2019 Report Share Posted December 20, 2019 The rain is falling. The winds are howling. It's an inside day for me. Chance to get work done ahead of schedule. I'm still in Marseille. This town is a real circus. Heading up to Aix-en-Provence for the day on Saturday, then on to Antibes on Monday for a few days. Jimbo has it nailed as usual. Link to comment Share on other sites More sharing options...
DrStool Posted December 20, 2019 Report Share Posted December 20, 2019 3 day cycle projection 3224. 2 day 3224-29.n 5 day 3229 Link to comment Share on other sites More sharing options...
DrStool Posted December 20, 2019 Report Share Posted December 20, 2019 Based on the projections, the move is finished, but the cycle indicators show no sign of a downturn yet. Need to crack 3218 for starters. If they don't, look for another upleg toward the end of the day. Link to comment Share on other sites More sharing options...
DrStool Posted December 20, 2019 Report Share Posted December 20, 2019 The relentlessness of the rally is something to behold, but it's not at all surprising. Link to comment Share on other sites More sharing options...
MisFit Kid Posted December 20, 2019 Report Share Posted December 20, 2019 ALL Time Highs on a Friday......before Christmas........On op-ex day......... FED, et al. printing.........(adding free liquidity to the Cartels) why would anyone think otherwise.......... Link to comment Share on other sites More sharing options...
Jimbo Posted December 22, 2019 Report Share Posted December 22, 2019 ANOTHER VERY SAD SET OF FINANCIAL STATEMENTS Looked at FedEx's cash flow statement the other day Where is the free cash flow?????????? There isnt any!!!!! Market cap of $40 billion and does not produce any FCF because of massive annual capex consumes its entire operational cash flow. This company needs to cut expenses by $3 Billion a year to justify its martket cap. Because right now the market cap is completely unjustifiable. Link to comment Share on other sites More sharing options...
aussiebear Posted December 23, 2019 Author Report Share Posted December 23, 2019 ---> Modest Monday Link to comment Share on other sites More sharing options...
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