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aussiebear

World Stock Markets Trading Discussion - Liquid lightning

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Early openers showing varying degrees of red: Kiwis -0.6%, Aussies -1.5%, Japan and Sth Korea closed.

Saw this headline on a business page this am and thought oh-oh:
"ASX enjoys one of the best years this century despite global and local worries".

Sure enough down we went in a big way:  IT -3%, Consumer Staples -2.7% and Healthcare/Telecomms/Utilities all -2.2% with Gold +1.6% the only gainer.

All Ords

xao_1d.png

http://www.abc.net.au/news/business/

 

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All Ords 5-day chart

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

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

 

Yet another early close for New Year .. All Ords ended the year  down a resounding -1.7% led by IT/Telecomms -3% and Consumer Staples -2.9%.  Gold remained the only up sector, +1.3%.

Over in Asia, China +0.3%, Hong Kong -0.5%, India -0.7%.

A rocky start for UK/Europe: FTSE -0.4%, DAX closed, CAC flat.

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Beautiful evening here in Pula as the town gets ramped up for the big celebration. 

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I'm shocked that the market closed on rally. 

 

Not. 

 

Happy New Year! 

 

Back to work Thursday! 

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