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World Stock Markets Trading Discussion - Nuisance nudging


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w?s=%5EAORD

 

The selling continued here with All Ords closing -0.7%.  Consumer Staples -1.9% was down the most followed by Energy/REITS and Gold, all -1%.

Over in Asia, China +3,1%, Hong Kong +0.4%, India +0.6% and Nikkei +0.7%.

 

 

On to UK/Europe:

 

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Anudder QE pledge from the ECB, the second in less than a week. This time the euro gave back recent gains and EZ stocks gapped up on the open.

 

"The trend is your friend.

 

Don't fight the Fed...

 

which in recent years has been expanded to include, Don't fight the Kuroda Draghin.

 

This will all end badly of course.

 

In due time. "

 

Adler, 2015

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Access king  and lead Fed Press Release Repeater Hilsenrath is hot on the trail of the Q1 GDP seasonal adjustment fiasco-- an issue which I loudly raised 2 1/2 weeks ago.  http://wallstreetexaminer.com/2015/05/to-gdp-or-not-to-gdp-that-is-the-question/

 

Here's what Hilsy taught us in this morning's WSJ Grand Central http://blogs.wsj.com/economics/2015/05/19/grand-central-the-phrase-of-the-day-is-residual-seasonality/ 

 

Remember, if you want history (and slanted history at that), read the Wall Street Journal, but if you want to know what the hot news story will be in two weeks, read The Wall Street Examiner

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I'm going to walk down the street to Camden Yards to take in a ball game this evening. Maybe have a hotdog or two, or crabcakes...

 

Yeah, that's it.

 

Crabcakes. 

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