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World Stock Markets Trading Discussion - Farcical feints


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Oops, forgot about US Thanksgiving...  hope it was an enjoyable get-together with family and friends.

Today's action is somewhat choppy: Kiwis +0.2%, Aussies -0.2%, Japan -0.4%, Sth Korea +0.1%.

Aussie sectors are mostly flat to down: Gold +0.3%, IT -0.8%, Consumer Discretionary/Financials -0.4%.
 

 

All Ords

xao_1d.png

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

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big.chart?nosettings=1&symb=AU%3AXAO&uf=

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

 

 

All Ords edged up from the lows to finish -0.1%.  REITS +0.6% was the leading sector with IT -0.7% down the most.

Over in Asia, China +0.1%, Hong Kong +0.5%, Japan +0.1%, India currently +0.4%.

 

 

On to UK/Europe:

 

 

big.chart?nosettings=1&symb=UK%3AUKX&uf=

 

big.chart?nosettings=1&symb=DX%3ADAX&uf=

 

big.chart?nosettings=1&symb=FR%3APX1&uf=

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

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All Ords one-year chart titled  "thinking".. lots of negative news about: property prices declining, wages growth stalled, stagflation a possibility...

 

xao_1y.png

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

 

 

Here in Kalgoorlie-Boulder, it looks like we're about to enter the next boom (we always move opposite to the mainstream).  Lots of "sold" and "under offer" signs about after property being dead in the water for several years.  Vehicular traffic is cranking up and most of that has contractors' logos on the sides.  Even the guy next door is working.. :)

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