aussiebear Posted January 20, 2016 Report Share Posted January 20, 2016 Early openers struggling: Kiwis +0.2%, Aussies +0.2%, Japan and Sth Korea-0.6%.Aussie sectors mixed: Telecomms +1.6% down to Miners -1.3%. Link to comment Share on other sites More sharing options...
aussiebear Posted January 20, 2016 Author Report Share Posted January 20, 2016 https://au.finance.y...com/intlindices Link to comment Share on other sites More sharing options...
aussiebear Posted January 20, 2016 Author Report Share Posted January 20, 2016 http://money.cnn.com...s/morning_call/http://www.kitco.comhttp://www.kitconet....ase_metals.html Link to comment Share on other sites More sharing options...
aussiebear Posted January 20, 2016 Author Report Share Posted January 20, 2016 http://www.engrish.com/2014/01/this-sticks-big-time/ Instructions for magnetically mounted light bar. Link to comment Share on other sites More sharing options...
sandy beach Posted January 20, 2016 Report Share Posted January 20, 2016 S&P futures dumping! Link to comment Share on other sites More sharing options...
tema9 Posted January 20, 2016 Report Share Posted January 20, 2016 S&P futures dumping! 2% a Dump? is 35 points a dump or now considered a fart with follow through? Link to comment Share on other sites More sharing options...
DrStool Posted January 20, 2016 Report Share Posted January 20, 2016 The rate at which the market has been declining for the past few weeks is crashworthy. Once the total loss is beyond 10%, I say if it quacks like a duck and walks like a duck, it's a duck. But what happens in Asia and Yourup doesn't count. Link to comment Share on other sites More sharing options...
tema9 Posted January 20, 2016 Report Share Posted January 20, 2016 The rate at which the market has been declining for the past few weeks is crash worthy. Once the total loss is beyond 10%, I say if it quacks like avoul duck and walks like a duck, it's a duck. But what happens in Asia and Yourup doesn't count. Now Chinese and Japanese trade SP500, mainly because they think the US authorities are more trust worthy than their own, little do they know the out of hours exchanges don't have to abide by anything other than their own terms and conditions. But it is no different than other forms of Globalization where the price of a mango in Africa is dictated by how much a consumer in the Paris or Brussels will pay. So unless the FED keeps ahead of the ECB, BJ and China in printing $ the out of hours volume could end up determining the domestic price of US equities. Link to comment Share on other sites More sharing options...
DrStool Posted January 20, 2016 Report Share Posted January 20, 2016 Wow. This is getting real. Link to comment Share on other sites More sharing options...
aussiebear Posted January 20, 2016 Author Report Share Posted January 20, 2016 A big sell off in Asia so All Ords joined the party closing -1.2%. I've been expecting a dead cat bounce but seems like it's still a way off. About one third of sectors declined abruptly: Energy -3.9%, Miners -2.7% and Financials/Materials -2.4%. Consumer Staples was the main gainer, +0.8%.Over in Asia, China -1%, Hong Kong -3.8%, India -2.2% and Japan -3.7%. On to UK/Europe: https://au.finance.yahoo.com/ Link to comment Share on other sites More sharing options...
Jetlag Posted January 20, 2016 Report Share Posted January 20, 2016 The rate at which the market has been declining for the past few weeks is crashworthy. Once the total loss is beyond 10%, I say if it quacks like a duck and walks like a duck, it's a duck. But what happens in Asia and Yourup doesn't count. I think Asia is in the driver's seat right now. Link to comment Share on other sites More sharing options...
Jetlag Posted January 20, 2016 Report Share Posted January 20, 2016 Shankhigh coasting to close below 3k, good job national team of bagholders. Hanger (and rest of Asia) on the other hand gaped down and crapped to close below 19k So you know the drill, either crash or panic low. Link to comment Share on other sites More sharing options...
Jetlag Posted January 20, 2016 Report Share Posted January 20, 2016 Good thing I got rid of that oil long, GS later came out with this: Goldman Expects Oil Rally; Sees Prices Popping Soon http://www.barrons.com/articles/goldman-expects-oil-rally-sees-prices-popping-soon-1453223508 Oil down more than 3% today. Link to comment Share on other sites More sharing options...
DrStool Posted January 20, 2016 Report Share Posted January 20, 2016 LATEST PRO TRADER REPORTS MARKET UPDATE PRO, MARKET UPDATE PRO DAILY Cycle Screening Measures Say This Could Be Black Wednesday by Lee Adler • January 20, 2016 Cycle screening measures strengthened slightly on Tuesday. But the numbers remain mostly at very weak levels, and the recovery in short term new signal measures is equally ominous given that prices have not been recovering. Link to comment Share on other sites More sharing options...
Jetlag Posted January 20, 2016 Report Share Posted January 20, 2016 Now Chinese and Japanese trade SP500, mainly because they think the US authorities are more trust worthy than their own, little do they know the out of hours exchanges don't have to abide by anything other than their own terms and conditions. But it is no different than other forms of Globalization where the price of a mango in Africa is dictated by how much a consumer in the Paris or Brussels will pay. So unless the FED keeps ahead of the ECB, BJ and China in printing $ the out of hours volume could end up determining the domestic price of US equities. That's a good theory, I would add that lack of liquidity problems are geometrically amplified by volatility. Link to comment Share on other sites More sharing options...
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