aussiebear Posted July 26, 2018 Report Share Posted July 26, 2018 Subdued start for most the early openers: Kiwis +0.2%, Aussies -0.2%, Japan +0.1% and Sth Korea +0.9%.Gold +3.7% is the big winner in the Aussie market with Financials -0.5% at the other end. All Ords http://www.abc.net.au/news/business/ Link to comment Share on other sites More sharing options...
aussiebear Posted July 26, 2018 Author Report Share Posted July 26, 2018 http://bigcharts.mar...com/default.asp Link to comment Share on other sites More sharing options...
aussiebear Posted July 26, 2018 Author Report Share Posted July 26, 2018 http://money.cnn.com...s/morning_call/http://www.kitco.com http://www.kitconet....ase_metals.html Link to comment Share on other sites More sharing options...
aussiebear Posted July 26, 2018 Author Report Share Posted July 26, 2018 http://www.engrish.com/2017/08/freezer-burn-is-no-joke/ Menu spotted in China. Link to comment Share on other sites More sharing options...
aussiebear Posted July 26, 2018 Author Report Share Posted July 26, 2018 http://bigcharts.mar...com/default.asp All Ords made what looks like a rounding top intraday, closing -0.1%. Sectors ranged from Gold +3.5% down to IT -0.6%.Generally down in Asia: China -0.7%, Hong Kong -0.5%, Japan -0.1%, India currently +0.2%.Mixed in UK/Europe: FTSE -0.1%, DAX +1.5%, CAC +0.8%. http://bigcharts.mar...com/default.asp Link to comment Share on other sites More sharing options...
aussiebear Posted July 26, 2018 Author Report Share Posted July 26, 2018 http://bigcharts.mar...com/default.asp Link to comment Share on other sites More sharing options...
CandlestickIT Posted July 26, 2018 Report Share Posted July 26, 2018 the bottom line is this: the charts are bullish and so is liquidity short at your own will bearish sentiment is everywhere, you don't have this at tops the spx and dow will hit ath's and then blow it out and run only market to be short are bonds, they will get crushed equities are going vertical, only "guru" to get this right is armstrong but, i trade charts, not guru's at this stage of the market, all indicators, cycles, etc will be useless Link to comment Share on other sites More sharing options...
BurntOnce Posted July 26, 2018 Report Share Posted July 26, 2018 Farcebook Link to comment Share on other sites More sharing options...
DrStool Posted July 26, 2018 Report Share Posted July 26, 2018 5 day cycle projection now 2855-60. Link to comment Share on other sites More sharing options...
DrStool Posted July 26, 2018 Report Share Posted July 26, 2018 2 day is trending. No projection. 3 day 2852. Link to comment Share on other sites More sharing options...
Jorma Posted July 26, 2018 Report Share Posted July 26, 2018 Farcebook I was just going to mention that every strip mall broker has their people in FB. It has been stuck in my mind ever since an acquaintance mentioned it to me a couple of months ago. Every last person there can be is in the market now I would think. Well a breakout to new highs in the DOW, and S&P to a lesser extent.............. Link to comment Share on other sites More sharing options...
DrStool Posted July 26, 2018 Report Share Posted July 26, 2018 Call it 2852-56. Link to comment Share on other sites More sharing options...
I_Am_Madness Posted July 26, 2018 Report Share Posted July 26, 2018 I have 2 kids. None of them use facebook but they are on Instagram. All my friends and coworkers also no longer use facebook. Link to comment Share on other sites More sharing options...
potatohead Posted July 26, 2018 Report Share Posted July 26, 2018 the bottom line is this: the charts are bullish and so is liquidity short at your own will bearish sentiment is everywhere, you don't have this at tops the spx and dow will hit ath's and then blow it out and run only market to be short are bonds, they will get crushed equities are going vertical, only "guru" to get this right is armstrong but, i trade charts, not guru's at this stage of the market, all indicators, cycles, etc will be useless I respect Armstrong, However, there is an important distinction between a market going up on liquidity versus a mania or leverage. The rotation into US stocks may simply be a rotation out of bonds or money managers chasing performance. There is nothing new here. Lee's liquidity analysis is outstanding and shows the game for what it is. I think the market will crack hard as draining liquidity hits its pressure point. Ignore this at your own peril. The market could go higher as shorts get squeezed. Very similar to all other tops. However, commodities, emerging markets, and foreign currencies have been telling us that a deleveraging event is unfolding under the surface. Any real pressure on US asset values will ultimately lead to the dollar being sacrificed, This is precisely the assets which are being shaken now. This has been the playbook for the last 30 years. I agree interest rates are going higher and the liquidation from bonds will probably drive inflation higher. This may lead to higher stock markets down the road, but I think the central banks are trying to slow down this melt up. Link to comment Share on other sites More sharing options...
DrStool Posted July 26, 2018 Report Share Posted July 26, 2018 2 day cycle projection 2834. Link to comment Share on other sites More sharing options...
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