aussiebear Posted February 5, 2016 Report Share Posted February 5, 2016 Internet probs this end so running late...A backlash after yesterday's uncalled for action: Kiwis -0.1%, Aussies -0.9%, Japan -1.4% and Sth Korea flat.In Aussie sectors, some still running hot: Gold +3.9%, Miners +3.4%, Materials +2.1% down to Consumer Discretionary -2.2%. Link to comment Share on other sites More sharing options...
aussiebear Posted February 5, 2016 Author Report Share Posted February 5, 2016 https://au.finance.y...com/intlindices Link to comment Share on other sites More sharing options...
aussiebear Posted February 5, 2016 Author Report Share Posted February 5, 2016 http://money.cnn.com...s/morning_call/http://www.kitco.comhttp://www.kitconet....ase_metals.html https://au.finance.y...com&s=CLH16.NYM Link to comment Share on other sites More sharing options...
aussiebear Posted February 5, 2016 Author Report Share Posted February 5, 2016 http://www.engrish.com/2015/12/show-me-your-flying-orange-pekoe/ Found in China. Link to comment Share on other sites More sharing options...
aussiebear Posted February 5, 2016 Author Report Share Posted February 5, 2016 Almost a round trip for All Ords which closed -0.1%. In the sectors, Miners remained strong, +4.3% followed by Gold +4.1%. Consumer Discretionary fell the most, -1.3%.Over in Asia, China -0.6%, Hong Kong +0.6%, India currently +0.7% and Japan -1.3%. On to UK/Europe: https://au.finance.yahoo.com/ Link to comment Share on other sites More sharing options...
Jetlag Posted February 5, 2016 Report Share Posted February 5, 2016 Remember when oil started to crash all these articles telling us how the Break Even Point for oil production is very low and depends mostly on variable costs in the short-run ? Neither do I. But now that oil is trading for a quarter of its top these establishment reporters are all very sharp cookies. http://www.bloomberg.com/news/articles/2016-02-05/how-much-global-oil-output-halted-due-to-low-prices-just-0-1 Meanwhile, OPEC basket closed at its highest price since the 5th of January. Link to comment Share on other sites More sharing options...
Jetlag Posted February 5, 2016 Report Share Posted February 5, 2016 More than two consecutive quarters of declining corporate profits don't always make a recession but always make a sizable decline. http://www.marketwatch.com/story/ugly-earnings-may-mean-a-scary-20-sp-500-plunge-2016-02-03?dist=afterbell Link to comment Share on other sites More sharing options...
DrStool Posted February 5, 2016 Report Share Posted February 5, 2016 Remember when oil started to crash all these articles telling us how the Break Even Point for oil production is very low and depends mostly on variable costs in the short-run ? Neither do I. But now that oil is trading for a quarter of its top these establishment reporters are all very sharp cookies. http://www.bloomberg.com/news/articles/2016-02-05/how-much-global-oil-output-halted-due-to-low-prices-just-0-1 Meanwhile, OPEC basket closed at its highest price since the 5th of January. Well, everybody except you know who, who pointed out that average lifting costs for US shale was around $12 a barrel and would go lower as the price of oil dropped because energy cost is a major input. http://wallstreetexaminer.com/2014/12/why-the-price-of-oil-is-finally-declining-and-why-it-will-lead-to-disaster/ Link to comment Share on other sites More sharing options...
Jetlag Posted February 5, 2016 Report Share Posted February 5, 2016 You're certainly no establishment reporter Doc. You are one of the few ahead of the crowd. Link to comment Share on other sites More sharing options...
DrStool Posted February 5, 2016 Report Share Posted February 5, 2016 LATEST PRO TRADER REPORTS PRECIOUS METALS PRO Gold Still Has Pop by Lee Adler • February 5, 2016 Gold has broken a major downtrend line at 1144. The next obvious target is… MARKET UPDATE PRO, MARKET UPDATE PRO DAILY Cycle Screening Data Slips Slightly by Lee Adler • February 5, 2016 Cycle screening measures weakened on Thursday. 5 of the 9 measures were weaker. Just 4 of them remain on the buy side. Link to comment Share on other sites More sharing options...
DrStool Posted February 5, 2016 Report Share Posted February 5, 2016 LATEST NEWS AND OPINION MUST READ Tear Gas v Lagarde’s Tears: Greece by Constantin Gurdgiev • February 4, 2016 How there can be sustainability to the Greek pensions reforms if there are actually people living on them day-to-day MUST READ Small v Large Cap Stocks: Recession Cycle Performance by Constantin Gurdgiev • February 4, 2016 Small caps are worse in recession but outperform early in recoveries. MUST READ Heartache Tonight! Baltic Dry Shipping Index Sinks To All-time Low (Sinking Global Trade) by Anthony B. Sanders • February 4, 2016 If we were sitting around in March 2014, what would have been the odds that West Texas Intermediate Crude Oil prices would fall from over $100 to near $30 and the Baltic Drying Shipping Index would fall from 1,606 to 303? About the same odds of Hillary Clinton flipping a coin in the Iowa Democrat […] MUST READ Factory Orders Keep Falling and Slowing the Recovery by Alan Tonelson • February 4, 2016 Capital spending currently is helping to lead the economy’s slowdown. MUST READ The War On Savers And The 200 Rulers Of World Finance by David Stockman • February 4, 2016 There has been an economic coup d’état in America and most of the world. We are now ruled by about 200 unelected central bankers, monetary apparatchiks and their minions and megaphones on Wall Street and other financial centers. Unlike Senator Joseph McCarthy, I actually do have a list of their names. They need to be exposed, denounced, ridiculed, rebuked and removed. The… MUST READ Biggest Reason GoPro Stock Price Will Keep Falling in 2016 by Diane Alter • February 4, 2016 It’s another terrible day for the GoPro stock price, as it’s down more than 11% in intraday trading to an all-time low of $9.01. MUST READ Labor Productivity Down 3% In Q4, Third Lowest Reading Since Q1 2008 (Flint Mortgage Denials) by Anthony B. Sanders • February 4, 2016 US Labor Productivity sagged in Q4, declining 3%. It was the third lowest reading since Q1 2008. Given the decline in factory orders and Durable Goods orders in December, the 30 year Treasury yield fell 2.4 basis points. Things really haven’t gone well since The Fed raised their target rate on December 16th. At least […] MUST READ The Good News – Manufacturing Remains America’s Productivity Growth Leader- The Bad News- It’s Near Recession Levels by Alan Tonelson • February 4, 2016 A continuation of the historically sluggish recovery is about the best foreseeable future that Americans can hope for. MUST READ BRIC Composite PMIs by Constantin Gurdgiev • February 4, 2016 Russia’s Composite Output Index remained in contraction territory in January, Link to comment Share on other sites More sharing options...
DrStool Posted February 5, 2016 Report Share Posted February 5, 2016 I'll be out and about in marvellous, magical Toledo for a few hours. Then back here.! Link to comment Share on other sites More sharing options...
I_Am_Madness Posted February 5, 2016 Report Share Posted February 5, 2016 AMZN in collapse mode. Below 200 dma. Link to comment Share on other sites More sharing options...
Jetlag Posted February 5, 2016 Report Share Posted February 5, 2016 either this thing goes down hard in earnest or it's starting to look like the NFP bear trap from last October. Link to comment Share on other sites More sharing options...
MrHankydoesWallStreet Posted February 5, 2016 Report Share Posted February 5, 2016 MAdness add NFLX to that...AAPL paused at its 50 FIBO and 200 week MA right now, once that gives target is H&S projection at 72 and some support with FIBO confluence. Just holding PSQ rather than risk shorting individual stocks! Link to comment Share on other sites More sharing options...
Recommended Posts
Archived
This topic is now archived and is closed to further replies.