aussiebear Posted May 17, 2018 Report Share Posted May 17, 2018 Mostly up for the early openers: Kiwis +0.7%, Aussies -0.2%, Japan and Sth Korea +0.4%.Aussie sectors ranging from Miners +1.5%, Materials +1% down to Consumer Staples -0.8%. All Ords http://www.abc.net.au/news/business/ Link to comment Share on other sites More sharing options...
aussiebear Posted May 17, 2018 Author Report Share Posted May 17, 2018 http://bigcharts.mar...com/default.asp Link to comment Share on other sites More sharing options...
aussiebear Posted May 17, 2018 Author Report Share Posted May 17, 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 May 17, 2018 Author Report Share Posted May 17, 2018 http://www.engrish.com/2017/10/just-follow-the-fuse/ Found at Yichang Sanxia Airport in China. Link to comment Share on other sites More sharing options...
aussiebear Posted May 17, 2018 Author Report Share Posted May 17, 2018 http://bigcharts.mar...com/default.asp Another minor down day with All Ords closing -0.2%. Sectors ranged from Miners +1.3% down to Healthcare -1.2%.Over in Asia, China and Hong Kong -0.5%, Japan +0.5%, India currently -0.4%. UK/Europe not getting excited: FTSE and DAX flat, CAC +0.2%. http://bigcharts.mar...com/default.asp Link to comment Share on other sites More sharing options...
aussiebear Posted May 17, 2018 Author Report Share Posted May 17, 2018 http://bigcharts.mar...com/default.asp Link to comment Share on other sites More sharing options...
CandlestickIT Posted May 17, 2018 Report Share Posted May 17, 2018 I fail to see how liquidity is bearish it's bullish ath's in russell all other avg's to follow the higher rates go, the higher equities go Link to comment Share on other sites More sharing options...
MisFit Kid Posted May 17, 2018 Report Share Posted May 17, 2018 another day.......... another low in the morning, and then Buy like Hell Jam Job the more things change, the more they........ LOD to HOD...... Link to comment Share on other sites More sharing options...
DrStool Posted May 17, 2018 Report Share Posted May 17, 2018 Brutal selling in bonds drove some rotation into stocks but there's so little liquidity it cannot be sustained. Link to comment Share on other sites More sharing options...
DrStool Posted May 17, 2018 Report Share Posted May 17, 2018 I fail to see how liquidity is bearish it's bullish ath's in russell all other avg's to follow the higher rates go, the higher equities go Wishing that liquidity is bullish doesn't make it so. The Fed is pulling $30 billion per month out of the system now. Goes to $40 billion in July. $50 billion in October. The Treasury did a $133 billion paydown in mid April but returned to net borrowing at the end of the month. Only a brutal selloff in bonds sent enough cash to foment a stock rally, but even that's out of gas over the past 4 days. The Treasury will now pound the market with an average of $100 billion per month in net new supply as the Fed pulls money out at the same time. It doesn't get more bearish than that. This is how bear markets start, at least since I've been watching them over the past 50 years. The Fed pulls the punchbowl and the market eventually succumbs. This reminds me of 1973. It had rally after rally but could never breach the highs. The big breakdown came in 1974. Link to comment Share on other sites More sharing options...
aussiebear Posted May 18, 2018 Author Report Share Posted May 18, 2018 ---> Fusible Friday http://www.capitalstool.com/forums/index.php?showtopic=13238 Link to comment Share on other sites More sharing options...
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