aussiebear Posted August 1, 2018 Report Share Posted August 1, 2018 Early openers heading in all directions: Kiwis -0.3%, Aussies -0.1%, Japan +0.4% and Sth Korea +0.5%.Evenly divided between winners and losers in the Aussie markets: Gold +1.1%, Miners +1% down to Financials -0.7% and Telecomms -0.5%. All Ords http://www.abc.net.au/news/business/ Link to comment Share on other sites More sharing options...
aussiebear Posted August 1, 2018 Author Report Share Posted August 1, 2018 http://bigcharts.mar...com/default.asp Link to comment Share on other sites More sharing options...
aussiebear Posted August 1, 2018 Author Report Share Posted August 1, 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 August 1, 2018 Author Report Share Posted August 1, 2018 http://www.engrish.com/2017/07/roll-that-mattress-for-me-honey/ Found in Beijing, China. Link to comment Share on other sites More sharing options...
aussiebear Posted August 1, 2018 Author Report Share Posted August 1, 2018 http://bigcharts.mar...com/default.asp Pretty much sideways for the day with All Ords finishing -0.1%. Sectors ranged from Miners +0.8%, Materials +0.7% down to Financials -0.7%.Over in Asia, China -1.8%, Hong Kong -0.9%, Japan +0.9%, India currently -0.2%. Tending to red in UK/Europe: FTSE -1%, DAX -0.1% and CAC +0.1%. http://bigcharts.mar...com/default.asp Link to comment Share on other sites More sharing options...
aussiebear Posted August 1, 2018 Author Report Share Posted August 1, 2018 http://bigcharts.mar...com/default.asp Link to comment Share on other sites More sharing options...
I_Am_Madness Posted August 1, 2018 Report Share Posted August 1, 2018 Shorted ES at 2820.25. Stop above 2831. Trade safe. Link to comment Share on other sites More sharing options...
I_Am_Madness Posted August 1, 2018 Report Share Posted August 1, 2018 Head and shoulder on SPX on the daily chart? Link to comment Share on other sites More sharing options...
sandy beach Posted August 1, 2018 Report Share Posted August 1, 2018 The market seems to me to be predicting a collapse in home construction. Look at some of the big home builders and timber companies like Rayonier Inc (RYN) which has dropped from close to $40 TO $34 in a few days. I think that's what has been weighing on Moody's and S&P and some of the consumer credit companies. Link to comment Share on other sites More sharing options...
CandlestickIT Posted August 1, 2018 Report Share Posted August 1, 2018 spx and dow about to shoot out of a cannon higher news on "tariff" bs just doesn't get the mileage it used to as real liquidity takes over and the fools won't be fooled again 10yr above 3% again, higher rates = higher equity prices charts bullish fed announcement later going to sends stocks into parabolic orgy Link to comment Share on other sites More sharing options...
CandlestickIT Posted August 1, 2018 Report Share Posted August 1, 2018 top monthly bollinger bands on dow at 26,680 and spx 2905 expect prices to climb above those bands in august Link to comment Share on other sites More sharing options...
CandlestickIT Posted August 1, 2018 Report Share Posted August 1, 2018 Head and shoulder on SPX on the daily chart? no, a series of higher highs and higher lows for 4 months where the ath gets taken out to the upside Link to comment Share on other sites More sharing options...
sandy beach Posted August 1, 2018 Report Share Posted August 1, 2018 spx and dow about to shoot out of a cannon higher news on "tariff" bs just doesn't get the mileage it used to as real liquidity takes over and the fools won't be fooled again 10yr above 3% again, higher rates = higher equity prices charts bullish fed announcement later going to sends stocks into parabolic orgy What are you using as evidence of an abundance of liquidity? I've asked this a few times. Wouldn't bound yields going up imply more supply than demand i.e. liquidity. Link to comment Share on other sites More sharing options...
DrStool Posted August 1, 2018 Report Share Posted August 1, 2018 5 day cycle projection 2835. Peak of the left shoulder of this pattern was 2829.99. Breaking that would invalidate potential head and shoulders. Link to comment Share on other sites More sharing options...
CandlestickIT Posted August 1, 2018 Report Share Posted August 1, 2018 What are you using as evidence of an abundance of liquidity? I've asked this a few times. Wouldn't bound yields going up imply more supply than demand i.e. liquidity. proprietary #'s. no surprise long end yields run higher after announcement today in 3,10, and 30 as raising more $. volume in equities has been abnormally low for many years now. unless massive volume returns, stocks going much higher Link to comment Share on other sites More sharing options...
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