Australian (ASX) Stock Market Forum

International markets traders banter

I believe we will see at least 10% correction in global stock markets. Next month is very crucial. There may be life time opportunities in some markets and sectors and commodities. Even now there are opportunities in stock, commodity, currency and bond markets. They are not dead. Markets, commodities, stocks, properties and currencies never go straight up and down and never stay the same. There are cycles such as business cycles, economic cycles and industrial cycles etc. Just like human beings these assets also have personalities.

Now some markets have come down due to panic situation and they have become more attractive. We should not forget USD was stagnated or went down against basket of currencies during last couple of years. Some wanted to dump the USD. Now it is one of the darlings in the market. Now USD has its day.

Similarly we will see bull trend for some currencies including emerging currencies when we see next cycle. It is time to study positive affects of tapering rather than taking it negatively. Markets, financial systems, interest rates, policies never stay the same. There were so many hiccups and crises in the global markets in the fast. Still markets rebounded strongly. Tapering is not the end of the world. Actually some areas in the global economy will benefit lot after this tapering. It is time to identify coming bull sectors globally in developed, emerging and frontier world. In short tapering will bring sustainable development. This is good for mid and long term developments in all types of assets markets. Sooner we see tapering it is better.

My ideas are not a recommendation to either buy or sell any security, commodity, or currency. Please do your own research prior to making any investment decisions
 
Some good analysis guys in here lately.

Just my :2twocents 2 cents.

1) The US and the syria crisis is going to help the bears case the next few weeks I think. They can do more damage on the downside if they like.

2) The tapering, or slowing down of QE is being priced in on the S&P on this drop, and while as in 1) I hinted the bears can do some more damage on the downside, I would NOT FALL IN LOVE WITH THE DOWNSIDE yet, we are still in a bull market.

3) The next week with the US holiday, market tends to be very low volume so I would not expect to many violent moves. Infact as you read this, there are lots of SMART MONEY / FUND MANAGERS who take holidays and are not participating in the moves of the last several weeks.

4) Q4 the smart money comes back, and normally like to put money to work into XMAS / The new year, and it is sometimes why you see healthly rallies into XMAS, sometimes called XMAS rally or santa clause rallys as cash is put to work, as the smart money returns.

All In all, I think there is still a nice rally coming back to us on the S&P later in the year after this drop. It will catch many bears off guard, as people think the market is about crash. I think we are repeating a pattern a few years ago, and we have not seen a major top yet. I think the bulls will be back soon, but not until we get more of a dip in SEPT 2013.

Always good to remember Bottoms are an EVENT and TOPS are a process. But even if we drop down more on the S&P I would not be falling in love with the downside just yet. BS Tapering talks and Syria tensions are going help pricing in of tapering, and it could set itself up for MAJOR rally into the end of the year. Guess time will tell.
 
alot of traders will be looking at the JOBS report this friday to see what the fed is likely to do.

However, remember right now, the FED has done nothing more than SPREAD rumors as to what is happening. Has any tapering actually been done, no, at this stage the market has been moving violently on just rumors. No action has actually been taken.

For those that PM'ed and asked, we are still in a bull market. This image tells it all. And telling up that we are STILL in a BUY THE DIPS market.


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So I think the DIP we are getting right now, is a dip that will continue, but will set up for a very NICE major buying opportunity maybe by the END OF SEPTEMBER 2013 or START OF OCTOBER 2013.

Time will tell.
 
I believe we are closer to end of current bull cycle for some markets. However there may be great opportunities in some sectors. I expect volatility and correction in the short run. In the mid term and long term almost all markets such as developed, emerging and frontier markets including New Zealand market will have bull markets time to time. Even in secular bull market there may be so many short term bear markets, correction and pull backs.

We will see new bull currencies in the currency market. Both AUD and NZD will continue their bear journey. There may be great demand for New Zealand milk and meat from all over the world in the coming decades.

Remember always there may be bull markets somewhere. Some commodities will have bull trend. It is time to identify next bull currencies, commodities, stocks and sectors. There are cycles for every type of assets. Tapering is not the end of world.

There are positive affect in tapering. Tapering may benefit exporters in Asia Pacific region. USA consumers may create more demand for product and services. There may be some support for commodity prices. Actually tapering will benefit the markets.

I believe oil may come down below $100 in 2014. There may be short term spike in oil prices due to short term events. I don’t think anybody can predict market top and bottom 100% correctly.

My ideas are not a recommendation to either buy or sell any security, commodity or currency. Please do your own research prior to making any investment decisions.
 
Fade it Friday yet again offers up a couple pennies and still no runners ha. Thought we might see some range after watching the SPI and NK open but alas.
 
Fade it Friday yet again offers up a couple pennies and still no runners ha. Thought we might see some range after watching the SPI and NK open but alas.

The Kospi has been un-fade-able...:eek:
 
Just looking at the chart there were at least 2 good fades for you this morn! :p:

When price is riding up outside the 2nd Std Dev of a VWAP i'm not thinking of fading...i'll leave that to those who can afford to average in with other peoples money:D
 
Wouldn't have wanted to try for a pull back on that opening range in Europe:eek:!!
 
I believe some food and energy based commodities will outperform others in the short run due to new development in currency market, tapering and crisis in Syria.

As I expected currently pull backs, corrections and volatility is taking place in all types of markets such as developed, emerging and frontiers markets. We may see volatility in commodity, stock and currency markets in the short run. Even if Syrian crisis and tapering postpone until 2015 still markets will readjust while having pullbacks, correction and volatility.

There may be life time opportunities in some sectors globally for intelligent investors including contrarian intelligent investors. This is the time to look for undervalued consumer staples globally in emerging, developed and frontier world.

During war period consumer staples and energy may do well. War is not good for consumer discretionary industries, airlines and finance etc.

Remember in good and bad times people have to eat and drink. Even during world wars some sectors will outperform others. If I am correct In Iceland during their financial crisis their fish industry did well.

Time to come Middle East counties will have to import more food products from western and Asian countries in the future due to short supply. Even Asia will struggle to product some food due to their large population and lack of arable land. Remember these people need more coffee, tea, coco, sugar, nuts, oil, gas, Boeing planes, some tech products, potatoes, meat, egg, fish, health products and other services in the coming two decades.

Events such as short term political crisis and tapering create great opportunities. Actually tapering is very good for some sectors. Development in developed world means more opportunities for emerging world and frontier world. More economic activities in emerging world and frontier world means more opportunities for European and American companies such as Boeing, general electrical and some food companies. Some food companies have advantage over others due to their ability to get raw material easily and due to competitiveness where others will struggle to get some raw materials in the coming decades.

Finally still stock markets, commodity markets and currency markets are not dead. We had two world wars, financial crisis, credit crisis, currency crisis and asset crisis etc in the past. Still we had some of the greatest bull markets all over the world. As I said before this is the time to identify next bullish markets, sectors, currencies, stocks commodities globally. We may find life time opportunities in emerging world, frontier world and developed world.

My ideas are not a recommendation to either buy or sell any security, commodity or currency. Please do your own research prior to making any investment decisions.
 
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