Australian (ASX) Stock Market Forum

International markets traders banter

U.S. Index Futures down massive again. There must be some large losses being booked. Me 4k down so far since the free dive. :cry: The lesson is market irrational v trader solvent again. Boring.
 
9500 has a real chance if we can take out the low of today:2twocents
 
The icing on the cake will be when hostilities break out in the Korean Peninsula. It will be hard to imagine how far all markets globally would fall after this event. Should a nuclear device(s) be detonated, regulators of markets all around the world would close the markets completely.
 
So where to from here? You'd imagine we get a short squeeze at some stage but what about medium/long term? Charts have just broken down to such a point where it's hard to see any value in 'investing?'
 
It's not a financial crises or debt crises.
Europe has learned to print, balance sheets are strong, there's no inflation and where swimming in cheap oil.
It couldn't be better........
Well, China may not be buying so much stuff and a few Countries could go under on the oil price.
Guess that's a bit of something to worry about. Oil seems to have paralleled China's slow down.

Janet Yellen Noramalize your pants..jpg
 
Don't tell me your spreading US equities now?

Nah... just playing around with the futures on my personal account.

It's felt crashy all week last week so I had a few index shorts on to hedge my longer term investment portfolio. Managed to salvage ~50% of the losses on those longs.

So where to from here? You'd imagine we get a short squeeze at some stage but what about medium/long term? Charts have just broken down to such a point where it's hard to see any value in 'investing?'

I am guessing there will be policy response soon enough. China has plenty of scope to cut rates, EU will say "whatever it takes" again, Yellan might not raise in Sept... Those headline bots will be buying like it was 2012.
 
It's not a financial crises or debt crises.
Europe has learned to print, balance sheets are strong, there's no inflation and where swimming in cheap oil.
It couldn't be better........
Well, China may not be buying so much stuff and a few Countries could go under on the oil price.
Guess that's a bit of something to worry about. Oil seems to have paralleled China's slow down.

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What we have here is your typical WW cyclical bear market, so we either need to sit on the sidelines or learn to short if we haven't before now, as that is the way to play profitably until the trend changes :)

The commodities slump including the price of oil has been indicating for some time now that a bearish correction was coming due to a faltering real world economy including China and it appears the correction is under way now.
 
Nearest policy maker speech is the Fed's Lockhart at 3:55pm ET (US) or 5:55am AEST.

This is what he said last:

"It will take a significant deterioration in the economic picture for me to be disinclined to move ahead" with a rate hike vote.
 
What we have here is your typical WW cyclical bear market, so we either need to sit on the sidelines or learn to short if we haven't before now, as that is the way to play profitably until the trend changes :)

The commodities slump including the price of oil has been indicating for some time now that a bearish correction was coming due to a faltering real world economy including China and it appears the correction is under way now.

So it's a cyclical bear market and a correction may be under way? Think you need a stock dictionary.
 
Things are really getting pretty ugly out there....
The Nikkei futures is now down almost 10% even exceeding Shanghai..
Nasdaq is on limit down.:mad:

I have a gut feeling the US market will retest the low of Oct 2014 - same interest rise fear
 
China has plenty of scope to cut rates, EU will say "whatever it takes" again, Yellan might not raise in Sept... Those headline bots will be buying like it was 2012.

Cut rates is the problem, it doesn't work, it is like smoking, in the short to medium term no real negative effects on health, long term you are f---kd, same with rates.

We are in a massive deflationary cycle, this is evident by the lack of inflation after massive printing/moeny supply.

Yallan will never ever ever raise rates, it will never happen, the US is f---kd.

The real future play is how will China deal with this current crisis, my money is still on them.

They are at war, it is just a trade war, will they make the same mistakes as the US and Europe or are they smarter.

Time will tell.

Cheers - my brother is coming soon, Snr GFC.
 
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