Australian (ASX) Stock Market Forum

International markets traders banter

can i get a little "boom" ?

Joules MM1
2016-May-03 14:29:17
just bought some xjo longs at 5269's
Joules MM1
2016-May-03 14:28:36
silver being the exception, probably.....industrial metal in good demand at the mo
Joules MM1
2016-May-03 14:28:02
suspect gold will also continue with downward pause it started yesterday .......aussie rate cut impies more deflation....more deflation means less demand for PM's
Joules MM1
2016-May-03 14:27:08
if no rate cut watch fins go down like a stone
Joules MM1
2016-May-03 14:26:32
$XXJ is currently +1.4% .....rate cuts means more borrowing, means more income for fins ...is my guess
Joules MM1
2016-May-03 14:25:38
finanacials are 1.7% ish .......i think that shows players keen on rate cut and theyre buying the bank fear
hondy
2016-May-03 13:52:40
be nice wouldnt it
Joules MM1
2016-May-03 14:22:24
i'm thinking rate cut and xjo shoots up 35 points

:D

https://www.tradingfloorchat.com/room/5-stock-chat
 
Well done Joules, i'm not familiar with the liquidity of the SPI during rate announcements, especially ones like this, so i stayed out of my live account!
 
i'm not familiar with the liquidity of the SPI during rate announcements, especially ones like this...

yeah, you know, at 81% STO's combined cfd's in the front month contract you know they were wheezing for a squeezing at the least and the recent smack down and sentiment of the fins with todays purchases tells you who was best dressed
:rolleyes:
 
yeah, you know, at 81% STO's combined cfd's in the front month contract you know they were wheezing for a squeezing at the least and the recent smack down and sentiment of the fins with todays purchases tells you who was best dressed
:rolleyes:

I said to the missus on Friday that a rate cut wasn't priced into the AUD, today the SPI was already at 2x its daily range, but still it wasn't that excited about it....more on ANZ news.

Anyway, its a start, but got to get more practice...i can see some situations meriting some risk on RBA day...

Here's the RBA statement
 
5400 is the next target for the SPI, top of the channel....5403 :D
 
both honkers and yonkers in (swing?)sell mode puting drag on locals



small divergences going into price highs for $SPX and $SML via $NYAD/$BPSPX (stockcharts.com)
current pullback looks inline with rotation within an uptrend if viewed thru the breadth lens

$TRIN 10sma has shot upto 1.19, in the hitting zone for bids to step in already

speaking of hitting zone: may the 4th be with ! https://twitter.com/i/videos/tweet/727722422074478592
 
nice picture

dollar-weighted put/call ratio (the amount of dosh spent on puts and/or calls, not the contract sizes)

VIX_pcr_chart.jpg

bulls would be happy to see that

edit: the above image is from Fari Hamzei, for fridays $spx
 
What was different about the fall in US equities last night?

The fell on bad fundamental news. Up until now since the GFC markets have been loving the bad news!

Game Changer
 
What was different about the fall in US equities last night?

The fell on bad fundamental news. Up until now since the GFC markets have been loving the bad news!

Game Changer
Regarding TA, a reversal pattern (I hate this one myself) head and shoulders is forming but (and a big butt) I have seen these things become corrections just as easily with the neckline as support. Alternatively again one last run up before falling away. Take your pick. :D
 
not sure but im starting to feel uneasy with the market.. little blips here and there.. foreboding something ominous
 
Mind you, Bill Evans from the Westpac bank, who comments on Sky Business, should invest in match sticks to prop his eyelids up. :D

Must be from too much screen time:(
 
ES Below 2036 before cash open... This looks nasty (plunge imminent?)
 
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