Australian (ASX) Stock Market Forum

International markets traders banter

Parabolic move on the nikkei then reversed it....wtf
 
There are some interesting bearish patterns about, especially among the European indices....last week's declines were pretty significant in the velocity in which they sold off. The vix has also put in a bullish candle after the inverted hammer that has been a bearish sign in the past....what's brewing in Europe? Long vix might be the go...tad expensive. The bund looks set to continue a decline as well...volatility might be here for a while yet!
 
DOW leaping ahead in 1000 point blocks in this perma (excluding Aust.) bull market. 24000 points next target when the fat cats get their tax break and employ more people for the masses to pay off the national debt. There isn't any giving without some taking elsewhere. ;)
Dow 24000 passed. Looks likt U.S. markets are getting bullish.
 
US flag upside down.jpg


I declare the US Republican Party officially - INSANE -

"Sadly, the whole thing looks like a prelude to a financial crisis and an economic downturn that could relegate America to long, long years of economic stagnation and serious security challenges."

https://www.cnbc.com/2017/12/03/gop-tax-plan-is-a-gift-to-china-japan-and-germany--commentary.html
 
futures ripped in some gaps ...now the (US)ABC debacle is over $spx likely another altime high cycle then retracement time fill the gaps while knobs go on hols

Goldwater rule of thumb for dumb-dumb is probably about to be thrown out followed by the big baby in the bigly white house bath

"Trump says that the FBI's reputation is in 'tatters' "
i know tatters, no ones as good at being in tatters.....
not like taiters..no theyre irish. sad .....but, folks, when you need someone to be in tatters i'm your man...i am tatter-man .....no cape just capers.....haters hate capers..
and if Flynn squeals he'll be a rat, a ratter-tat-tat ..see how i did that, folks......hello...anyone
 
Meanwhile, we are piling on net foreign liabilities — $7.93 trillion at the latest count — failing to even out the playing field for American companies in the key world markets and tolerating trade imbalances that are killing our exporters and import-competing industries.

That's not what Trump promised. Remember, he pledged to fight for lower trade deficits and a more liberal access to foreign markets by American exporters. That would have been a better and a more sustainable economic stimulus than the destabilizing and deficit-financed tax cuts the U.S. can't afford. But that's not what we are seeing.
Gee whiz. All that pent up anxiety being manifested in the market. Show - Me - The - Money.
 
hemline index says markets too high?
how about skyscraper index ?
art sales index say markets too high?

nope, there's a new kid in town

selficinno indicator

seriously ....no, really
 
This year, international markets performed wonderfully well. In fact, I would say Australian stock market was the laggard. Hope 2018 will be a better one for Australia.
 
When trump made the tax announcement and signed the bill into law with a little speech. He repeated the same speech twice on live television and global media that was broadcast around the world.
At the time I though it was odd.
But figured that perhaps he was using the marketing technique of saying something enough times and people would believe it. But it was still odd because there was no real thing he was selling it was a bit jumbled and more explanatory about the timing and so on. Not really a sell and the deal was already done anyway- no need to sell it again.

However, the Fire and Fury book has lead me to believe that Trump has dementia!
The context of the speech wasn't really selling anything it was just showing off the formality.
So he was literally repeating the same speech, not recalling he had already said it!! So the Fire and Fury book is accurate, if you want to know what is going on with his in coherency and repeating himself in meetings.
Trump is being managed, no wonder he is playing so much golf, they are working around him!!
 
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