Australian (ASX) Stock Market Forum

Storm at Sea

Sailing for GOLD in the Face of a Storm

In 2 Different Time Zones and Hemispheres

Sailing GOLD for Big Bucks "One Day at a Time"


GOLD in USD d.png


Sailing GOLD for Little Aussie Battlers "One Day at a Time"

GOLD in AUD.png

Lots of Observations can be made when you stand back and survey Both Time Zones closely


XYZ Yacht.GIF
 
It is also appropriate to note
Sailing for GOLD in Canadian Waters "One Day at a Time

Sailing The EQX
EQX US d.png


As you can see above
GOLD Is Fickle
Too Fickle for me
Capn  Chaza.gif
PS: I suppose it all depends on where you wish to buy your Big Macs
PPS : Please note that the BLUE horizontal Line is the 200 Day Moving Average
(for all that is worth)
PPPS : It's always a good idea to keep an eye out on the even the Novice of all Technical Analysts
 
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It is also appropriate to note
Sailing for GOLD in Canadian Waters "One Day at a Time

Sailing The EQX
View attachment 143032


As you can see above
GOLD Is Fickle
Too Fickle for me
View attachment 143034
PS: I suppose it all depends on where you wish to buy your Big Macs
PPS : Please note that the BLUE horizontal Line is the 200 Day Moving Average
(for all that is worth)
PPPS : It's always a good idea to keep an eye out on the even the Novice of all Technical Analysts
** PS: I suppose it all depends on where you wish to buy your Big Macs **

certainly NOT on the good ship Equinox , well under the 200 dma and looking like a triple bottom , BUT in the Northern Summer when excitement should have already be showing some signs of rising

maybe a rename is in the cards , to say Nautilus
 
Sailing for Doubloons "One Week at a Time"

GBTC
Sailing for Bitcoins in the Safety of an Investment Trust
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MICROSTRATEGY When a Sailor Falls in Love with Bitcoin "BIG TIME"
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ARK INNOVATIONS Captain Kathie Woods keeps her title "The Kiss of Death"
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BLOCK Now available in Australia as SQ2
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COINBASE
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I have placed a Vertical line @ 31st Dec 2021 Closing price
It was a FRIDAY Commonly said to be THE UNLUCKIEST DAY of the week to set sail for a year or a week

Our Commodore Joe Blow certainly has got a weird sense of humour

The way we are going in the Monthly and Yearly Regattas it won't surprise me to find no winner in profit if we keep setting out at dusk on a Friday
 

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And then there is LKE

She has been recently Admitted into the ASX 200 in the last few days

This on the surface sounds good
BUT it Wasn't! as you can clearly see in the chart

The Problem with being admitted into the ASX 200 's IMHO is that she now becomes managed by Monkeys ( ie; Novice Broker advisors /Novice Financial Advisors) with the simple order to Sell the 200 day MA
Never be caught-out holding under the 200 day Blue line or heads will roll

Crikey! How easy is that!

Above the Blue Line just say
"She'l be Right in the Long Term", and "She's in the ASX 200"
Makes you want to be a Broker/ Financial Advisor, Hey?

Anyway If you study the LKE Chart below you will see Lots and Lots of Volume as the price is Falling
The Sellers seem to be dominating!

But Who are all the Buyers?
I can promise you all
It wasn't all me or my family trusts

LKE d.png
 
several passive index ETFs ( and i assume most of the ETF providers in general ) lend out the shares in their trusts ( customers' portfolio accounts ) to ( i assume mostly ) short-sellers

so by ascending to the ASX 200 translates to mandatory holds for these ETF providers translates to more shares available to share-borrowers

this is great for the exchanges , but not always good for share prices , however this is not totally bad for the retail investors , who might decide to top-up on those discounted shares ( in their private portfolios )

i do not hold LKE , but have noticed this trend in other small caps i hold ( sometimes taking advantage of it )
 
Here Come the Chinese!
and
Just in time as far as I am concerned as a Technical Analyst

The Dragon has been awoken! IMHO

Brace yourself for some good profits and hold onto your hats

The Hang Seng Index is about to break out @ Dawn 11.30 am AEST

HSI W.png

And as always keep an eye on our Chinese neighbours Favourite stock in America
ALIBABA

Crikey! It doesn't get any better than this

BABA w.png

What does this all mean for Australia ?

I guess it will be good for our BIG 3 exporters

BHP RIO FMG and many others ( Except for our wines)

HMAS  Ship of Fools.gif
 
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Sailing Against the Chinese / Hong Kong is like Taking Candy off a Baby

Hang Seng Index is up 2% at Lunchtime
BHP RIO FMG all up approx 4%
 
Sailing Against the Chinese / Hong Kong is like Taking Candy off a Baby

Hang Seng Index is up 2% at Lunchtime
BHP RIO FMG all up approx 4%

A lot of happy industry leaders, after the announcement "US President Joe Biden and Group of Seven (G7) leaders leading democratic economies on Sunday formally launched their global infrastructure partnership"

Biden, G7 Leaders Announce $600bn Investment In Global Infrastructure To Counter China
The Group of Seven (G7) leading democratic economies has vowed to launch a new partnership aiming to counter China's influence in the developing world.

US President Joe Biden and Group of Seven (G7) leaders leading democratic economies on Sunday formally launched their global infrastructure partnership, aiming to counter China's influence in the developing world. According to the statement released by the White House, leaders of the G7 will invest $600 billion in order to boost the infrastructure. It said that G7 leaders will formally launch the Partnership for Global Infrastructure (PGII) to mobilise hundreds of billions of dollars and deliver quality, sustainable infrastructure that makes a difference in people's lives around the world. Notably, the G7 comprises Germany, France, Britain, Italy, Japan, the United States and Canada.

The leaders said that the hefty amount will help in accomplishing strengthening and diversifying supply chains across the globe besides creating new opportunities for workers and businesses. "Together with G7 partners, we aim to mobilise $600 billion by 2027 in global infrastructure investments. And this will only be the beginning. The United States and its G7 partners will seek to mobilise additional capital from other like-minded partners, multilateral development banks, development finance institutions, sovereign wealth funds, and more," according to the statement.

Notably, the fund will counter China’s so-called Belt and Road Initiative, which Western officials have long argued traps receiving countries in debt and with investments that benefit China more than their hosts. While elaborating on the source of funding, the statement said it will come from the private sector, sovereign wealth and global development funds, rather than direct taxes collected from the citizens. As per the plan, among the first initiatives are a $2 billion solar farm investment in Angola in Southwest Africa, $320 million for hospital construction on Ivory Coast, in West Africa, and $40 million to promote regional energy trade in Southeast Asia.

Several key projects announced at G7
The project will include solar mini-grids, solar cabins with telecommunications capabilities, and home power kits. In addition to supporting up to $1.3 million in US exports, the project will help Angola meet their climate commitments, including generating 70% carbon-free power by 2025. Besides, the statement also revealed that the United States Agency for International Development will invest $40 million in Southeast Asia’s Smart Power Program with an aim to decarbonise and strengthen the region’s power system by increasing regional energy trade, accelerating the deployment of clean energy technologies, and actively engaging private sector leaders and key development partners in shared priorities.

READ | Germany: Thousands rally in Munich demanding G7 leaders to act on poverty, climate change
"In addition to U.S. support, like-minded partners are investing including $35 million from the German Development Finance Institution, $30 million from the European Investment Bank, and $15 million from British International Investment, among others. Through this investment, DFC expects to mobilize $78 million in private capital," according to the White House statement. It is worth mentioning the leaders of G7 countries, including US President Joe Biden, UK PM Boris Johnson and five others landed in Germany and have been holding a meeting at Schloss Elmau, a castle resort in the Bavarian Alps in southern Germany. Notably, the G7 comprises Germany, France, Britain, Italy, Japan, the United States and Canada.
 
Here Come the Chinese!
and
Just in time as far as I am concerned as a Technical Analyst

The Dragon has been awoken! IMHO

Brace yourself for some good profits and hold onto your hats

The Hang Seng Index is about to break out @ Dawn 11.30 am AEST

View attachment 143331

And as always keep an eye on our Chinese neighbours Favourite stock in America
ALIBABA

Crikey! It doesn't get any better than this

View attachment 143332

What does this all mean for Australia ?

I guess it will be good for our BIG 3 exporters

BHP RIO FMG and many others ( Except for our wines)

View attachment 143333
Many Thanks for your Thumbs up Officer Craton
It is much appreciated!
At least I know Somebody has read it
 
RUN for SHELTER! "Safety at Sea is Paramount"

No Safety in Silver anymore as she breakdown through 200 ma

View attachment 143589
View attachment 143590

No Safety in GOLD either as SILVER often Leads GOLD


View attachment 143593

Yes, gold and silver have become a stormy sea.

With Russia increasing mining and sales, and several countries banning Russian gold while other countries continue to buy, the storm gets ever more unpredictable.

Russia, one of the world’s biggest producers of gold, cranked up the mining of new gold to compensate for some of the paralyzed assets, Christopher Swift, a national security lawyer at Foley & Lardner, said.
The Bullion Market Association in London, a major hub of the global gold trade, had already suspended transactions with six Russian silver and gold refineries in March.

 
The little Aussie battler the AUD is not safe to Hold either
Inflation looks like tearing her apart

AUD W.png

Exchange AUD positions in favour of the BIG Buck USD

USD W.png
 
Don't Forget ! Brave and Loyal Crew

Triple Bottoms are almost unheard of on the Global exchanges
You were all warned

Sailng the EVN in a Storm is not for everyone

EVN W.png
 
Sailing for Green Hydrogen is a Challenge and a Half

Seems a like Good Classification of Sail in these conditions to me

PRL

PRL d.png

FFI
FFI d.png


XYZ Yacht.GIF
 
Still nowhere to hide

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Not even on the safety of the ASX All Ordinnaries

$XAO d.png

Strap yourselves into your bunks and lets hope this storm passes over shortly

My advice is to keep your streaming services current

This could get horrible!


XYZ Yacht.GIF
 
Sailing For COPPER on Tall Ships " One day at a Time" in 2022
I am starting to feel a sea change in my bones but nothing shows up on my instruments just yet

The FREEPORT-MCMORAN
FCX d.png

The BHP

BHP d.png

The US COPPER (CPER)
CPER d.png

The OZ MINERALS
OZL d.png

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Hunting for Bears in Stormy Seas
is one of the most exciting experiences (Both GOOD and BAD) one can have
in these times
The Bears by definition can lose EVERYTHING they own
The Bulls can only lose their Investment
That's why I always say " INVEST RESPONSIBLY"

This promises to be lots of FUN
To me , It is all about Technical Analysis verses Fundamental Analysis
ie Bullish Skippers vs Bearish Skippers

First of all we need a Hit List
Unfortunately the only list I can find is Delayed by 4 days
Many thanks but No thanks to ASIC
At or Near the Bottom of Markets Cycles there are very few buyers
The landlubbers have either
Sold Already and Lost interest
Averaged Down that many times they are now cash poor
The new generations are still saving up for a Good Start


BUT as Luck is a Lady
Enter the Locked-in Buyers
Those who have to cover their shorts
ie: "The Short Sellers"


Most of these Stocks could be rubbish but there is sometimes Diamonds in most lists
TOP SHORTED STOCKS
FLTFLIGHT CENTRE TRAVEL ORDINARY16.03%
NANNANOSONICS LIMITED ORDINARY12.08%
BETBETMAKERS TECH GROUP ORDINARY12.04%
SQ2BLOCK CDI 1:1 NYSE11.10%
EMLEML PAYMENTS LTD ORDINARY10.44%
LKELAKE RESOURCES ORDINARY9.60%
RRLREGIS RESOURCES ORDINARY8.95%
PNVPOLYNOVO LIMITED ORDINARY8.74%
ZIPZIP CO LTD.. ORDINARY7.99%
MSBMESOBLAST LIMITED ORDINARY7.95%
WEBWEBJET LIMITED ORDINARY7.87%
KGNKOGAN.COM LTD ORDINARY7.86%
CXOCORE LITHIUM ORDINARY7.85%
INGINGHAMS GROUP ORDINARY7.41%
CCXCITY CHIC COLLECTIVE ORDINARY7.09%
SBMST BARBARA LIMITED ORDINARY7.07%
PDNPALADIN ENERGY LTD ORDINARY6.80%
IELIDP EDUCATION LTD ORDINARY6.75%
VULVULCAN ENERGY ORDINARY6.73%
CUVCLINUVEL PHARMACEUT. ORDINARY6.62%

Data: 11/07/2022
XYZ Yacht.GIF

 
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