Australian (ASX) Stock Market Forum

Storm at Sea

You are quite Correct Sea-Cadet Officer InvestoBoy
I was just checking if you was concentrating
However, A Decade's Low is still an awesome LOW

Index composition has changed a lot from the past with the likes of Alibaba, Tencent, Meituan, JD.com in there now, but forward returns starting to look more attractive if one puts any weight in Market Cap/GDP ratio...

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TOP SHORTED STOCKS....Short List

Looks like a Fine day to Skin a few of the Greedy Bearish Skippers
They have had it good for TOO LONG
Delayed Data: 27/09/2022 BB.gif
FLTFLIGHT CENTRE TRAVEL ORDINARY15.56%
BETBETMAKERS TECH GROUP ORDINARY13.94%
SQ2BLOCK CDI 1:1 NYSE10.67%
LKELAKE RESOURCES ORDINARY10.33%
MP1MEGAPORT LIMITED ORDINARY9.84%
NANNANOSONICS LIMITED ORDINARY8.19%
BRGBREVILLE GROUP LTD ORDINARY7.80%
PPTPERPETUAL LIMITED ORDINARY7.60%
ZIPZIP CO LTD.. ORDINARY7.58%
MFGMAGELLAN FIN GRP LTD ORDINARY7.57%
INGINGHAMS GROUP ORDINARY7.54%
DEGDE GREY MINING ORDINARY7.42%
PNVPOLYNOVO LIMITED ORDINARY7.23%
92E92ENERGY ORDINARY7.13%
TPWTEMPLE & WEBSTER LTD ORDINARY7.07%
KGNKOGAN.COM LTD ORDINARY7.07%
BRNBRAINCHIP LTD ORDINARY6.83%
IELIDP EDUCATION LTD ORDINARY6.75%
DMPDOMINO PIZZA ENTERPR ORDINARY6.66%
BGLBELLEVUE GOLD LTD ORDINARY6.65%


XYZ Yacht.GIF
 
Ahoy there Sea-Cadet Officer InvesorBoy and crew
Looks like we have got the lots of miracle we hoped for

Capitulation appeared when the Bendigo Building Society hit the wall
When Lehman Brothers hit the Wall and the Credit Sub-Prime Swaps hit the Wall
Welcome to this Capitulation "Credit Swiss"
The Swiss will never let it go out of business but the Contagion has started
World Wide anyway
Thank God for Miracles

I Hear that the Fed has never got it right in the past
Can you remember when and if they ever got it right?

Bon Voyage and Gods' Speed
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This should be a little bit of Plain Sailing if you ask me
"One Day at a Time"
 


Sailing the ($DXY) for BIG Bucks--------------------------One Week at a Time
I have placed a Vertical line on Friday 31 Dec 2021 to compare the performances this year to date
$DXY W.png

The Prime Suspects at each turn once again is the US Short Term Treasury Bonds
Sailing the SHY-----------------------One Week at a Time
SHY W.png

Sailing the IEF-----------------------One Week at a Time
EIF W.png

Sailing the XLRE-----------------------One Week at a Time
XLRE W.png

Sailing the XLC-----------------------One Week at a Time
XLC W.png

Sailing the XLF-----------------------One Week at a Time
XLF W.png

Sailing the XLK-----------------------One Week at a Time
XLK W.png

TBC before I lose the thread

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Sailing for ENERGY ---------------One Week at a TIME
XLE W.png

Sailing for Metals and Mining -----------------One Week at a Time
XME W.png

Both the Energy and Metals and Mining Classifications have a Small Patch of blue Sky showing

Not enough Blue Sky for my liking and Storm Clouds Everywhere!


Ahoy Brave and Loyal Crew
Strap yourselves into your bunks and enjoy at least One Full Week of Streaming Services and Take a Well Earned Rest while we can

Smells to me like some forms of INTERVENTION are in the Air
Particularly in the Energy Classifications
Buyers Be Aware IMHO


Doldrums.jpg
 
Learning to Sail the Global Exchanges " The Hard Way"
The hardest lesson I had in Teaching my Children and Now my 13 year old Grandson is
"The Earth is NOT FLAT but ROUND"
They always laugh and say "I Know That Dad"
But then I ask them
"Why do you like those shares at the Bottom Right of the charts and not the Top Right?"
The usual answer I heard was
"She's a Bargain" or "She looks like Topping"
It was very hard for them to Comprehend that the Top of a chart was merely the HORIZON heading NORTH and the Bottom of the chart was the HORIZON heading SOUTH

They just had to live through it real time
I even brain-washed them to Imagine Another Computer on Top of the Northern Horizon and Another Computer underneath the Southern Horizon

I then warned them of The Doldrums often found in the Middle of the Real Middle Screen

Learning to "HOLD on TIGHT" to The BIG BUCK $DXY One Week at a Time
$DXY W.png

Learning to AVOID Being Sucked into a BARGAIN

Ship Surveying the SHY One Week At a Time

SHY W.png

Ship Surveying the IEF One Week At a Time
IEF W.png

The Doldrums.png
 
Here She Comes Again
She is Relentless!

The Great NASDAQ Heads South Again (QQQ) One Week At A Time
QQQ W.png

The Great S&P 500 IVV Heads South Again One Week at a Time
IVV W.png

The Great Russell 2000 Just Holds? One Week at a Time
IWM W.png

and The Greatest Ship of Them All
The DOW JONES is Struggling to HOLD One Week at a Time
$DOW W.png

HMAS  Ship of Fools.gif
PS : What happened on Friday Dec 31 2021( Vertical Line) to Turn All The Markets SOUTH
 
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Surveying the ADR 's gives us a good idea on the Expected Opening Price at Dawn and anticipates the size of GAPS

Sailing our beloved BHP ADR ------One Week at a Time
BHP  ADR  W.png
Looks like a Horrible Opening Price /GAP Down at Dawn

Sailing our beloved RIO ADR in Tandom------One Week at a Time
RIO ADR W.png
Looks like another GAP DOWN on the Open at Dawn

Ahoy There Brave and Loyal Crew
Set your appropriate Stop Losses if you did not "Run for Shelter" earlier


XYZ Yacht.GIF
 
After Surveying all these charts I get the Feeling that Something is Very Very Wrong on the Global Exchanges and Something is primed to DROP SPECTACULARLY

I Can Feel These Winds In My Bones

My Prime Suspects is either the New Age Digital /Crypto Classifications
or
our Great Frenemy CHINA
or Both
Lots of their Charts look quite Horrible and therefore could get even more Horrible
TBC
Doldrums.jpg
 
Crikey!
It doesn't take much to Bring out the BULLS over the Week's End

As you all know My Favourite Market Leader /Index is the "RUSSELL 2000 "
She Held Tight and then Out-performed the Heavy Weights as usual on Friday Night

Sailing the RUSSELL 2000
IWM W.png
Then over the week's end
another massive "U" Turn in the UK Financials made me Sea-sick

Today the Chinese have delayed their ALL IMPORTANT Financial Reports ???
( I smell a cover-up or a Cooking of the Books )
This is Good IMHO as nobody likes Bad news

The Charts are Looking Good Again
It is time now to hoist a few Storm Sails at dawn on the OPEN
In Alphabetical Order

Hoisting the E25------------------- One Week at a Time
E25 W.png

Hoisting the MYR------------------- One Week at a Time
MYR W.png

Hoisting the XTE------------------- One Week at a Time
XTE W.png

Hoisting the XRF------------------- One Week at a Time
XRF W.png

Bon Voyage and Stay Well
NB: I don't know what these firms do but I do like the way they are handling these Treacherous Waters

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Hello Captain_Chaza
Nice
Green them one's.
Of interest to rcw1, do you know why E25 having a good sail at present and making up some lost time?

Kind regards
rcw1
 
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