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Tomorrow's trading on the ASX?

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nothing hit my targets today

although .. BBOZ is still a 'maybe' and CAU is a 'could-be tomorrow and CAJ is not impossible

but all in all i may as well have gone back to bed ( profits not large enough , and the dips not deep enough )

good luck
 
Aussie Gold $ price @ $2,794 .. equates to US$1,936 as we speak
clear.png


I've added more WAF and GMD respectively (the latter to merge with SBM in May '23 whereby all GMD holder's to receive/be gifted 2.033 SBM shares for every 1 GMD share held at that time). GMD concurrently also has a takeover offer for DCN on the table as we speak.. DYOR

Cheers tela :)
 
With the DOW looking somewhat red at this early stage of the evening, I am now pondering on the opening status of a couple of companies that I have an interest in PLS and LTR.
WIll one falter and the other surge.
That extremely wise sage "the bloke in the mirror" has informed me but asked that I should say nought in case his recommendations start a run on said companies.
 
time will tell but am not excited yet ( either as a buyer or seller )

but will most likely still be tilting towards ( my version of ) 'safe havens '

but this is reporting season disappointments can be punished
 
divs4ever said:
time will tell but am not excited yet ( either as a buyer or seller )

but will most likely still be tilting towards ( my version of ) 'safe havens '

but this is reporting season disappointments can be punished
Click to expand...
Well Mr Divs today did turn out to a positive green one for me. A quick buy and sell with LTR and back on the PLS train later in the day.
 
farmerge said:
Well Mr Divs today did turn out to a positive green one for me. A quick buy and sell with LTR and back on the PLS train later in the day.
Click to expand...
filled my ( large for me ) order of SGLLV today

am still deciding whether to do much more this month ( or not )

my two sell orders are a fair way from the action

QIP and GNC ( top up orders ) aren't that close to the action , but you never know ,

red and green only matter to me if i am looking to buy or sell particular share

but good luck in what seems to be an uncertain market

maybe i won't be seeing much action until June ( and see if there is any tax-loss selling , or selling to pay the bills )
 
divs4ever said:
filled my ( large for me ) order of SGLLV today

am still deciding whether to do much more this month ( or not )

my two sell orders are a fair way from the action

QIP and GNC ( top up orders ) aren't that close to the action , but you never know ,

red and green only matter to me if i am looking to buy or sell particular share

but good luck in what seems to be an uncertain market

maybe i won't be seeing much action until June ( and see if there is any tax-loss selling , or selling to pay the bills )
Click to expand...
For me trading a lot quiter now than in time gone by. Being a little cautious at the moment, but the bloke in the mirror has been getting the good oil and passing it on to me when he sees fit to do so !!!!!!
 
For all the fears of another leg down, @Sean K in the DJ thread, we have the VIX rather subdued and @farmerge pointing out "DOW finished a healthy green again last night/this morning. Will this bode well for the follow the leader our ASX on Monday?"

And indeed it should with local ASX futures pointing to starting
up 54 points or 0.7% to 7372
  • AUD -0.2% to 66.15 US cents
Gold up a bit. Iron ore holding above $100
 
Dona Ferentes said:
For all the fears of another leg down, @Sean K in the DJ thread, we have the VIX rather subdued and @farmerge pointing out "DOW finished a healthy green again last night/this morning. Will this bode well for the follow the leader our ASX on Monday?"

And indeed it should with local ASX futures pointing to starting
up 54 points or 0.7% to 7372
  • AUD -0.2% to 66.15 US cents
Gold up a bit. Iron ore holding above $100
Click to expand...
there are some that are starting to think that VIX is broken , or at least being circumvented , those of that thinking have noticed a huge uptick in zero days ( to expiry ) option trading

personally i am still considering if this tactic is useful for me , normally i can't get options to achieve the outcome i desire

also isn't Monday another non-trading day ( it is a public holiday in some states ) ??
 
frugal.rock said:
ir.cboe.com

Cboe Global Markets Launches 1-Day Volatility Index, Designed to Measure Volatility Over Current Trading Day

Cboe Global Markets Launches 1-Day Volatility Index, Designed to Measure Volatility Over Current Trading Day
ir.cboe.com ir.cboe.com

The cat is out of the bag now.
Click to expand...
yes , i suspected the VIX wasn't working about 6 months back , now that might have been Fed manipulation ( spoofing the options contracts ) , but recently saw articles about zero day trading and volumes , so are they gambling , buying , or spoofing/churning .

it would certainly help explain the current disconnect (would they try this strategy on commodities as well ?? )
 
Conspiracy theories aside, (my basic take) the index wasn't working as intended due to many newer volatile "instruments" being traded that affected it unduly, pushing it out of design parameters.
 
i am led to believe zero day option trading has been a strategy for a fair while ( simply buy BHP options on the day of expiry as an example )but not especially popular until this year

given the tests some ASF members stumble over before being allowed to trade options i assume the new trend is institutionally driven ( since they are talking ETFs to monetize the trend/activity )

i suppose the next question should be will this new volatility measure be manipulated in the future ( if not already be used as a manipulation tactic , currently )
 
Wall St had a good day to on Friday; ASX futures were up 64 points or 0.89% to 7284 overnight, so Monday should be strong.

The AUD leapt 0.8 per cent, briefly topping US67.50¢.

Commodities looking mixed
  • Spot gold -1.6% to $US2016.79/oz.
  • Brent crude +3.8% to $US75.25 a barrel
  • Iron ore -0.7% to $US98.70 a tonne
 
Dona Ferentes said:
Wall St had a good day to on Friday; ASX futures were up 64 points or 0.89% to 7284 overnight, so Monday should be strong.

The AUD leapt 0.8 per cent, briefly topping US67.50¢.

Commodities looking mixed
  • Spot gold -1.6% to $US2016.79/oz.
  • Brent crude +3.8% to $US75.25 a barrel
  • Iron ore -0.7% to $US98.70 a tonne
Click to expand...
Now one has to decide what to se tthe buy in SP when the Monday morning bell tolls
 

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