Australian (ASX) Stock Market Forum

This is about the first time I have ever been happy that we are open during the US night.
Totally playing the panic as it unfolds. We normally lose so much opportunity on the gaps.
Awesome
yeap at early morning gold stock were falling (I had weight in massively lately) I thought damned was i wrong got to us sites, yeap it is trump or messy by the time I could log again to play a day buy sell on gold stock it was already up and minimised my day trading profit.
Maybe the clique at the top is faillable after all, will give some ideas to the peons here.:)
 
shorted Gold stocks on the close whilst crapping my pants.
and everyone else was doing this -
Auuugh
[video]https://twitter.com/MsFlynn_/status/796222926496337920/photo/1[/video]
 
This is about the first time I have ever been happy that we are open during the US night.
Totally playing the panic as it unfolds. We normally lose so much opportunity on the gaps.
Awesome

Absolute gift today. Trump was in the lead in Florida so early and the market is totally asleep on it. Then the SPI still mucking around when the ES was plunging. Then Gold stocks took their sweet time to rise.

I just can't believe how:
- The market is so complacent so soon after getting caught pants down by Brexit.
- That there are 2 of these opportunities in 6 month.

Beat my Bexit P&L by 50%. Could have made a lot more but had connection problems by the afternoon...

More elections please!!
 
Absolute gift today. Trump was in the lead in Florida so early and the market is totally asleep on it. Then the SPI still mucking around when the ES was plunging. Then Gold stocks took their sweet time to rise.

I just can't believe how:
- The market is so complacent so soon after getting caught pants down by Brexit.
- That there are 2 of these opportunities in 6 month.

Beat my Bexit P&L by 50%. Could have made a lot more but had connection problems by the afternoon...

More elections please!!

I thought the same thing - I wasn't trading but blind Freddy could see Florida was on the line and the market was so lax about it. ASX -200 seemed a pretty good spot to have a go on the long side also.

Could make the argument holding gold stocks from the start was an ok gamble - plenty of upside exposure and if Clinton won I'm not sure they would have got sold off anyway.
 
On Brexit FTSE lost -8% in 2 days, then gained 24% in the next 5 months.

On 9/11 Dow Jones lost -18% in 2 days, then gained 26% in the next 6 months.
 
On Brexit FTSE lost -8% in 2 days, then gained 24% in the next 5 months.

On 9/11 Dow Jones lost -18% in 2 days, then gained 26% in the next 6 months.

I wouldn't hold your breath on a repeat performance. Different beast altogether.
 
I wouldn't hold your breath on a repeat performance. Different beast altogether.

SPI up 80pts since close.

DJIA some 500pts off the lows.

Wouldn't surprise me if Europe goes green before US opens.

Crazy market.
 
Be feeling crappy if you shorted the 200 and were looking for a further plunge. :frown:
 
SPI up 80pts since close.

DJIA some 500pts off the lows.

Wouldn't surprise me if Europe goes green before US opens.

Crazy market.

Odd reaction to the Trump win overnight but nothing should surprise really.

Just goes to show how important it is to stick to your plan...technical analysis in my case. Let the patterns show the way forward. Trying to second guess reactions like this is almost impossible.
 
Most stocks up from yesterday but will many close lower than their open price. Just saying it could be misleading comparative to yesterday.
 
could be good day to take money out of ANZ and WBC with them going ex-div on monday, who knows though, with Trump elected the bank regulation (Basel) could be thrown out the window and these stocks may keep rising after ex-div and help push XAO to 5600>
 
It's all about the perception that Trump is going to let it rip.
This is a great presidential jump.
Bond markets are being sold off!!! (Biggest bubble in the history of everything)

There are going to be a lot and I mean a lot of people, some very powerful, trying to take this guy down.
It's hard to imagine how at least one will not succeed given his history and character.
Even if that does not happen, the gaffs that are going to come out of his mouth will be cataclysmic and awesome for trading!
When everything is feeling this good, it's time to get fearful.
Remember the kind of horse this guy rode in on!

Racist Incidence day 1 Trumpland.JPG

We are now firmly living in interesting times! (Chinese curse)
 
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