This is a mobile optimized page that loads fast, if you want to load the real page, click this text.

XAO Technical Analysis

Jump to new
Re: XAO Analysis

Aussiest, Squawk reads the results to auctions out live, you can also see them if you pay for Reuters or Bloomberg.

This is some very odd price action lately, particularly the USD/equities correlatioin. After the fed, USD rallied (obviously as no more T buying and hence, better rate differentials) with equities remaining choppy, but then USD came off again. Have a pretty hedged portfolio now, so will just ride this one out.

Broadway, will get back to you on the data tonight.
 
Re: XAO Analysis


Thanks MRC

That all sounds like a foreign language to me, but gives me more to research!
 
Re: XAO Analysis

yeh i thought the correlation had changed aswell MRC, but with USD wekaness today and USD futures pointing up heavily, the correlation seems to have resumed... I have a mix of 2 shorts and one long on the NYSE atm (although 2 are at breakeven) , I think we will see some clarity in September
 
Re: XAO Analysis

white_goodman said:
I think we will see some clarity in September
Click to expand...

Yes, I can't wait until the end of Northern Hemisphere summer, things are getting very confused and messed up at the moment.

Yes, it's clear the runner I expected probably won't happen immediately, but still want the position, so hedging it with an asset class that will perform well in both inflationary/risk trade environments.
 
Re: XAO Analysis

I guess this means ivant has lost all his money.
 
Re: XAO Analysis

gfresh said:
2400 any moment now.. any moment..

Click to expand...

Amazing that we are starting a new leg up again.

Doom and gloom bears and those calling for a 'depression for a decade' have rapidly gone into hibernation, licking wounds on the way.

If I was a fund manager that was waiting for a decent pullback to get on, I would be steaming.
 
Re: XAO Analysis

Pity... Easy come easy go?
Preservation of capital more important than being right or making bucketloads on a call.
 
Re: XAO Analysis

Preservation of capital more important than being right or making bucketloads on a call.
Click to expand...

Preservation of capital I agree.
But trading in anticipation of both profit and preservation may be just as important.
 
Re: XAO Analysis

Aussiest said:
Who's game for a short?
Click to expand...

I can tell you my finger is on the the sell button. It's like that card game "spoons" where the last person to grab the spoon loses, but a person who grabs a spoon for no reason also loses...
 
Re: XAO Analysis

Moar insto buying today, stay long. If you wanna short, maybe a punt on the close.
 
Re: XAO Analysis

ill be shorting US market in coming days or weeks. Im very unconvinced with this rally.

Meaning, you should all go long and make some cash
 
Re: XAO Analysis

Fair way to fill to next resistance at ~4600. Volume yesterday was 2nd largest ever..

our banks are starting to reach P/E of 16x .. unless the insto's are going to bid them up into the 20's on expectation of a big profit increase next year.. I think that has to slow down soon.
 
Re: XAO Analysis

skyQuake said:
Yeah that sucks, making lots in 1 FY, then losing it in the next.
Click to expand...

Surely there must be some sort of dipensation if he can show the ATO what has become of his situation, anyway feel sorry for the guy to wreck an account in such a public way, another reason i prefer keep my positions to myself, ego and trading aren't a good mix.
 
You must log in or register to reply here.

Similar threads

What are the two main types of market analysis and how can we combine them?
2
Replies
31
Views
4K
tech/a
Ryan's Trading Journal (F/A+T/A Strategy)
6 7 8
Replies
141
Views
34K
aus_trader
DangInvestor.com - Business Analysis and Value Investing Software
Replies
9
Views
5K
luutzu
Pixel's Picks - potential trend reversals off the bottom
2
Replies
22
Views
15K
pixel
The Beginner Trader's Manual Guide
Replies
9
Views
20K
commoyo
Menu
Log in
Register
Cookies are required to use this site. You must accept them to continue using the site. Learn more...