Registered Members Login:
   
Forgotten Your Details? Click Here To Recover +
Welcome To The ShareCafe Community - Talk Shares And Take Stock With Smart Investors - New Here? Click To Register >

1566 Pages (Click to Jump) V  < 1 2 3 4 5 > »    
 
  
Reply to this topic

Index Trading, xjo, dow, dax, ftse
early birds
post Posted: May 30 2019, 04:15 AM
  Quote Post


Posts: 12,381
Thanks: 1340


https://www.cnbc.com/2019/05/29/scary-patte...move-lower.html


The so-called head and shoulders pattern formed when the S&P 500 broke support at 2,800, and from there, analysts said it could lose another 5.4%. The S&P also fell below its 200-day moving average at 2,776, an important level of support and momentum indicator.

”...if the 2800 area breaks, it would confirm a head and shoulders top that suggests deeper downside risk to 2650, which is also the 50% retracement of the December to May rally,” Bank of America Merrill Lynch technical analysts wrote in a note. The top of the pattern would be the top of the head at 2,950, and 2,800 was considered the neckline.

===================

just food for thought.



 
early birds
post Posted: May 29 2019, 10:40 AM
  Quote Post


Posts: 12,381
Thanks: 1340


In Reply To: early birds's post @ May 22 2019, 10:17 AM

asx200 is at 6418

if 6375 didn't hold it then we look it down to 6300ish for really short term {few sessions},
keep the shorts and set stops at 6488 target it 6300 [ most likely will hit there in few sessions imho]




Said 'Thanks' for this post: nipper  
 
early birds
post Posted: May 22 2019, 10:17 AM
  Quote Post


Posts: 12,381
Thanks: 1340


asx200 at 6500
time to to have a little rest . the cheering for Scotty will be over ---either this session or tomorrow. imho

took a shorts at 6500 myself. aim it down to 6400ish within weeks.. just for a trade. for longer term investors the bullish trend for asx200 is well intact .



 
early birds
post Posted: May 19 2019, 03:49 PM
  Quote Post


Posts: 12,381
Thanks: 1340


https://www.bloomberg.com/news/articles/201...alia-s-election

The Stock Market Winners and Losers From Australia's Election

===============

major banks will be in for the pump, for short term.



Said 'Thanks' for this post: nipper  
 
early birds
post Posted: May 18 2019, 11:47 AM
  Quote Post


Posts: 12,381
Thanks: 1340


https://finance.yahoo.com/video/assessing-s...-195323646.html

Since 2016, the stock market has been grappling with a new risk: President Trump’s tweets. Yahoo Finance's Scott Gamm discusses how traders are tuning out the noise.
=============

lmaosmiley.gif , yeap....trump's tweets for traders.



 
early birds
post Posted: May 16 2019, 09:52 AM
  Quote Post


Posts: 12,381
Thanks: 1340


https://www.cnbc.com/2019/05/15/trump-admin...-trade-war.html

The Trump administration plans to delay auto tariffs by up to six months, stopping itself for now from widening global trade disputes, four sources told

===============

stupid trump------6 months??? everyone and their dogs know now that trump try to kick chinese first then turn the run to kick EU,
should delay for 6 year, that will get whole westen world help him contain china .
mad and silly----that's trump.




 


early birds
post Posted: May 14 2019, 11:11 AM
  Quote Post


Posts: 12,381
Thanks: 1340


In Reply To: nipper's post @ May 14 2019, 10:53 AM

tongue.gif
i can see how quiet those "chating sites" are when market drops big time.
it is good chance for investors like you nipper whom have supper longer term view.


for traders like me

asx200 have to hold 6175ish for short term [use 1 hour candles]. if not, then look down for short term.

spx 2788 is the key for bulls and bears to fight out for tonight.

keep eye on the news and market reaction, it is time for traders have a good focus and make few bucks here and there imho.



 
nipper
post Posted: May 14 2019, 10:53 AM
  Quote Post


Posts: 5,730
Thanks: 2079


In Reply To: early birds's post @ May 14 2019, 10:32 AM

QUOTE
...it is normal for market goes up and down.....
Yes, that's something I've observed, eb; and this allows me to mistime the market with alarming regularity, almost predictably so !!



--------------------
"Every long-term security is nothing more than a claim on some expected future stream of cash that will be delivered into the hands of investors over time. For a given stream of expected future cash payments, the higher the price investors pay today for that stream of cash, the lower the long-term return they will achieve on their investment over time." - Dr John Hussman

"If I had even the slightest grasp upon my own faculties, I would not make essays, I would make decisions." ― Michel de Montaigne

Said 'Thanks' for this post: early birds  
 
early birds
post Posted: May 14 2019, 10:32 AM
  Quote Post


Posts: 12,381
Thanks: 1340


In Reply To: nipper's post @ May 14 2019, 10:10 AM

it is normal for market goes up and down.
just hope that all the major central banks don't be overly lose this time, because money supply already reach the danger point of "hyper inflation".
if these bankers keep that lose policy for longer, we all will be screwed. and there is no way back.
reminds me how they start first world war. only this time they have nukes......... thumbdown.gif



 
nipper
post Posted: May 14 2019, 10:10 AM
  Quote Post


Posts: 5,730
Thanks: 2079


In Reply To: early birds's post @ May 13 2019, 10:47 PM

Always the way that we have some bad news (realism) to balance the good (optimism)
QUOTE
The US economy [has] been expanding for 10 years. But it’s been at a modest pace and, as yet, none of the factors that traditionally kill off a cyclical upswing in the US — a tightening in credit, wage increases, inflation, over-investment or excessive inventories — is in place.

With inflation staying low, the US central bank has taken increases in the cash rate off the table, at least for the next six months and maybe longer. Monetary policy in China is again more accommodative.

The main indexes of US and Australian shares are selling on lagging price-earning multiples of about 20 times and 16 times, respectively. They’re expensive but not tightly stretched. And, relative to bond yields, average dividend yields and earnings yields look not only attractive, but comfortable....
... ASX down 70 pts, on the tariff news, no doubt



--------------------
"Every long-term security is nothing more than a claim on some expected future stream of cash that will be delivered into the hands of investors over time. For a given stream of expected future cash payments, the higher the price investors pay today for that stream of cash, the lower the long-term return they will achieve on their investment over time." - Dr John Hussman

"If I had even the slightest grasp upon my own faculties, I would not make essays, I would make decisions." ― Michel de Montaigne

Said 'Thanks' for this post: early birds  
 
 


1566 Pages (Click to Jump) V  < 1 2 3 4 5 > » 

Back To Top Of Page
Reply to this topic


You agree through the use of ShareCafe, that you understand and accept the TERMS OF USE.


TERMS OF USE  -  CONTACT ADMIN  -  ADVERTISING