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early birds
Posted on: Today, 08:53 AM


Group: Member
Posts: 12,956

had a rough scam through , haven't see any major bad things happened .
only see this news
https://www.marketwatch.com/story/trump-bes...9?mod=home-page

I have given the deal my blessing,” he said. “If they get it done, that’s great. If they don’t, that’s OK too.”

===========================
i knda remember he said he dosen't like the deal and gonna block it last Friday?? unsure.gif
anyway, it won't surprise me much anymore ............

talking about market
SPX had technical break down the neckline for the short term, but tested 3288 and bounced from there last Friday. thought the news above will lift it back to bullish trend, but market seems think otherwise
as future of SPX been down as i'm tipping .

asx200 future down a larger margin as well despite this bullish news.
i'm not so sure which direction asx200 gonna go today, kinda lean towards up side.
start low then slowly rise to the end of the session?? it was quadruple witching last Friday for US market!! [ a lot of options warrents eg.. expired ]

  Forum: Macro Factors

early birds
Posted on: Sep 18 2020, 10:35 AM


Group: Member
Posts: 12,956

asx200 went as high as 5920, just trailed my stops at 5903, and got hit,

really thought it should lean toward upside today. weirdsmiley.gif
but can't argue with Mr. market. on the fence now. it's strange to see oil sector still face selling pressure ??? saw saudi and russia trying to push oil price up and WTI BRAND all up over 2% last session??

  Forum: Macro Factors

early birds
Posted on: Sep 18 2020, 09:41 AM


Group: Member
Posts: 12,956

SPX did break through that key level 3350 last night but slowly clawed back above it and most importantly it closed above 3350, so that gives bulls hopes.

asx200 been knocked down by that tic toc thingy yesterday, as US EU market recovered last session
i expecting asx200 to target 5950 or above, if start day under 5910, i'd go long for a trade.

keep eye on energy sector today, looks short squeeze might happen there!!imho

happy hunting Friday!!

  Forum: Macro Factors

early birds
Posted on: Sep 17 2020, 01:20 PM


Group: Member
Posts: 12,956

https://www.cnbc.com/2020/09/16/trump-says-...iktok-deal.html

Amazingly I find that you’re not allowed to do that,” Trump said, referring to the idea of receiving “key money” for broker a deal, which he first proposed last month. “I said, ‘What kind of a thing is this?’ If they’re willing to make big payments to the government, they’re not allowed because there’s no way of doing that from a — there’s no legal path to do that.”

====================== lmaosmiley.gif

not gonna say anything !!!

anyway, market been under the pressure from last section of US market last night, now ,i know what's gonna come out.
i reckon it is main cause of this sell offs now!! stay aside, as a lot of risk going forward . imho

  Forum: Macro Factors

early birds
Posted on: Sep 17 2020, 11:15 AM


Group: Member
Posts: 12,956

The talk of the US dollar losing its glitter as THE reserve currency has been out for at least the 12 to 15 years that I can recall, and yet we are no closer to its demise.

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

i said many times to people and few times here as well!

no one can put value on the military power of USD .. and i don't see anyone can charge that in our life time [ next 50 years]. imho!!

  Forum: Macro Factors

early birds
Posted on: Sep 17 2020, 10:50 AM


Group: Member
Posts: 12,956

https://www.msn.com/en-au/news/australia/mo...ies/ar-BB196N3W

The Morrison government is preparing to divert renewable energy funding away from wind and solar. An overhaul of Australia’s renewable energy agency will be announced today


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

all interested group will come out of woodwork ----"blah blah ....." about it!!

  Forum: Off Topic Chat

early birds
Posted on: Sep 17 2020, 10:37 AM


Group: Member
Posts: 12,956

https://www.sharecafe.com.au/2020/09/17/bof...-in-the-market/

According to the latest Bank of America’s fund manager survey (covering investments valued at $US646 billion), 80% of the 234 respondents to the September survey reckon the Megatech sector is too crowded – in fact, they say its “the most crowded trade” ever in the market.

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

DYOR as always

  Forum: Investment Discussion

early birds
Posted on: Sep 17 2020, 10:31 AM


Group: Member
Posts: 12,956

The dollar’s historical position as the global reserve currency is in jeopardy because of steps the U.S. has taken to save its economy during the Covid-19 pandemic, according to Ray Dalio, founder of hedge fund giant Bridgewater Associates. While equities and gold benefited from trillions of dollars in fiscal spending and monetary injections, those efforts are debasing the currency, he warned. —David E. Rovella


===========

from Bloomberg

it's just one of the opinion , take it with grain of slat?? if don't like it!! smile.gif

  Forum: Macro Factors

early birds
Posted on: Sep 17 2020, 10:07 AM


Group: Member
Posts: 12,956

index expiry today!! for asx200
we might see some erratic moves when cash market opens at first half hour!!

  Forum: Macro Factors

early birds
Posted on: Sep 17 2020, 09:59 AM


Group: Member
Posts: 12,956

https://www.afr.com/policy/economy/fed-sign...20200917-p55wdk

Lower for longer. #FOMC will maintain an accommodative stance of monetary policy until they can achieve “inflation moderately above 2% for some time” which implies until at least 2023.


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

dovish Fed !!

  Forum: Investment Discussion

early birds
Posted on: Sep 17 2020, 09:52 AM


Group: Member
Posts: 12,956

SPX had strange session last night, it popped up after FED indicator "lower rate for longer",
then sellers come out wood work , keep the pressure on esp for the large tech stocks , seems rotation keeps on

commodities did well lead by oil price

so i kinda see asx200 will be in range at our market---5950--5975 or even tight range. don't see much on index trading today

by the way SPX key support is at 3350ish [or little lower] drop through there will bring out a lot of bears! imho. it's just TA view!!

  Forum: Macro Factors

early birds
Posted on: Sep 16 2020, 01:22 PM


Group: Member
Posts: 12,956

yeah Mick
if my memory serves me right
JPM try to showing bit of "moral" and try to pay bit more when they look at Leiman, and then as subprime shity runs deeper JPM paid peanuts for WAMU

" fortress balace sheets" is the words from Dimon . they are the biggest winner out of GFC [imho] and that is time i had thoughts about "smart guy" !!
thanks to let us know where your anger come from!! tongue.gif

anyway i post this link is think about the points he made. sounds right me! i guess you might be agree some points he made as well.
but according to you he dose things different to what he says!! lmaosmiley.gif then that will be a smartass!!

take the easy Mick!!

  Forum: Investment Discussion

early birds
Posted on: Sep 16 2020, 11:50 AM


Group: Member
Posts: 12,956

i kinda guess JPM did some shity thing to you, it's not first time i see you gets really upset with them.
hope you can tell us little bit more!! tongue.gif

for investment idea, i took less ethic approach, that way i'd have more of choice. imho

  Forum: Investment Discussion

early birds
Posted on: Sep 16 2020, 11:17 AM


Group: Member
Posts: 12,956

https://www.cnbc.com/2020/09/15/dimon-short...-decisions.html


He added that the Fed was “so wide open now” that it does not need to pump any more liquidity in the system, and should instead let nature take its course. He argued another small round of federal spending was needed to prop up small businesses and people in long-term unemployment

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

both way??, nature course?? or printing more??
i'm still a fan of him. smart CEO.

  Forum: Investment Discussion

early birds
Posted on: Sep 16 2020, 08:48 AM


Group: Member
Posts: 12,956

seen some wekness from US market last night , esp the way that SPX movement.
but EU market doing well and some other major index doing fine as well.

seems like money moving around and try to pump up market but bit if short of breath???? unsure.gif

asx200, looks good as it's future points out. i'd think of 5925----5950ish is the tight range for today, but if it go above 5975, that will bring out a lot of bullishness!! imho

  Forum: Macro Factors

early birds
Posted on: Sep 15 2020, 09:38 AM


Group: Member
Posts: 12,956

a break from US market from sellers last night, gives bit of confidence to other market, esp our market i guess

but future of asx200 didn't go crazy last night. 5900--5925 might be the tight range for today's session?? unsure.gif

not so sure , just cut down the size of the trade, or stay aside[ prefer that way]!!

  Forum: Macro Factors

early birds
Posted on: Sep 14 2020, 09:40 AM


Group: Member
Posts: 12,956

no major event happened through the weekend [[hot war eg...]

so expecting asx200 lean to the upside today. the future is up before the bell.
keep eye on 5875, if it can stay above the level, then that is bullish sigh for short term traders or DT .

if cash market stay below 5875 , then stand aside, imho!!

  Forum: Macro Factors

early birds
Posted on: Sep 11 2020, 10:05 AM


Group: Member
Posts: 12,956

Friday again, tongue.gif

not much action last night. as US EU market had down swing session caused big tech name FAANG or whatever you like to call it.

asx200 -----bist support should be at 5788ish, close below that with good margin then will bring most of bear out of woods. up side res set at 5866ish. wich is not far from opening bell!!

  Forum: Macro Factors

early birds
Posted on: Sep 10 2020, 12:59 PM


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Posts: 12,956

https://www.cnbc.com/2020/09/09/stanley-dru...hallenging.html

guy is a legend on wall street. i guess he has been squeeeezed hard by this rally!! ohmy.gif



  Forum: Investment Discussion

early birds
Posted on: Sep 10 2020, 09:40 AM


Group: Member
Posts: 12,956

as US EU markets all had really good size rebound last night.
we should see asx200 will have a good start.
to me asx200 will range bound. support is at 5925ish and res is at 5975ish. i would use that two level to take action. lean to the long side today

  Forum: Macro Factors

early birds
Posted on: Sep 9 2020, 09:44 AM


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Posts: 12,956

market is down, but TLS is showing bit of "defence" nature .

my prediction is wrong as it went to low of 2.82ish. i still think it is good place to park the cash.

i'm biased , as i hold some stakes of TLS !!

  Forum: By Share Code

early birds
Posted on: Sep 9 2020, 09:37 AM


Group: Member
Posts: 12,956

lmaosmiley.gif

it is poem for you H
not for me , as i bearing through the pain last two days!! sadsmiley02.gif

i guess 99.99% of people don't like to see the dentist!!! pay the $$ and get the pain!! weirdsmiley.gif

hope you guys do well with current yo--yo market!! as asx200 future looked well atm.

  Forum: Macro Factors

early birds
Posted on: Sep 9 2020, 09:07 AM


Group: Member
Posts: 12,956

support for asx200

5820ish then 5792ish [strong support], other than that, not so sure!!!!! as geo--risk with overbought major market, be skittish on these levels, even you are a little longer term investors!!

try to use 5 minutes chart to scalping today, ----long or short !!

  Forum: Macro Factors

early birds
Posted on: Sep 9 2020, 08:51 AM


Group: Member
Posts: 12,956

Is This a Dip Buying Opportunity or the Start of a Correction?

On Tuesday, Lululemon Athletica (LULU) is anticipated to release second quarter EPS of $0.52 vs $0.96 last year on sales of $830.1 million compared to $883.4 million a year ago. The Co designs athletic accessories and apparel, and its expected move based on front-month options is 9.9%. The last time the Co reported earnings the stock fell 3.8%. Looking at a daily chart, the RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The stock could retrace in the short term. Moreover, the stock is trading under its 20 day MA ($366.33) but above its 50 day MA ($337.61). We are looking at the final target of $414.00 with a stop-loss set at $331.00.

On Wednesday, HD Supply (HDS) is expected to announce second quarter EPS of $0.74 compared to $1.08 a year ago on revenue of $1.6 billion, in line with last year. The Co is one of the largest home improvement product distributors in North America and on August 11th, Clayton, Dubilier & Rice, a private-equity firm, announced an agreement with the Co to acquire its construction and industrial business known as White Cap for 2.9 billion dollars in cash. From a technical point of view, the RSI is below 50. The MACD is positive and below its signal line. The MACD must penetrate its zero line to expect further downside. Moreover, the stock is trading under its 20 day MA ($40.69) but above its 50 day MA ($37.27). We are looking at the final target of $34.90 with a stop-loss set at $42.10.

On Thursday, Peloton Interactive (PTON) is likely to unveil fourth quarter EPS of $0.11 vs an LPS of $1.88 last year on revenue of $573.0 million compared to $223.3 million a year ago. The Co operates an interactive fitness platform and on September 1st, the Co announced the formation of the Peloton Health and Wellness advisory Council, which will look at how it can positively impact the physical, emotional and mental well-being of its members. On another note, the Co's current analyst consensus rating is 23 buys, 2 holds and 1 sell, according to Bloomberg. From a chartist's point of view, the RSI is above its neutrality area of 50. The MACD is positive and above its signal line. The stock is trading above its 20 day MA ($71.31) and 50 day MA ($66.78). We are looking at the final target of $112.85 with a stop-loss set at $65.29.

On Friday, Kroger (KR) is awaited to post second quarter EPS of $0.50 compared to $0.44 a year ago on sales of $29.6 billion vs $28.2 billion last year. The Co operates a chain of superstores and corner stores, and on August 25th, Impossible Foods' launched its Impossible Burger patties at approximately 2,000 grocery stores nationwide owned by the Co. In other news, on August 14th, Warren Buffett's Berkshire Hathaway revealed that it increased its stake in the Co by 16% to 21.9 million shares during the second quarter of 2020, according to a 13F filing with the US Securities and Exchange Commission (SEC). Technically speaking, the RSI is below 50. The MACD is positive and below its signal line. The MACD must penetrate its zero line to expect further downside. Moreover, the stock is trading under its 20 day MA ($35.64) but above its 50 day MA ($34.68). We are looking at the final target of $32.80 with a stop-loss set at $37.20.
Looking at the S&P 500 CFD on a 30 minute chart, the index turned down on September 3rd after price broke below its 200-period simple moving average (SMA) and was unable to find footing. The S&P has begun a short-term downtrend after reaching a record high of 3587.70 on September 2nd. The powerful declines and short rallies should have investors on the edge of their seats. Is this a dip buying opportunity or the beginning of a correction? The tech sector is also feeling some of the pain as shares of Tesla and Apple were the worst hit of the big names last week. Other tech stocks have also been experiencing a dip in prices. The index will likely continue to have rallies as traders play the intraday movements. However as long as price remains below its 200-period SMA, the bias is bearish. Price will probably rally back up to 3403.00, where it will meet resistance and likely be sent down to 3321.00. If price breaks below 3321.00, it could fall further to 3280.00. If price gets above 3403.00, traders should look to 3449.00 as a strong resistance level.

-------
DYOR AS ALWAYS!! it's just one of many studies!
  Forum: Investment Discussion

early birds
Posted on: Sep 8 2020, 09:41 AM


Group: Member
Posts: 12,956

EU market did really well last night's with US market holiday.
the bull run seems won't be finished easy.

as asx200 future points up and as well as SPX future rallied atm looks bulls are back

keep eye on asx200 5975---6000, over come this level market will turn bullish again -----bears will close their shorts when that happen!! imho

  Forum: Macro Factors

early birds
Posted on: Sep 7 2020, 11:43 AM


Group: Member
Posts: 12,956

went to dentist this morning

still try to manage the anesthetic , it will be more pain when the "norm feeling is over" .
the sound of drill still ringing in my head.......ahhhhhhhhhhhhhhh.

not much to add as asx200 seems start to recover from the sell off. on the fence for me today!!



  Forum: Macro Factors

early birds
Posted on: Sep 5 2020, 11:25 AM


Group: Member
Posts: 12,956

to me
any jackass is better than trumpies-------when he wants people inject shity in their vein , man!!!! he lost me!
sleepy Joe, or whoever!!



  Forum: Off Topic Chat

early birds
Posted on: Sep 5 2020, 11:20 AM


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Posts: 12,956

https://www.cnbc.com/2020/09/03/stock-marke...close-news.html

Boeing shares rose more than 1% while bank stocks gained broadly. JPMorgan Chase and Citigroup were up 2.2% and 2%, respectively. Bank of America climbed 3.4%. Wells Fargo advanced 1.1%. Cruise operator Carnival climbed 5.4% and United Airlines advanced 2.2%.

“We might finally see some rotations that could lead to new market leadership,” said Peter Cardillo, chief market economist at Spartan Capital Securities. “That’s something we’ve been lacking for a long time.”

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

seems like rotation to defensive sectors ........ as i thought....keep eye on the high yields!!

this bull run isn't gonna roll over easy!!

  Forum: Investment Discussion

early birds
Posted on: Sep 4 2020, 03:04 PM


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Posts: 12,956

While the Dow fell more than 800 points, shares of JPMorgan Chase & Co. JPM, -0.31%, the world’s largest bank, declined only 0.3% and shares of Exxon Mobil Corp. XOM, -0.20%, the world’s largest oil company, lost only 0.2% after spending much of the day in the green. All 11 S&P 500 sectors fell, but energy shares lost only 0.6% and financials declined 1.6% — both are among the most out of favor in 2020, down nearly 43% and 19% year to date, respectively.


https://www.marketwatch.com/story/stock-mar...3?mod=home-page

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

not so sure!! unsure.gif

  Forum: Off Topic Chat

early birds
Posted on: Sep 4 2020, 09:04 AM


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Posts: 12,956

looks a overbought pull back with other major market last's session

so use 5925 for asx200 for the last support for the longs. if asx 200 dip below 5915 then short it.

  Forum: Macro Factors

early birds
Posted on: Sep 4 2020, 09:00 AM


Group: Member
Posts: 12,956

https://www.cnbc.com/2020/09/02/stock-marke...close-news.html

a healthy overbought pull back or start of something similar to March?? unsure.gif
i guess no one knows exct . i'm in the cautious pack, think this market is on the sugar high [ CBs printing money around world]

if one really like to stay in the market then focus on the high yielding stocks that less affected by the current virus and geo--risk-----defensive is the words

  Forum: Off Topic Chat

early birds
Posted on: Sep 3 2020, 10:22 AM


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Posts: 12,956

asx200 future went as high as 6125 before the bell, so i took shots
now i closed them all out at 6100. sit on fence now. can't see much to do quick trade.
lean toward long asx200 esp holding some stocks. our market looked bullish .

  Forum: Macro Factors

early birds
Posted on: Sep 3 2020, 09:11 AM


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Posts: 12,956

still held my DAX long and trialed stops to 13282, like to see how high it can run up,

as AUD goes down a bit last night's session, i expecting asx200 will over come 6100, and target 6200ish
for today, i would target asx200 at 6125., stops should be 6075ish, so there isn't much of risk/ reward ratio. for index. i might look at financials today.
high yield might have a good session today.

  Forum: Macro Factors

early birds
Posted on: Sep 2 2020, 06:24 PM


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Posts: 12,956

had little long on DAX just raised stops at 13145, target all time high at 13300ish

asx200 gonna test that 6100 again . bulls seems not gonna give up this run up easy . stay with trend!!

  Forum: Macro Factors

early birds
Posted on: Sep 2 2020, 12:44 PM


Group: Member
Posts: 12,956

At least we can use the monkeys for testing the virus vaccine.

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

lmaosmiley.gif .....
good one Mick!!! 37 freaking mil for a year, if i hold the share of this Co. i'd dump it right the way if seen this report!!

  Forum: Off Topic Chat

early birds
Posted on: Sep 2 2020, 11:44 AM


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Posts: 12,956

aussie GDP -7% AUD had a dip after the data .

but asx200 seems stay strong on back of this data, . it gives investors little more confidence to buy more or stay long.......

  Forum: Macro Factors

early birds
Posted on: Sep 2 2020, 10:55 AM


Group: Member
Posts: 12,956

hi cooderman
so nice to see you back here, tongue.gif really miss your TA input

i lock in the profit for asx200 index little too early, but profit is profit, that covered loss of yesterday and plus bit more, so a good session for me so far.

tell us about AUD/USD PAIR , looks really in the strong up trend!!

  Forum: Macro Factors

early birds
Posted on: Sep 2 2020, 09:56 AM


Group: Member
Posts: 12,956

been stopped out yesterday at 5975 for asx200 index long

today, i will go long again as US EU markets all doing really well last night's session, and future of asx200 is above 5975 again before the bell. target is 6015 with stops 5950.
risk/reward ratio isn't that good . only thing i can see for now!!

  Forum: Macro Factors

early birds
Posted on: Sep 1 2020, 08:13 PM


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Posts: 12,956

https://www.msn.com/en-au/news/australia/in...ine/ar-BB18znaA

“Is it just me or is anyone else bothered that people roam the streets and bin dive into people’s recycling bins to get cans and bottles? I just had an altercation with someone going through my bin and I don’t appreciate it at all.”
-------------- SHE TOOK THE WORDS OUT OF MY MOUTH [ WHEN I SAW THE PHOTO I START TO THINK OF MY MUM]



......


Sitting across from each other — or perhaps even on Zoom — the human book tells its story, answers questions and shares thoughts. Connecting people, reducing suspicions and building trust.

I HAD SIMILAR THOUGHTS....I GUESS THE THOUGHTS OF MANY POOR EVERAGE LITTLE JOE

-----------------------------

it just a normal little article , but sorta touched my nerve !! sadsmiley02.gif


  Forum: Off Topic Chat

early birds
Posted on: Sep 1 2020, 09:43 AM


Group: Member
Posts: 12,956

https://www.afr.com/life-and-luxury/health-...20200901-p55r4t


Louis O'Neill, 24, died on June 3 on the floor of his bedroom due to a pulmonary embolism caused by deep vein thrombosis. He had been furloughed in March and spent the next two months doing less and less. Now, his devastated parents beg Britain to back their campaign, Stand Up For Louis, and move every 90 minutes.

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

guys------move around if you sit behind computer too long.
  Forum: Off Topic Chat

early birds
Posted on: Sep 1 2020, 09:27 AM


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Posts: 12,956

hope the number can coming down faster so people can have less fears and restrictions
seems heading to right direction. here is hope !!
  Forum: Off Topic Chat

early birds
Posted on: Sep 1 2020, 09:23 AM


Group: Member
Posts: 12,956



xiao

Mail
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Yahoo News Australia1 September 2020, 9:15 am AEST
Restrictions in Victoria continue to suppress daily infections, with a new low in daily coronavirus cases achieved since the peak of the second wave.

The Department of Health and Human Services (DHHS) confirmed 70 new cases and five deaths – a significant drop from Monday.

It follows 73 new infections and a record 41 further deaths confirmed the previous day. Twenty-two of those deaths were across several weeks prior to August 27 from aged care facilities, the DHHS said.

On Monday, Premier Daniel Andrews revealed he will be releasing the state’s roadmap out of restrictions on Sunday.

Chief Health Officer Brett Sutton told reporters the state was “more or less on track” and hoped daily cases would drop to 40 by the end of the week.
  Forum: Off Topic Chat

early birds
Posted on: Sep 1 2020, 09:21 AM


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Posts: 12,956

yesterday is last day of the month. seems a lot of book squaring stuff

SPX closed at 3500 on points with cash market eg

so ASX200 will start at 6000---that key level again, this morning when our market opens.

not sure where it could go today. for longs --stops should be at 5970ish, target 6045. imho

  Forum: Macro Factors

early birds
Posted on: Aug 31 2020, 09:17 AM


Group: Member
Posts: 12,956

Note that the vaccine being developed by AstraZeneca and the University of Oxford is priced at about $3 per dose.

=================
they spent a lot of $$$$ on R&D . is that how it works Mick?? unsure.gif they try to get that money back and plus ...........don't know what to say.... cool.gif

you might be right for " big greedy phama" , but people do need new mads to cure sickness as most of people scar of die . just can't find the balance between them.

  Forum: Off Topic Chat

early birds
Posted on: Aug 31 2020, 09:07 AM


Group: Member
Posts: 12,956

a lot of x--divy from asx200 large stocks today.
so expecting little soft for the index [[for the start in the morning at least] even US market went all time high last Friday.

if you are long asx200, keep it , more like ly it will head up again within two session imho!!

i would go long at opening bell at 6030ish for asx200 with stops at 6008.

  Forum: Macro Factors

early birds
Posted on: Aug 28 2020, 10:04 AM


Group: Member
Posts: 12,956

use 6075ish as stops go long just under 6090ish target 6137 for the day trade asx200 index

can't see other trade atm

  Forum: Macro Factors

early birds
Posted on: Aug 27 2020, 10:14 AM


Group: Member
Posts: 12,956

asx200
6100 become battle ground between bulls and bears.
keep eye on this level today, and nearly month end there is index option expiry.

US and EU market did really well last few weeks till this far. and looks still strong!!

  Forum: Macro Factors

early birds
Posted on: Aug 26 2020, 10:24 AM


Group: Member
Posts: 12,956

yeah Mick
i kinda remember you said want buy it at 2.97 before.
glad to see you follow through your plan. good job { to me at least]

funny that discounted franking credit for the x--divy. a good sign of support for this old dog!!

  Forum: By Share Code

early birds
Posted on: Aug 26 2020, 10:08 AM


Group: Member
Posts: 12,956

x--divy day today.

8 cps ff. see how low it can go for next two weeks?? unsure.gif

estermate 13 cps ff for next financial year.

  Forum: By Share Code

early birds
Posted on: Aug 26 2020, 09:29 AM


Group: Member
Posts: 12,956

https://www.msn.com/en-au/news/australia/po...ail/ar-BB18lTZ9

Recent polls show Australians love the extreme responses to COVID-19 imposed by their state premiers and would vote for even more draconian measures, according to Sky News host Paul Murray.

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

i guess people really scare of covid--19. the fears getting it trumps all other things . don't blame them, i'm scared too as a lot everyday people!! weirdsmiley.gif

seems don't have good solutions between economy and covid-19.
  Forum: Off Topic Chat

early birds
Posted on: Aug 26 2020, 09:16 AM


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Posts: 12,956

https://www.afr.com/world/asia/the-risk-of-...20200826-p55pbq

Both sides have pledged to keep at a safe distance during these encounters. Yet what is a safe distance exactly?

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

it is the thingy that got me thinking --market is due for big pull back.
but most of major market keeps rallying up and up.............. lucky that i still have some skills for TA term that gives me some edge to avoid big loss by trading.

hope you guys give some your thoughts about this market, for us to discuss it here!! tongue.gif



  Forum: Investment Discussion

early birds
Posted on: Aug 25 2020, 02:01 PM


Group: Member
Posts: 12,956

After we reported on Friday that Victoria was in talks to broaden the border bubble, a 40-kilometre ''buffer'' zone for people living near the South Australian-Victorian border will be reinstated from midnight on Thursday as South Australia loosens some COVID-19 restrictions which had caused chaos for people in border towns when it comes to work and school.

South Australian Premier Steven Marshall announced the changes on Tuesday, and also said he was hopeful that border restrictions with NSW and the ACT could be lifted in the next two weeks. There had been no new cases for 14 days in the Glenelg Shire local government area in western Victoria near the SA border.

At the same time, speaking at the NSW-Victorian border in Albury, NSW Deputy Premier Johnn Barilaro announced that his government will also look to do extend its buffer zone.

Mr Barlilaro said the NSW Government will look to extend the buffer zone from 2.5 kilometres to 50 kilometres to "give more freedom to those on both sides of the border to work and function as a community".

He also said the government has plans to instate a 100-kilometre buffer zone for those working in agriculture.

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

at least give everyday people some breathing space!!!??

  Forum: Off Topic Chat

early birds
Posted on: Aug 25 2020, 10:34 AM


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Posts: 12,956

https://www.msn.com/en-au/news/australia/ma...-19/ar-BB18ke7t


A proud Baby Boomer has slammed 'entitled Millennials' for complaining about life during the coronavirus pandemic, claiming life was far harder in the 1950s.

Maria Hreglich, who lives in Sydney's affluent harbourside suburb of Mosman, spoke out during Q&A's panel discussion about 'Generation COVID' on Monday night.

'Why are all these young people complaining?' she asked.

'I am the first generation of the Baby Boomers. We did not have very much. We worked hard and saved.

'Not this throwaway society the young live in now. They are not prepared to sacrifice; whatever goes wrong, it's not their fault; and they are not prepared to do whatever it takes to get on.'

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

sound like older folks try to educate their children .............the generation's gap always there. seems no way can avoid it!! sadsmiley02.gif

  Forum: Off Topic Chat

early birds
Posted on: Aug 25 2020, 09:10 AM


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Posts: 12,956



1
After spending the prior four days knocking on the door of 3,400, the SPX finally closed above the mark today. The index now is 2% away from achieving our next upside target of 3,500, which has been in place since 7/20.

2
The index advanced for the 13th time in the last 17 trading sessions. With five trading days left in August, the SPX logged just its second 1% advance of the month (8/12). The last 1% LOSS occurred on 7/23, a streak of 22 days. That's by far the longest of 2020 and the most since 74 straight (10/9/19 - 01/24/20).

3
The continued lift now has put the SPX's 14-Day RSI above 70 for the first time since 6/9. We'll recall that a two day Fed meeting concluded on 6/10, followed by that huge 5.9% decline on 6/11. So, while that kind of catalyst isn't present now, the SPX has yet to prove it can do much in 2020 in the short-term while sporting an overbought momentum reading.

4
Overall, 10/11 Sector ETFs advanced on Monday, with six finishing higher by at least 1%. The XLK was NOT among the leaders, but it was able to finish near its mid-point after dropping 1.5% during a morning sell off. Regardless, it still made a fresh new high today.

5
The XLE Energy ETF led all day, as it attempts to bounce back from an ugly week once again. As noted yesterday and again this morning, it has done this three times prior since July. XLE has proven it can respond well to o/s conditions, but it has yet to follow through much beyond the 38 zone.

6
The Healthcare XLV ETF lagged all session and despite coming back from its lows, it failed to poke back above the break-even mark. The XLV continues to trade within the same five-week, four-point trading range.

7
The longest winning streak of the ETFs we track belongs to SOCL (Social Media), which is up six straight days. It now has five winning streaks of least six days since the March lows, the longest being nine in a row (6/29 - 7/10).

8
The JETS Airlines ETF was up a big 5.6%. Its last three 5% gains were followed by losses the next day (7/15, 6/29 & 6/12).

9
The +1,481 opening NYSE TICK was the first reading > +1,000 since 8/12. That ended a seven-day streak, the longest since 10 in a row (12/17 - 12/31/19).

10
Composite Volume was below 10 billion shares for the ninth straight day today, by far the longest since before the crash. The last 10 billion share day was 8/12.

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

the study target SPX to 3500.
  Forum: Investment Discussion

early birds
Posted on: Aug 25 2020, 08:53 AM


Group: Member
Posts: 12,956

A man was infected with the coronavirus after recovering from an initial bout in April in what scientists said was the first case showing re-infection may occur within a few months. In New Zealand, once the poster-child for how to handle a pandemic, Prime Minister Jacinda Ardern extended a lockdown in Auckland, the nation’s largest city. Deaths worldwide surpassed 800,000 this weekend, with confirmed infections now totaling 23.5 million, though the real numbers on both counts are said to be much higher. Some 5.7 million infections are in the U.S., where 177,000 have died from the virus this year. Here is the latest. —David E. Rovella

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

heard some case of " long term side affects even if one has been healed ". the thing seems really tough to get rid off!! weirdsmiley.gif
that many R&D for this thing, still can't get a proper meds to kill it?? unsure.gif



  Forum: Off Topic Chat

early birds
Posted on: Aug 25 2020, 08:21 AM


Group: Member
Posts: 12,956

asx200, keeps long index today
up side target should about 6200ish [[more like 6175 for me]

other major market really bullish on TA term.

to me EU market still is better bet than US market!!

  Forum: Macro Factors

early birds
Posted on: Aug 24 2020, 04:27 PM


Group: Member
Posts: 12,956

https://www.cnbc.com/2020/08/24/2020-electi...t-forecast.html

CNBC quizzed the 20 market-watchers about where they expect 2020 to end for the S&P 500. The index finished last Friday at a record 3397.16.

Eight analysts cited a range of 3400-3600 as their December 2020 target for the index. Five called for a range of 3000-3200, which would mark a decline of between roughly 6-12% from current levels. Valuations and uncertainty around the coronavirus pandemic were reasons cited for that negative outlook.

Three strategists picked the S&P 500 finishing above 3600. Two said it would come in below 3000.


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

can't see much of up side from SPX current level!! unsure.gif
but on TA term the index is really bullish!!

  Forum: Investment Discussion

early birds
Posted on: Aug 24 2020, 10:04 AM


Group: Member
Posts: 12,956

seems i over estermate the price before x--divy. tomorrow is the last date to hold divy.

it's bit hard to guess the the down side level after x--divy. still think of 2.88, but not with the confident that i have weeks before. unsure.gif

  Forum: By Share Code

early birds
Posted on: Aug 24 2020, 08:56 AM


Group: Member
Posts: 12,956

no major events though the weekend

long asx200 index at 6100ish with stops set at 6082 target above 6150.

other major esp EU market set for the long [with future market]. imho

SPX made new high, ---so things looks ok. but keep eye on it, this market can turn really fast!!

  Forum: Macro Factors

early birds
Posted on: Aug 21 2020, 12:54 PM


Group: Member
Posts: 12,956

asx200 that 6100 level become bull and bear battle line now!!
on the fence today , from my math calculation , not a idea to speculate it today.

  Forum: Macro Factors

early birds
Posted on: Aug 20 2020, 09:56 AM


Group: Member
Posts: 12,956

opened lower than 6125, so the long bets are off!! kinda weird to me judge by asx200 future performence last night!
but has to stick to the trading plan!!

  Forum: Macro Factors

early birds
Posted on: Aug 20 2020, 09:51 AM


Group: Member
Posts: 12,956

asx200

prefer go long at 6135---6140ish taget 6190--6200 with stops under 6125. for DT

other major market [ esp spx] had pull back after rallying hard for over a week. they are still bullish!!

  Forum: Macro Factors

early birds
Posted on: Aug 20 2020, 09:46 AM


Group: Member
Posts: 12,956

https://www.afr.com/markets/equity-markets/...20200819-p55n22

A successful vaccine and the subsequent return to regular life could quickly shift policymakers’ attitudes towards the extraordinary economic stimulus they’ve poured on. If they decide to taper back those efforts quickly, the market’s celebration could be brief.

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

i kinda lean towards this outcome!! but not sure what those CBs will do though!! unsure.gif

  Forum: Investment Discussion

early birds
Posted on: Aug 18 2020, 11:21 AM


Group: Member
Posts: 12,956

thought i'm really good with math

but really scratched my head for a lot of these formulars Mick.
if i can really understand all that, i will be a real scientist , not a shameless market scalper !! ohmy.gif

thank you to provide this, i guess some readers might understand them. not my little brain though!!

  Forum: Investment Discussion

early birds
Posted on: Aug 18 2020, 09:42 AM


Group: Member
Posts: 12,956


Hate to disappoint you EB, but there is no reason why CB's won't keep digitally printing Virtual Currencies, just like they do now.

==========================
i actually appreciate your educational info.

only thing that i think this thingy can safe purchasing power [or against inflation] is all these CB's main purpose not just for easier the payments.

there is nothing in this world can really stop CB to printing after Nixon GOVT. decouple the gold standards at 70s ---it's like let the genie out of bottles

by witness the bitcoin performance ............i kinda think if the digital currency that issued by MAJOR CBs it might provide some kinda inflation protection and it they have solid back ups.

i could be wrong as we never encountered these things, it's all my ' educated guess works" . smile.gif

thank you for the info Mick!!

  Forum: Investment Discussion

early birds
Posted on: Aug 18 2020, 06:34 AM


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Posts: 12,956

The FED's digital currency and what that means for cryptocurrencies

The United States Federal Reserve announced through Governor Lael Brainard that they are conducting tests with digital currency, no commitments to adoption has been stated at this time.

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

hope it can hit market soon , so people can hedge them self from endless money printing from all major central banks around world.

  Forum: Investment Discussion

early birds
Posted on: Aug 17 2020, 04:34 PM


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Posts: 12,956

https://www.msn.com/en-au/news/sydney/the-f...own/ar-BB182h39


Union boss Sally McManus' five steps to stopping the virus
1. Paid pandemic leave

2. Protect aged care homes

3. Make abattoirs safe

4. Work from home mandatory for all who can

5. Make mask wearing compulsory

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

still 8 new cases...........
  Forum: Off Topic Chat

early birds
Posted on: Aug 17 2020, 04:00 PM


Group: Member
Posts: 12,956

think about most of major CFD's providers charge yearly interest around 2.6%, people can borrow big mount of money and interest been covered and plus over 1% incomes.
that is based on TLS price hover around this level for year or two! [[ i think it will get this level few times within two years]

hope it helps to anyone already in this old dog like me!! tongue.gif

  Forum: By Share Code

early birds
Posted on: Aug 17 2020, 03:36 PM


Group: Member
Posts: 12,956

i know you are really HATE JPM Mick!! tongue.gif

at current market condition, i for one think TLS is good place to park cash. relatively safe, that's all i can say!!

at 3.07 it is close to the bottom than top imho!!

dyor as always!!

  Forum: By Share Code

early birds
Posted on: Aug 17 2020, 01:43 PM


Group: Member
Posts: 12,956

Telstra: JPMorgan downgrades to neutral, slashes price target
Robert Guy

JPMorgan has cut its rating on Telstra to neutral from overweight and slashed its price target on concerns about the "significant" structural challenges confronting the nation's largest telco.

The broker cut its price target to $3.40 a share from $4.10 a share as it highlighted the margin erosion in fixed broadband caused by the NBN, while competition and the impact of COVID-19 has squeezed international roaming revenues in its mobile division.


JPMorgan says Telstra's dividend yield is not "overly compelling". Steven Siewert

JPMorgan is forecasting a dividend of 13¢ a share for the 2021 financial year based on a 90 per cent payout of underlying net profit after tax.

At the current share price, the broker says its dividend forecast implies a yield of 4.2 per cent, which is "not overly compelling".

Telstra indicated that earnings before interest, tax, depreciation and amortisation would need to be between $7.5 billion and $8.5 billion to maintain its dividend of 16¢ a share.

The telco forecast underlying EBITDA of between $6.5 billion and $7 billion.

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

K1 already had this analysis two days before. if 13 cps ff divy. ----not too bad to park the cash at it's current price!!

  Forum: By Share Code

early birds
Posted on: Aug 17 2020, 10:06 AM


Group: Member
Posts: 12,956

asx200
keep eye on 6025 for the support. i will go long at 6050ish with index and stops at 6020, target 6100 today

otherwise there just too many goe-tensions out there!! be cautious with size!! IMHO

other markets [US AND EU] still bullish!!

  Forum: Macro Factors

early birds
Posted on: Aug 17 2020, 09:46 AM


Group: Member
Posts: 12,956

https://www.cnbc.com/2020/08/16/russia-offe...ration-yet.html

Lukashenko and Putin have spoken twice this weekend

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

reminds me Crimea!! looks like a chaos from other location!! need tin foiled hat!! weirdsmiley.gif




https://www.cnbc.com/2019/08/21/greece-tell...each-syria.html

U.S. authorities attempted to seize the tanker before it left Gibraltar Monday, claiming that it has links Iran’s Revolutionary Guard — an outfit that has been designated a terrorist organization by Washington.

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

  Forum: Off Topic Chat

early birds
Posted on: Aug 16 2020, 06:01 AM


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on the edge-------------------my poor english!! sadsmiley02.gif

asx200 ------if not much happen during weekend [hope is the case] then we should see some up side to 6150--6200 ish.

  Forum: Macro Factors

early birds
Posted on: Aug 15 2020, 08:19 PM


Group: Member
Posts: 12,956

i'm so scared at moment H.
i can see chinese commie is on the age to attack tawan if trumpies push little bit further
if that happens, then USA will sent warship try to protect tawan...then hot war breakout between US and CHINA...
not idea for all the market
but market seems don't think that way and keeps up and up.

i really do need you guys to help here, to figer it out what hell is happening?? unsure.gif

i guess i'm in a panic mode atm. that made me bit harsh !!



  Forum: Macro Factors

early birds
Posted on: Aug 15 2020, 04:43 PM


Group: Member
Posts: 12,956

so you reckon everything else is manipulated apart from DOW??? unsure.gif

i guess your god won't help you when you in the gagala H!! just saying!!

  Forum: Macro Factors

early birds
Posted on: Aug 14 2020, 03:34 PM


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https://www.sharecafe.com.au/2020/08/14/cap...ssy-amp-result/

Woohoo, investors loved the AMP’s loss-strewn June half-year report yesterday.

The reason? The decision to return of capital to shareholders by way of a special dividend from the sale of AMP Life and a $200 million share buyback (subject to stability in the market).

That return came despite a weak operating profit and a massive loss after write-downs. The shares bounced more than 10% to $1.53 in what looked like a relief rally but were really the greed gene kicking in.

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

hi smithy
as i don't follow AMP closely, i don't have much to yipy yapy about it.
everything happened so far, not many good for AMP it seems to me. but with it's current SP . it might hide some good values if it can keep it's the way they operating
it's still mucky for me as i can't get my little brain around it. wacko.gif

  Forum: By Share Code

early birds
Posted on: Aug 14 2020, 02:08 PM


Group: Member
Posts: 12,956

really appreciated your analysis K. i really do!

here is my thoughts

------------------
As such, if I demand a 5% yield on say 13 cents that's $2.60 I would be happy to get set at.Sure I will buy higher ... $2.95 without the Dividend ... and slowly as it goes down.
----------------------------------------------

the SP went down that low more than a year ago, so it is possible go down there again on TA terms .
how ever your 5% yield didn't include 30% franking credit on top of that, it is something a lot yield chaser really focus on it!

here is what other important reason that i think the SP unlikely to go that low.
most major CFD providers charges yearly interest around 2.6% currently, so if say one has $200k cash then who borrow 1mil to buy tls and yield of it not only can cover the interest and can gives some more income
of course , the risk is the SP keeps going down as some unforseen event happens otherwise , i expecting 3.20---3.25 before 25/aug [x--divy]
after x-divy it can go as low as 2.88,[lowest it can go] depending on market conditions.

reason i focus on this old dog is that i think it can gives relative safe sense than other stocks.

hope you guys gives more of info and thoughts to discussing!! tongue.gif

  Forum: By Share Code

early birds
Posted on: Aug 14 2020, 12:54 PM


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Posts: 12,956

https://www.afr.com/wealth/personal-finance...20200814-p55lny

A reasonable proposition might be to suggest that in the modern history of humanity, asset prices have never been more distorted or removed from fundamental assessments of fair value.

It should be now well understood that we have shifted quite radically from the freely functioning markets that characterised the proliferation of open democracies and capitalism in the period after the Second World War to a radical new regime.

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

i guess this article is take the words out of a lot of people's mouth, including me!!
what we can do??? we are no body!!!! sadsmiley02.gif

  Forum: Off Topic Chat

early birds
Posted on: Aug 14 2020, 11:00 AM


Group: Member
Posts: 12,956

since i'm the one whom ramping this old dog.. feel that i have some sorts responsibility to dig more info out as possible

========================
https://www.sharecafe.com.au/2020/08/14/tel...he-share-price/

The company will pay its final unchanged dividend of 8 cents a share to shareholders. That makes a steady 16 cents a share payout for 2019-20.

That didn’t impress investors who instead focused on forecasts for sharp falls in revenue and earnings for 2020-21.

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

to me ----it's bit hush to trade TLS this way at current uncertainty . but as old says ----market always right. or is it for this case?? unsure.gif

hope you guys come out gives more info and analysis please!!

  Forum: By Share Code

early birds
Posted on: Aug 14 2020, 10:40 AM


Group: Member
Posts: 12,956

lost direction for asx200
seems everyone is waiting for something...but there is nothing good to waiting for as i can see..

be cautious for longs today. imho

  Forum: Macro Factors

early birds
Posted on: Aug 14 2020, 10:10 AM


Group: Member
Posts: 12,956

https://www.afr.com/companies/financial-ser...20200811-p55krv

National Australia Bank is poised to sack hundreds of IT workers over the next month after costs at the bank continued to spiral upwards despite promising to shut down more than 100 projects earlier this year.



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

SP goes up... market love cost saving!!!
  Forum: By Share Code

early birds
Posted on: Aug 13 2020, 03:30 PM


Group: Member
Posts: 12,956

Telstra is still a yield play
Tony Boyd

Telstra looks like holding on to its position as a reliable dividend yield play despite a decidedly negative market response to its 2020 profit numbers.

Chief executive Andy Penn was not rewarded for issuing relatively positive 2021 profit guidance and nor was the market cheering the decision to slash the company's return on invested capital (ROIC) target from 10 per cent to "greater than 7 per cent".

But the dividend hunters who rely on public companies to fund their living expenses will be less concerned about the 6 per cent slump in the Telstra share price on Thursday.


Telstra's Andy Penn is one of the few CEOs giving profit guidance. David Rowe

Dividend hunters have had a horrible year, especially those who invested in managed funds which promised "reliable income" from backing higher-yielding companies with attractive levels of franking credits.

Most of these funds suffered capital losses and dividend cuts because they were loaded up on bank stocks, utilities and infrastructure companies. Some of the funds suffered negative returns in excess of 20 per cent in the year to June.
  Forum: By Share Code

early birds
Posted on: Aug 13 2020, 02:28 PM


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Posts: 12,956

if it's 12 ff cps next year, it still a good yield at 3.15ish with current interest rate will stay low for long time [over 2 years]

it is still a buy for me for investment . what else can we see value ??

dyor as always !!



  Forum: By Share Code

early birds
Posted on: Aug 13 2020, 10:38 AM


Group: Member
Posts: 12,956

asx200 still bullish
the downside might caused by single stock option expiry day today or rally for AUD . not so sure. unsure.gif

other najor market all bullish as ever!!

  Forum: Macro Factors

early birds
Posted on: Aug 13 2020, 10:23 AM


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Posts: 12,956

https://www.afr.com/companies/telecommunica...20200813-p55l7x

Telstra has reported a full year profit of $1.839 billion, down 14.4 per cent on the previous year but within the telco's guidance range.

Shareholders will receive a final fully franked dividend of 8¢ per share, bringing the total dividend payout for the year to 16¢ per share, fully franked.

Revenue for the year was down 6.1 per cent to $23.71 billion, while total income was down 5.9 per cent $26.16 billion. However, earning before interest, tax, depreciation and amortisation (EBITDA) was up 11.5 per cent to $8.91 billion. Free cash flow was up 31.5 per cent to $4.03 billion.

But the boost to earnings was largely thanks to an accounting change in the way rent expenses are reported. After taking that change into account, on a like-for-like basis EBITDA was down 0.3 per cent to $8.4 billion.

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

i really thought a lot of peoples working from home that helped telco sector as whole, how TLS been hit by virus is something that i didn't expect!! weirdsmiley.gif

bought few more now, just think about yield!!

  Forum: By Share Code

early birds
Posted on: Aug 12 2020, 09:58 AM


Group: Member
Posts: 12,956

https://www.afr.com/markets/commodities/lon...20200810-p55kc5

There are also rules that forbid trading with the goal of deliberately affecting the settlement. In 2008, Dutch firm Optiver was sanctioned by the CFTC for abusing the TAS mechanism and boasting about its exploits in emails. And in 2011, the agency introduced a rule prohibiting a practice known as “banging the close”, which it defines as trading heavily during the settlement period in one market to influence a larger position elsewhere.
======================================

bang on close?? for sure , just look at last 10 minutes trade CME can have clues . i guess they just don't want to do it!! grrr.gif

  Forum: Macro Factors

early birds
Posted on: Aug 12 2020, 09:28 AM


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Posts: 12,956

https://www.sharecafe.com.au/2020/08/12/cba...end-chopped-50/

That news should help lift CBA shares on Wednesday (they closed at $74.70 on Tuesday), despite a massive sell-off in gold on Wall Street overnight.

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

how much it can go up?? or Mr. market will " sell into news"?? unsure.gif

  Forum: By Share Code

early birds
Posted on: Aug 12 2020, 08:53 AM


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https://www.msn.com/en-au/money/other/uk-fi...-ft/ar-BB17PZP2

Britain risks a second wave of COVID-19 in the winter twice as large as the initial outbreak if it reopens schools full-time without improving its test-and-trace system, according to a study published last week.

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

  Forum: Off Topic Chat

early birds
Posted on: Aug 12 2020, 08:38 AM


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Posts: 12,956

https://www.cnbc.com/2020/08/11/joe-biden-v...ala-harris.html

Former Vice President Joe Biden has chosen Sen. Kamala Harris of California to join him on the Democratic ticket, fulfilling his pledge to select a female running mate and making Harris the first Black woman ever to appear on a major party ticket.

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

not sure how market sees this news?? market did reversal last night session, but not by much after 7 sessions run up!!
hope to hear what you guys thinking?? unsure.gif

  Forum: Off Topic Chat

early birds
Posted on: Aug 11 2020, 09:58 PM


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Posts: 12,956

i guess if this thingy been limited quickly the benefit of economy even greater! imho

i know you are a anti govt. anti mask ... anti a lot of things type , but world and society do need common sense do need basic law and odder to get it going
that is my thoughts. right or wrong ?? left to other to have a judgement!!

  Forum: Off Topic Chat

early birds
Posted on: Aug 11 2020, 09:04 PM


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https://au.yahoo.com/news/coronavirus-new-z...-093837070.html

Ms Ardern said Auckland would be placed under 'level three' restrictions from noon on Wednesday until midnight on Friday.

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

only one case but hit it with level3 restrictions...................holy..............
ohmy.gif

  Forum: Off Topic Chat

early birds
Posted on: Aug 11 2020, 06:02 PM


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Donald Trump has inaccurately claimed that the Spanish Flu pandemic of 1918 ended WWII – a conflict that did not begin until two decades later.

Speaking at a White House press briefing on Monday evening, the president also got the year the pandemic started wrong.

https://www.independent.co.uk/news/world/am...o-a9664171.html

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

i just want to cry for the peoples whom trusted him!! sadsmiley02.gif
why can't he just shut his mouth????

  Forum: Off Topic Chat

early birds
Posted on: Aug 11 2020, 01:50 PM


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asx200 looks so strong, sadly i don't have long position with index,
most of major market are bullish.
holding the position with eyes wide open!!

  Forum: Macro Factors

early birds
Posted on: Aug 10 2020, 02:21 PM


Group: Member
Posts: 12,956

took the profit at 6100. market still bullish atm
but not sure it can hit through the res????

  Forum: Macro Factors

early birds
Posted on: Aug 10 2020, 09:44 AM


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Posts: 12,956

not much happened through the weekend,
so asx200 will lean towards upside as it stayed above 5975 key level.
i prefer go long if the future opened under 6050. with tight stops as all most of commodities went down.

other major market still super bullish!!

  Forum: Macro Factors

early birds
Posted on: Aug 10 2020, 09:29 AM


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https://www.sharecafe.com.au/2020/08/05/inc...the-challenges/

The company did not provide formal guidance but has outlined a new cost reduction plan in response to the pandemic, with savings of -$60m to be delivered incrementally over FY20-22. Yet details are limited on specific sources of benefit and, as end markets remain difficult, Morgan Stanley is one broker that remains to be convinced whether this will impact the bottom line.

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

cost saving of 60mil ---it is good for biz but what about safety?? unsure.gif

  Forum: By Share Code

early birds
Posted on: Aug 7 2020, 10:10 AM


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https://www.cnbc.com/2020/08/06/sanders-bil...zuckerberg.html


Amazon CEO Jeff Bezos would pay a one-time wealth tax of $42.8 billion.
Tesla and SpaceX CEO Elon Musk would pay a one-time wealth tax of $27.5 billion.
Facebook CEO Mark Zuckerberg would pay a one-time wealth tax of $22.8 billion.
The Walton family would pay a one-time wealth tax of $12.9 billion.

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

ohmy.gif , it makes chinese commie looked like kind garden kid!!!! nothing is impossible in this world!!!

  Forum: Off Topic Chat

early birds
Posted on: Aug 7 2020, 09:23 AM


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Posts: 12,956

it's Friday
asx200 still stuck in the trading range as other major market keeps up and up [[esp US market, EU market]

my take for the today is lean towards up side if asx200 future opens at 6025ish, kinda think of range between 6050---6085 for cash market imho!!

don't have confident though. as too many uncertainty through the weekend.

long singapore market might be the way to go??? unsure.gif

  Forum: Macro Factors

early birds
Posted on: Aug 7 2020, 04:12 AM


Group: Member
Posts: 12,956

It’s been a soggy two-months for the ASX200. After what was a sharp-recovery out of bear-market territory between March and June, the index has broadly traded sideways, as market participants tackle a soft macroeconomic backdrop, and growing concerns about the COVID-19 pandemic.

After initial success in suppressing the coronavirus, recent outbreaks in Victoria, and fears of potential outbreaks in other states, has cast doubt over Australia’s economic recovery, and the earnings outlook for ASX-listed companies.

The dynamic has set-up a high-impact, and highly uncertain reporting period for the ASX. A dive in earnings growth is tipped, with current estimates suggesting a contraction in EPS for the financial year in the realms of 15-20 per cent, which will be coupled with a marked reduction in dividends

On top of that, the future isn’t necessarily looking particularly clear, either. Corporates have provided little guidance up to this point about future earnings, with the lack of clarity feeding into what remains an underwhelming outlook for corporate profits.

Such low expectations for this reporting period, along with heightening uncertainty about the future, is keeping the buyers to the sidelines, as market participants await stronger and more definitive signals about market fundamentals.

As a result, technically speaking, the ASX200 looks to be in consolidation mode. The RSI is neutral with a reading only just above 50. The MACD is revealing momentum is neither skewed to the upside nor downside. And the 20, 50 and 200-day EMA’s are converging, with price only marginally above all three averages.

Given this backdrop, the logic of trading the ASX200 in this earnings season is simple: better earnings and sharper forward guidance ought to stoke upside in the index, while the opposite ought to weigh the risks to the downside.

The top and the bottom of the ASX200’s recent range become the most-significant levels to watch this reporting period. The top of the range and price-resistance sits at around 6220 currently, while the bottom of the range sits at around 5630.

A break above or below would send a clear signal about the market’s directional bias. A topside break would open-up potentially significant upside, with the next level of resistance to be found around 6530. A downside break would open-up a sell-off towards the 5500-level.

Overall, with price consolidating, and the index remaining in a broader uptrend, the risks for the ASX200 look to be skewed slightly to the upside. However, downside risks ought to be carefully considered and managed, given the particular uncertainty surrounding this earnings season.

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

DYOR as always.

  Forum: Investment Discussion

early birds
Posted on: Aug 6 2020, 09:44 AM


Group: Member
Posts: 12,956

expecting asx200 to do little better than what index future showing right now [before the cash market opens]
but i don't held high hopes, as US will have some data tonight.
not much to trade about it , might look at oil sector today if it opens the level similar [little higher] than yesterday's closing price.

can't see much , as other major market all had bullish session last night!!

  Forum: Macro Factors

early birds
Posted on: Aug 5 2020, 10:44 AM


Group: Member
Posts: 12,956

Victoria cases expected to set new record
The ABC is reporting that Victoria will have 725 new cases, which would be a new record high following the 723 cases last Thursday.


Queensland sees one new COVID-19 case
Mark Ludlow

Queensland has recorded one new cases of coronavirus overnight.

The new case is a 68-year-old women from Ipswich.

Queensland Chief Health Officer Jeannette Young said authorities were trying to work out how the Ipswich women had contracted the virus.

There are 11 active cases and a total of 1088 confirmed cases in Queensland.

There have been 85,000 tests conducted in Queensland in the past week

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

sadsmiley02.gif
  Forum: Off Topic Chat

early birds
Posted on: Aug 5 2020, 10:42 AM


Group: Member
Posts: 12,956

been watch this stock from time to time, think it has some kinda "defensive" nature.

haven't torch it yet, as my hands are tight atm.

hope you can dig it out more thing to feed us!! thanks! smile.gif

  Forum: By Share Code

early birds
Posted on: Aug 5 2020, 08:45 AM


Group: Member
Posts: 12,956

still not sure where ASX200 go this session.

but aussie still has surplus ....... that should be good for aussie market!! unsure.gif

other major market still doing good on the upside!!

  Forum: Macro Factors

early birds
Posted on: Aug 5 2020, 08:41 AM


Group: Member
Posts: 12,956

Telstra enters agreement to sell Clayton data centre
Wednesday 5 August – Telstra today announced it had entered an agreement to sell its data centre
complex in Clayton, Victoria, to Centuria Industrial REIT for $416.7 million.
The sale includes a triple-net lease-back arrangement which means Telstra will retain ownership of all IT
and telecommunications equipment, as well as ongoing operations and responsibility for building
upgrades and repairs, future capex requirements and security. The sale has no impact for Telstra
customers.
The lease is for an initial period of 30 years with two 10-year options for Telstra to extend the lease.
Telstra CEO Andrew Penn said the sale was another marker of progress on the company’s T22 strategy.
“As part of T22, we have an ambition to monetise up to $2 billion worth of assets to strengthen our
balance sheet. This deal means we have now reached over $1.5 billion,” Mr Penn said.
“Data centres are an incredibly important part of the digital ecosystem and we continue to own and
operate world-leading facilities in Australia and overseas."
The 3.2 hectare complex is just 25km from the Melbourne CBD, and incorporates 10 buildings, including
Telstra's newest 6.1MW data centre and its adjacent 6.6MW data centre and associated energy centre.
The transaction is expected to be completed by the end of August. The transaction will generate $416.7
million in proceeds. Due to the long tenure of the lease-back, the transaction will not be treated as a sale
under accounting standards, therefore no accounting gain will arise.

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

looks stable operation .....
  Forum: By Share Code

early birds
Posted on: Aug 4 2020, 11:18 AM


Group: Member
Posts: 12,956

i'm scratch my head ---try to find prop reason
other than central banks printing money day and night, i can't see anything else!! unsure.gif

as you guys knew that i'm not fan of gold and silver.....but even me start to think that might be the way to hedge the risk at current situation!!

so sad for my self for the everyday little people to see the world in chaos......... sadsmiley02.gif

  Forum: Macro Factors

early birds
Posted on: Aug 4 2020, 09:59 AM


Group: Member
Posts: 12,956

rallied back above 5925, on back of oversea's bullishness .....
asx200 is in no man's land.

market still looked bullish as whole. i guess have to stay on and keep eye on it!!

  Forum: Macro Factors

early birds
Posted on: Aug 3 2020, 10:03 AM


Group: Member
Posts: 12,956

https://www.sharecafe.com.au/2020/07/31/wou...age-your-money/

Next time you get an email in your inbox from Hot Copper (HC) advertising a particular ASX-listed company, it might pay to see whether this particular company has had a capital raising recently, because chances are that HC may have an equity position in that listed company. So, while all the recent marketing hype has been around HC’s change in name to The Market Herald and its Canadian acquisition, it’s the size of the company’s share portfolio that has changed the nature of HC’s business model.

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

blush.gif


not sure where to put this , so i put it here!!

  Forum: Off Topic Chat

early birds
Posted on: Aug 3 2020, 09:56 AM


Group: Member
Posts: 12,956

morning guys
asx200 is below short term support level----firmly. down side target is 59725ish for shorter term. i can't see much further as too many uncertain geo--political risk ahead of us.

saw FITCH downgrade US bedt to "unstable"......they might saw the risk has increased for USA --CHINA confrontation will leads to something bad happens.

so far. major market ---US and EU market still in technical bullish trend.

hope you guys can help here with more ideas how investing or trading??? thanks in advance from me!! tongue.gif

  Forum: Macro Factors

early birds
Posted on: Jul 31 2020, 10:17 AM


Group: Member
Posts: 12,956

asx200
my long index has been stopped out last night session.
for the medium stock holder ----here comes yellow lights flashing moment . 5960 is the last level the longs try hold for intra-day. hit there one should be discipline, GET OUT! no matter it's false break down or not!!

other major market still in the bull trend. despite the selling last night session.

  Forum: Macro Factors

early birds
Posted on: Jul 30 2020, 10:33 PM


Group: Member
Posts: 12,956

https://www.afr.com/rear-window/hotcopper-l...20200730-p55gzm


development that would normally prompt all sorts of chatter on its forums, Ernst & Young has resigned as the auditor of sharemarket forum HotCopper, shortly before the release of its full-year accounts.

The ASX-listed company, now known as The Market Herald, offered no explanation for the decision effective July 30, other than to say its new auditors will be RSM Australia going forward.

========================
unsure.gif
  Forum: Off Topic Chat

early birds
Posted on: Jul 30 2020, 10:00 AM


Group: Member
Posts: 12,956

markets all of sudden went really quiet . only see some early zip zap action as month end option position adjust.

asx200 as long as 5975 holds bullish trend still alive,

so as other major markets. if long then stay long. but keep eye on the level to pull the trigger for stops.

  Forum: Macro Factors

early birds
Posted on: Jul 29 2020, 08:46 AM


Group: Member
Posts: 12,956

asx200----again 6000
keep eye on 5975, to me breach that level stops should be triggered
but if one have little bit longer term [few months to a year] might adjust to 5965 intra-day these level give away then down side target 5888---5900 within month or just less than a week.
little longer term----target 5700ish. can't see any further from me. above it's all pure TA studies.

in other major market all still in bull trend [ long and short terms]
my thoughts still is long EU market!!

  Forum: Macro Factors

early birds
Posted on: Jul 28 2020, 02:15 PM


Group: Member
Posts: 12,956

https://www.afr.com/politics/federal/trump-...20200727-p55g0e

Six arrested at BLM rally, police defend crackdown
NSW police say they shut down the Black Lives Matter rally in Sydney to protect the public.

Assistant Commissioner Rick Willing said six people were arrested at the rally, which has abandoned after police followed through on a warning they would enforce bans on large public gatherings because of the pandemic. Five people were issued $1000 infringement notices.

"We are not anti-protest, just don't do it in the middle of a pandemic," Commissioner Willing told reporters.

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

glad to see things solved relatively peaceful!! smile.gif

  Forum: Off Topic Chat

early birds
Posted on: Jul 28 2020, 09:54 AM


Group: Member
Posts: 12,956

asx200 holds above support yesterday, and future up a little bit on the back of up day from US MARKET LAST NIGHT.
so longs still can hold their positions.

SPX looks performed well , that first target of 3310 still in tact and further up is 3700ish. can't see any further from me!!

if one wants to bet on the long side, my thoughts would be EU market!! imho

  Forum: Macro Factors

early birds
Posted on: Jul 28 2020, 09:42 AM


Group: Member
Posts: 12,956

https://www.msn.com/en-au/news/australia/ne...ues/ar-BB17fDJF

shity whether , cops everywhere, hope these things can make these BLM activists think twice .
love living in peaceful world. a lot of everyday peoples like me think that way i guess!! sadsmiley02.gif


  Forum: Off Topic Chat

early birds
Posted on: Jul 27 2020, 09:39 AM


Group: Member
Posts: 12,956

after weekend there are no major events happening around "hot spot"

but sellers seems king to sell asx200 --------- keep eye on 5975ish if 5965 been touched intra--day then that is the last level for the longs to abandoned ship. imho
it's TA base. i'm kinda have no confident for the FA at moment----it's all out of my "book" as i learnt before!! sadsmiley02.gif

all i can see is a lot of head wings for the market. but market still in the bullish trend!!

  Forum: Macro Factors

early birds
Posted on: Jul 24 2020, 03:42 PM


Group: Member
Posts: 12,956

https://www.cnbc.com/2020/07/24/china-order...in-chengdu.html

keeps going!! things will getting worse i guess!! weirdsmiley.gif

market got head wings!!
  Forum: Investment Discussion

early birds
Posted on: Jul 24 2020, 10:31 AM


Group: Member
Posts: 12,956

https://www.msn.com/en-au/news/australia/su...lly/ar-BB176k4l

freedom, democracy......... alright, but i don't think affecting other people's health , and country's economy is the right thing to do.
the guy mentioned " mistake of ruby princess" but why they want to make similar mistake again????
may be i'm getting old ----like to living in piece............i don't know!! sadsmiley02.gif

  Forum: Off Topic Chat

early birds
Posted on: Jul 24 2020, 09:18 AM


Group: Member
Posts: 12,956

morning peoples


Friday again , the geo--tention flare up again.
https://www.cnbc.com/2020/07/23/pompeo-in-f...nal-abuses.html

keep eye on asx200 at 5975 level , breach that today, reduce holding imho!!

EU and US market still well in the bull trend. so as other major market. but sentiment turning to cautious side.
my take is "better safe than sorry" !! ohmy.gif

what you guys think??

  Forum: Macro Factors

early birds
Posted on: Jul 23 2020, 10:09 AM


Group: Member
Posts: 12,956

https://www.cnbc.com/2020/07/22/us-orders-c...ston-texas.html

The State Department confirmed on Wednesday the U.S. has ordered China to close its consulate in Houston, prompting Beijing to insist on firm countermeasures unless Washington immediately reverses its decision.

The move is an escalation of political tensions between the world’s two largest economies.

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

just you think of things might settle down a little bit, here it comes!! cool.gif

i was wondering why all of sudden asx200 future drops with other major market last evening then i fond this.
but SPX still finished up and so as EU market. on TA base market still in bullish trend that includes asx200.

but not sure how market gonna trade this??? unsure.gif
not sure Mr. market can pass this news??

  Forum: Macro Factors

early birds
Posted on: Jul 22 2020, 12:45 PM


Group: Member
Posts: 12,956

https://www.msn.com/en-au/news/australia/ma...ers/ar-BB171G3E

New South Wales has recorded 16 new cases of COVID-19 in the past 24 hours.


Three cases associated with the Crossroads Hotel cluster
Eleven cases associated with the Thai Rock restaurant cluster
One case is a man from Western Sydney who is a close contact of a previously positive case
One is a traveller in hotel quarantine

The next four weeks are the most critical for NSW since the coronavirus lockdown, Ms Berejiklian warned.

The Premier said officials had "a level of anxiety" about the chance of widespread community transmission in the state if rules are not followed

This is the most critical time for our state. If we main to get on top of the community transmission at this stage, we have a much better chance of continuing the move forward in a positive way, but the next few weeks are critical," Ms Berejiklian said

===========================
nervous , spewing, hopeless!! that is how i feel!! sadsmiley02.gif
  Forum: Off Topic Chat

early birds
Posted on: Jul 22 2020, 11:14 AM


Group: Member
Posts: 12,956

wish you have more luck Mick.
i said long before [since GFC] i'm not focus on this sectors anymore. just try to translate something send to me by a fiend of mine whom worked at wall st for over 30 years. he seems king on this sector
not blame you guys does that as USA try to lead westen world to corner China, the physical war possibility is increased big time and money printing by all central banks are on the brink of our control
i focus on the other things like oil digital currencies and few other things .
hope you have good reward on this things!!

  Forum: Macro Factors

early birds
Posted on: Jul 22 2020, 10:21 AM


Group: Member
Posts: 12,956

http://finance.sina.com.cn/roll/2020-07-22...=none&tr=12

白银受益于工业品板块强势和海外通货膨胀预期,预计能继续获得比黄金更强的市场表现。需要注意的是,一旦海外通胀预期回落,白银将会跑输黄金。

================
silver benefit from industrial use and expectation off oversea's inflation. expecting better than gold performance . but need to be cautious if the expectation of inflation going down then silver might underperform the gold!!

hope it can help Mick!!

  Forum: Macro Factors

early birds
Posted on: Jul 22 2020, 09:55 AM


Group: Member
Posts: 12,956

everything is possible nipper
i can't see that far atm . still long bias today , within month or two. asx200 target 6400---6500.

market is bullish on all TA base.

  Forum: Macro Factors

early birds
Posted on: Jul 21 2020, 09:51 AM


Group: Member
Posts: 12,956

https://www.cnbc.com/2020/07/20/oxford-univ...arly-trial.html

A potential coronavirus vaccine developed by Oxford University with pharmaceutical giant AstraZeneca has produced a promising immune response in a large, early-stage human trial, according to newly released data published Monday in the medical journal The Lancet.

=============
another day another shot in arm for the market!!
for asx200---- keep eye on 6075 go through there the longs will go higher, it might carry asx200 into another bull run as Scotmo govt. gives second jobkeeper money will into next year....
reckon market will be the long bias for all day today!! imho

  Forum: Macro Factors

early birds
Posted on: Jul 20 2020, 09:49 PM


Group: Member
Posts: 12,956

trump think it will disappear itself !! he still think it will these days. but the case in USA just made record after record.
can't count on the miracle with this virus , i reckon aussies still have chance to kill it like NZ did now not too late to act!! just freaking painful to be in the lockdown again.a

apart frpm NZ we did better than any other nation on the planet . if we can get rid of it , our economy will do a lot better and won't living in the fear and so on...

to be honest ---really hate to be lockdown again, but what else we can do Mick?? don't think we can ignore it as it so freaking contagious.... not sure where to turn..... sadsmiley02.gif

  Forum: Off Topic Chat

early birds
Posted on: Jul 20 2020, 08:13 PM


Group: Member
Posts: 12,956

https://www.afr.com/property/residential/re...20200720-p55dl2

During the past three months, rents in Sydney's inner suburb Haymarket fell 7.2 per cent, the largest decline across Australia. This translated to a loss of around $54 each week or $2800 over the year for landlords.

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

if goes down with same rate for another three months , then there is a alarm to be heard . other wise everything will be fine as usual i guess!!

  Forum: Investment Discussion

early birds
Posted on: Jul 20 2020, 06:51 PM


Group: Member
Posts: 12,956

https://www.msn.com/en-au/news/other/corona...ons/ar-BB16XbNV

holly.....cr....

seems NSW gonna lockdown soon !! weirdsmiley.gif faaaaaaaaaaaaaaaaaaak weirdsmiley.gif

  Forum: Off Topic Chat

early birds
Posted on: Jul 20 2020, 01:13 PM


Group: Member
Posts: 12,956

yeah nipper
seems most of marketers like to set their stake at 6000 ----the round number.
all the options , warrants likely attach to 6000 since it been hit countless time by now.

slightly long bias at 6000 level for today's scalping trade.

  Forum: Macro Factors

early birds
Posted on: Jul 20 2020, 11:18 AM


Group: Member
Posts: 12,956

seems sellers won't let asx200 up. keep it within the trading range [ 5985----6100ish]
if long asx200 then set stops at 5975 intraday . if short then set stops 6075. for this whole week. it's just for pure TA base.

they had SPX upside target 3310 and under 3150 will trigger selling.

only DAX looks really bullish..

  Forum: Macro Factors

early birds
Posted on: Jul 20 2020, 09:00 AM


Group: Member
Posts: 12,956

https://www.msn.com/en-au/news/coronavirus/...les/ar-BB16VDlh

New South Wales Health confirmed six new cases of COVID-19 had been linked to the club after a father and son dined at the bistro while infectious on July 13.

Authorities are still in the process of contact tracing and speaking with all staff and patrons who attended the venue between 7pm and 9.30pm last Monday.

They have urged anyone who visited the venue on Monday July 13, and between Wednesday July 15 and Friday July 17, to self isolate for 14 days.


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

when whether getting colder , this virus seems really active and contagious , so afraid of NSW heading to lockdown again!! sadsmiley02.gif

  Forum: Off Topic Chat

early birds
Posted on: Jul 19 2020, 05:33 PM


Group: Member
Posts: 12,956

https://www.msn.com/en-au/news/other/china-...ver/ar-BB16Vci3

Floods are occurring at the same time at the Yantze River, Huai River and Tai Lake...The flood prevention situation is very severe," the water resources ministry said. Water levels in the region were likely to exceed the maximum level that reservoirs can withstand, the ministry added.

At Lake Tai, on the border of the wealthy coastal provinces of Jiangsu and Zhejiang, water levels have already risen above the safety guaranteed level, according to government data.

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

lake Tai is at little city called Shuzho near by shanghai. the lake had many fresh water fishs and most famous ------golden hair fresh water crabs
when the flood recedes one can pick some on the road i guess. it is really expensive taka now.

seems mother nature not really kind to them this year of the rats ..................



  Forum: Investment Discussion

early birds
Posted on: Jul 19 2020, 01:24 PM


Group: Member
Posts: 12,956

https://www.afr.com/policy/health-and-educa...20200717-p55cyy

A reconstruction of life in Wuhan has demonstrated the covert power of COVID-19, estimating up to 87 per cent of cases may have gone undetected in the early months because so few had obvious symptoms.

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

  Forum: Off Topic Chat

early birds
Posted on: Jul 19 2020, 01:17 PM


Group: Member
Posts: 12,956

https://www.msn.com/en-au/news/australia/ns...ria/ar-BB16UHkL

Health authorities are warning the risk of coronavirus transmission is much higher in New South Wales than in Victoria.

The reproduction rate sits at 1 in Victoria but in NSW it has reached 1.4.

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

still think NSW manage virus better than Vic.........
see how NSW goes next few days!! unsure.gif hope it can control this thingy !!

  Forum: Off Topic Chat

early birds
Posted on: Jul 17 2020, 10:11 AM


Group: Member
Posts: 12,956

suppose a weak session as it's Friday at uncertain times
but seems all the selling has been done yesterday [ stopped out my long bet at 6065].
i'm gonna sit on fence today. because a huge sell off at chinese and hk market. and i can't find any one particular reasons behind it
afraid of something i don't know!!

SPX did well last night session so as EU market. still long bias !!

  Forum: Macro Factors

early birds
Posted on: Jul 16 2020, 01:20 PM


Group: Member
Posts: 12,956

https://www.afr.com/work-and-careers/workpl...20200715-p55c7n

Of the 10 new cases, six attended the hotel, two were close contacts and two were cases who attended Planet Fitness, a nearby gym where authorities are calling anyone who attended from July 4 to July 10 to self-isolate. The cluster now includes two "tertiary" cases, or contacts of contacts.

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

make a lot of us nerves !! weirdsmiley.gif

  Forum: Off Topic Chat

early birds
Posted on: Jul 16 2020, 09:37 AM


Group: Member
Posts: 12,956

https://www.afr.com/companies/financial-ser...20200714-p55byv

He also proposed clarifying tax rules for local fund managers managing foreign assets to ensure they do not pay domestic tax.

More than 1000 international businesses have their regional headquarters in Hong Kong and the government believes many of these firms are looking to relocate.

Hong Kong's financial sector employs more than 260,000 people.

===========================
hope Scotmo's Govt take this opportunity , i reckon Sydney will be the best place for that!! smile.gif

  Forum: Off Topic Chat

early birds
Posted on: Jul 16 2020, 09:22 AM


Group: Member
Posts: 12,956

still target 6125ish for asx200 today

seems it will start at 6075---6100. so buy it close to 6075 with 15 points stops for set of long trade is my plan.

market around other major market are still in strong bull trend --esp EU market.

  Forum: Macro Factors

early birds
Posted on: Jul 15 2020, 03:48 PM


Group: Member
Posts: 12,956

asx200 looks really bullish with 60 minutes chart .

next target is 6125ish ..

  Forum: Macro Factors

early birds
Posted on: Jul 15 2020, 09:50 AM


Group: Member
Posts: 12,956

https://www.msn.com/en-au/money/companies/t...ory/ar-BB16JRzC

A central Texas county that includes Austin on Tuesday approved a plan to provide millions in tax subsidies to Tesla Inc if it builds a $1.1 billion vehicle factory in their community.
A majority of commissioners in Travis County voted in favor of providing the electric carmaker with a tax rebate worth at least $14.7 million. One commissioner abstained after asking for a week's delay.

=====================
seems people's that in the know, bet on it before!! unsure.gif
but it still can't match this valuation. just too many shorts on the stocks that made perfect "short squeeze" for the SP i guess!!

  Forum: Investment Discussion

early birds
Posted on: Jul 15 2020, 09:40 AM


Group: Member
Posts: 12,956

What is the market expecting out of this earnings season?
This US reporting season is perhaps the most significant in over a decade. After the outbreak of the Covid-19 in the US in February, this quarter’s results will encompass the heaviest impacts of the economic lockdowns and recession, and takes place at a time where the US economy remains in the midst of a worsening of the health crisis. Market participants are resigned to the fact earnings this quarter will be poor. But the hope remains that the deepest economic and financial impacts of the crisis have passed, with the earnings and macroeconomic outlook to trough and improve from here.

What will be the impact of Covid-19 on company profits?
It’s expected to be a reasonbly dismal reporting period for S&P500 companies. Consensus estimates suggest that earnings growth across the index ought to contract by approximately 44%, as the full impact of the Covid-19 health crisis and economic lockdowns begin to manifest in corporate profits. The biggest hit to earnings is expected to be sustained by cyclical sectors within the S&P500. Earnings growth is tipped to contract by almost -90% across the industrial sector; while the financial sector is tipped to record an earnings contraction of around -50%.


What shape will the recovery take?
The core concern in this reporting season is how the Covid-19 health crisis and subsequent recession has impacted corporate profits. Though the results for Q2 will be significant, especially if companies undershoot expectations on aggregate, the most important detail for market participants within that will be the earnings guidance. Analysts estimate Q2 will be the trough in earnings growth, with the outlook for earnings expected to improve gradually in the coming quarters. Market participants will be scrutinizing company results for what shape the earnings and economic recovery in the US may take, especially given the new risks of “second-peak” in Covid-19 infections.

Can the earnings justify the market’s rich valuations?
Secondary to earnings and the earnings outlook itself, a significant theme this US reporting period will be whether company fundamentals justify the high prices and rich valuations across the US stock market. The S&P500’s forward price-to-earnings ration, though somewhat off recent peaks, remains elevated at multi-decade highs. Although this dynamic can be explained away as a chase for yield, supported by central bank largesse, price action, and volatility for the S&P500 this reporting season will be driven by the matter of whether company fundamentals can begin to reflect lofty stock prices.

How could this earnings season impact the financial markets?
The S&P500 has been at the centre of the financial universe in recent months, as market sentiment has improved, and market participants position for a recovery in the global economy. It’s been a binary environment for markets lately, with the S&P500 leading the risk-off/risk-on dynamic that’s underpinned recent price-action. Lately in global markets, and especially the S&P500, has broadly remained rangebound, and seemingly in a pattern of consolidation. Technical indicators point to a market poised to break-out to the upside in the short-to-medium term. But this outcome relies heavily on US corporates delivering an upbeat message about future growth conditions and earnings.

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

DYOR as always!!
  Forum: Investment Discussion

early birds
Posted on: Jul 15 2020, 09:10 AM


Group: Member
Posts: 12,956

https://www.afr.com/policy/health-and-educa...20200714-p55bxu

NSW is on high alert with Sydneysiders nervous the new cluster, at the Crossroads Hotel in Casula, may lead to a Victorian-type situation. So far 30 people have tested positive, with one case linked overnight to a nearby aged-care facility.

“I hope this nervousness means they start doing more social distancing and staying at home more, even if they are not sick,” Professor Gilbert said.

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

in front of this virus peoples acting differently . hope NSW can bring this under control in matter of days, so we don't have to face lockdown again!!

  Forum: Off Topic Chat

early birds
Posted on: Jul 15 2020, 08:58 AM


Group: Member
Posts: 12,956

morning nipper and morning others

https://www.cnbc.com/2020/07/14/stock-marke...close-news.html

Stock futures climbed higher in overnight trading on Tuesday after Moderna said its coronavirus vaccine produced antibodies in all patients in an early trial, raising hope for a faster economic recovery.

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

that is the real reason got market jumped up, now asx200 is closed above 5925, and today seems it will open at 6000ish, think of with this " exiting" news our market might have further to rise to somewhere
6025---6050ish or more. long bias for DT or short term trade today i guess!!

but we do see a big wright down with WPL that might reminds people that market still facing a lot of head win!!

  Forum: Macro Factors

early birds
Posted on: Jul 14 2020, 07:58 PM


Group: Member
Posts: 12,956

it was more than a week old story. that sagga head took a lot of young kids life.
to me ....no matter what reason is, you are never harm the kids. sadsmiley02.gif

saw flooding everywhere and seems really affecting peoples daily life there.

  Forum: Investment Discussion

early birds
Posted on: Jul 14 2020, 10:05 AM


Group: Member
Posts: 12,956

i'm in for a DT with asx200 5926 targeted 2953--2955 will closae it before end the day [ no matter win or lose]

can't see anything clear at moment.

  Forum: Macro Factors

early birds
Posted on: Jul 14 2020, 09:16 AM


Group: Member
Posts: 12,956

asx200 backs below the support 5925. just !!
as SPX dived with Daq last night, that dragged our market future down with it.

for day trader or really short term traders , today might have a long bias . just a hint. not very convincing .
i might have little bet on the upside for asx200 , if it opens at 5925 ish.. unsure.gif

any thoughts guys??

  Forum: Macro Factors

early birds
Posted on: Jul 13 2020, 10:25 PM


Group: Member
Posts: 12,956

i had same thoughts as you back to march, so i didn't buy any extra by then, the results of that is i nearly run out of the " crap paper" .
don't like to have that kinda "shit" again!! it's not that i want to buy them, it is i have been forced by other unreasonable peoples.
anyway , i hope NSW will come through with this little outbreak ------scary as i don't like back to "lockdown" again!! it's freaking uncomfortable !! weirdsmiley.gif

i kinda keep close eye on this thing everyday.

  Forum: Off Topic Chat

early birds
Posted on: Jul 13 2020, 05:39 PM


Group: Member
Posts: 12,956

There are 10 cases linked to the hotel and 11 cases linked to these cases:

A Sydney teenager who worked at the hotel including on July 3
A Sydney woman in her 40s who had dinner at the hotel on July 3
A Sydney man in his 40s who had dinner at the hotel on July 3
A Victorian man in his 20s had dinner at the hotel on July 3
A Sydney man in his 20s who had dinner at the hotel on July 3
A Sydney woman in her 30s who had dinner at the hotel on July 3
A Blue Mountains man in his 50s who had dinner at the hotel on July 3
A Sydney man in his 40s who had dinner at the hotel on July 3
A Sydney woman in her 20s who was at the hotel on July 3
A man in his 30s who had dinner on July 3

NSW Chief Health Officer Kerry Chant said seven new cases had been identified this morning, but two of those people acquired their infections in Victoria and both self-isolated on returning to NSW.

"ou can see that when we have some cases that were contacts of contacts of cases, you can see how rapidly Covid-19 can spread, if we do not at promptly," she said.

https://www.afr.com/politics/federal/nsw-on...20200713-p55bfs

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

wooogeee mama!!! wacko.gif
  Forum: Off Topic Chat

early birds
Posted on: Jul 13 2020, 09:56 AM


Group: Member
Posts: 12,956

asx200

a "false broken of support 5925" last Friday , shake out weak longs then running back to 6000 the key level into earning season.
not gonna take any position for index today, see what's going on late.

SPX as bullish as ever going into US earning season. seems 3310 target for SPX is on track at this stage.

  Forum: Macro Factors

early birds
Posted on: Jul 13 2020, 09:41 AM


Group: Member
Posts: 12,956

https://www.sharecafe.com.au/2020/07/13/chi...key-gdp-number/

Ahead of key trade and GDP data this week, we saw a small rise in car sales in June for the second month in a row, moderate consumer inflation, strong bank lending, and producer price deflation, although at a slightly easier level.

---
Sales by Chinese brands fell 11.6% in June from a year ago to 590,000 units. Their market share shrank 5 percentage points from the same time a year ago to 33.5%.

=================
seems which date that compare to is the key....and China economy still in bad shape compare to last year. that is what i'm thinking, if everyone else doing badly around world how China gonna doing good?? unsure.gif

net sure how market gonna reacting when their GDP figure come out!! unsure.gif

  Forum: Investment Discussion

early birds
Posted on: Jul 13 2020, 09:17 AM


Group: Member
Posts: 12,956

https://www.sharecafe.com.au/2020/07/13/ope...-ease-oil-cuts/

OPEC, specifically Saudi Arabia has blinked on global oil production curbs.

Confidence in the current level of global oil prices will take hit from reports that Saudi Arabia wants to slash the 9.7 million barrels a day production cut due to expire at the end of the month.

Media reports at the weekend said the OPEC + group, which includes Russia and several smaller producers will be asked to approve a Saudi move to trim the 9.7 million barrel reduction by 2 million barrels a day, to apply from August 1.

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

the big swings already over , not sure at what level people can bet on oil again???? unsure.gif sadsmiley02.gif

  Forum: Macro Factors

early birds
Posted on: Jul 12 2020, 08:31 PM


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Posts: 12,956

https://www.afr.com/politics/nsw-at-crossro...20200712-p55bau

NSW is urgently tracking 600 people linked to a growing coronavirus outbreak at a south-west Sydney pub as Premier Gladys Berejiklian warns the state is on high alert to avoid a deadly second wave of COVID-19.
============

like many NSW peoples i'm getting nerves
really hate to see NSW get second wave, can't help myself bought few extra things that including "crap paper". no freaking laugh matter !! sadsmiley02.gif

  Forum: Off Topic Chat

early birds
Posted on: Jul 12 2020, 08:23 PM


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Posts: 12,956

https://www.sharecafe.com.au/2020/07/10/pri...-not-headlines/


Basis this and parabolic nature of many stocks, the inherent risk has built to be sufficiently high that a significant cash or short position is warranted. Add to this, the number of economically sensitive stocks that are testing support or breaking lower is noticeably increasing as well. Everything from IAG to BSL to Lend Lease to Transurban to Challenger all look troublesome. I know that when I find a lack of value and technically attractive setups, it is a time to be concerned.

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

not agreeing all the things he says, but dose think he made some good points

be cautious is right thing to do i guess!!

  Forum: Investment Discussion

early birds
Posted on: Jul 10 2020, 03:22 PM


Group: Member
Posts: 12,956

40 minutes to go and asx200 start to tank towards 5925 at cash market. dosen't look good for the long trade atm.

be nimble guys!!

  Forum: Macro Factors

early birds
Posted on: Jul 10 2020, 11:50 AM


Group: Member
Posts: 12,956

https://www.cnbc.com/2020/07/09/airborne-tr...t-who-says.html


The World Health Organization published new guidance Thursday, saying it can’t rule out the possibility that the coronavirus can be transmitted through air particles in closed spaces indoors, including in gyms and restaurants.

The WHO previously acknowledged that the virus may become airborne in certain environments, such as during “medical procedures that generate aerosols.” The new guidance recognizes some research that suggests the virus may be able to spread through particles in the air in “indoor crowded spaces.” It cited “choir practice, in restaurants or in fitness classes” as possible areas of airborne transmission.

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

after many moon months ------------it's airborne !! weirdsmiley.gif

  Forum: Off Topic Chat

early birds
Posted on: Jul 10 2020, 11:20 AM


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Posts: 12,956

2--3 cents away from my short term target for TLS , i guess with current market condition even fundies like bet on this old dog

for investor...... i reckon medium term [a year or so] 3.75----3.80, would be reasonable target. if it can over come that level with bit of volume, then it will enter the bullish phase on pure TA base

DYOR as always!!

  Forum: By Share Code

early birds
Posted on: Jul 10 2020, 09:31 AM


Group: Member
Posts: 12,956

asx200

5925 has been breached last night at future market, if today cash market close it below it then 5700ish is the down side target .imho

not sure the direction, but it's Friday. cautious is the word i guess!!

US market had split fashion , wek with Dow and bullish with Daq, SPX stuck on the middle of the two, 3150 still hold ..that is still bullish.

  Forum: Macro Factors

early birds
Posted on: Jul 9 2020, 04:07 PM


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Posts: 12,956

https://www.msn.com/en-au/news/australia/na...ine/ar-BB16vNWV

“Obviously they’ve had considerable time to consider their options to this point in time,” she said.

“Can I state quite stridently that we will be charging overseas visitors rather than charging NSW residents …


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

do it!!!!!
  Forum: Off Topic Chat

early birds
Posted on: Jul 9 2020, 01:08 PM


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Posts: 12,956

https://www.msn.com/en-au/money/realestate/...ars/ar-BB16vrEo

The latest data from Domain shows apartment rents dropped 3.2% over the June quarter, their largest fall in 15 years.
Melbourne, Sydney and Hobart led the plunge as shut borders hurt their tourism and international student markets and increased the number of long-term rentals.
House tenants in Melbourne and Hobart also saw substantial falls alongside those in Canberra, Brisbane, and Perth.

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

banks give another 4 months "mortgage holidays" that might soften the blow??? unsure.gif
but will add up to future pay up!!




























  Forum: Investment Discussion

early birds
Posted on: Jul 9 2020, 11:48 AM


Group: Member
Posts: 12,956

https://www.afr.com/companies/telecommunica...20200703-p558nh

That means if the new TPG decides to make a grab for market share by mass selling cheap mobile plans, it will mean more pain for Telstra shareholders. On the other hand, it would be good news for consumers – at least in the short-term – and would prove competition tsar Rod Sims' fears unfounded.

As it is, most market watchers doubt this is what TPG will do.

Goldman Sachs analyst Kane Hannan argues an aggressive pricing strategy would be the wrong move. He says TPG already has a strong share in its core metro markets, adding: "Any aggressive price-led strategy would result in strong competitive responses, disrupting the current market repair and limit TPG subscriber benefits".

New Street Research analyst Ian Martin says domestic analysts and investors have a largely similar view. But he says his overseas clients have a different view.

“They tend to think it’s inconceivable if you’ve got some capacity not to go and try to win market share,” he says.

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

still think TLS is a reasonable investing ,
my short term tarfet seems will be hit really soon.
  Forum: By Share Code

early birds
Posted on: Jul 9 2020, 09:50 AM


Group: Member
Posts: 12,956

https://www.afr.com/property/commercial/gho...20200707-p559u3

"However the gate was left open by the premier with the returning travellers and his choice of security. This decision will no doubt haunt him as it continues to damage the Victorian economy and people’s livelihoods."



"It's been a very lonely existence," Ms Bennett said "We'll soldier on and keep a smile on our face."

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

it's heart broken ..... whole country nearly got virus free but this....................
really thought Australia and New Zealand can be doing the best than whole world with this............

my legs all crossed for NSW won't have the same as Vic .
  Forum: Off Topic Chat

early birds
Posted on: Jul 9 2020, 09:20 AM


Group: Member
Posts: 12,956

asx200

seems it will retesting 6000 the vary key level again today after US market had good session last night.
but with lockdown for Vic , investors might have bit of pause . on TA front trend is still bullish. long bias for the day traders today if the index is under 5990........

  Forum: Macro Factors

early birds
Posted on: Jul 8 2020, 10:46 AM


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Posts: 12,956

https://www.msn.com/en-au/money/personalfin...mic/ar-BB16qmVp

BUYING AN APARTMENT
Koch said renters should be saving money on their rent, while prospective buyers looking for an apartment should hold off at least a year.

'Apartment property market, particularly in inner-city Sydney and Melbourne, is just awash with stock at the moment,' he said.

Referring to data from CoreLogic, Koch explained that 52 per cent of off-plan apartments in Sydney are settling with a valuation less than when they were bought.

'That's a really worrying trend in terms of the apartment market,' he said.

Koch said rent is coming down 'quite substantially' in inner-city Sydney and Melbourne.

'So if you're a renter, negotiate your rent down when it comes up and you'll get big discounts,' he said.

'If you're a buyer of residential apartments, maybe wait for 12 to 18 months because valuations are really starting to trend down now.'

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

do your own research as always!!

  Forum: Investment Discussion

early birds
Posted on: Jul 8 2020, 09:46 AM


Group: Member
Posts: 12,956

with current situation
TLS might have been a relatively safer bet.

still hold my 3.55 target for short term [ one or two months]

  Forum: By Share Code

early birds
Posted on: Jul 8 2020, 09:40 AM


Group: Member
Posts: 12,956

Vic lockdown that will set asx200 to the back footing,

but as long as 5925 holds , the short term bull trend still alive . keep eye on that level imho.

SPX seems hit res try to consolidate , if it can give another push up then 3310ish would be the short term target, if falls below 3125 then look under 3000 [ 2825ish for me]

c'mon guys, give us your thoughts and we can form some better ideas to trading or investing...pleeeeease!! tongue.gif

  Forum: Macro Factors

early birds
Posted on: Jul 7 2020, 02:29 PM


Group: Member
Posts: 12,956

still directionless for asx200

seems asx200 gonna stuck current trading range for a while . and range become narrow [ 6000----6100]

but other market all still in bullish trend.

if you guys have some idea please share it here. we discuss it and help each other to make few penny... tongue.gif

  Forum: Macro Factors

early birds
Posted on: Jul 6 2020, 01:01 PM


Group: Member
Posts: 12,956

https://www.ft.com/content/45d0a047-360f-4a...ee-108f436015a1




Vlad Tenev and Baiju Bhatt, the co-founders of Robinhood, said they were “devastated” by Mr Kearns’ death, and vowed that the company would expand educational resources related to options trading, tweak the app to clearly show users’ financial exposure when making options trades and would consider adding new criteria for customers to trade sophisticated options. 
====================

RIP Alex Kearns. .

  Forum: Off Topic Chat

early birds
Posted on: Jul 6 2020, 11:04 AM


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Posts: 12,956

https://www.msn.com/en-au/news/melbourne/le...ons/ar-BB16mPun

now , i understand as why Pauline Hanson is so popular in aussie....
facts and common senses is rare thing these days, and she is the daredevil .....................tip my hat off to her, even i don't like her!!

  Forum: Off Topic Chat

early birds
Posted on: Jul 6 2020, 09:55 AM


Group: Member
Posts: 12,956

asx200

seems stuck in the range of 5950--------------6150. not sure what direction today, so not much of trading activity for me.
only wish TLS to have another good day, aim it go over 3.50 in short term.

all the markets still bullish, !!

  Forum: Macro Factors

early birds
Posted on: Jul 5 2020, 12:05 PM


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Posts: 12,956

https://www.msn.com/en-au/news/world/genomi...ria/ar-BB16l6S4

“super spreader” of Covid-19 as a source for many new infections across Melbourne’s north and west.

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

should be find curer meds really soon . weirdsmiley.gif

  Forum: Off Topic Chat

early birds
Posted on: Jul 4 2020, 04:38 PM


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Posts: 12,956

https://www.marketwatch.com/story/heres-why...2?mod=home-page

i did think of " long EU market / short US market" as good pair trade not long ago
seems these big fundies think of this trade for medium or longer term. rolleyes.gif

do think of DAX for long trade if one has bullish view!! imho

  Forum: Investment Discussion

early birds
Posted on: Jul 4 2020, 11:58 AM


Group: Member
Posts: 12,956

https://www.msn.com/en-au/news/australia/th...own/ar-BB16iFYQ

Thousands refuse testing despite hotspot lockdown

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

if you are right [ i think you are]. this is another media try to create "human bite dog" headline.
but Vic is in bad shape atm. i heard hotel quarantiners had sex with hotel workers in Vic eg.... story goes on
not sure it is true or false anymore these days.

better shut my eyes and try to look after the close one !! sadsmiley02.gif

  Forum: Off Topic Chat

early birds
Posted on: Jul 3 2020, 11:19 PM


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Posts: 12,956

https://www.afr.com/politics/federal/manato...20200703-p558qa

We have seen some media reports in other parts of the country where people have refused to take the test ... It is compulsory and we have 100 per cent compliance with testing."

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

why??? unsure.gif
seems plenty of selfish irresponible peoples out there.. cool.gif

------------------
Coronavirus: 'I'm all for masks,' says Trump in change of tone

https://www.bbc.com/news/world-us-canada-53258792

---------------------------------------------

everyone is an expert these days, not just trumpies wink.gif

  Forum: Off Topic Chat

early birds
Posted on: Jul 3 2020, 04:27 PM


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Posts: 12,956

ahhh, now i know why it jumped up today

------------------------------------------------
Brokers eye Telstra on postpaid price rises
Tom Richardson

Ord Minnett has joined UBS in telling clients to buy Telstra shares on the back of its move to raise postpaid mobile pricing across the board by $5 to $15 a month.

"We consider this a bold move by Telstra at a time when the industry is expecting Vodafone to be more aggressive on pricing following its merger with TPG, although we believe the move is the right one given the current industry dynamics in terms of competition and 5G investments."

Ords pointed to the coming of 5G as crucial to Telstra's chances of performing well into the future.


Telstra chief executive Andy Penn said it's important to bring customers into the 5G ecosystem. Steven Siewert

"The new pricing structure, where all but the lowest tier are given 5G access, appears to make more sense," wrote the broker.

"This is similar to what we saw in the US, where carriers have found they are unable to charge an additional fee for 5G access, particularly given spotty 5G coverage. This guarantees some return for Telstra on its 5G investments."

Ord Minnett maintains an accumulate rating on Telstra with a medium-risk rating and $4.10 price target.

Telstra shares are up 2.8 per cent to $3.32 today.

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

it closed at 3.36 the day high.
  Forum: By Share Code

early birds
Posted on: Jul 3 2020, 03:46 PM


Group: Member
Posts: 12,956

3.35 now. something inside knows?? unsure.gif

nice pop up for me though!! tongue.gif

  Forum: By Share Code

early birds
Posted on: Jul 3 2020, 10:16 AM


Group: Member
Posts: 12,956

break through 3.27...... if it close above it then next target is 3.55

keep eye on it ,, it will take time i guess!!

  Forum: By Share Code

early birds
Posted on: Jul 3 2020, 10:05 AM


Group: Member
Posts: 12,956

https://www.afr.com/markets/equity-markets/...20200703-p558ly


Recent central bank actions mean capital markets are no longer "free", according to Bridgewater Associates's Ray Dalio, founder of the world's largest hedge fund.

"Today the economy and the markets are driven by the central banks and the coordination with the central government," said Dalio, speaking at the Bloomberg Global Asset Owners Forum on Thursday (Friday AEST).

As a result, "capital markets are not free markets allocating resources in traditional ways".

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

kinda take the words out my mouth ..............
capitalism and economic 101 all can throw out of windows

doing less watch more from sideline might be wise...imho

  Forum: Investment Discussion

early birds
Posted on: Jul 2 2020, 10:47 PM


Group: Member
Posts: 12,956

https://www.cnbc.com/2020/07/01/stock-marke...close-news.html

market jumped on this "better than expected number".... it looks really bad number whatever you cut it, i guess there just too much money been printed .......... thumbdown.gif
kinda knew Mr market gonna jump on this, so out of most of shorts, but didn't have enough longs.

only had few top 20 stocks in our market , might get a jump start tomorrow when our market opens.

  Forum: Macro Factors

early birds
Posted on: Jul 2 2020, 05:22 PM


Group: Member
Posts: 12,956

6000 over come, next upside target is 6121, then 6183.
bulls keep going !!

  Forum: Macro Factors

early birds
Posted on: Jul 2 2020, 05:19 PM


Group: Member
Posts: 12,956

holly molly nipper,!!!!! don't know what to say, keep yourself away to your family member , and so on......

i hope you are ok i freaking really do, mate !! wub.gif

  Forum: Off Topic Chat

early birds
Posted on: Jul 2 2020, 03:41 PM


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https://www.afr.com/politics/federal/nsw-ye...20200702-p5587e

Fifty in isolation after Sydney Woolworths test

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

just hope these 50 peoples all test negative ......really HATE to see another outbreak in NSW. sadsmiley02.gif

  Forum: Off Topic Chat

early birds
Posted on: Jul 2 2020, 09:41 AM


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Posts: 12,956

not that much to add

asx200 ---range 5925----6000 for this session, use 5950 as key level to scalping this session.

DAX was in a glitch in the first hour after their cash market opened last night {or evening]

SPX had another good day after Daq hit fresh high.

market breath still bullish.

  Forum: Macro Factors

early birds
Posted on: Jul 1 2020, 02:56 PM


Group: Member
Posts: 12,956

china still rely on export [over 30%] their GDP??
if world economy is in deep shit, how they can do better???

i guess everyone is in the dirty hole atm. sadsmiley02.gif



  Forum: Investment Discussion

early birds
Posted on: Jul 1 2020, 01:15 PM


Group: Member
Posts: 12,956

https://www.afr.com/politics/federal/this-i...20200630-p557t1


NSW threatens $11,000 fine, jail time for people entering from Vic hotspots

NSW refuses to take international flights diverted from Melbourne
=============================

i'm little confused ----is Sydney and Melbourne board still open?????? the news said it still open!! unsure.gif

not good news at all!!

  Forum: Off Topic Chat

early birds
Posted on: Jul 1 2020, 10:56 AM


Group: Member
Posts: 12,956

i noticed last few sessions that TLS is little weaker than usual , caused by TPG and vodaphone . after their merge they try to spend some money to compete with TLS and Optus
to me it's just short term price pressure to TLS.. on the long run ---no matter how you cut it..............it's reduced the competition in this field .

so TLS at $3.00 ish is a good investment choice relatively safe than other stocks given current uncertainty in the market..
lot's of " working from home" all that. it should be a good investment for medium and long term...........IMHO

i know it will be more than that . hope you guys can feed us more of TA MA eg.... tongue.gif

  Forum: By Share Code

early birds
Posted on: Jul 1 2020, 08:58 AM


Group: Member
Posts: 12,956

new financial year
should be some of fundie's money will get into market as "odder " in the first week?? unsure.gif

keep eye on the market. tug of war rolling on------money printing vs bleak outlook.

  Forum: Macro Factors

early birds
Posted on: Jun 30 2020, 10:13 AM


Group: Member
Posts: 12,956

bought few top 20 stocks likes of TLS WBC eg.... for a day trade , for last day od financial year window dressing from those big fundies. tongue.gif

try to cream it!!

  Forum: Macro Factors

early birds
Posted on: Jun 29 2020, 03:32 PM


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Posts: 12,956

Scott Morrison says the government needs to be cautious about providing too much financial support for the unemployed because it could discourage them from seeking out extra work.

https://www.msn.com/en-au/news/australia/jo...ays/ar-BB1659Tp

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

it's late but better late than nothing happening.........hope he can come up something fairer for the ones that spending with their means.
my daydream again i guess!!

  Forum: Off Topic Chat

early birds
Posted on: Jun 29 2020, 09:40 AM


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Posts: 12,956

any ideas H as how to take advantage from those big fundies adjust prices?? unsure.gif

that would be nice creamy top for two sessions short term trading.. tongue.gif

  Forum: Investment Discussion

early birds
Posted on: Jun 29 2020, 09:03 AM


Group: Member
Posts: 12,956

The ASX will be dominated by end of month, quarter, financial year window dressing, and profit-taking. Perhaps they will even each other out. The window dressing will include end of financial year tax selling. With two days to go the ASX 200 is down 10.8% for the year and 11.6% year to date. But it is up 21.9% in the quarter so far and 2.6% for the month of June.

https://www.sharecafe.com.au/2020/06/29/mar...erable-quarter/

i guess stocks will have some erratic moves at last two sessions of end of financial year. unsure.gif

  Forum: Investment Discussion

early birds
Posted on: Jun 29 2020, 08:50 AM


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Posts: 12,956

https://www.sharecafe.com.au/2020/06/29/sha...-11-bankruptcy/


The disruption in global energy markets has claimed its biggest victim so far – Chesapeake Energy Corp filed for Chapter 11 bankruptcy protection on Sunday in the US, ending life as a fallen pioneer of the fracking boom and now bust.

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

saw these type of thingy coming, thought i had right bet.....but............................ only can cry for myself!! sadsmiley02.gif

  Forum: Macro Factors

early birds
Posted on: Jun 29 2020, 08:46 AM


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Posts: 12,956

https://au.yahoo.com/news/victoria-cases-co...-213150208.html

Victoria recorded 49 new COVID-19 cases on Sunday, the highest daily total in the state since April 2 when 68 cases were detected.

"If it continues to increase, I think those are the circumstances where you think about an additional intervention, and especially if it is localised in a particular postcode or a particular suburb," Professor Sutton said.

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

not looking good at vic..... thought we can be free of movement within australia, but this is really unpleasant news. weirdsmiley.gif

  Forum: Off Topic Chat

early birds
Posted on: Jun 28 2020, 11:38 AM


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https://www.msn.com/en-au/news/australia/we...say/ar-BB160qen

He argued no single intervention on its own made a person completely immune to transmission.

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

if one can find single intervention that can stop spread this virus ......man!! that person will be treated like god, budda, or something like that.

Vic govnt, should gives these hot spot suburbs free masks----say 10 piece for each household every week. it might help .imho

  Forum: Off Topic Chat

early birds
Posted on: Jun 27 2020, 12:51 PM


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https://www.marketwatch.com/story/black-swa...6?mod=home-page

“We are printing money like there’s no tomorrow,” Taleb said, referencing the Federal Reserve’s efforts to ease the financial pain of the epidemic by delivering trillions of stimulus to the market. The Fed also cut interest rates to a superlow range of 0% and 0.25% back in March, and may not have a lot of room to further ease the economic pain of the viral outbreak and other problems that could arise amid this crisis.

“And COVID seems to be there even if the pandemic…dies down, you will still have people cautious enough that it will impact a lot of industries,” he said.

Hedge funds that are designed to benefit from tail risks have enjoyed a remarkable run-up in the age of COVID-19.

==============
big bear's view.

make some sense as usual !!

  Forum: Investment Discussion

early birds
Posted on: Jun 26 2020, 09:32 AM


Group: Member
Posts: 12,956

think of asx200 will test 5935ish this session at least
if it can hit through, then the index will turn really bullish towards month end, my guess is 6000 can't even stop it to run up next week.
i know i'm broken records for the short term bullish bias ..........

hope some of you guys can chip in your thoughts... tongue.gif

  Forum: Macro Factors

early birds
Posted on: Jun 24 2020, 07:34 PM


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https://www.cnbc.com/2020/06/24/germany-see...hterhouses.html

Most slaughterhouse workers come from eastern European countries like Romania and Bulgaria and are employed by subcontractors rather than the meat-processing firms themselves, thus pay is generally low and workers often live in close (and often in cramped) quarters, making it easy for a virus to spread, experts note. Some critics of the industry have even likened working conditions in the country’s slaughterhouses to “modern slavery.”

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

i'm not so sure of that?? Melbourne slaughterhouse outbreak...few of US slaughterhouse outbreak , then this German slaughterhouse outbreak

seems key word is slaughterhouse-----cool or cold condition with dead meat....... good for this virus?? unsure.gif

  Forum: Off Topic Chat

early birds
Posted on: Jun 24 2020, 07:14 PM


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Posts: 12,956

https://www.afr.com/property/residential/ap...20200622-p554xq

Apartment for sale listings are surging across capital cities, led by Sydney with a 39 per cent jump in new stock during the past four weeks, in a sign investors may be offloading properties in a weakening rental market.

Domain data shows that between the four weeks to May 17 and the four weeks to June 14, apartment listings rose by 27 per cent in Melbourne and were up by 15 per cent in Brisbane and 37 per cent in Perth.


Apartment for sale listings are surging as owners bail out. Graham Denholm

New apartment listings jumped by 43 per cent in Adelaide and were up by 4 per cent in Canberra.

Compared with a year ago, apartment listings in Sydney were up 8 percentage points, while Melbourne was higher by 2 percentage points.

Domain's senior research analyst, Nicola Powell, said the trend could be a sign investors are moving on.

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look out....... ohmy.gif
  Forum: Investment Discussion

early birds
Posted on: Jun 24 2020, 06:52 PM


Group: Member
Posts: 12,956

Shane Oliver – My take on life in Australia during a recession

Going into a recession is bad news. When the economy goes backwards, spending contracts, the jobs market gets tougher, wages go down – the list goes on. This period ahead has come as a shock to many Australians, but there are some things worth noting that might make it easier to bear.

Australia has been battling through a calamitous start to 2020 so far. We kicked off the year with devastating bushfires, which were already detracting from growth in the first quarter. February saw the beginning of COVID-19 disruptions to the local economy, starting with travel bans and moving to a lockdown from mid March which meant some sectors – like retail, tourism and hospitality – had to grind to a halt.

This accounts for negative growth in the March quarter, and the worst is yet to come in the June quarter results, meaning Australia is likely in its first recession since 1991, when Bob Hawke was prime minister and Paul Keating was treasurer. Many Australians weren’t even born then, and for those who were, it’s been nearly 29 years of growth since.

How this recession compares to 1991
This isn’t a typical recession. A typical recession is preceded by a boom – inflation goes up, the central bank tries to control it with higher interest rates, and we have a bust. The situation preceding this recession was almost the opposite – growth was low, interest rates were at record lows.

Because most of the economic damage has been caused by a disruption in the form of the coronavirus shutdown, and we haven’t had the classic build up of excesses you’d normally see before a recession, we should be able to re-start the economy a bit faster than we did in 1991.

Spending power is still in the economy – people have been restricted from spending because of lockdowns, not simply because of a lack of desire or confidence to spend. This means there is pent up demand, which can find a home as restrictions continue to ease.

In addition, there are a number of factors that have allowed Australia to fare relatively well compared to other countries throughout the pandemic, which provide hope for recovery:

Australia’s management and control of the COVID-19 pandemic has seen it ranked second in the OECD, behind New Zealand, for virus control. Its ability to mitigate and suppress the virus has allowed governments to relax some of the social distancing restrictions and shutdowns earlier than expected, which is good news for the economy.

In relation to stimulus from the government, Australia has among the highest rates of direct spending for stimulus, as opposed to loans in the world. Whilst the Governor of the Reserve Bank of Australia (RBA) has stated that it would be “extraordinarily unlikely” for cash rates to be cut to negative in Australia, the RBA has reiterated that it remains committed to do what is necessary, such as additional quantitative easing, to ensure Australia is positioned well for a recovery.

Australia appears to be well placed compared to other countries. Even with the March quarter being negative, this result is still a better outcome when compared to the rest of the world given the US declined by 1.3%, Europe contracted by 3.8% and Canada fell by 2%.

Important to remember: risks remain
There are still risks that could derail the good momentum. The main risk is the potential for a second wave of COVID-19 infections which could have a devastating effect if the economy was to be shutdown again. During the Spanish Flu pandemic in 1918, the reopening of trade and the relaxation of restrictions of public gatherings led to a significant wave of illness and death. In saying that, of the countries we are monitoring at time of publishing, it’s only Iran that is experiencing a true second wave. Hopefully, a strong regime of testing, quarantining and case tracking along with continuing social distancing and hygiene rules will keep a second wave at bay.
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bit of long wing stuff, but worth take one's few minutes i reckon!!!


  Forum: Investment Discussion

early birds
Posted on: Jun 24 2020, 12:46 PM


Group: Member
Posts: 12,956

tested 6000 ish but still can't go through it with really light volume so far.

half days gone, not sure what's market gonna do this arvo....... unsure.gif

lean to bullish side for me!!

  Forum: Macro Factors

early birds
Posted on: Jun 24 2020, 09:26 AM


Group: Member
Posts: 12,956

https://www.msn.com/en-au/news/australia/tr...ays/ar-BB15Sx7v

surprised me that still have 23%

i for one think think that damage has been done by

The past year has seen China impose stiff tariffs on Australian barley exports, warn its students against studying in Australia, as well as being identified as the source of cyber-attacks against the country.
and few other economic events.

vise versa , the trust for aussie in china plunged as well.


both side's media played big part of this i reckon!!

  Forum: Investment Discussion

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