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early birds
Posted on: Today, 12:18 AM


Group: Member
Posts: 13,206

https://www.cnbc.com/2021/01/15/biden-covid...in-to-1929.html

When asked whether investors should be concerned that the president-elect’s spending plan could lead to an event like the 1929 stock market crash, Neuhauser replied: “I think so.”

“You are seeing this massive $1 trillion deficit spending due to a pandemic that has of course stopped the world in the past nine months and the goals of course are: ‘We are going to get a vaccine (and) we are going to come through this,’” Neuhauser told CNBC’s “Squawk Box Europe.”

“We still don’t know the dynamics as to how fast and swiftly we come through this. We also don’t know what global growth will look like in the future years, too.”

In the wake of the stock market crash of Oct. 29, 1929, the S&P 500 fell 86% in less than three years and did not pass its previous peak until 1954.

====================
sound scary!! ohmy.gif
to me, i don't think it will lead to such bad place. but if can pop up current stock bubble that would be good thing!! imho



  Forum: Investment Discussion

early birds
Posted on: Yesterday, 08:22 AM


Group: Member
Posts: 13,206

https://www.msn.com/en-au/news/australia/qu...rne/ar-BB1cKtxs

"Maybe we should have called it Donald and we could have appealed to the president to give it a pardon or diplomatic immunity," Mr Celli-Bird told Nine.com.au

"I understand their reasoning, but I also can't understand why they can't quarantine the bird," he said.

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

i've been follow this story from yesterday, can we put it as "joke of day"??? lmaosmiley.gif

what a crazy world we living!!!!!
  Forum: Off Topic Chat

early birds
Posted on: Yesterday, 08:10 AM


Group: Member
Posts: 13,206

Warning signs do persist:

One that's been with us for a while is the historically low equity put-call ratio. Many have pointed this out; let's be honest, it's hard to miss. Even smoothing it out via a short-term moving average can't hide how depressed the read on options activity has been since last June.

It made a new low in December, but that has yet to matter. In fact, the bounce from that point created a lower high. This, too, won't last... but that has been true seven for months now, and it has yet to change.

While we rely on the SPX's Cumulative-Advance Line for a tell on Breadth, we should keep tabs on the number of stocks making new 52 Week Highs, as well. Not surprisingly, the number has been moving higher as the SPX has gained ground.

=======================
as bullish as SPX goes, bit of cautious here. if 3850 been hit and SPX still point to the upside, then next upside target will be at 3890ish, that is far i can see.

asx200 will follow US market higher at this stage!! target upside would be at 6850ish...imho think of banks [or those of high yields ] will do better in short term!!

  Forum: Macro Factors

early birds
Posted on: Yesterday, 07:57 AM


Group: Member
Posts: 13,206

President-elect Joe Biden will be sworn in on Wednesday as the 46th President of the United States. However, later today he will present his economic stimulus package to help troubled Americans deal with effects of the coronavirus. The plan is said to be in the $1.5-$2 trillion area, with a focus on distributing vaccines and increasing stimulus checks to $1,400 per person. The US Dollar Index began the day moving higher; however, it has reversed sharply. Fed Chairman Powell’s dovish remarks that the time to raise interest rates was “no time soon” also encouraged the US Dollar to push lower.

DXY

As mentioned, the US Dollar index began the day near 90.27 and pushed as high as 90.57 midway through the US morning session. The index reversed entering the UK fix and traded as low as 90.16. Later, on Powell’s comments, the index traded down to 90.07! Yesterday, on a 240-minute timeframe, the DXY appeared to be heading higher out of a flag pattern. However, with today’s volatile price action, the DXY may have made a false breakout above the flag. Of course, nothing moves in a straight line, but if price closes below 90.19, it would invalidate the flag patten and DXY could make another push lower towards the psychological 90.00, where bulls will be looking to reenter longs. Today’s highs of 90.57 acts as resistance.


USD/JPY

USD/JPY traditionally has traded with SPX 500. However, as you can see from the correlation below, USD/JPY has been trading more in line with DXY as of late. The correlation coefficient is +0.83 between the 2 assets. A correlation coefficient of +1.00 means the 2 assets move in perfectly together. +0.83 is strong correlation coefficient. On a 240-minute timeframe, the pair has been in a descending wedge since mid-November 2020 but broke above the downward sloping trendline on January 7th. Price traded lower with the DXY today, from a high of 104.20 down to 103.56, just ahead of horizontal support. If USD/JPY moves lower, it will test support at the downward sloping trendline and could prove a false breakout. If the DXY and USD/JPY recover and trade above recent highs at 104.39, the pair could test resistance at 104.75.

With Powell’s dovish comments out of the way, the markets will turn its attention to Biden’s economic stimulus tonight. Longer-term, DXY has been moving lower. However, be mindful that the stimulus release tonight could end up being a “sell the rumor, buy the fact” in the long run. Watch for more volatility to come!

=====================
“sell the rumor, buy the fact!! i lean to this , the oldest trick that always work!! lmaosmiley.gif



  Forum: Macro Factors

early birds
Posted on: Jan 14 2021, 09:25 AM


Group: Member
Posts: 13,206

https://www.msn.com/en-au/news/world/expert...nes/ar-BB1cJnkw

What are the expected side effects of a COVID-19 vaccination?

“Side effects include pain at injection site, tiredness, headache, muscle pain, chills, joint pain, swollen lymph nodes in the injection arm, nausea and vomiting and fever. When I got the first dose of the Moderna vaccine, I felt like I got punched in the shoulder for about 24 hours.”

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

is that all of the side effects?? unsure.gif

  Forum: Off Topic Chat

early birds
Posted on: Jan 14 2021, 08:53 AM


Group: Member
Posts: 13,206

DXY

On Monday, we discussed the possibility the US Dollar Index heading up towards 91.50/92.00 as the RSI turned lower and price appeared to be biding its time before the next move higher. On a 240-minute timeframe, price pulled back towards 90.00, filling the weekend gap and creating a flag formation. Price may be ready to break out. The target for a flag pattern is the length of the flagpole added to the breakout point. In this case the target is near 91.35. If price breaks out of the flag, it must first get through horizontal resistance near 91.00 and 91.25. If the DXY fails to move higher out of the flag pattern, support is at todays lows of 89.93 before last week’s lows at 89.20

EUR/USD

In the same article we looked at the possibility of EUR/USD heading lower to 1.2053, a 100% retracement of the ascending wedge. As with the DXY, price paused as the RSI hit its lower bound and bounced. EUR/USD traded sideways and now appears to have formed an AB=CD pattern, which targets 1.2020, near daily horizontal support dating back to September 1st, 2020. First support is at yesterday’s lows near 1.2137 before the full ascending wedge retracement at 1.2052. If price moves above 1.2220, the price pattern is invalidated and could head up to previous highs near 1.2345.


NZD/USD

NZD/USD has been trading similarly to EUR/USD. Price rose to a high of 0.7315 on January 6th, before breaking lower out of an ascending wedge. The kiwi halted at the 50% Fibonacci retracement level of the move from the lows of December 12th, 2020 to the January 6th highs, near 0.7150. Just as with EUR/USD, NZD/USD appears to be in the process of forming an AB=CD pattern, which targets 0.7075. Price must first break below the lows of January 11th at 0.7264 and the 61.8% Fibonacci retracement level from the previously mentioned timeframe. If NZD/USD reaches the AB=CD target, the target for the ascending wedge is next, near 0.7007. If price moves above 0.7237, the price pattern is invalidated and could head up towards previous highs near 0.7315.

Although this has been a quiet week for the markets news wise, tomorrows unveiling of Biden’s stimulus package and Fed Chairman Powell’s conversation could bring volatility to the US Dollar pairs!

================
DYOR


  Forum: Macro Factors

early birds
Posted on: Jan 13 2021, 08:56 AM


Group: Member
Posts: 13,206

https://www.afr.com/companies/mining/mongol...20210112-p56tep

Mongolia threatens to terminate Rio Tinto's Oyu Tolgoi expansion


Mongolia escalated the stoush over the troubled copper project on Monday, when it told Rio and other foreign investors that it would use its powers to terminate the 2015 agreement that governs the fiscal terms for the underground expansion of Oyu Tolgoi unless it became more economically attractive to the host nation.

=======

freaking risk to do biz with these kinda govt.!!

i'm biased , had shorts on RIO [small stake though]

  Forum: By Share Code

early birds
Posted on: Jan 13 2021, 08:28 AM


Group: Member
Posts: 13,206

The 10 Year Yield is s/t extended. Its six day rate of change now is +28%, which lines up with the best six day runs since late April. They all faded. The Yield's RSI is up to 78 as of this morning, too. That's the HIGHEST since November, 2016 (as yields were ripping post the 2016 Presidential Election).

2
For the 10 Year Note, a Demark TD Combo Buy Signal has been triggered for the first time since April, 2018.

3
The TLT Bond ETF endured its sixth straight decline on Monday. It logged six consecutive losses twice in 2020: Its last 7 day losing streak happened in the period ending 4/26/16.

4
The TLT’s 14 Day RSI is near 27 now, as well, which obviously makes it oversold… that’s the lowest reading since 10/08/18.

5
While we're not expecting a major turning point in Bonds, the odds suggest the pace needs to slow over the near term. Once it does, we'll get a better idea of how willing traders are to return to the prevailing trend.

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

all about 10 years yields ?? looks" risk on" again to me.
i know i0 years note is at oversold level, but i think pull back will be little if any. i for one won't go long for the medium term. only for the short term trading i guess!!

SPX ----think of 3850 in near term.

asx200, ---seems banks going for another leg of run up as aussie economy performed far better than feared !!

long banks / short big miners??? unsure.gif
  Forum: Macro Factors

early birds
Posted on: Jan 12 2021, 08:27 AM


Group: Member
Posts: 13,206

There hasn’t been that much news to trade off today, yet the US dollar continues to trade higher.

There hasn’t been that much news to trade off today, yet the US dollar continues to trade higher. Republicans in the House of Representatives blocked a House resolution which would have called on Vice President Mike Pence to invoke the 25th amendment and remove President Trump from office. However, the markets are already looking past the 9 days Trump has left in the White House. Therefore, what is driving the US Dollar higher, and can it continue?

DXY

The US Dollar Index gapped open higher after the weekend and moved into resistance near the 90.50/60 area. The gap fill is an important first support area, which incidentally is near the psychological 90.00 area. If price can hold above there, the DXY can run to 91.50, and possibly even 92.00 Note the RSI hit 70 and turned lower. The index may just be biding its time while waiting for the RSI to move further into neutral territory.

EUR/USD

EUR/USD is moving opposite the DXY. The pair broke lower below an ascending channel on Friday and continues to move lower. The target for the breakdown of an ascending wedge is a full 100% retracement. EUR/USD has already retraced below the 61.8% Fibonacci level from the wedge lows to highs and is stalling just below it. The RSI hit the 30 level and bounced. The latest bar on the 240-minute timeframe is a bullish engulfing candlestick, so a bounce would not be out of the question. If EUR/USD could remain below 1.2200, the RSI will have time to unwind and the pair could move lower. 1.2125 is the next of support before retracing the entire wedge down to 1.2058, where buyers would be looking to step in. Above 1.2200, resistance is at 1.2213 and 1.2283. Watch for sellers in front of Wednesday’s highs of 1.2350.

USD/CHF

When traders don’t have access to the DXY, they often trade USD/CHF as a segregate. Notice the correlation coefficient at the bottom of the chart below is currently +.91. A correlation of +1.00 indicates a perfect positive correlation between the 2 assets. USD/CHF traded right up to resistance today at 0.8920. Price is pausing while the RSI pulls back from near 70.00. A move above in price would target horizontal resistance 0.8980 and then .9020. If the US Dollar moves lower, it could move to support near Friday’s lows at 0.8824.

For many US Dollar pairs, the trend in the medium term (240-minute timeframe) is higher. Pullbacks may be opportunities for the RSI to unwind further before resuming higher. Bulls will be looking to buy dips towards the gap in DXY. They may also be looking to sell Euros and Swiss if DXY does pullback!
================

it's just one of many TA studies, DYOR as always!!
  Forum: Macro Factors

early birds
Posted on: Jan 11 2021, 11:36 AM


Group: Member
Posts: 13,206

as AUD/USD goes down
i kinda think 0.78ish might be the short term top
i
m biased as i hold shorts on the pair !!

  Forum: Macro Factors

early birds
Posted on: Jan 11 2021, 08:40 AM


Group: Member
Posts: 13,206

first 10 days of the new year, we face more chaos

to me, look at those event, focus on how they will affecting the financial market, then acting [[ doing the trades that have good chance to profit]
we have no power to change anything around world, but we do have the power try to look after ourselves and families ,and people around us!! tongue.gif

i'm all ear to listen to you guys!! graduated.gif

  Forum: Investment Discussion

early birds
Posted on: Jan 10 2021, 08:38 AM


Group: Member
Posts: 13,206

brings us to MJ, OIH and XOP. While the differences with these compared to the others are obvious, it's still striking to see how far each remain from their respective highs.

They weren't too intriguing as the downtrends continued to extend lower. But now they do... and the bottoming patterns for each of them remain intriguing, even after the big percentage moves from the lows.

===========

that three stocks is US stocks, i'm not sure what are the FA for them. someone interested US stocks might get a look at them!! tongue.gif

  Forum: Investment Discussion

early birds
Posted on: Jan 10 2021, 08:35 AM


Group: Member
Posts: 13,206

Regarding the SPX, the 3,850 target is getting closer.
----------------
i got out 3750 end of last year!!

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

Japan
The Nikkei continues to garner demand. While extended short-term, the long term breakout shows what's really happening.
------

keep eye on that market, looks bullish breakout will sustained !!

===========

asx200 refused to go down, so got to think of upside. if one long some stocks, keep it for a while i guess!!

  Forum: Macro Factors

early birds
Posted on: Jan 10 2021, 08:29 AM


Group: Member
Posts: 13,206

US Dollar
The USD continues to test the 88-89 level, which is best viewed on this long term, monthly chart. If it's going to bounce, it should happen soon.

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

what if it not bounce instead hit through the long term support?? so, stoploss should be in place , my one would be at 87.50 [ give bit of room for fake swings]. for my longs.

start to go short side of AUD/USD. just for hedge at moment!!

  Forum: Macro Factors

early birds
Posted on: Jan 7 2021, 07:54 AM


Group: Member
Posts: 13,206

https://www.afr.com/markets/equity-markets/...20210106-p56s6w

despite chaotic at white house SPX still be able to holds chunk of gain, so freaking amazing !!
this market is just so bullish , seems nothing can stop it.
expecting asx200 to follow wall street. swing trade for today, i won't commit longer term today, it's just too risk for me!! weirdsmiley.gif

keep eye on asx200 , think that 6725 might be as high as it can go [ personally i reckon it will peaked under 6710], down side [ roughly at 6650ish]

  Forum: Macro Factors

early birds
Posted on: Jan 7 2021, 07:45 AM


Group: Member
Posts: 13,206

Dems Win Georgia Senate elections; What that means US Dollar and CNH

The result of the Georgia Senate elections could result in 2 very different moves for the US Dollar over the next year

DXY

With the news of the unofficial Democrat winners, one would expect the S&P 500 raging higher today and the DXY would be lower. However, BOTH stocks and the US Dollar are higher. The DXY was lower overnight, so this appears to be a potential short squeeze as the market has been heading lower over the last few months. On a short-term 60-minute timeframe, the DXY has been in a descending wedge since Friday. Today, the index broke out of the top of the wedge and is near its target and horizontal resistance at 89.86. Sellers will be looking to take advantage of this pop to add to their position. The next resistance level is 90.00. Short-term support is at the downward sloping trendline of the wedge near 89.45.

On a longer-term daily timeframe, DXY could be ready for a move higher. Price is currently trading within a support zone dating back to early 2018. It is at the 161.8% Fibonacci extension from the lows of September 1st to the highs of September 25th. In addition, DXY is near the apex of a descending wedge and the RSI is diverging with price. This confluence of supports suggests there could be a possible bounce on a longer-term daily timeframe. Longer-term resistance is near 92.00.
-----------------------

USD/CNH

USD/CNH also suggests that the US Dollar may be ready for a move higher. The pair has been trading in an orderly downward sloping channel since late May 2020 after breaking below the double top neckline during the week of August 31st. The pair reached the double top target (red lines) this week, but has halted at horizontal support from May 2018, the 78.6% Fibonacci retracement from the lows of March 2018 to the double top highs and the bottom trendline of the downward sloping channel. The RSI is also extremely oversold, near 21.23. This confluence of support near 6.44 suggests there could be a possible bounce on a longer-term weekly timeframe. First resistance is at the top trendline of the channel near 6.51, however if USD/CNH breaks above, there is room to move much higher.
The result of the Georgia Senate elections could result in 2 very different moves for the US Dollar over the next year. In the short-term, even with today’s bounce earlier, it’s possible that the stimulus will be too great and push the US Dollar lower. However, with the proposed tax hikes and the look at the longer-term charts, it appears that the US Dollar may be heading higher!
==========================

just one of many studies....... DYOR as always!! tongue.gif
  Forum: Macro Factors

early birds
Posted on: Jan 6 2021, 12:08 PM


Group: Member
Posts: 13,206


I was surprised at that last sentence, I have never heard of the AUD as being seen as proxy to the Yuan. New one to me.

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

to me it has been the case for many years before, until this year, when scotmo and chinese conmy break up!!
don't think AUD should follows CNY for the current situation. imho though, how am i to against market??



  Forum: Macro Factors

early birds
Posted on: Jan 6 2021, 08:50 AM


Group: Member
Posts: 13,206

The USD is slightly lower and remains in a defined downtrend. Again, the more important chart is the long term version, as the USD continues to approach the 88-89 support zone.
=========================

saw the chart , DXY closed at 89.72.

gold and silver all had breakout movement.

interesting time to see how this fiat system play out!! unsure.gif

  Forum: Macro Factors

early birds
Posted on: Jan 6 2021, 08:20 AM


Group: Member
Posts: 13,206

https://www.afr.com/politics/federal/virus-...20210105-p56rzd
cool.gif

range for SPX [swing, 3657-----3756] as some TA studies. would be news driven today [tonight] as volume still thin.

for asx200, seems bullish than others, but as aud rallied last's session, that might put little pressure on the large stocks that affect index.
keep eye on 6675, then 6700 for the upside, and stops at 6625 for the longs for intra--day traders, imho

  Forum: Macro Factors

early birds
Posted on: Jan 5 2021, 05:46 PM


Group: Member
Posts: 13,206

https://www.afr.com/life-and-luxury/health-...20210105-p56rqq

from one extreme to other extreme!! these days ....... lmaosmiley.gif

  Forum: Off Topic Chat

early birds
Posted on: Jan 5 2021, 03:35 PM


Group: Member
Posts: 13,206

really appreciated myshares. try to get as much info as i can !! tongue.gif

i will take Mick's advice to see another Drc. hope she has patience litsen my "blah blah"
my IGE testing is from over 500 dropped to over 400, but the normal level suppose under 120 [0--120], so it's clear that my autoimmune system got the problem.
sorry about this unrelated to COVID19. if i have these things to ask, i will try to use PM box!

here is covid19 news
https://www.afr.com/policy/health-and-educa...20210105-p56rud

While current vaccines have been shown to be highly effective at preventing illness, the immune response they induce does not completely suppress virus growth.

"The limited virus replication is actually a good thing because it will result in a further boost to the immune response against the virus."

=============
i'm afraid that i will have allergic reaction to the vac. not many mention about treatment mads, to me that would be the problem solver!! imho though!!

  Forum: Off Topic Chat

early birds
Posted on: Jan 5 2021, 12:49 PM


Group: Member
Posts: 13,206

market had little pop up for this news
NYSE no longer plans to delist chinese teleco giants !! no sure they can against Trump's order?? unsure.gif

  Forum: Macro Factors

early birds
Posted on: Jan 5 2021, 08:51 AM


Group: Member
Posts: 13,206

will asx200 follows US market ----going lower today??
as volume still thin, it could be the case as asx200 rallied up yesterday!! unsure.gif
keep eye on two levels, 6625, then 6600 for me!

saw people try to get out of US market last night to avoid 6th/jan potential chaos in US election results!!

from TA point of view market still in bullish trend but a lot of longer term indicators near or in overbought zoon.

  Forum: Macro Factors

early birds
Posted on: Jan 5 2021, 08:33 AM


Group: Member
Posts: 13,206

thanks Mick
i have been few Drcs, the answer from then are very , so confused ! that is why i tried this thing here. tongue.gif

i'm interesting in myshares comment
-------------
I am aware that statins are a treatment for hypercholesterolemia and have independent effects beyond simply lowering cholesterol through anti-inflammatory mechanisms on atheroma.
---------------------

i had psoriasis for years , and laterly it get's worse
then i look at Behcet , seems 5 out of seven match me
then i look systemic sclerosis similar to me.

not sure what hell is it.

then i find that all these thing point to autoimmune disorder ---trigs long term auto-inflammatory disorder, it can affects body's blood vessels.

my question is
1, is statins can be used in my case??
2, is statin contains steroids??

just try to get different ideas!! thanks guys!! tongue.gif
  Forum: Off Topic Chat

early birds
Posted on: Jan 4 2021, 07:50 PM


Group: Member
Posts: 13,206

lmaosmiley.gif
seems you guys have some thoughts idea of how to deal with cholesterol.
i need all of your helps here.

my local GP told me twice [after my blood test results] to take cholesterol medts, and i refused all of them
reason for that is i don't like hooked on medts , but see you guys ague with this thingy with the knowledge, i'd like to get advice from you guys

here is my last results of the blood test

gluc[fast, plasm] 5.9 [suppose 3.0--5.4]
chol 6.0 [suppose under 5.5]
trig 1.4 [suppose under2.0]
hdl 1.6 [suppose more than0.9]
non hdl-cholest 4.4 [suppose under 2.5]
ldl 3.8[suppose under 3.5]
T. chol/hdl rate 3.8

should i take the metds or just keep eating healthy stuff [yak] and keep exercise 1 hour everyday [ without to take medts]????
please give your advice. thanks in advance!! tongue.gif
  Forum: Off Topic Chat

early birds
Posted on: Jan 4 2021, 08:51 AM


Group: Member
Posts: 13,206

ASX futures down 80 points or 1.2% to 6537

AUD flat at 76.94 US cents (peak 77.42)
On Wall St: Dow -0.7% S&P 500 -0.6% Nasdaq -0.1%
In New York: BHP -0.9% Rio -1% Atlassian -0.1%
Tesla +1.6% Netflix +3.1% Alphabet +0.9%
In Europe: Stoxx 50 -0.5% FTSE -1.5% CAC -0.9%
Spot gold +0.02% to $US1898.67/oz
Brent crude +0.3% to $US51.80 a barrel
US oil +0.04% to $US48.42 a barrel
Iron ore +0.4% to $US160.47 a tonne
2-year yield: US 0.12% Australia 0.06%
5-year yield: US 0.36% Australia 0.32%
10-year yield: US 0.91% Australia 0.97% Germany -0.58%

=================
https://www.msn.com/en-au/news/world/in-a-s...ive/ar-BB1crpsp
seems GOP will really split with trumpies, that likely throw a spanner in this unstopable bull market
bit of cautious is needed imho
  Forum: Macro Factors

early birds
Posted on: Jan 4 2021, 08:42 AM


Group: Member
Posts: 13,206

Wells Fargo recommended four semiconductor stocks for 2021, arguing the sector's record highs may be here to stay and that global chip-buying trends will propel the best names to even greater heights.

The sector's success has lifted the PHLX Semiconductor index, which tracks 30 of the most important names, to its highest valuation multiple in nearly a decade. But Wells Fargo analyst Aaron Rakers said in a Thursday research note that the world's appetite for chips powering things such as 5G phones and data centers means his four picks have more room to grow.

New phones and continuing demand for more data-center processing power mean equipment manufacturers will need to include significantly more dynamic random access memory, or DRAM, in their products. One of the biggest memory makers, Micron Technologies (ticker: MU), stands to benefit.

Its DRAM is cutting-edge. Rakers' team predicts that the DRAM sales will power the stock to new heights and raised his target for the stock price to $100 from $85.

Micron's DRAM is needed in tons of places, such as helping to power artificial-intelligence and machine-learning applications, in next-generation videogame consoles, and in 5G phones, which typically contain more storage and memory than the prior generations of handsets.

The company, Rakers says, generates an increasing amount of non-GAAP free cash flow, and comes with a strong balance sheet. Barron's likes the name too.

One of Rakers' other picks, Nvidia (NVDA), will also benefit from the growing appetite for computing power. Its graphics processing chips are well suited to training software working with vast data sets, which then can do things such as translate speech and run virtual assistants. Rakers believes uses for those tools will increase, so he raised his target for the stock price to $625 from $605.

The analyst cautioned, however, that the bet on Nvidia for 2021 is less clear than it was this year, when the company launched its Ampere-based server and videogame chips.

Advanced Micro Devices (AMD) too will benefit from the need for more data-center processors. Its central processing units are already taking market share from rival Intel (INTC). Rakers predicts the trend will continue as it ramps up sales of its Zen-3 Epyc Milan central processing units.

Those chips are also helpful for supercomputing -- seen as a cutting-edge area in technology -- which benefits the AMD brand. Rakers boosted AMD's target price to $120 from $100.

Storage producer Western Digital (WDC) was a disappointment in 2020, but Rakers argues it is s ripe for a turnaround in the second half of 2021. His team thinks that the company's flash-memory business is undervalued and will ship an increasing number of solid-state drives to buyers. Rakers raised his target for the stock price to $65 from $55,

Micron stock was stable at about $72.24 in Friday afternoon trading, Nvidia shares fell 0.8% to $529.53, and AMD stock rose 0.5%. Western Digital rose 1% to $53.98 as the PHLX Semiconductor index notched a gain of 0.2%.
==================

USA stocks that might gives third or fourth opinion for someone interested!! tongue.gif

  Forum: Investment Discussion

early birds
Posted on: Dec 31 2020, 06:10 PM


Group: Member
Posts: 13,206

asx closed at 2:pm, and "matching" time is 2:10 pm, as i could see!

happy new year to you nipper! and to all the readers !

hope new year, you guys can posting more of your thoughts on the market, and we can help each other to make few pennies!! tongue.gif

  Forum: Macro Factors

early birds
Posted on: Dec 31 2020, 09:03 AM


Group: Member
Posts: 13,206

The USD/JPY appears to be headed for 102.00

The US Dollar was bearish against all of its major pairs on Wednesday. On the US economic data front, Wholesale Inventories fell 0.1% on month in the November preliminary reading (+0.6% expected), compared to a revised +1.2% in the October final reading. Market News International's Chicago Business Barometer unexpectedly rose to 59.5 on month in December (56.3 expected), from 58.2 in November. Finally, Pending Home Sales declined 2.6% on month in November (0% expected), compared to a revised -0.9% in October.

On Thursday, Initial Jobless Claims for the week ending December 26th are expected to rise to 833K, from 803K in the previous week. Finally, Continuing Claims for the week ending December 19th are expected to increase to 5,390K, from 5,337K in the week before.

The Euro was bearish against most of its major pairs with the exception of the CHF and USD. In the U.K., the Nationwide Building Society has posted its house price index for December +0.8% (vs +0.4% over one month expected).

The Australian dollar was bullish against all of its major pairs.


Technically speaking, on a daily chart, the USD/JPY currency pair just broke out to the downside of a short-term bullish trendline that began to form on December 17th. The simple moving averages (SMAs) are arranged in a bearish manner, as the 20-day SMA is below the 50-day SMA. If the pair continues to fall then its next support levels would be 102.88 and 102.00. If the pair rallies traders should look for resistance at 103.90. If price gets above 103.90, then the pair could advance towards 104.58 before it hits resistance.

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

so USD failed to make the bottom.
but use to be USD/JPY head for the low and market going down with it. not for the current situation as all market showing supper bullish sigh. unsure.gif
  Forum: Macro Factors

early birds
Posted on: Dec 29 2020, 03:15 PM


Group: Member
Posts: 13,206

SPX future just hit 3750, i'm out of it!!!

  Forum: Macro Factors

early birds
Posted on: Dec 29 2020, 09:07 AM


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Posts: 13,206

The House voted to increase the direct payments in the year-end coronavirus relief bill to $2,000.
President Donald Trump signed the legislation into law Sunday, after days of saying he opposed the measure because it includes only $600 stimulus checks.
The GOP-held Senate may not pass the larger direct payments, though Senate Minority Leader Chuck Schumer has said he will push for a vote.

https://www.cnbc.com/2020/12/28/house-votes...elief-bill.html

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

that poped up SPX last night's session. another three session to end of this year, seems 3750 for SPX before year ends [ my target for SPX] is more likely case. tongue.gif

asx200, charge towards "window dressing time", looking for upside

  Forum: Macro Factors

early birds
Posted on: Dec 28 2020, 08:07 AM


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https://www.msn.com/en-au/news/australia/a-...omy/ar-BB1cgNHW

A look back at a year that rocked markets and the global economy

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

the thingy that we will remember it!!!!!!!!!!!!!!!!!!!!!!!!!

  Forum: Off Topic Chat

early birds
Posted on: Dec 24 2020, 09:47 AM


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https://www.afr.com/companies/financial-ser...20201224-p56pxr

In a short statement to the market after the market's close on Wednesday, Westpac said it had been informed by the Australian Securities and Investments Commission that the regulator has "concluded the investigation and that it does not intend to take any enforcement action against Westpac or any individuals in connection with the investigation".

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

alarm discharged this time by ASIC!

  Forum: By Share Code

early birds
Posted on: Dec 24 2020, 09:12 AM


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Posts: 13,206

https://www.msn.com/en-au/news/world/defyin...own/ar-BB1cbshX

Angry at his fellow Republicans in Congress, Trump sought to refashion two complex pieces of legislation that passed Congress by wide, bipartisan margins after months of negotiation.

Trump followed through on a threat to veto the defense bill and demanded dramatic changes to a $2.3 trillion package that funds the federal government and provides nearly $900 billion in coronavirus aid.

If Trump blocks the spending package, large parts of the U.S. government will start to shut down next week for lack of funds at a time when officials are distributing two coronavirus vaccines and working to respond to a massive hacking attack.

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

typical ---"my way or high way" type!
what about American security, and basic livelihood ??? compare his own interest, all can through out of windows!! weirdsmiley.gif

  Forum: Off Topic Chat

early birds
Posted on: Dec 24 2020, 08:36 AM


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Posts: 13,206

https://www.afr.com/markets/commodities/iro...20201224-p56pxa

Fastmarkets MB said iron ore fell $US2.50 or 1.5 per cent to $US162.03 a tonne. The spot price has now tumbled more than 8 per cent from the record high of $US176.45 reached on Monday.

This does however beg the question, is it enough to support prices around $US180 a tonne into January? So far, it looks as if it is more than enough."

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

not sure of that
i reckon usd$ 110--120 /t is more likely case next year!!

i'm little bit biased here , because i shorted RIO at $116.64, little bit in the money atm , but small stake. think ore price might be drop through USD$150/T before year end, that will bring RIO under $110 in short term
all imho though. a risk one [ i for one think it's more likely case[ over 75% chance].

  Forum: Macro Factors

early birds
Posted on: Dec 24 2020, 08:28 AM


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Posts: 13,206

Brexit deal could be reached by Christmas: GBP/USD, EUR/GBP

Media outlets have been reporting for the last few hours that “sources” say a trade deal is “imminent”. Boris Johnson and Ursula von der Leyen have been negotiating directly over the last few days to resolve the final remaining issues. The holdup continues to be that of fisheries. What access will the EU have to fishing waters around the UK? However, EU ambassadors have been called to an emergency meeting, on Christmas Eve, nonetheless. Markets assume they will receive text of the agreement, which would allow for a provisional deal before January 1st. This would allow for a formal vote to occur after January 1st.

Yesterday, we wrote about how markets haven’t been responding lately to the headlines regarding Brexit. Today, on first headlines of the news of a deal, currency pairs did indeed spike though. However, as more and more headlines came out, markets aren’t ready to believe them yet. GBP/USD couldn’t even take out the December 17th highs near 1.3620 and has pulled back 100 pips from the highs. If traders believe this is the real deal, watch for buyers to enter the market near 1.3445. Monday’s lows at 1.3188 is the next support level.

[[[----------
If a deal is announced, longer term price levels to watch are 1.3711 and 1.4376. If it turns out to be more of the same and GBP/USD sells off, the downside level to watch is 1.2675.

============
EUR/GBP moved lower on the headlines as well. The pair moved from 0.9070 to 0.9000. However, just as with GBP/USD, the pair reversed and pulled back 50 pips. If it is true, and a deal is announced, watch for the December 17th lows to break near 0.8981. Immediate resistance is at 0.9065, 0.9087 and 0.9155.

We have been talking over the last week about how price action in EUR/GBP has been oscillating around the apex of a symmetrical triangle on the daily timeframe. Longer term support is near 0.8875 and 0.8671. If there is not going to be a deal, watch the horizontal levels near 0.9200 and 0.9300.
Boris Johnson will provide further comments later. However, traders need to ask themselves, if a deal is don’t, why are GBP pairs pulling back? Does that mean the news is already priced into the market? Watch for a “buy the rumor, sell the fact” trade today.
===================

since UK called out EU bluffing , for me that a Brexit deal is more likely than not!! but not sure about "sell the news" part. unsure.gif

  Forum: Macro Factors

early birds
Posted on: Dec 23 2020, 07:30 AM


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Posts: 13,206

Markets numb to Brexit talk: EUR/USD, GBP/USD

With nine days left to negotiate a Brexit trade deal, comments and deadlines have become meaningless. The market participants that are left trading through the end of year want to see action. EUR/USD and GBP/USD are lower on the day, reversing most of yesterday’s afternoon rally. These selloffs are mostly due to the move higher in the US Dollar, and the pairs are disregarding Brexit comments. According to FT, EU’s Barnier has made it clear that he is prepared to talk until year-end. For the UK’s side, the Sun is reporting that a deal is on the table and both sides want to be home for Christmas eve, but talks are strained. Why? Fisheries. So, a deal seems like it will be done, but markets may not react until pen is on paper!
----------

Yesterday’s move in GBP was primarily due to fears of the new variant of the coronavirus. Brexit took a backseat. Traders took advantage of the move lower and bought the Pound vs the US Dollar. Today, GBP/USD is having an inside day, disregarding further Brexit comments. A done Brexit deal will move the pair aggressively (not just comments). In addition, positive or negative news on the new variant of the coronavirus could move the pair.
[[[[[[[[[[[

On a 60-minute timeframe, GBP/USD is coiling within a short-term triangle waiting for its next move. Short-term resistance is at yesterday’s gap fill highs near 1.3500 and then Thursday’s highs near 1.2640. Support is at yesterday’s lows near 1.3188 and then December 11th lows near 1.3135. However, be weary of light volume moves that can spike through support and resistance.

================
EUR/USD traded 4 pips above yesterday’s trading range and therefore, cannot be considered an inside trading day. Just as with the GBP/USD, the Euro pair has ignored seemingly positive Brexit comments. However, the pair is moving lower and bulls may be looking to buy at trendline support , which coincides with yesterday’s lows near 1.2129.
--------------
On a 60-minute timeframe EUR/USD has retraced most of yesterday’s move, which is within 7 pips of horizontal support. If price reaches the 1.2129 level, the RSI will also be oversold on the short-term time frame (and it will be at the daily longer-term support), and bulls will be looking to buy. Below there, the next horizontal support level is at 1.2060. Intra-day resistance above near 1.2200, then todays highs at 1.2256. Above there, final near-term resistance is at Friday’s highs of 1.2272.

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

Traders are tired of Brexit officials’ comments. They want to see action. Outside of further coronavirus comments, these two pairs should remain stable heading into the Christmas holiday, unless of course, a Brexit deal is reached before then!
===============================

i saw USD trying hard to form a bottom before Xmas. but not sure last two session's effort is enough ??? unsure.gif

  Forum: Macro Factors

early birds
Posted on: Dec 22 2020, 08:40 AM


Group: Member
Posts: 13,206

The SPX's most recent breakout point (3,695) will be under pressure right away this morning. And while we'll wait for the close to determine if the pattern is still viable, the SPX has its work cut out itself today.

2
This will be a sizable opening gap down , but we've seen 2-3% drawdowns a few times over the last six weeks. Each of them were over just as quickly as they appeared.

3
The SPX hasn't seen a 1% decline since November 18th, which now is 21 days ago. The only longer streak we've seen in 2020 was 29 from July 24th through September 2nd. The big difference in September was that the 14 Day RSI hit its highest level since January, 2018; it has yet to hit overbought levels now.

4
As of Friday's close, TSLA became the S&P 500's seventh biggest holding. Since 9/2, the stock is +55% and is extended from its breakout point. The other biggest SPX holdings continue to trace out multi month consolidation patterns and have yet to break out. We look at the 10 below.

5
The US Dollar's 14 Week RSI had gotten very close to oversold for the second time in 2020 late last week. It got more extreme in both 2017 and early 2018, but the second visit to oversold territory back then lined up with a major low.
=============================

look at chart SPX gapped down then went all the way back to close. so the bullishness still intact . i for one doubt it. but TA tells me that market just want to go up!!
one thing, USD seems try to bottoming last night session, if it dose then that will change a lot of market direction. imho

asx200
might be saved by last night's US market action today [avoid wash out selling before Xmas]

  Forum: Macro Factors

early birds
Posted on: Dec 21 2020, 07:48 PM


Group: Member
Posts: 13,206

Population growth needs to be planned in significantly better way that the haphazard schemozzle we have had in the past.
=============

most of "good things" will be done ,with good planning , that's for sure!!
you reckon it's done badly in past, but someone think it is really good so far , someone like Peter Costello eg.
i'm not going into this rabbit hole
this article just served as some kinda warning flash yellow lights..... try to avoid Jap's fate..... lost two decade [1990's and 2000's]
the article point out ---if not population growth then we can use other style to grow economy for aussie. if you care to read whole thing!!
that is why i reckon it raised interesting point. whether it is right or wrong, everyone can form their own opinion i guess

open to everyone to discuss !! graduated.gif

  Forum: Investment Discussion

early birds
Posted on: Dec 21 2020, 06:01 PM


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Posts: 13,206

https://www.afr.com/policy/economy/japanifi...20201221-p56p7w

The views of market economists have been echoed by former treasurer and Nine chairman Peter Costello, who said without reform and population growth slowing ageing down, Australia was at risk of emulating Japan's lacklustre economic performance.

===========

not sure where to put it, think of it is bit of economic checking!! worth a read!

  Forum: Investment Discussion

early birds
Posted on: Dec 21 2020, 11:15 AM


Group: Member
Posts: 13,206

asx200 out perform other market------but to the down side [ drop less than others]
WTF weirdsmiley.gif


  Forum: Macro Factors

early birds
Posted on: Dec 21 2020, 09:22 AM


Group: Member
Posts: 13,206

https://www.afr.com/chanticleer/telstra-ven...20201218-p56osh

That puts the value of Telstra Ventures' stake at at least $US222 million and suggests it has reaped a tenfold return on its investment.



There are some negatives for Telstra Ventures, including the fact the escrow period under which Telstra must hold on to its stake is longer than the traditional six months under an IPO; Dolphin won’t say exactly how long the Skillz escrow period is, citing confidentiality.


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

good value stock at it's current level imho

  Forum: By Share Code

early birds
Posted on: Dec 21 2020, 08:46 AM


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Posts: 13,206

https://www.cnbc.com/2020/12/20/mcconnell-s...mulus-deal.html

Congress reached a deal Sunday on a $900 billion coronavirus relief package.

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

sell on news or keep pumped market up??

i reckon it give asx200 a boost at opening bell at least?? unsure.gif

  Forum: Macro Factors

early birds
Posted on: Dec 21 2020, 08:15 AM


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Posts: 13,206

https://www.afr.com/politics/federal/sydney...20201221-p56p4z

Asked about the calls by health experts for NSW to do more, Hazzard said that while he appreciated the "expertise of people who aren't directly involved in the battle" the government had its own advisers.

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

a simple question
why oversea's traveller need 14 day's quarantine but the flight attendant from same plan been treat with really loosen rules, is that right for the board control??

1 Ruby princess mistake----------" on we made mistake" then back paddling
2 new march house--------" oh we made mistake" then back paddling

now , "oh we made mistake" back paddling again!!

my view only-----tax payer paid big time for those officials expecting them to get job done. but that's how they do it!! weirdsmiley.gif

  Forum: Off Topic Chat

early birds
Posted on: Dec 20 2020, 10:47 AM


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Posts: 13,206

https://www.afr.com/politics/federal/wa-imp...20201220-p56p03

Increase in spread could kill Christmas
Finbar O'Mallon

NSW Chief Health Officer Kerry Chant said she would need to see no evidence of seeding outside the northern beaches before she ruled out health restrictions for Sydney over Christmas.

Dr Chant said if cases grew outside the northern beaches, Sydney will still be restricted to gatherings of up to 10 people after Wednesday.

"So we are closely monitoring the situation and getting almost minute to minute updates of every case and what the sources," Dr Chant said.

"It is important to say that we will be expecting more cases."

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

here we go again!! sadsmiley02.gif

  Forum: Off Topic Chat

early birds
Posted on: Dec 19 2020, 03:19 PM


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Posts: 13,206

https://www.msn.com/en-au/news/australia/qu...ers/ar-BB1c3ucG

From 1am on Sunday morning, anybody looking to cross into Queensland from New South Wales will have to fill out a border pass declaration.

People travelling from the Central Coast and Greater Sydney areas will be tested on arrival, then asked to quarantine until they return a negative result.

And travellers from the locked-down Northern Beaches will have to apply for an exemption and, if one is granted, they will need to undergo two weeks in hotel quarantine.

As border restrictions continue to evolve around the country, crowds continued to flock to Sydney airport as travellers seek to beat a potential lockout.

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

chaos before X-mas holiday!! that will boosts economy confidence !! thumbdown.gif

  Forum: Off Topic Chat

early birds
Posted on: Dec 18 2020, 11:45 AM


Group: Member
Posts: 13,206

remember opal tower ??? the builder Icon insurance with QBE, the court case still going [ more likely insurance company will for the bill in the end] imho

i for one won't stick my hands out to it at current price!!

  Forum: By Share Code

early birds
Posted on: Dec 18 2020, 09:51 AM


Group: Member
Posts: 13,206

Big deal I say, tell me a country that doesn't??

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

agree with you 100% on this Mick!! but USA has big muscles and advantage to do that to other countries
as i said---- why Switzerland?? kinda scratch my head!! unsure.gif

the world is in a lot of confusions atm!! sadsmiley02.gif

  Forum: Macro Factors

early birds
Posted on: Dec 18 2020, 09:25 AM


Group: Member
Posts: 13,206

ohmy.gif
asx200, sell into good news on Friday!! 6710 for the support for today!! imho



  Forum: Macro Factors

early birds
Posted on: Dec 18 2020, 07:47 AM


Group: Member
Posts: 13,206

https://www.afr.com/chanticleer/huge-task-a...20201217-p56of1

dosen't sound OK to me!!
try to pick a short trade in these sector, seems RIO likely a target ?? unsure.gif

  Forum: By Share Code

early birds
Posted on: Dec 18 2020, 07:42 AM


Group: Member
Posts: 13,206

https://www.afr.com/policy/economy/comyn-ga...20201216-p56o5q

great confident boost for asx200!!

SPX DAX all had break upside last night's session!! tongue.gif

looks a happy day today!!

  Forum: Macro Factors

early birds
Posted on: Dec 18 2020, 07:23 AM


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Posts: 13,206

https://www.nbcnews.com/business/business-n...lators-n1251372

The U.S. Treasury Department has branded Vietnam and Switzerland as currency manipulators while putting China and nine other countries on a watch list in an annual report designed to halt countries from manipulating their currencies to gain unfair trade advantages.

==========

i kinda understand they name Vietnam "manipulator" because it is a authoritarian commis system ---same as china

but Switzerland?? my last experience ---when USD in trouble people like to jump into Switz frank --for safety .
is that a reason they name it "manipulator"??? unsure.gif

https://www.cnbc.com/2020/12/17/swiss-centr...el-from-us.html

  Forum: Macro Factors

early birds
Posted on: Dec 18 2020, 07:05 AM


Group: Member
Posts: 13,206

Friday 18th December

Nike has managed to ride out the pandemic relatively well with sales bouncing back after initially falling at the start of the covid outbreak. In Q4 Nike posted a loss of $790 million on revenues of $6.31 billion owing to lockdowns across Europe & US, after lockdown in China.

Digital
Q1 was much more encouraging thanks to a sharp rise in digital sales of 82% as Nike was quickly able to shift its focus to digital sales. Whilst Nike isn’t immune from the troubles faced by bricks and mortar retailers, it is driving its business in a way that surging digital sales could more than offset those declines.

China
With the Chinese economy showing strong signs of recovery, sales in China are expected to pick up too. China added 6% growth in Q1 - investors will be hoping for the trend to continue, particularly as Chinese retail sales continue to rise.

Share buy back
Nike could announce a resumption of its share buy back programme which was suspended in March to conserve cash. Nike upped its dividend in November. Should it resume its buyback programme this would send a strong message that management are confident in the outlook.
Finally any clues over holiday sales so far will be watched closely. Even as stores reopen strong digital trends are expected to remain highlighting the strength of the Nike brand

Expectations
Q2 Revenue $10.55 billion (+2.2% QoQ) and EPS $0.61c (-13% QoQ)
The figures indicate that Nike could see a jiggered path to recovery rather than a straight line higher.

Analysts expectations
Of the 28 analysts watching Nike:
Strong buy 26
Hold 2
The price target ranges from $115 - $174
Chart thoughts
Nike has surged over 43% over the past 12 months, outperforming the S&P’s 16.6% return. an impressive run hitting an all time high earlier in the month and refreshing that top today, although the rally higher does appear to be slowing..

Nike trades above its 20, 50 & 100 sma on the 4 hour chart pointing to a bullish trend. The move higher is supported by momentum, the RSI is also in bullish territory over 60, pointing northwards with still some distance to overbought territory.
=================

a US stock for someone might be interested!! ohmy.gif

  Forum: Investment Discussion

early birds
Posted on: Dec 17 2020, 09:42 PM


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Posts: 13,206

https://www.msn.com/en-au/news/other/suppor...ent/ar-BB1c0ln7

I'm not bringing up the Prime Minister, if he comes up, some people like him, some people don't, that's the nature of politics. You know, he is not immune to the opinion poll ratings that suggest he is considerably less popular than other political leaders in Scotland.

'But he is the Prime Minister of the whole country, he is the Prime Minister of the United Kingdom and he is absolutely passionate about the UK remaining a strong family of four nations together.'

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

is this caused by Brexit?? unsure.gif
if it happens , will it affecting stock market ----esp at UK market?? unsure.gif
seems Scottish is serious about it now!!

  Forum: Off Topic Chat

early birds
Posted on: Dec 17 2020, 08:08 PM


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Posts: 13,206

https://boards.sharecafe.com.au/index.php?s...c=16470&hl=

NSW Health issued a statement asking residents to work from home and avoid socialising or travel.

“To assist contact tracing and to contain any potential spread of COVID-19, we ask that for the next three days, people residing in the Northern Beaches Local Government Area take the following steps:

• Work from home and remain at home as much as possible
• Do not visit friends or relatives in aged care facilities or hospitals unless essential
• Avoid unnecessary gatherings
• Keep to your household group
• Avoid visiting high-risk venues including clubs, restaurants, places of worship and gyms
• Avoid unnecessary travel outside the Northern Beaches area.”

==============
also
French President Emmanuel Macron has tested positive for COVID-19, the presidential Elysee Palace announced on Thursday.

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

WTF!!!!!!!!!!!!!!! WITH "gold standard contact tracing" we NSW people still have to locked at home.


from premier , to health minister nsw. they all can go and get F!!!! angry.gif

  Forum: Off Topic Chat

early birds
Posted on: Dec 17 2020, 08:39 AM


Group: Member
Posts: 13,206

The SPX avoided triggering the bearish formation we’ve cited the last few days. Even when chart developments fail, they are worth noting. A failed breakdown oftentimes gives way to a strong move in the opposite direction.

2
That being the case, the SPX now is close to completing a bullish cup and handle pattern, which would have an upside target near 3,760. The NDX’s ability to hold above its recent breakout point has kept its own 13,450 target intact.

3
The RK2 has outperformed the SPX by 13.2% over the last six weeks. That’s the second best six week outperformance since the R2k’s inception in 1972… behind the +20.5% period ending 2/25/2000. We look other strong six week periods over the last 20 years. The takeaway: after a quick snap back, the R2k tends to continue to do well vs. the SPX.

4
With Bitcoin breaking above 20k, it also is completing the bullish inverse H&S formation we’ve been referencing with an upside target of 21,380.

5
Silver also is breaking out, with a short-term objective of 27.7.

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

i stick to my target for SPX 3750 before year end.. tongue.gif
silver and DAX looks on a cusp of break to upside big time, from pure TA point of view.

asx200,
seems X-mas rally coming earlier this year! US stimulus gonna coming and aussie economy looks far better than market predicts.

  Forum: Macro Factors

Poll: The Banks
early birds
Posted on: Dec 17 2020, 08:30 AM


Group: Member
Posts: 13,206

not too worried about it BobE
IMHO, today is thursday [option day] , my guess is "sell odder will be matched by buy odder at 10:00 pm" it's just game that big market maker playing.
cheer it out mate!! tongue.gif

  Forum: Investment Discussion

early birds
Posted on: Dec 16 2020, 07:35 PM


Group: Member
Posts: 13,206

https://www.msn.com/en-au/news/australia/tw...ive/ar-BB1bXxS8

Genomic testing is now being carried out to identify which country the virus originated from and therefore shed light on whether a crew member from an airline is currently infectious. The analysis may take several days.

“That will confirm with us an understanding how recent the infection is,” Chant said.

“We do keep an open mind, while we have a plausible hypothesis that this transmission may have originated from contact with international flight crew.”

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

seems can't get rid of it!!! weirdsmiley.gif

  Forum: Off Topic Chat

early birds
Posted on: Dec 16 2020, 12:10 PM


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Posts: 13,206

https://www.cnbc.com/2020/12/15/digital-mar...n-big-tech.html

https://www.cnbc.com/2020/12/15/the-fed-cou...ovish-tone.html


that two things might put little pressure on this red hot market, but this market wants to go up !!!



  Forum: Investment Discussion

early birds
Posted on: Dec 16 2020, 08:38 AM


Group: Member
Posts: 13,206

Last week's pullback witnessed little downside follow through, which helped prevent the bearish pattern from playing out. While that formation now is slightly larger after yesterday's action, there's a big difference between pausing near a key round number (3,700) and leveraging a potential top.

2
The key theme: Downside follow through has been lacking more often than not over the last number of weeks and months.

3
The SPX's Cumulative Adv-Dec Line has taken a hit recently as Value has slowed. As we know, the A/D line has been leading and/or moving with the SPX during most of the rally since March. If there's one trend that we need to persist for the market to maintain (and extend) its buoyancy, it's this.

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

the study still bullish on SPX.
but there is a potential H&S for short term trading top with neckline at 3645ish, has been avoided last's session as SPX rallied up to 3694ish, still think my target of 3750ish will be hit before year end.

asx200
did hit my TD target of 6615 instead bounced off at 6625, looking at future seems our market will have good up day today!!

  Forum: Macro Factors

early birds
Posted on: Dec 15 2020, 10:24 AM


Group: Member
Posts: 13,206

asx200 6625 as i typing, think about day trade----- 6615ish will be the target for me for today!!

  Forum: Macro Factors

early birds
Posted on: Dec 15 2020, 07:53 AM


Group: Member
Posts: 13,206

The SPX tends to do well in December, but it typically sees a mid month slowdown before finishing well. The question is whether last week's 2.2% peak to trough pullback was indeed THE slowdown before a final up leg materializes.

2
While the drawdown was minimal, it was enough to produce the first bearish pattern in six weeks. However, with Friday's downside break proving to be temporary yet again, it looks like another bear trap.

3
One indicator that still has NOT gotten overbought is the SPX's 14-Day RSI. It has been "behaving" as well as we have could hoped for at this stage, oscillating between overbought levels and its mid point.

4
Since the March lows, huge weekly VIX advances have marked short-term Volatility tops. Before last week, the VIX had gained 10% or more four prior times. It was lower the next week ALL four times with an average move of -15.4%. The SPX was higher the next week 3/4 times, with average gain of +2.5%. The full data table appears below.
============================================
so SPX still in bullish trend, just a short term trading pull back.
i thought VIX might be going up little further as people try to hedge risks during X-mas time as they holding stock positions!!?? unsure.gif

asx200 didn't test 6600--6625 zone yesterday, but i still think it will dose it today or tomorrow, as SPX weak finish last session plus some commodities price drop little bit....
on the short trade focus RIO FMG for me today!!

  Forum: Macro Factors

early birds
Posted on: Dec 14 2020, 07:50 AM


Group: Member
Posts: 13,206

https://www.cnbc.com/2020/12/13/brexit-trad...y-deadline.html

Boris J called out EU bluffing!! tongue.gif seems a deal is more likely for the Brixit !!
might see EU market pop up little bit for this.

SPX closed out last session well above the day lows, looks well intact in bullish trend.

expecting asx200 to test 6600---6625 today with cash market, as AUD pumped up big time last week!!

from TA point of view all markets looked fine with this bull run towards X-mas!!

  Forum: Macro Factors

early birds
Posted on: Dec 11 2020, 08:12 AM


Group: Member
Posts: 13,206

https://www.smh.com.au/business/the-economy...208-p56ll4.html

Yet if China is able to translate its ability to build fast trains and skyscrapers to the successful
development of iron ore projects in faraway places then Australia may face a reality check
sooner rather than later. The boycott would not need a formal announcement but it would
require China to develop production in Africa, at scale and with efficiency, that has so far eluded
everyone who has tried.

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

so, no need to worry about aussie iron ore exporting in short term with current price that over usd$150/t.
for the pure price point of view, i reckon it is little stretched!! imho though!! i will start to focus on short trades on RIO today!! it's just me!! lmaosmiley.gif [gambler]

  Forum: Macro Factors

early birds
Posted on: Dec 11 2020, 07:46 AM


Group: Member
Posts: 13,206

https://www.cnbc.com/2020/12/10/weekly-jobless-claims.html

First-time claims for unemployment insurance totaled 853,000, an increase from the upwardly revised 716,000 total a week before, the Labor Department reported Thursday. Economists surveyed by Dow Jones had been expecting 730,000.

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

that kept raging bulls at bay last night session for US market, as SPX dip a little, keep eye on the support at 3600---3625, target still at 3750 for the year end for me!!

asx200,
it's Friday, and pressure on CSL plus weak close from US market last night!!

keep eye on 6625, and 6600 for today!! imho

  Forum: Macro Factors

Poll: The Banks
early birds
Posted on: Dec 10 2020, 02:13 PM


Group: Member
Posts: 13,206

https://www.msn.com/en-au/money/personalfin...ncy/ar-BB1bNwwV

"In the near future, digital assets will serve as a collateral for all your spending — we will assign credit limits to our users based on their wallet balance. In this scenario, you can use the card to pay your bills, while keeping your digital asset portfolio (and it’s potential upside) intact," he said.

The card, along with their exchange and even their financial services products which allows customers to get loans or earn interest on their cryptocurrencies, is part of the company's efforts to create a "crypto ecosystem" that is accessible to a broad audience.

"We have created products that are designed to support those currently not using cryptocurrency, given how familiar our credit/debit card is for traditional financial users, along with our user-friendly app, Exchange, and more," Marszalek said.

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

paper money ------- plastic money----------digital money=========== create more money from thin air??

am i right?? or i'm missing something?? unsure.gif

  Forum: Investment Discussion

early birds
Posted on: Dec 10 2020, 08:17 AM


Group: Member
Posts: 13,206

a little pull back for US market last night
seems like switch from mom stock to value stock.....
from TA point of view SPX next support at 3600--3625. still have the upside target of 3750ish.

asx200 might follow US market to have little pull back
as iron ore hit usd$ 150/t, try to look at RIO FMG for short term short trade as them looked really stretched as long as SP goes!!

  Forum: Macro Factors

early birds
Posted on: Dec 10 2020, 08:06 AM


Group: Member
Posts: 13,206

https://www.msn.com/en-au/news/world/bill-g...mic/ar-BB1bNahv

https://www.businessinsider.com.au/eli-lill...navirus-2020-10

Monoclonal antibody treatments like Eli Lilly’s use synthetically manufactured antibodies similar to those produced by the human immune system and are widely regarded as the best measure for controlling the pandemic until a vaccine is widely available.

The treatment is delivered via intravenous transfusion. Antibody drugs are considered one of the most promising treatments to slow the coronavirus pandemic that’s now killed more than 1 million people worldwide.

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

fast tracking .testing, and effective treatment . that will be the key to deal with this nasty virus!! imho
  Forum: Off Topic Chat

early birds
Posted on: Dec 9 2020, 09:02 AM


Group: Member
Posts: 13,206

i reckon long index for the long run seems really works
because , that " replace". if a stock [company] not performing then it will be kick out of index and replace it with the stocks [company] has good potential to perform.
as interest at this low, bet on the index might be safer way for next few years?? unsure.gif imho though!!
  Forum: Macro Factors

early birds
Posted on: Dec 9 2020, 08:48 AM


Group: Member
Posts: 13,206

https://www.msn.com/en-au/money/other/exclu...ine/ar-BB1bKzwK

We have only two sovereign ratings (Cote d'Ivoire and New Zealand) on Positive Outlook so upgrades of any major economies currently look unlikely in 2021"


Moody's told Reuters last week that most sovereigns face a "significant negative shock" from the pandemic while S&P Global said in October that some of the world's top economies could see their credit ratings cut or put on downgrade warnings in the coming months.

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

Kiwi did good job for covid-19, got rewarded from major rating agency . is that mean Kiwi dollar gonna go up?? unsure.gif



  Forum: Investment Discussion

early birds
Posted on: Dec 9 2020, 08:05 AM


Group: Member
Posts: 13,206

My 2021 S&P500 Expectations and Price Targets

I don’t expect to see the S&P500 advance to be even among members nor do I expect to see it move in a straight line. We have had a turbulent year for strategy rotation from investors and next year will likely have some of that personality to the market. I do anticipate seeing continual growth and recovery in 2021 but with a shift from investors who will favor value and cyclicals over the growth companies.

I have a personal goal of 3900.00 by the end of the 1st quarter in 2021, and by 4100 for the 2nd quarter. By year end I would like to see 4300. Considering the average annual growth of the S&P500 is approximately 11%, it is somewhat conservative by being marginally below that statistic.

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

from one of many "pros" idea. you guys can treat it " just another thoughts"!! he based on monthly chat!!

  Forum: Investment Discussion

early birds
Posted on: Dec 9 2020, 07:55 AM


Group: Member
Posts: 13,206

Some streaks are getting long in the tooth: QQQ and the Equal Weight NDX 100 Index (NDXE) are up 10 straight days. The SPX hasn't seen a 1% decline in 12 days, one of its longest streaks in 2020.

2
Eventually, the those streaks will end, but timing a sharp, short term respite ALWAYS is challenging with an established uptrend, especially if we rely on traditional indicators.

3
In other words, we are still waiting for a SUCCESSFUL bearish pattern to materialize before throwing in the towel on this rally. We haven't had one since June in the SPX.

4
While Momentum has underperformed, it hasn't crumbled. The MTUM ETF logged its second straight new closing high yesterday and finished just shy of its 11/09 intra-day high, as well. It also punched through a bullish cup and handle formation.

5
Gold is at an important spot technically after pushing through its former breakdown level yesterday. The next test will be near 1,880, which houses the 50 Day MA and the upper threshold of a downward sloping channel.
===================

too long in tooth?? think SPX gonna hit my target soon ---3750ish

asx200, will be up at opening bell as it been carried by other major market last night!! 6725 would be the target for today [ not much from future's clossing last night]



  Forum: Macro Factors

early birds
Posted on: Dec 9 2020, 07:49 AM


Group: Member
Posts: 13,206

https://www.washingtonpost.com/road-to-reco...10c2_story.html

Plastic surgeons say business is up, partly because clients don’t like how they look on Zoom

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

what about age gracefully?? south korea is best for this thingy ?? tongue.gif

  Forum: Off Topic Chat

early birds
Posted on: Dec 8 2020, 08:47 AM


Group: Member
Posts: 13,206

We introduce a new feature today, the "Live Pattern Grid," which tracks the SPX's current bullish and bearish patterns, its breakout(down) points, price targets and the % away the index is from these points. There currently are 5 live bullish formations and zero bearish patterns.

2
With over 70% of the SPX advancing last week, the SPX's Cumulative Adv-Dec Line made yet another new high. This has been a valuable and insightful breadth indicator for many months now.

3
Key ETFs that ended last week near very important levels include MJ (Marijuana), XLK (Tech), XLE (Energy) and XLY (Consumer Discretionary).

4
While the US 10 Year Yield has made higher lows the last few months, it continues to struggle when trying to break above a key trading channel (like today). The German 10 Year Yield has been moving lower since June.

5
Credit Spreads continue to contract, with a key index we track now at its lowest levels in nearly a year.
=====================

not sure how long this extreme bullishness can last?? seems 3750 SPX [my target for short term] likely to be hit this month!!

asx200
6625 will be support for today, target 6685. might have to look at stocks to trade today!!?? unsure.gif

  Forum: Macro Factors

early birds
Posted on: Dec 7 2020, 07:40 AM


Group: Member
Posts: 13,206

What exactly is a perfect storm for the financial markets? Recently, it's been a plethora of ETFs making new highs across various sectors, groups, global regions and currencies vs just one making new lows - the US Dollar.

2
Simply stated, if this continues, we can expect these trends to remain in place, as well.

3
It's obvious that sentiment is stretched, too. This is clear within the CNN Fear & Greed Index, the Bear Oscillator, the Equity Put Call Ratio, Investor Psychology and the % of stocks trading above their short, intermediate and long term moving averages.

4
The "issue" is that overbought staying overbought is a real phenomenon. We've seen this recently, of course. We saw it for most of 2019, too, especially the 4th quarter. The best example happened from November, 2016 through January, 2018, when the SPX continued making new highs while never experiencing a drawdown worse than 3.5%.
============
SPX still in bullish trend, my target of 3750ish for short term will likely to be hit soon, not sure after that?? unsure.gif


asx200, expecting a pull back from current level, might be shallow but a pull back none the less . imho

  Forum: Macro Factors

early birds
Posted on: Dec 6 2020, 09:54 AM


Group: Member
Posts: 13,206

https://www.afr.com/policy/economy/why-aust...20201203-p56k61

The economic rebound in the September quarter confirms the COVID-19 downturn is very different from previous recessions and that recovery can be better than in the past.


In the early 1990s recession, it took two-and-a-half years for the unemployment rate to drift up from 6 per cent to 11 per cent and then another painstaking eight years for unemployment to slowly ratchet down to the pre-recession level.

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

i remember that 1990's era clearly, it's kinda hard for a lots everyday people.
my fingers is crossed for that this time our economy will come back quickly !!!

  Forum: Investment Discussion

early birds
Posted on: Dec 5 2020, 03:30 PM


Group: Member
Posts: 13,206

DocuSign (DOCU) from Director, Research Analyst Cornelio Ash and William O'Neil India Analysts Sayali Pradhan and Utkarsh Jalan.



Key points:



The stock is forming the right side of a consolidation and recently broke above a pivot of $246.80. Buy.
Excellent Q3 FY21 Results; 6% Revenue Beat, 69% EPS beat: Reported EPS of $0.22 (+100% y/y), above consensus of $0.13, and revenue of $382.9M (+53% y/y), above consensus of $361.2M.
Exceptional customer growth continues – 3x customer additions compared with Q3 FY20. DocuSign has grown its customer base at a six-year CAGR of 35% in FY14-FY20. Current customer count stands at 822K (+46% y/y), of which 113K (+64% y/y) are direct customers.
DocuSign sizes its total addressable market at $25B, based on the total number of companies and average contract value.
Guidance (midpoint): Docusign raised full-year FY21 revenue guidance by 3% ($42M), billings guidance by 4% ($72M), and operating margin by 300bps.

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

it's US stock. !! tongue.gif

  Forum: By Share Code

early birds
Posted on: Dec 5 2020, 03:11 PM


Group: Member
Posts: 13,206

https://www.afr.com/markets/equity-markets/...20201205-p56kvp

"Any dips in the broad equity market that may occur in the coming weeks based on worsening COVID cases and short-term weak economic data should be viewed as buying opportunities."

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

i'm for one in doubt for this " buy the pull back " strategy , but from pure TA trading -----it is right way! so i'm kinda confused !! unsure.gif

  Forum: Investment Discussion

early birds
Posted on: Dec 4 2020, 08:11 AM


Group: Member
Posts: 13,206

In retail, Focus List name $BABA will be affected by the legislation. We note CEO Maggie Wu’s comments on an earnings call on May 22, where she stated that $BABA would endeavour to comply with legislation that seeks to bring greater transparency for US based investors. The stock is FLAT pre-market; Hold. Although technical metrics have deteriorated slightly over the past couple of weeks (Up / Down volume ratio below 1.0; RS Rating 59 from 89) the stock still has good support at the 200-DMA, at around $243.


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

it's a US listing thingy for chinese stocks as USA try to make some hard ball for them. people trading with US market might have chance to make something out of it [ long or short}

tongue.gif

  Forum: By Share Code

early birds
Posted on: Dec 4 2020, 08:03 AM


Group: Member
Posts: 13,206

top 5 biggest mistakes in trading and what to do about them!
In this tutorial, Alistair Schultz discusses:
Mistake 1 - overtrading
Mistake 2 - trading emotionally
Mistake 3 - having grandiose expectations
Mistake 4 - chasing the Holy grail
Mistake 5 - getting married to your position
What to do about them

======================================
https://www.acy.com/en-int/market-analysis/...emailyoutubevid

to me , it worth your 8 minutes to look at video
those mistake i still make it from time to time even i start trading market over 20 years by now [[ sort of human nature to over come]
i guess you guys see a lot of these type of advice , non of them can perfectly address it, it's all depend on yourself control in the end!!

  Forum: Macro Factors

early birds
Posted on: Dec 4 2020, 07:56 AM


Group: Member
Posts: 13,206

DR Global Outlook Call:

Alejandra Grindal (Macro Strategist)

Recession probability at below 5% for 2021 unless the COVID situation greatly worsens
Pent up demand is there, expecting 5.8% in GDP growth in 2021
More stimulus from both US and EU expected
EU at risk of double dip because of increased lockdowns. Dependent on service sector (hospitality, tourism)
China has recuperated COVID-19 economic losses as they are not as service oriented
Demographics put a damper on global growth in the near term
Tim Hayes (Global Outlook)

Market has responded favorably to liquidity and stimulus and pricing in growth for 2021
Want to see ACWI markets broaden out above 200 day AVG for confirmation
Overweight equites and underweight bonds and cash
Starting to see reflation and increased yields. Equities therefore much more attractive versus bonds
Earnings expectations are getting revised higher so should see the ACWI index follow
Inflation expectations will be key to sustain the market outperformance
Dollar will continue to underperform
Emerging market currencies are hitting new highs
Gold is correcting and is now at extremely pessimistic sentiment levels. Could be washed out.




Ed Clissold (U.S. Outlook)

Expecting a strong first half for the U.S. stock market but a weaker second half due to eps slowdown and all good news priced it at that point. Will GDP underwhelm?
3900 year end target with perhaps an overshoot to that target in the first half of the year
Earnings expected to grow 37.5% for 2021
Median P/E is elevated right now at 30 so he’s expecting a bit of multiple contraction
Expecting outperformance in small ca­­p value


Joe Kalish (Fixed Income Strategist)

Spread between treasuries and bunds is widening out so bond investors should hedge currency risk
Fed may boost bond purchases to contain rise in 10 year notes to avoid future taper tantrums
Feds share of TIPS outstanding has more than doubled to 19% and expects that share to rise
Steeper curve is evident over the last 4 months but need longer dated credit to increase to widen out the global curve
i/g credit continues to outperform. High yield still attractive
Likes emerging market credit as they approach long term tight spreads
Long euro periphery debt


Ned Davis

Fed remains very accommodative (don’t fight the fed) and TINA
Sentiment is stretched, however, and could pressure long term returns as a lot of good news has been priced in
Q & A

Ned Davis and Ed Clissold are not worried about the recent news of China shares potentially being delisted, yet. Will continue to monitor and increased transparency will be a positive overall. The econ cold war between U.S. and China may continue but Biden probably softer on China
Ed’s view on the financial sector is that it’s the biggest value sector. The yield curve steepening will be a positive for financials. Tactical trade at best.
Tim feels Gold will be negatively impacted if real interest rate turn positive, but still feels it’s oversold in an uptrend. Could be a buying opportunity as market participants are overly pessimistic. Dollar weakness also a positive for Gold
Joe feels that real yields will remain deeply negative as the fed continues to intervene
Alejandra’s inflation outlook remains contained as the output gap persists and demographics are a drag. Joe feels that inflation in the U.S. will be around 2.2%, so moderate outlook. Does not think inflation will be a problem for several years
Due to historical excess valuations, is the market outperformance borrowed from future years? Not if earnings come from through according to Tim. Ed feels we are still in the multiple expansion stage and elevated because of COVID and that equities should grow into their valuations next year
Favored sectors are financials, industrials, healthcare and materials by the team. Politically green energy should do well under a Biden administration and infrastructure plays.
Bitcoin outlook. Tim says It is a totally uncorrelated market. Volatility will remain elevated. Play it short term based off of the volatility. Not enough historical data to have a decisive outlook. Requires an iron stomach. Joe thinks there is a lot of institutional momentum behind as companies are adopting it and it’s becoming more mainstream and legitimized. Feels it’s a nice diversification tool as it’s uncorrelated
Which regions should outperform? Tim feels Europe should outperform as it’s been the hardest hit and Latin America too as commodities will outperform as global growth improves with a vaccine

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

just few "pros" idea or analysis . DYOR as always.
market is really bullish atm , but it can turn really fast, make sure be able to amid wrong{ by stoploss], protect trading capital!!
  Forum: Investment Discussion

early birds
Posted on: Dec 4 2020, 07:43 AM


Group: Member
Posts: 13,206

Mandatory testing of staff at quarantine hotels still not in place
Urgent genome sequencing and contact tracing continue after a south-west Sydney woman who worked at a quarantine hotel contracted COVID-19.

The woman, who worked at the Novotel and Ibis hotels in Darling Harbour from Friday, November 27, to Monday, did not have direct contact with infected overseas quarantine patients.

It has also been revealed mandatory testing of all staff is yet to be rolled out across all Sydney quarantine hotels.

NSW Health told the ABC it was still working to implement weekly testing at its police-run hotels.

A health alert to self-isolate and be tested has been issued for people who travelled at particular times by light rail between Convention and Central and by train between Minto, Lidcombe and Central between the Friday and Monday.

https://www.msn.com/en-au/news/australia/sy...ngs/ar-BB1bBHe3

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

I'M NOT SURE HOW HARD TO IMPOSE THE RULES????????????????? weirdsmiley.gif
  Forum: Off Topic Chat

early birds
Posted on: Dec 3 2020, 09:43 AM


Group: Member
Posts: 13,206

Price action continues to be strong. That's the number one factor, and we continue to stand behind it for as long as it lasts.

2
Among some of the extreme bullish readings we monitor, for the first time since we've been tracking it, at least 80% of the SPX, NDX and RTY components are trading above their 20, 50 and 200 Day MAs simultaneously.

3
The US Dollar now is down 11% from its March highs, which is the second worst drawdown since 2011. Only the January, 2017 - February, 2018 decline was worse at -14%. The start of both declines happened near the 103 level. In 2018, it found a floor near 89. The USD is getting closer to that major support zone again now.

4
When the Dollar bottomed in 2018, global indices began to visibly underperform the US. This divergence lasted until the fourth quarter when the SPX finally caught "down" to the rest of the world.

5
The bottom line is that is many European and Asian indices had record months in November. A continued falling Dollar helped them a major way. If the Dollar suddenly reverses course like it did in 2018, it will be challenging for many global indices to hold these lofty price levels, at least in the short-term.


==================
the study shows connection between currencies and index movement, or some sort!! unsure.gif
to me SPX going up in short term, major market are really bullish!!

asx200 is benefiting from these bullishness and refuse to retreat !! seems stay long is the only way to go for this market!!

  Forum: Macro Factors

early birds
Posted on: Dec 3 2020, 09:36 AM


Group: Member
Posts: 13,206

https://au.yahoo.com/news/coronavirus-nsw-2...-210602703.html

NSW has ended its 25-day streak of no new locally acquired COVID-19 cases after a hotel quarantine worker tested positive for the virus.

Health Minister Brad Hazzard confirmed on Thursday morning a female worker at the Novotel and Ibis hotels in Darling Harbour had tested positive.

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

i'm speechless !!!!!! sadsmiley02.gif
  Forum: Off Topic Chat

early birds
Posted on: Dec 2 2020, 11:34 AM


Group: Member
Posts: 13,206

TLS finally drop through first support,
next two important level 3.00, and 2.88. on charts.

  Forum: By Share Code

early birds
Posted on: Dec 2 2020, 08:21 AM


Group: Member
Posts: 13,206

The Bottom Line:
1
We can view the current set up in two very distinct ways: The SPX's 11% rally this month is huge and can't be sustained, let alone extended upon, over the next four weeks. OR: The SPX is just +1.6% over a three month period (from September 2nd), with a lot further to go.

2
The SPX continues to leverage a very solid foundation. That has had (and continues to have) bullish implications, as the various constructive chart formations clearly show.

3
Short-term, all of this great price action has resulted in some extended indicator work. One example is the 10 Day MA of the Equity Put Call Ratio.

4
The BEST case scenario for December would be seeing the market digest the recent action, with the SPX preferably staying above 3,500 - just like it did earlier this month.
==============

it is one of calculated study for SPX . sound like bullish but will have a little consolidation first!!
from TA point of view SPX is targeted 3745ish this month. but we all know how reliable the TA is these days!! weirdsmiley.gif


asx200 will be on the watch, if banks and miners have another go to the upside then 6700 will be over come . but i doubt it!!

  Forum: Macro Factors

early birds
Posted on: Dec 1 2020, 04:00 PM


Group: Member
Posts: 13,206

sitting on the fence watch it running higher all day. weirdsmiley.gif

this market is really unstoppable !!

  Forum: Macro Factors

early birds
Posted on: Dec 1 2020, 08:35 AM


Group: Member
Posts: 13,206

only EU market looked well last night's session, i guess a lot short term money flock into that market.
US market ----not too bad it rallied up from the low. closed well!!

asx200 might have a test at 6500ish as round number for a lot of options, warrents to be issued there, also it is a support.

keep eye on it for me , still sitting on fence!!

  Forum: Macro Factors

early birds
Posted on: Nov 30 2020, 05:52 PM


Group: Member
Posts: 13,206

as i pointed out this morning before the bell "asx200 future is up as well. i won't chase it higher from here [just me]!! support is 6600 for today!!"

i saw the move when asx200 hit through 6600 support. short term trader start to selling everything, amazing, it is last date of the month.

currently i see other major market cooling off from overbought condition , how low it can drop is unsure story atm
just too much headline news all over the places!!

  Forum: Macro Factors

early birds
Posted on: Nov 30 2020, 08:03 AM


Group: Member
Posts: 13,206

no major event happen since thanks giving till now...

so we see SPX future popped up, seems unstoppable to the up side, even most of indicators at overbought line.

asx200 future is up as well. i won't chase it higher from here [just me]!! support is 6600 for today!!

  Forum: Macro Factors

early birds
Posted on: Nov 30 2020, 07:55 AM


Group: Member
Posts: 13,206

Citi assesses the company is now conservatively provisioned after its capital raising. The perception that Insurance Australia is a quality play in the sector is somewhat dented, in the broker’s view.

Estimates for earnings per share are reduced for FY21 by -102% to allow for new business interruption provisioning and the equity raising. Citi downgrades to Neutral from Buy and lowers the target to $5.70 from $6.25.

Sector: Insurance.

Target price is $5.70.Current Price is $5.46. Difference: $0.24 – (brackets indicate current price is over target). If IAG meets the Citi target it will return approximately 4% (excluding dividends, fees and charges – negative figures indicate an expected loss).

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

from our own sharecafe...
  Forum: By Share Code

early birds
Posted on: Nov 28 2020, 08:06 AM


Group: Member
Posts: 13,206

https://www.hitc.com/en-gb/2020/11/26/donald-trump-maradona/

Very sad to hear about the death of Madonna. A great person. Her music was wonderful. I remember listening to her albums in the early 1980s. Rest In Peace!” reads the alleged tweet.

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

a fake is a fake!! truth always come out in the end!! but why the hell tweetter not block this !!??

  Forum: Off Topic Chat

early birds
Posted on: Nov 27 2020, 08:35 AM


Group: Member
Posts: 13,206

asx200 come off the boil yesterday
looks weak as well at opening. as US market closed for holiday.

6600should be hold if not, then look down to 6550---6560ish for up side support!!
it is Friday, and US market closed for holiday----- suppose we will have a lack lackluster day today!!

  Forum: Macro Factors

early birds
Posted on: Nov 26 2020, 08:39 AM


Group: Member
Posts: 13,206

happy thanks giving!! if someone living in USA.

as US market in holiday ,
asx200 might have thinner volume erratic move if something happening during two session.

otherwise asx200 might grind higher from here!!

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

The Bottom Line:
1
The recipe has been for the SPX to leverage periods of consolidation, breakout and repeat. That very simple, yet powerful, phenomenon has just taken place again over the last two weeks, with yesterday's action providing the latest pattern breakout. The target is up near 3,745.

2
During an uptrend like this, timing the next pullback is challenging. That being said, we should still address the indicators when the pendulum swings from one extreme to the other.

3
In particular, the % of S&P 500 stocks with overbought 14-Day RSI readings and the % trading above their 20 Day Moving Averages are both near 2020 extremes. The CNN Money Fear & Greed Index is flashing EXTREME Greed, as well. It's at a level of 88, the highest since early February.

4
The price action remains strong, bullish patterns continue to work, breadth is robust and seasonality is supportive. That's all undoubtedly bullish, but it's also produced these stretched indicator measurements, which puts some pressure on the market's short-term risk-reward profile.
===================

DYOR as always !
  Forum: Macro Factors

early birds
Posted on: Nov 26 2020, 08:22 AM


Group: Member
Posts: 13,206

https://www.afr.com/world/south-america/die...20201126-p56i1j

World soccer great Diego Armando Maradona, who died on Wednesday less than a month after his 60th birthday, was worshipped like a god for his genius with the ball, but his demons almost destroyed him

A magician with the ball - deceptively quick and a visionary passer - Maradona is considered by some as the greatest soccer player ever,

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

geez!! "hand of god" already 60!!
still remember , when i'm a young mug, i'm huge fan of him. time is flying!! sigh!! sadsmiley02.gif

  Forum: Off Topic Chat

early birds
Posted on: Nov 25 2020, 09:40 AM


Group: Member
Posts: 13,206

good job nipper graduated.gif

not sure how long this bullishness can last??

it's like screaming hot atm..

  Forum: Macro Factors

early birds
Posted on: Nov 25 2020, 08:07 AM


Group: Member
Posts: 13,206

really thought SPX gonna retests 3500ish or little lower before 26th/11
but as trump team start to do little transit to Biden team, that news plus Yellen will get the job, really drive the market up!

=================
The Bottom Line:
1
The vast majority of names that are NOT Mega Cap Tech stocks have kept the SPX near its highs. The RSP Equal Weight S&P 500 ETF has benefited even more. As noted in last night's Ten Tidbits piece, since the close of 11/06, the RSP is +7.6% vs. 2.1% for the SPX.

2
The consistent passing of the leadership baton has completely shifted to "the field" this month. Given the long-term RSP vs. SPX downtrend - which started in 2016, accelerated in 2019 and then became an all out crash in 2020 - it's clear how the recent relative strength still could be in the early stages. See charts below.

3
The bottom line is that the vast majority of ALL stocks are moving higher in unison. And that's why it continues to be important to focus on breadth. The SPX's Cumulative Adv-Dec Line has been leading for MONTHS. And if there's been one constant from October through November, it's been that.

4
Since 8/6, the GDX Gold Miners ETF is -25% vs. +6.7% for the SPX. It's now close to testing April's major breakout point (30).
==============

looks bullish as ever!!
  Forum: Macro Factors

early birds
Posted on: Nov 25 2020, 08:03 AM


Group: Member
Posts: 13,206

https://au.yahoo.com/news/coronavirus-sa-di...-202341916.html

New regulations for hotel staff
Mandatory and regular Covid-19 testing for workers in Adelaide's quarantine hotels has come into force after a dangerous cluster of cases linked to a cleaner who passed the virus onto her family.

The new direction came into force on Wednesday requiring police, SA Health officials, defence force personnel, and all employees and contractors working in the quarantine hotels to be tested weekly.

The rule includes all cleaning and security staff.

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

why they didn't have the rule before?? unsure.gif

  Forum: Off Topic Chat

early birds
Posted on: Nov 25 2020, 07:48 AM


Group: Member
Posts: 13,206

expecting asx200 to move up to hit 6700 ---the round number today.
all market are really hot atm.. keep longs!!

  Forum: Macro Factors

early birds
Posted on: Nov 25 2020, 07:43 AM


Group: Member
Posts: 13,206

Wall Street closes at record high
Reuters

US stocks rallied on Tuesday and the Dow breached the 30,000 level for the first time, as investors anticipated a 2021 economic recovery coronavirus vaccine progress and the formal clearance for President-elect Joe Biden's transition to the White House.

Each of the 11 major S&P sectors were higher, economically sensitive stocks such as the financials, materials and energy names, while industrials hit a record.

President Donald Trump finally gave the green light for the formal transfer of power to begin on Monday, a process that was delayed for weeks despite Democrat Joe Biden emerging as the clear winner in the US elections. The General Services Administration told Biden he could formally begin the hand-over process.

Sentiment this week was also boosted by reports that Biden planned to nominate former Federal Reserve Chair Janet Yellen as Treasury Secretary, which could shift the focus heavily toward efforts to tackle growing economic inequality.

Recent data suggesting a COVID-19 vaccine could be available before the end of the year has put the S&P 500 on course for its best monthly performance since April and sparked demand for value-linked stocks that were hammered following the coronavirus-driven crash earlier this year.

"A little bit of decreasing uncertainty on the election front, the market seems pretty favorable on the Yellen announcement, it just seems like one of those good days where all things are moving a little higher," said Ross Mayfield, investment strategy analyst at Baird.

"If 2020 has shown us anything it is that stock markets have a tremendous ability to look past bad news if there is sun on the horizon."

Unofficially, the Dow Jones Industrial Average rose 454.57 points, or 1.5 per cent, to 30,045.84, the S&P 500 gained 57.82 points, or 1.6 per cent, to 3,635.41 and the Nasdaq Composite added 156.15 points, or 1.3 per cent, to 12,036.79. The Dow rose as high as 30,116.51 during the session.

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

really thought the US market gonna consolidate before 26th/11 their thanks giving holiday. i got wrong. it just keeps go higher on the back the news!!

  Forum: Investment Discussion

early birds
Posted on: Nov 24 2020, 09:07 AM


Group: Member
Posts: 13,206

seems they start to shift money toward EU again.

"thanks giving" is a big date in USA at 26th/11. so US market is in "holiday mood"!!

for short term [this week} long EU market might be idea??


asx200 should be long as well as we don't have much "thanks giving spirit here"!!

  Forum: Macro Factors

early birds
Posted on: Nov 24 2020, 09:02 AM


Group: Member
Posts: 13,206

https://www.cnbc.com/2020/11/23/biden-choos...-secretary.html

President-elect Joe Biden has chosen former Federal Reserve Chair Janet Yellen as Treasury secretary, a historic decision that could make her the first woman to lead the department, according to people familiar with the matter.

Yellen, 74, is widely seen as a politically “safe” pick for the role, likely to garner support from Senate Republicans as someone capable of pursing bipartisan compromise during an otherwise fragile time for the economy.

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

holly molly... IF Biden on the job [ looks most likely] then there will be loose money policy for next 4 years!! imho.
we have adjust investment strategy on that do we??!!

  Forum: Off Topic Chat

early birds
Posted on: Nov 23 2020, 08:37 AM


Group: Member
Posts: 13,206

SPX keeps consolidating
and asx200 looks holds well as future points out another small gain today!!


as financial big mining stock heavy weighting on the asx200 index. i guess asx200 would be good relatively to other major market!!

  Forum: Macro Factors

early birds
Posted on: Nov 23 2020, 08:25 AM


Group: Member
Posts: 13,206

The pandemic has severely hit Dyno Nobel Americas’ ammonium nitrate volumes with the impact most pronounced in coal/metals markets.

Base and precious metals volumes were impacted by mine closures in Canada while iron ore production was cut due to reduced US steel demand. US coal markets were impacted by the significant drop in gas prices.

Incitec Pivot highlights base and precious metals volumes are recovering along with the recent increase in the US gas price hinting a recovery in coal volumes.

The broker notes Incitec’s earnings are sensitive to changes in the global fertiliser prices. These prices have increased by circa 20% and 15% and the company has a positive outlook underpinned by better global agricultural conditions and trade flow redirection.

UBS retains its Buy rating with a target price of $2.40.

Sector: Materials.

Target price is $2.40.Current Price is $2.25. Difference: $0.15 – (brackets indicate current price is over target). If IPL meets the UBS target it will return approximately 6% (excluding dividends, fees and charges – negative figures indicate an expected loss).
=======

from our own sharecafe----- good defensive stock i reckon.
  Forum: By Share Code

early birds
Posted on: Nov 21 2020, 05:50 PM


Group: Member
Posts: 13,206

DJ Tesla Stock Will See Demand From More Than Just Index Funds. Here Are the Stocks That Might Suffer. -- Barrons.com
Friday, November 20, 2020 06:39:24 PM (GMT)



By Al Root

Goldman Sachs says some mutual funds will have to add Tesla stock to keep up with benchmark returns, now that the electric-vehicle pioneer will join the S&P 500 index. That's more demand for Tesla shares above and beyond what S&P 500 index funds have to buy. And, as is the case with any stock portfolios with relatively fixed assets, funds buying Tesla shares have to sell something to make room.

The indexers, of course, are adding Tesla stock (ticker: TSLA) to portfolios because Tesla is going into the S&P 500 on Dec. 21. That decision came down on Monday.

The news has sparked a bit of a buying frenzy of Tesla stock this week. Traders have snatched up shares in advance of index purchases, hoping to unload them at a higher price as Dec. 21 approaches. Tesla stock is up about 20% for the week and hit a new 52-week high of about $508 a share on Thursday.

The Goldman Sachs (GS) portfolio strategy research team pointed out in a Friday report that of the 189 mutual funds tracked that invest in large-capitalization stocks, 157 of them didn't hold Tesla shares at the start of the fourth quarter.

That's quite a revelation: Tesla is a very large-capitalization stock and not easy to miss. It's the world's most valuable auto maker and will likely enter the S&P 500 as one of the top 10 stocks, measured by market value.

One reason some funds don't hold stock in the EV behemoth is that Tesla stock's performance -- without being a part of the S&P indexes -- doesn't affect the benchmarks those funds use. There is less pressure to own a highflying, highly valued stock if it doesn't affect a fund's performance versus its competition daily.

Keeping up with a benchmark is a daily grind for active mutual-fund managers, so managing stock positions that aren't in a benchmark is a headache many appear not to want.

Goldman calculates demand for Tesla stock of about $8 billion if those large-cap mutual funds buy the benchmark weighting of Tesla -- in addition to what index funds will be buying.

Tesla stock routinely trades more than $20 billion in value on a given day, so the $8 billion figure isn't all that large -- especially compared with the tens of billions needing to be purchase by passive index funds. Still, it is more demand for shares that Tesla bulls and aggressive traders will try to capitalize on in coming weeks.

Goldman also listed some of the most over-owned stocks -- relative to benchmark weighting -- held by the same funds. They include: Visa (V), Mastercard (MA), Citigroup ©, Adobe (ADBE), Medtronic (MDT) AIG (AIG), TE Connectivity (TEL), Charles Schwab (SCHW), Comcast (CMCSA), and Lowe's (LOW). Selling those 10 stocks might be a small source of funds for managers buying Tesla in coming weeks.

Most of the time, any projected impact from index reshuffling would be temporary and largely a nonevent. But as always, Tesla stock tends to be an exception to the rule. Its moves often are larger than most -- which means that any event that affects trading can make the potential amount of money made -- or lost -- very significant.
================
  Forum: Investment Discussion

early birds
Posted on: Nov 20 2020, 12:02 PM


Group: Member
Posts: 13,206

https://daicompanies.zoom.us/rec/play/PV-SQ...x_zm_rhtaid=988

Index Overview: S&P 500 and Nasdaq

Focus List ideas: CRWD, OKTA, TWLO, AMD, MELI, BJ, LULU

Watchlist ideas: COUP, CRM, FISV

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

  Forum: Investment Discussion

early birds
Posted on: Nov 20 2020, 07:48 AM


Group: Member
Posts: 13,206

The Bottom Line:
1
The SPX now is back near the top of its former trading range. While slightly discouraging, the prior trading range breakouts in 2020 weren't emphatic in the early stages either. Thus, simply holding near the upper edge of this range would be encouraging.

2
The SPX remains close to its Upper Bollinger Band, as well. While we don't need (nor expect) the index to ride the UBB for weeks at a time, if the SPX can respect the center line (the 20 Day MA) during pullbacks, the uptrend will remain in place.

3
While the Equity Put Call Ratio's 10 Day Moving Average remains historically depressed, it has oscillated between the low 40s and the high 50s since early June. It's now near the low part of that range, which has coincided with short term pullbacks.

4
The XLE Energy Sector ETF is at a key juncture now from various perspectives. In particular, both its daily and weekly 14-Day RSI indicators are at levels that have marked tops over the last few years.
=============================

it's Friday and SPX dropped more than 10 points as i'm typing .

asx200, to days it didn't going to the down side , got me little confused!! unsure.gif one thing i won't do is to chasing this market higher. on the fence for me today, hope you guys can give some view on the market!! tongue.gif

  Forum: Macro Factors

early birds
Posted on: Nov 20 2020, 07:30 AM


Group: Member
Posts: 13,206

Rotation has taken a firm hold on the investment thinking of big global managers, according to the Bank of America/Merrill Lynch survey for November.

The survey shows a net 24% of fund managers thinking that value stocks will outperform growth stocks, and a net 21% saying that small-caps will outperform large-cap stocks.

A net 91% say the economy will be stronger in the next 12 months. That’s in the face of the surging infection numbers and deaths in the US and across Europe.

Fund managers though are ignoring this grim reality (expecting vaccines to sort everything out) and positioning themselves with a big move into small-cap and emerging markets. They are underweight cash and staples.

News that two coronavirus vaccines have been effective (95%, Pfizer said on Wednesday for its product) — as well as the US election result (and despite Donald Trump’s refusal to accept the outcome) — have seen a big switch into energy, financial , and travel stocks.

The technology-heavy Nasdaq Composite is still registering gains — it ended at a record on Monday — but no longer is leading the market as investors sell down megatechs (as Warren Buffett did in the September quarter, disposing of 37 million Apple shares to help fund a near $US8 billion move into pharma and healthcare stocks).

A total of 216 panelists running $US573 billion in assets under management participated in the survey, which ended on November 12, which was after drugmaker Pfizer announced its vaccine effectiveness but before biotech Moderna did.

==============
  Forum: Investment Discussion

early birds
Posted on: Nov 20 2020, 07:28 AM


Group: Member
Posts: 13,206

The general insurance sector has been dealt a major blow with a NSW Court of Appeal decision that, if not overturned in the High Court, will see a surge in losses caused by payouts to policyholders who made claims due to the impact of the pandemic under business interruption policies held with insurers.

Suncorp reckons its maximum claims total was $195 million, QBE says it has liabilities and Insurance Australian Group had its shares suspended and hinted that it might need a capital raising to handle the impact.

IAG shares didn’t trade yesterday after closing at $5.46 on Wednesday.

IAG is expected to update its statement sometime today. The suspension lasts to Monday.

QBE shares fell nearly 4% to $10 and Suncorp shares lost 3% at $9.43.

Public-facing businesses forced to close due to coronavirus related lockdown restrictions, including restaurants, bars, and gyms, are among those likely to have Business Interruption (BI) policies.

The NSW Court of Appeal court found pandemic exclusions in business interruption policies were not valid, due to the botched policy wording used by major insurers.

The court found business policies that reference an outdated Act of Parliament must be compensated.

Major insurers all use the outdated Act in their BI policies which could mean the insurers are on the hook for hundreds of millions in payments.

Insurance giant QBE yesterday acknowledged its loss in the NSW Supreme Court of Appeals, after the shock judgement was handed down on Wednesday night.

QBE said in its statement that each business interruption claim would likely be limited to $5 million.

“Notwithstanding the ruling, QBE notes that the particular wording of QBE business interruption policies require a number of policy triggers to be met in order for policyholders to be entitled to indemnity for business interruption,” QBE said in a statement to the ASX on Thursday morning.

The Insurance Council of Australia ran the test case with confidence the court would rule in the insurance industry’s favour.

QBE says the ICA was now looking at launching another case.

The second test case would seek to “provide clarity on whether policy coverage triggers in certain business interruption policies, including QBE business interruption policies, are satisfied in the unprecedented circumstances of COVID-19″, QBE said.

================
it's getting ridiculous!!

  Forum: By Share Code

early birds
Posted on: Nov 19 2020, 03:44 PM


Group: Member
Posts: 13,206

https://www.cnbc.com/2020/11/19/wuxi-biolog...treatment-.html

Chris Chen, chief executive officer at China’s WuXi Biologics, expects approval for a Covid-19 antibody treatment either “late this year or early next year, ” he told CNBC.

WuXi Biologics, which sells outsourced laboratory and manufacturing services to biotech companies, has signed several deals with clients to research antibodies for delivering coronavirus treatments.

“We are working on 10 neutralizing antibodies and also on one Covid-19 vaccine. Some major progress is going on with these treatments,” he told Emily Tan, speaking to CNBC as part of the annual East Tech West conference.

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

if they can show it's safe and effective -------then it'll be the game change, because people not gonna fear to caught the virus anymore [ will be treated and won't die from it]. just like that swine flu treatment few years ago. fingers crossed!!

  Forum: Off Topic Chat

early birds
Posted on: Nov 19 2020, 09:05 AM


Group: Member
Posts: 13,206

The question they have to ask themselves iis this: is being subservient to western imperialist culture better or worse than being subservient to Chinese Imperialist Culture?

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

as they just singed RCEP with china
my guess is they try to do what Aussie did for last 30 years, benefit from both side and still keep themself independent.... nice move but will it last this time?? unsure.gif

  Forum: Investment Discussion

Poll: The Banks
early birds
Posted on: Nov 19 2020, 08:56 AM


Group: Member
Posts: 13,206

Old favourites, bank shares returned to the fore on the ASX yesterday after the key regulator APRA revealed that its clamp-on dividends would be eased.

The ASX financial sector outperformed with a gain of 1.7% (the ASX 200 was up 0.5%) taking the sector to an eight-week high.

The surge by bank stocks helped the ASX 200 to the highest close in 9 months.

Australian Prudential Regulation Authority head, Wayne Byers told a Sydney finance conference that it was time to reconsider a cap on bank dividend payouts that currently prevents banks paying more than 50% of earnings to shareholders.

He said in his speech that the economic outlook had improved enough for the regulator to re-examine the cap on bank dividend payouts.

“We have deliberately never put in place guidance for a long period of time,” he said.

“Obviously we will be minded how the situation has evolved.

On the whole, I think the outlook has improved, bank capital has certainly increased, the economic situation looks more positive. I think it is time we look at the issue again.”

His comments saw bank shares rise strongly.

Shares in the Commonwealth Bank were up 2.9% to $77.55, the highest closing price since March 3. Westpac shares added 2.3% to $19.45, NAB shares added 2.1% to $22.29, and ANZ shares were up 1.3% at $22.01 at the close.
  Forum: Investment Discussion

early birds
Posted on: Nov 19 2020, 08:43 AM


Group: Member
Posts: 13,206

The A2 Milk Company fell yesterday despite the company reaffirming earlier revenue guidance for the half-year to December and the June 30 full year. (it was one of the few companies to do so).

The shares fell 4.8% to $13.98.

The September guidance was to expect first-half revenue of $NZ725 million to $NZ775 million and full-year revenue of $NZ1.80 billion to NZ1.90 billion. An EBITDA margin of around 31% is also expected.

However, it has warned that its full-year guidance is dependent on an improvement in the daigou channel and continued growth in its China label business, which seems to be why the shares weakened yesterday.

Chairman David Hearn told the meeting:

“We did also anticipate that there would be continuing short term softness in retail daigou, primarily due to reduced tourism from China and dramatically fewer international student numbers.

“However, we did not anticipate the strict and prolonged lockdown in Victoria which has impacted our corporate daigou/reseller channel significantly.

“As a consequence, with weakness in pricing and uncertainty for the duration of the lockdown, we have seen a significant downturn in this channel, and whilst we believe it will ultimately be temporary, it will have an impact on our performance this year, which we made clear to the market as soon as the extent became apparent.

And then there’s the pandemic:

“However, due to the volatility arising from COVID-19, and the difficulties this presents with forecasting, naturally there is uncertainty to this forecast,” CEO Geoff Babidge told the AGM yesterday.

But the company remains confident of the 2020-21 outcome.

“We continue to observe strong underlying brand health metrics, in particular in China, including market share expansion, and growth of brand awareness and loyalty measures.

“This gives us confidence that, notwithstanding the current headwinds, the fundamentals of the business over the medium term remain sound,” the meeting was reassured.

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

still think it will going under 10 bucks within 6 months. unsure.gif
  Forum: By Share Code

early birds
Posted on: Nov 19 2020, 08:40 AM


Group: Member
Posts: 13,206

Germany - Like so many other European indices, the DAX is trying to form a bullish pattern after the huge snap back the last few weeks. It's doing so right under the same resistance zone that it was unable to puncture multiple times earlier this year. So far, so good...

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

those major market will follow SPX to have some size pull back , but still really bullish--just consolidate


asx200, still think that 6475 today. as future will start at 6500 at opening bell i guess!!

  Forum: Macro Factors

early birds
Posted on: Nov 19 2020, 08:34 AM


Group: Member
Posts: 13,206

china still hold huge chunk of US debt even it reduce it slowly!

there is main thing that i look at is US 10 years movement , if the yield jumped out of normal, then i reckon the hot war between the two likely to start with TAIWAN
i leant that USA has the law to confiscate it's enemies assets in USA. so if china gonna attack Taiwan, more likely they will sell their holdings in US debt market first
is it logical???

that is how i look at these things!! if there is a hat war start, then short everything that moves first. worry about them late !!

  Forum: Investment Discussion

early birds
Posted on: Nov 19 2020, 08:20 AM


Group: Member
Posts: 13,206

https://seekingalpha.com/news/3637429-tesla...e=seeking_alpha

===========

it is about TSLA , but i don't know how to open the link that friend of mine sent to me!! i'm still stupid with computer. sorry!! blush.gif

  Forum: Investment Discussion

early birds
Posted on: Nov 19 2020, 08:01 AM


Group: Member
Posts: 13,206

https://www.msn.com/en-au/news/world/latest...rus/ar-BB1b8R9Q

Australia reported a highly contagious virus strain which forced a state-wide lockdown.

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

premier Gladys only busy to F£$% others that include NSW's people!!! our safety and life for her is nothing!! weirdsmiley.gif why the hell i voted her last time???

i have not forgot Ruby princes , new march house, eg.......
  Forum: Off Topic Chat

early birds
Posted on: Nov 18 2020, 08:13 AM


Group: Member
Posts: 13,206

https://www.msn.com/en-au/news/australia/so...ots/ar-BB1b4VZQ

The ages of South Australia's new coronavirus cases range from in their teens to in their 50s and all of them have very mild symptoms or none at all.

Thousands of South Australians have been tested in the last 24 hours with most people waiting hours in long lines.

Some turned up to testing sites hours before opening to secure their place in line and ensure they were seen by health staff.

===========

not happy that weak up in the morning to see this!!! weirdsmiley.gif

  Forum: Off Topic Chat

early birds
Posted on: Nov 18 2020, 08:02 AM


Group: Member
Posts: 13,206

ASIC raises hell after another ASX component fails
Vesna Poljak

The Australian Securities and Investments Commission has unloaded on the ASX for a second day, articulating its concern with the performance of the market's main infrastructure and warning the market operator that its licence could be hit with "further actions".

The ASX's comeback from the longest outage in four years did not go as smoothly as hoped on Tuesday and was impeded by delays, eventually resolved, with the ageing CHESS system of clearing and settlement late in the session.

ASIC's intervention invites new questions about the standard of the market's critical infrastructure and the ASX's stewardship, but the ASX is confident in its position.

"ASX will continue to engage constructively with ASIC," and "we are very confident that we are meeting our market licence obligations," ASX replied.

The regulator specifically took issue with another problem on Tuesday, related to the matching system called Centre Point, which was struck with data issues. ASX subsequently decided bids and offers coming from Chi-X, an alternative market venue, would not feed Centre Point. Normally both ASX and Chi-X data is scooped up by the system to get buyers and sellers the best price available.

In ASIC's view, it appears Centre Point wasn't compliant with the market integrity rule covering pre-trade information.

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

thumbdown.gif


asx200 will be floating like dead corpse after directionless from oversea's major markets. kinda lean to 6475ish!!
  Forum: Macro Factors

early birds
Posted on: Nov 18 2020, 07:48 AM


Group: Member
Posts: 13,206

The S&P 500 Futures are sliding after they maintained their upward momentum yesterday. Investors' risk appetite was enlarged by Moderna's announcement of positive trial results of its COVID-19 vaccine.

Later today, the U.S. Commerce Department will report October retail sales (+0.5% on month expected) and September business inventories (+0.6% on month expected). The Federal Reserve will release October industrial production (+1.0% on month expected). The National Association of Home Builders will post Housing Market Index for November (85 expected).

European indices are searching for a trend. German Foreign Minister has declared he was "certain we will find a solution to EU Recovery Fund" after Poland and Hungary blocked the adoption of the 2021-2027 budget and recovery fund yesterday.

Asian indices closed slightly on the upside except the Chinese CSI which ended in the red.

WTI Crude Oil remains bullish. The U.S. Energy Information Administration (EIA) projected that the U.S. shale oil output would fall by 140K b/d to 7.51M b/d in December. Later today, American Petroleum Institute (API) will release the change of U.S. oil stockpile data for November 13.

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

  Forum: Investment Discussion

early birds
Posted on: Nov 17 2020, 10:46 PM


Group: Member
Posts: 13,206

amira is teenage girl now. and well trained pro- singer

but i still like when she is 9. tongue.gif

i saw the clip years ago. it had similar impact to me as you today ---Mick

she has gift!!





  Forum: Off Topic Chat

early birds
Posted on: Nov 17 2020, 10:10 PM


Group: Member
Posts: 13,206

https://www.cnbc.com/2020/11/17/walmart-wmt...-earnings-.html

Earnings per share: $1.34, adjusted vs. $1.18 expected, according to Refinitiv’s consensus estimates
Revenue: $134.7 billion vs. $132.2 billion expected by Refinitiv estimates
U.S. same-store sales: up 6.4% vs. gain of 3.9% expected by StreetAccount survey
In the third quarter, Walmart reported net income to $5.14 billion, or $1.80 per share, from $3.29 billion, or $1.15 a share, a year earlier. Excluding items, Walmart earned $1.34 per share. Analysts were expecting Walmart would earn $1.18 per share, according to Refinitiv.

Total revenue grew by 5.2% to $134.7 billion from $128.0 billion a year earlier, exceeding Wall Street’s expectations of $132.2 billion.

Walmart’s same-store sales in the U.S. grew by 6.4%, higher than the increase of 3.9% expected by StreetAccount survey.

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

should be a pop up at open?? unsure.gif

  Forum: Investment Discussion

early birds
Posted on: Nov 17 2020, 04:22 PM


Group: Member
Posts: 13,206

https://www.afr.com/property/residential/st...20201117-p56fb2

NSW's plan to replace stamp duty with land tax could depress housing-market activity in the run-up to implementation of a new regime as people planning to buy could hold off doing so until given the chance to avoid the up-front stamp duty hit, said economist Shane Oliver.

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

if they really think of housing price is too high, why the hell they keeps cut the rate?? seems GFC isn't enough lesson to be learned??

again, little joe like me have no voice, only try to avoid screw as much as i can!! sadsmiley02.gif

  Forum: Investment Discussion

early birds
Posted on: Nov 17 2020, 03:07 PM


Group: Member
Posts: 13,206

https://www.msn.com/en-au/news/australia/so...ses/ar-BB1b4cNK

he had a job interview and doctor's appointment lined up on Tuesday. He is unhappy that travellers are paying the price for other people's failures.

"Why am I being punished for the lack of organisation on their behalf?" he said. "I'm happy to put up my hand and do another test."

He was also baffled as to how two security guards and a cleaner contracted the virus in the first place.

"You're locked in your room, you're brought meals three times a day. They knock on your door, you wait a few seconds. You can't open your door while they're there ... It just seems a little bit off to me," he said.

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

just thought aussies gonna be free to move around within , then comes this. time and time again.

  Forum: Off Topic Chat

early birds
Posted on: Nov 17 2020, 11:28 AM


Group: Member
Posts: 13,206

that is what i worried about

i reckon USA will involve it in some way, but if USA not going to "all in" it's hard to see USA wonna won the war.
because it's just too close to land----and china had a lot of land to sea ballistic missiles. plus----for American: " let the chinks kill chinks why should we make huge effort"
if the shit happens , good for no one. i don't have religions but i pry the shit not gonna happen sadsmiley02.gif

as i said before " don't stand at front when they try to corner a animal that with really sharp claws and teeth".

if that happens gold and silver gonna sky rocketing! imho

  Forum: Investment Discussion

early birds
Posted on: Nov 17 2020, 10:15 AM


Group: Member
Posts: 13,206

precious metals , my take is marketers use them as hedging for unknow risk more than anything
don't think we will be able to see inflation for a while.

weakness of green back might jack up basic metals witch is good for our economy. just my thinking!!

bullish on AUD is pure TA [ chart study] , it's not really reliable at current situation. those headline can turn the chart upside down within minutes.....
but what can we do?? sadsmiley02.gif

  Forum: Macro Factors

early birds
Posted on: Nov 17 2020, 08:27 AM


Group: Member
Posts: 13,206

Melbourne will see a new high-tech vaccine manufacturing plant in a billion-dollar deal to secure the nation’s long-term supply of critical health products including influenza vaccines and life-saving anti-venoms.

The complex at Tullamarine will be the largest influenza vaccine manufacturing facility in the southern hemisphere, allowing Australia to rapidly respond to flu outbreaks and pandemics.

It will replace the existing CSL owned facility in inner-city Parkville.

The federal government will sign a $1 billion agreement with Seqirus, the influenza vaccines arm of CSL, to secure supply until 2036 of medical products that would otherwise need to be sourced from overseas.

The $1 billion in funding is for a 10 year deal for the supply of vaccines across the Australian population to protect against future flu pandemics (not the COVID-19 pandemic).

It will also secure supply for products like anti-venoms for deadly Australian creatures including snakes and spiders.

Seqirus will invest $800 million in building its new facility at Melbourne Airport Business Park, to replace the Parkville facility.

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

from our own sharecafe

https://www.sharecafe.com.au/2020/11/17/can...-vaccine-boost/

  Forum: By Share Code

early birds
Posted on: Nov 17 2020, 08:23 AM


Group: Member
Posts: 13,206

The US Dollar was under pressure against all of its major pairs on Monday. On the US economic data front, Empire Manufacturing unexpectedly dropped to 6.3 on month in November (13.5 expected), from 10.5 in October.

On Tuesday, Retail Sales Advance for October is expected to increase 0.5% on month, compared to +1.9% in September. Finally, Industrial Production for October is expected to rise 1.0% on month, compared to -0.6% in September.

The Euro was mixed against most of its major pairs. In Europe, no major economic data was released.

The Australian dollar was higher against most of its major pairs with the exception of the NZD.

Looking at Monday's gainers. The AUDUSD traded higher gaining just over 50 pips. Positive remarks regarding Australian interest rates from RBA governor Philip Lowe helped support the AUD. Looking back at the data, the AUD/USD has a tendency to move an average of 14 pips one hour after his speech. The pair ended bullish 60% of the time in the last 10 speeches. On Tuesday the RBA will release their meeting minutes which has an average impact of 21 pips one hour after release with a 58% tendency of being bearish on the pair.

Looking at the chart, the AUD/USD remains bullish after breaking above a declining trend channel on Nov 3rd. The 20 and 50-day moving averages are starting to trend upward. If the pair can break above its short term consolidation with resistance at the 0.734 level we can expect a test of September highs near 0.742 and a continuation of the longer term trend that began in April. A break below 0.715 support would be bearish.

-----------------------------
07315 as i'm typing . looks bullish with other commodities!!

  Forum: Macro Factors

early birds
Posted on: Nov 17 2020, 08:18 AM


Group: Member
Posts: 13,206

ASX confirms it will open at 10am; Moderna vaccine lifts Wall Street

https://www.afr.com/markets/equity-markets/...20201117-p56f6j

Monday's market outage a global embarrassment

The ASX compounded its failure to keep the country's primary equity capital market open by failing to ensure a seamless transition to the alternative market, Chi-X.

https://www.afr.com/chanticleer/monday-s-ma...20201116-p56f2k

miss fortune for one is another one's opportunity...... tongue.gif

asx200

will be range between 6475---6515. my take is it will stay below 6500 ,most of the time with our cash market

going to sharpen up my scalping skill today!! tongue.gif

  Forum: Macro Factors

early birds
Posted on: Nov 17 2020, 08:07 AM


Group: Member
Posts: 13,206

Tuesday, Walmart (WMT) is awaited to post third quarter EPS of $1.18 compared to $1.16 a year ago on revenue of $132.3 billion vs $128.0 billion last year. The Co is a retail giant and on November 12th, the Co announced the launch of Walmart Pet Care, a service that includes Walmart Pet Insurance and pet care services such as dog-walking and pet sitting. In other news, on November 6th, the Co revealed that it agreed to sell its business in Argentina to Grupo de Narvaez, a Latin group. Technically speaking, the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the stock is trading above both its 20 and 50 day MA (respectively at $143.64 and $141.3). We are looking at the final target of $158.40 with a stop-loss set at $144.30.

Home Depot (HD) is likely to unveil third quarter EPS of $3.01 vs 2.53 last year on revenue of $31.7 billion compared to 27.2 billion a year ago. The Co is the world's largest home improvement specialty retailer and on November 11th, the Co introduced expanded resources and programs to further support its 35,000 veteran and military spouse employees, including guaranteed employment opportunities to associates who are spouses of relocating members of the military. From a chartist's point of view, the RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the share stands above its 20 day MA ($277.78) but below its 50 day MA ($278.01). We are looking at the final target of $254.40 with a stop-loss set at $289.20.


Wednesday, Nvidia (NVDA) is expected to announce third quarter EPS of $2.57 compared to $1.78 a year ago on revenue of $4.4 billion vs 3.0 billion the year before. The Co is a leading designer of graphics processors and on October 21st, Bloomberg reported that Chinese companies including Huawei Technologies have been lobbying the State Administration for Market Regulation to either reject the Co's proposed 40 billion dollar acquisition of Arm Ltd. or to impose certain unfavorable conditions on the deal. From a technical point of view, the RSI is below its neutrality area at 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 ($534.06) but above its 50 day MA ($528.04). We are looking at the final target of $445.00 with a stop-loss set at $583.00

Friday, Foot locker (FL) is anticipated to release third quarter EPS of $0.50 vs $1.13 last year on revenue of $1.9 billion, in line with the previous year. The Co is a global athletic footwear and apparel retailer, and its current analyst consensus rating is 13 buys, 11 holds and 0 sells, according to Bloomberg. Looking at a daily chart, the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The stock could retrace in the short term. Moreover, the stock is trading under its 20 day MA ($37.91) but above its 50 day MA ($36.27). We are looking at the final target of $42.60 with a stop-loss set at $34.60.

Looking at the S&P 500 CFD on a 30 minute chart, the index appears to be consolidating after making a record high of 3,673.90 last week. Price will likely bounce around in between 3,518.00 and 3,674.00 until a breakout occurs. The bias remains bullish, so traders should look for price to break above 3,674.00. If price can make a new high, then the next two Fibonacci targets are at 3,794.00 and 3,856.00. If the index falls below 3,518.00, it would be a negative signal and traders should look to 3,463.00 as possible support. If price fails to rebound off of 3,463.00, then price could drop further to 3,403.00. If the decline its not stopped at 3,403.00, then traders should be cautious as price could slip lower.

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

DYOR AS ALWAYS!!

  Forum: Investment Discussion

Poll: The Banks
early birds
Posted on: Nov 16 2020, 01:50 PM


Group: Member
Posts: 13,206

you don't know how much i missed you and few others like wolverine eg....
you told me a lot of things , these good old days!!! i've got gray hair now a freaking useless old bug. time is flying!! sigh!!

i will post some US stocks rec [ from US broker] as your 4th 5th opinion soon as i got it ....

tongue.gif

  Forum: Investment Discussion

early birds
Posted on: Nov 16 2020, 01:35 PM


Group: Member
Posts: 13,206

what is your mean H??? unsure.gif

  Forum: Macro Factors

early birds
Posted on: Nov 16 2020, 12:56 PM


Group: Member
Posts: 13,206

ASX still working to identify issue
William McInnes

The ASX says it has still not identified the cause of the market outage this morning and is stil working to investigate the issue.

An earlier update from the bourse said it had identified the issue however it has clarified that is not the case.

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

ASX issue ed this at around 12:00, but they seems still can't solve the problem. you have been here before you know how things running here!! lmaosmiley.gif
asx200 index still moving but it start aim at down side as you point out " spooked trader" .

i called few broker-------they know nothing!!

  Forum: Macro Factors

early birds
Posted on: Nov 16 2020, 12:41 PM


Group: Member
Posts: 13,206


Index Trading, xjo, dow, dax, ftse

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

you are the one who start this ---------- i'm the one left to carry the flag.
i remember once you told me that "everyone carry a gun in Taxes no joke!" keep yourself and family safe at current chaos in USA Dan!!

  Forum: Macro Factors

early birds
Posted on: Nov 16 2020, 12:09 PM


Group: Member
Posts: 13,206

gees

long long time Dan!! soooo happy to see back here!! still in Perth??? smile.gif

  Forum: Macro Factors

early birds
Posted on: Nov 16 2020, 10:06 AM


Group: Member
Posts: 13,206

ASX market data frozen; trade execution halted
Luke Housego

ASX market data and trade execution has been frozen, according to emerging reports.

Market sources said trades were unable to be executed from about 10.24am AEDT on Monday.

The ASX confirmed it was investigating a market data issue and that all trading would be paused while it worked to rectify the issue.

The ASX Trade Refresh went live this morning with migration activites occuring on Saturday.

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

weirdsmiley.gif

  Forum: Macro Factors

early birds
Posted on: Nov 16 2020, 08:22 AM


Group: Member
Posts: 13,206

major market performed well last week. Mr. market seems start to think of " trump concedes soon"... not sure about that!! unsure.gif

asx200
keep eye on the opening above 6460 it will target 6485ish go over that level then it will be really bullish [ i doubt it]

keep eye on hi yielding stocks!!

  Forum: Macro Factors

early birds
Posted on: Nov 16 2020, 08:15 AM


Group: Member
Posts: 13,206

Young and previously healthy people with ‘long Covid’ are showing signs of damage to multiple organs months after infection. The new findings are a step towards developing treatments for some of the strange and extensive symptoms, which include fatigue, brain fog, breathlessness and pain. As of yesterday, Victoria had recorded 16 days with no new local coronavirus infections, and South Australia’s chief public heath officer says importation from quarantine hotels is currently the country’s highest Covid risk, after a worker infected three family members. But with Scott Morrison declaring alternatives to hotel quarantine unsafe (despite saying in October he wanted to develop “innovative” alternatives), 36,500 Australians overseas now face further delays in getting home. International student have to wait even longer, much to the despair of local universities – though not foreign investors or actors, who Greg Hunt has confirmed will get special approval to jump the queue.

https://www.msn.com/en-au/news/australia/mo...ery/ar-BB1b2lBV

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

side effects from meths???? or it is from covid?? unsure.gif

believe it or not, hope non of us here get this virus.

  Forum: Off Topic Chat

early birds
Posted on: Nov 13 2020, 03:34 PM


Group: Member
Posts: 13,206

thanks nipper for the info, i saw that article as well

however, he didn't mention under Biden tax rate at USA [ csl's bigest market] will jump from 21 to 28%. i don't think the writer is missed it. he just don't like to mention it!! that put me off a little!!

  Forum: By Share Code

early birds
Posted on: Nov 13 2020, 08:45 AM


Group: Member
Posts: 13,206

Telstra plans to split itself into three separate business units in a restructure that paves the way for the telco to spin off its infrastructure assets. It’s the biggest corporate change since the government started taking Telstra private in 1997, the company said in a statement on Thursday.

The news, which has been mooted for some time, saw the shares rise almost 6% to $3.15 before easing to end the day up 3% at $3.08.

Telstra is the type of stock that should benefit if there is a true rotation out of techs and similar COVID-friendly stocks, back into value companies.

Under the proposed restructure, announced on Thursday at the company’s annual investor day, Telstra’s infrastructure business (called InfraCo at the moment) will be divided into two separate units – InfraCo Fixed, which will own and run Telstra’s fixed-line assets, and InfraCo Towers, which will own the mobile infrastructure.

A third unit, ServeCo, will own the active parts of Telstra’s mobile phone business, including the radio access network and spectrum assets.

The last big revamp from Telstra was back in 2018 when it revealed its ambitious T22 plan (to be completed by 2022).

That saw Telstra cut over 6,000 jobs (which gave profit margins a boost) and give its mobile and fixed plans a complete makeover.

InfraCo was established as part of the T22 strategy to provide investors a clearer idea of the value locked in Telstra’s infrastructure assets (tower, exchanges, pipes and ducts) and also give the company an opportunity to buy the National Broadband Network.

Telstra CEO Andrew Penn said on Thursday that InfraCo was now ready to take the next significant step as a business.

“With Telstra InfraCo now a fully operational stand-alone business unit and the NBN roll-out effectively complete, now is the time to take the next step in realising our T22 ambitions, including monetisation of our infrastructure assets where appropriate,” he said in a statement ahead of the investor day function.

“The proposed restructure is one of the most significant in Telstra’s history and the largest corporate change since privatisation. It will unlock value in the company, improve the returns from the company’s assets, and create further optionality for the future.”

The restructure is to be done by December next year. The three business units will operate under the parent Telstra Group.

You can bet that once this is done. Telstra will be under rising pressure to spin those off to shareholders (like Wesfarmers spun off Coles) or sell them to deep-pocketed investors, such as super funds looking for infrastructure/annuity-style plays (remind anyone of Macquarie where they have had extensive experience with communications – TV – towers?).

Mr. Penn said the company was “ very conscious of the many stakeholders, including shareholders, who will have an interest in these changes and that is why we have announced our intentions today, well ahead of implementation, so we can undertake a comprehensive consultation program to explain the many benefits this structure delivers.

“We will work very closely with our partners, our people, and other stakeholders throughout this process, and will provide an update on progress at our half-year results in February 2021.”
==================

from our own sharecafe!!
  Forum: By Share Code

early birds
Posted on: Nov 13 2020, 08:33 AM


Group: Member
Posts: 13,206

The amount of SPX names above their 20, 50 and 200 Day MAs is nearing extremes. Long-term, this is a bullish sign. But it may cause some additional backing and filling over the short-term. The NDX components are not as stretched in aggregate. See the Market Statistics section below.


The IWM R2k ETF remains stretched, especially vs. the SPX. That may need to be normalized before the market can run all cylinders again.

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

so they expecting a short term pull back from other major market, and long term bullish!!

asx200
would see more of pull back today , as TA point out. keep eye on 6375---6385ish. can't hold there , then looking for 6225ish.

  Forum: Macro Factors

early birds
Posted on: Nov 13 2020, 08:28 AM


Group: Member
Posts: 13,206

found the answer

it is 2. as Biden won the election [most likely case] no matter there is war or not , Biden will be the president January next year!!

i'm gonna plan to re-- adjust my P/O before the bell.



  Forum: Off Topic Chat

early birds
Posted on: Nov 12 2020, 09:43 PM


Group: Member
Posts: 13,206

sory Mick
i thought you understand the US constitutions, laws eg.. far better than me.
i'm not into these current political shity , it's kinda [[ been there , saw it all before, when i were young mugg, growing up from Mao era, through culture revolutions eg..... now the same shity from extreame righties]]

"little joe" like me have no power to change all of that, so i try to protect myself anyway i can. still can't avoid screw, but try to as i can......

if i be able to know the answer , i could adjusting my P/O better!! it is uncertain time now. unsure.gif

i've ga to try asking someone else , till i find answer within this week!! it's important tp my money [ even i don't have as much as before]

  Forum: Off Topic Chat

early birds
Posted on: Nov 12 2020, 07:53 PM


Group: Member
Posts: 13,206

Mick
i need help from you !!
i call the few of my connection to china but seems they know jackshit about it.

my question is if china and usa going into hot war now
1, is Trump can use it as excuse to trigger a " war time presidency law" and stay as president untill the war is over
2. as Biden won the election [most likely case] no matter there is war or not , Biden will be the president January next year

i need a sure answer for this, so i can adjust my P/O .

if any others can answer it, appreciated in advance!!!
  Forum: Off Topic Chat

early birds
Posted on: Nov 12 2020, 01:39 PM


Group: Member
Posts: 13,206

for asx200
still think the index gonna test 6400---6425ish before this weekend. imho


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

not even 3 a clock yet, asx200 index is at 6400ish. seems have to adjust it little lower to 6385ish. for the short term.


  Forum: Macro Factors

early birds
Posted on: Nov 12 2020, 09:08 AM


Group: Member
Posts: 13,206

pre--open at 3.16, only 2 minutes to go.
a lot of shorts run for cover,
expecting a fire works for good old TLS today!!!!!! that is something rare!!! lmaosmiley.gif

  Forum: By Share Code

early birds
Posted on: Nov 12 2020, 08:41 AM


Group: Member
Posts: 13,206

https://www.afr.com/technology/telstra-spli...20201111-p56dqh

This translated to expected net productivity gains of $2.5 billion by the 2022 financial year, with $1.8 billion delivered between 2016 and 2020. It said it expects $400 million in savings next year, which would come, in part, from staff reductions, enabled by a shift of customers to digital sales and service channels.

Mr Penn said Telstra held an important lead in rolling out 5G networks, which meant it would be well positioned to capitalise on a new multi-year cycle of growth as consumers upgraded.

“We already have more than 400,000 5G devices on our network and we expect that to reach around 750,000 by the end of the calendar year," he said.

"The impact of the NBN on our fixed business remains as expected and will be largely complete by FY22."

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

yeah nipperyou might be right !! hold them for little longer for this news. not much of interests to pay for CFD's a lot better than buying a apartment for investing [leveraged].

  Forum: By Share Code

early birds
Posted on: Nov 12 2020, 08:21 AM


Group: Member
Posts: 13,206

When Value has dominated trading sessions this year, Small Caps have outperformed, sometimes wildly so... This has been especially true over the last two days: The IWM R2k ETF has outpaced the SPX by over 4% and has bettered the NDX 100 by over 8%.

This has gotten a LOT of attention.

The IWM, of course, had not notched a new all time high until this week, which made it very late to the game. The NDX made a new high in June, the SPX, in August. From this perspective, it would appear that the Small Caps have lagged.

That certainly has NOT the case. The Small, Micro and Mid Caps all are up more than the SPX and NDX since the March lows.

Just how strong has this relative pop been? It's now triggered the first relative Demark Sell Signal vs. the SPX since February, 2019.

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

so they think russell 2000 is way over bought !!

for asx200
still think the index gonna test 6400---6425ish before this weekend. imho

nothing is safe these days!!

  Forum: Macro Factors

early birds
Posted on: Nov 12 2020, 08:05 AM


Group: Member
Posts: 13,206

For perhaps the first time in American history, a coordinated effort to taint or even overturn a presidential election may be underway. With no evidence of wrongdoing, the Republican Party and Trump administration officials such as General Services Administration chief Emily Murphy and Attorney General William Barr have refused to acknowledge President Donald Trump’s defeat or cooperate with President-elect Joseph Biden’s transition team. Instead, they are moving forward on multiple fronts to sow doubt about the validity of mail-in ballots and the motives of election officials in states where Trump lost or is losing. On Tuesday, Secretary of State Michael Pompeo said there will be a “smooth transition to a second Trump administration.” It was unclear if he was joking.

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

it dose not look like a joke to me!! just can't figure it out what will happen next?? unsure.gif

  Forum: Investment Discussion

early birds
Posted on: Nov 11 2020, 02:23 PM


Group: Member
Posts: 13,206

touched 3 bucks just minutes ago.
talk about defensive, how can one past TLS ---the oldest dog on asx. cool.gif

on my fib watch------ 3.08--3.10--------then 3.18ish. looking up there to take some profit. it's just me!!

  Forum: By Share Code

early birds
Posted on: Nov 11 2020, 07:13 AM


Group: Member
Posts: 13,206

(Nomura's Quant Equity Strategist), notes, "We saw factors experience record moves never seen in their entire history (inception 2010) – even surpassing the June 2020 insanity earlier this year."

In particular, Momentum crashed 24% and Value spiked 15%. Those numbers are much more in line with some of the individual stock moves on Monday.

we've seen Momentum struggle for longer

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

they talk about US market!!

asx200 will have some continues consolidation before it makes move up.

  Forum: Macro Factors

early birds
Posted on: Nov 10 2020, 02:53 PM


Group: Member
Posts: 13,206

sell into news -----that market oldest trick, but works all time!!!

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

wink.gif

man!!! how true it is!! a classic "pump and dump!! at today's session. closed all my index shorts here and overseas. and sold few stocks as well.


be defensive !!

  Forum: Investment Discussion

early birds
Posted on: Nov 10 2020, 08:37 AM


Group: Member
Posts: 13,206

https://www.cnbc.com/2020/11/09/trump-says-...been-fired.html

to me -----the risk of hot war between mainland china vs taiwan is even greater than before the election as trump still in charge for over two months

the XI 's reaction to the the election and this news all point to that. it's just my thoughts. scary as it is!
i thought if Biden wins then risk of hot war will be reduced, but looks i'm wrong on this!!! blush.gif

  Forum: Off Topic Chat

early birds
Posted on: Nov 10 2020, 08:25 AM


Group: Member
Posts: 13,206

https://www.cnbc.com/2020/11/09/covid-vacci...-infection.html

the news sent shorts flying to cover at anycost!! i did short into a lot of index after EU market opens that include asx200 [short it over 6500]

covered some but still held some, will cover all of them today or tommow.

SPX is project tp hit 3710ish at least in near future

asx200 is on it's way to 6675ish

my short term trading is to asx200 6400ish or little lower within session or two.


today ..long with energy stocks / short on csl jhx eg... my bet !!
  Forum: Macro Factors

early birds
Posted on: Nov 10 2020, 08:17 AM


Group: Member
Posts: 13,206

the huge pop up is "Pfizer says vaccine 90pc effective" plus trump loss

sell into news -----that market oldest trick, but works all time!!!

  Forum: Investment Discussion

early birds
Posted on: Nov 9 2020, 08:09 AM


Group: Member
Posts: 13,206

sound like " it's over"
market seems get what it wants. or is it??? unsure.gif
we might see a typical -------" sell on news" reaction to the US election results as market already priced in most of the gain.
so a pumping up for a day or two then sell into it---esp us market.

asx200
rate near zero, and stimulus keeps flow, looks all good!! as would leader congrats Biden, i saw two has been quiet -----PUtin Xi
as world relieve on "bit of sanity return " i thought risk of mainland china attack Taiwan will be reduced before the US election
now, after Xi 's reaction, i reckon the risk still there, as Trump still in charge for at least two months----a window for hot war !!!
if everything is OK , then CSL JHX AUSSIE SUPPER eg.... will face higher tax from USA and local high yield will be the way to go....i guess
i held a lot TLS ---for defensive reason. but market seems not with me........ blush.gif

  Forum: Macro Factors

early birds
Posted on: Nov 7 2020, 12:01 AM


Group: Member
Posts: 13,206

https://www.afr.com/companies/financial-ser...20201106-p56c1t

Ms Wikramanayake also said that while the group had been dealing with "QE Infinity" in other markets, the Reserve Bank of Australia's announcement of a $100 billion quantitative easing program this week had come much later.




The downside is possible," Mr Harvey said. "The upside is unlikely – not zero – but unlikely to eventuate."

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

not out of woods yet!! ?? unsure.gif

  Forum: Investment Discussion

early birds
Posted on: Nov 6 2020, 11:08 PM


Group: Member
Posts: 13,206

https://www.msn.com/en-au/news/australia/sa...now/ar-BB1aKbAQ

Mark Damazer, former head of BBC Radio 4.
A democracy without an informed citizenry will not stand. It will absolutely tear itself apart. The antidote to destructive ignorance is an open, trusted and accessible media, and we are allowing that to be taken away. The symbiotic relationship between good governance and good journalism has for too long been implicit, or placed in the hands of those that gain from its denuded form

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

never too later to realize the root cause of current chaos around world...i guess!! cool.gif

  Forum: Off Topic Chat

early birds
Posted on: Nov 6 2020, 05:04 PM


Group: Member
Posts: 13,206

https://www.msn.com/en-au/news/australia/ns...try/ar-BB1aKeu1

The New South Wales government is considering giving food vouchers for households to spend in restaurants and pubs across the state in a bid to boost the state’s economy amid the Covid-19 pandemic.


I mean, come on, $100 is one meal in Sydney,” she said. “Whereas an unlimited discount could mean someone is going out to dinner a couple of times per week.”


“Having said that, there is always going to be risk. We have a non-immune population and clusters can happen at any time. It’s fine for people to go to restaurants, but they still need to be Covid-safe. People still need to be careful. We’ve done really, really well, we’re in a great position, but we can’t stop paying attention to it basically because we’ll end up back where we were.”

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

what if someone caught virus from restaurants?? can they blame Govt. for it??? unsure.gif

should give 1000 bucks and cut off jobkeep !!! lmaosmiley.gif

  Forum: Off Topic Chat

early birds
Posted on: Nov 6 2020, 08:21 AM


Group: Member
Posts: 13,206

it is bit of surprise to me that US election still in a massy way, but all market went up regardless

asx200 looks on track to test 6200, with that much of uncertainty from US election. only can rely on TA but TA isn't working as good as normal as market can turn a dime with the news these days

i kinda see market is due for pulling back little bit to see what's happen in USA . imho though!!

  Forum: Macro Factors

early birds
Posted on: Nov 5 2020, 10:00 AM


Group: Member
Posts: 13,206

my boy caught the swine flu, and one tablet cured the thing. seems nothing effect to him. one son of my good friend caught it as well, one tablet cured it. don't see any side facts till today

don't know about the experience you've got. it's first time i hear someone got side facts from swine flu. unsure.gif

but i'm talk about we might have chance to get good curer for covid--19, i reckon it will be the game changer for the whole world, if the scientists can can find it!!
what hell is wrong with that????????????????? unsure.gif

  Forum: Off Topic Chat

early birds
Posted on: Nov 5 2020, 09:18 AM


Group: Member
Posts: 13,206

why???????????????????? unsure.gif

  Forum: Off Topic Chat

early birds
Posted on: Nov 5 2020, 08:04 AM


Group: Member
Posts: 13,206

https://www.msn.com/en-au/health/medical/th...nts/ar-BB1aHj3m


Scientists say those in respiratory distress often lack the hormone T3, which reduces inflammation and plays a role in cells along the lining of the lungs absorbing fluids

To see if it would work in people with COVID-19, two critically ill Minnesota patients became the first in the country to receive the new therapy, reported the Minneapolis Star Tribune.

The hormone is now being tested in a phase II clinical trial approved by the US Food and Drug Administration - and physicians hope it could be the second therapy authorized to treat the virus, which has killed more than 232,000 Americans.


==================
if it can work ----then this bloody thingy gonna be over. vaccine is important, but if scientists can find effective curer that would be the game changer...imho

i remember how they cure the swine flu back in the day!!

fingers crossed!!

  Forum: Off Topic Chat

early birds
Posted on: Nov 4 2020, 08:04 AM


Group: Member
Posts: 13,206

all set----for the results of US election.

from TA point of view, market turned bullish from the "eve" of the election---i reckon there is a lot of short covering and some put in few cash.

we saw asx200 blast through 6000 yesterday, we might see bit of selling today at 5100ish or little lower ----no matter who wins today when our cash market opens...imho

  Forum: Macro Factors

early birds
Posted on: Nov 3 2020, 02:56 PM


Group: Member
Posts: 13,206

lmaosmiley.gif

good life nipper!!! i didn't go to pub this year. try to be safe!!

rate cut 100pips as expected . all eyes on US

  Forum: Off Topic Chat

early birds
Posted on: Nov 3 2020, 09:37 AM


Group: Member
Posts: 13,206

guys

any tips for the cup?? i guess no one cares here!! weirdsmiley.gif

  Forum: Off Topic Chat

early birds
Posted on: Nov 3 2020, 09:23 AM


Group: Member
Posts: 13,206

If US private equity group, Ares follows through with a complete bid for all of AMP’s shares at $1.85 each, then the bid is done and dusted.

AMP yesterday revealed that a filing Ares made with the US Securities and Exchange Commission had indicated a bid price for AMP shares of $1.85 cash each.

That compares to $1.28 before Friday’s announcement of an approach from Ares.

The $1.85 a share values AMP at around $6.4 billion and is rich enough to force other bidders (if they are there) from the field and leave the US group alone.

AMP shares ended at $1.68, up 9.8% (after a 20% jump last Friday).

The market knows the deal is done if the bid finally appears in a complete and binding form.

But it is early days.

Ares said in its Securities and Exchange Commission: “The diligence and discussions are very preliminary and there is no certainty that any transaction will occur on the proposed terms, within any particular time frame, or at all.”

Some brokers reckon Macquarie Group could emerge with a bid.

Macquarie will have the chance to comment on any interest with its interim results being announced this Friday.
=======================

  Forum: By Share Code

early birds
Posted on: Nov 3 2020, 09:13 AM


Group: Member
Posts: 13,206

seems everyone is waiting-----almighty US election results
markets will have reaction when the results out----------------by tomorrow morning out time ---will be the earliest !!!!

my view for asx200 today---------------test of 6000 is more likely case [for cash market]

  Forum: Macro Factors

early birds
Posted on: Nov 2 2020, 09:51 AM


Group: Member
Posts: 13,206

AMP shares have shot 7.8 per cent higher to $1.65 after it said the proposed takeover offer from Ares Management has an implied value of $1.85 a share, a 20 per cent premium to Friday's closing price.

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

so value at 1.85 per share!! hope some other bidder comes in pump it over 2 bucks???? unsure.gif
for sack of long term holder [ or sufferer ]. man!! it is a sad case for investors!! sadsmiley02.gif

  Forum: By Share Code

early birds
Posted on: Nov 2 2020, 08:55 AM


Group: Member
Posts: 13,206

if "sleepy Joe" wins or " blue wave" so called!! US tax rate gonna be up for big earner, instos. even for aus super, csl, eg..

i kinda think it will be likely case. and US will have bigger stimulus going forward, witch is good for economy.!! [money printing always the way untill it dosen't work]

  Forum: Investment Discussion

early birds
Posted on: Oct 31 2020, 12:11 PM


Group: Member
Posts: 13,206

This year, McKibbin told me he thinks Biden will win convincingly, with a large stimulus package to follow, which should give stocks a big boost.

https://www.afr.com/world/north-america/tru...20201031-p56abg

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

put all political aside..................... from pure investment point of view
chance of above is way over 50%, so come to monday, i have little window chance to place little " long bets" on stock market.
happy punting guys!! lmaosmiley.gif

HIGH RISK----HIGH REWARD!!!!!

  Forum: Investment Discussion

early birds
Posted on: Oct 30 2020, 05:44 PM


Group: Member
Posts: 13,206

https://www.msn.com/en-au/news/australia/th...and/ar-BB1awHTX


From 1am on Tuesday November 3, residents in regional NSW will be able to travel to Queensland without facing restrictions, but people from Sydney's 32 local government areas will still be required to quarantine.

===========
cool.gif

shake my head!!

  Forum: Off Topic Chat

early birds
Posted on: Oct 30 2020, 09:02 AM


Group: Member
Posts: 13,206

the shareholders have been ripped off, while the directors, their suppliers and consulting buddies make off with millions each??

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

i guess that is the case ------------usually!! weirdsmiley.gif

up 20% as i type, !! but only over 1.50 man !!! think of how much is their flow price 23 bucks or something as i can remember!!



  Forum: By Share Code

early birds
Posted on: Oct 30 2020, 08:25 AM


Group: Member
Posts: 13,206

https://www.msn.com/en-au/news/australia/th...-30/ar-BB1aweiN

A member of the Senate of France has publicly stated that one of the victims of the church attack, a woman in her 30s or 40s, managed to escape and took refuge in a nearby bar before succumbing to her stabbing injuries. Her last words were 'tell my children that I love them.'

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

sadsmiley02.gif ,

  Forum: Off Topic Chat

early birds
Posted on: Oct 30 2020, 08:09 AM


Group: Member
Posts: 13,206

https://www.cnbc.com/2020/10/29/stock-marke...close-news.html

Futures on the Dow Jones Industrial Average dropped 260 point. The S&P 500 futures fell 1% and the Nasdaq 100 futures slid 1.1%..

Shares of Apple fell more than 5% in extended trading Thursday after the tech giant reported a 16% decline in iPhone sales and failed to offer investors any guidance for the quarter ahead. Amazon dipped 1.5% even after the e-commerce giant reported blowout third-quarter results with a big beat on the top line.

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

seems really tied for the bulls???
  Forum: Investment Discussion

early birds
Posted on: Oct 30 2020, 08:03 AM


Group: Member
Posts: 13,206

good session for US market jacked up by big tech Co.

but future of SPX diving over 20 points atm not sure what's the cause for that move

asx for asx200
that AMP takeover news plus good performance of cash market that US market did last session.

kinda think asx200 will battle at 6000ish today, as month ending!! imho

  Forum: Macro Factors

early birds
Posted on: Oct 30 2020, 07:58 AM


Group: Member
Posts: 13,206

rescuer is coming....

https://www.afr.com/companies/financial-ser...20201030-p569z1

AMP has confirmed an acquisition offer from New York Stock Exchange-listed investment giant Ares Management to acquire all of its shares, potentially saving the embattled 171-year-old wealth manager from being broken up.

..
However, it is understood some potential acquirers are only interested in the more attractive parts of AMP including the infrastructure and unlisted property investment functions of its flagship AMP Capital subsidiary and its growing North wealth management platform.

================
didn't mention how much they gonna pay for it??? unsure.gif

  Forum: By Share Code

early birds
Posted on: Oct 29 2020, 09:31 AM


Group: Member
Posts: 13,206

https://www.cnbc.com/2020/10/28/bidens-poll...r-stimulus.html

Two months might not seem like such a long time normally, but with Covid-19 cases raging around the world and climbing sharply in the U.S., time is becoming the market’s enemy.

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

  Forum: Investment Discussion

early birds
Posted on: Oct 29 2020, 08:59 AM


Group: Member
Posts: 13,206

no stimulus...... now, EU seems gonna lockdown again because second wave of virus flare up big time
if SPX can hold 3200ish then expecting a range from 3200----to 3500.

for asx200, important 6000 support level will be gone when our market opens. but our virus situation is far far better than others
kinda feel the sell off won't be as bad as EU, US market. in other words-----asx200 might " our performed" other market within two weeks!! imho


keep eye on the market , i guess some of stocks might worth your focus!!


  Forum: Macro Factors

early birds
Posted on: Oct 28 2020, 12:08 PM


Group: Member
Posts: 13,206

made some bucks with this crazy market movement.
love your "poet" nipper!! lmaosmiley.gif your post name should get you nib few longs at asx200 open as well!! tongue.gif

just kidding! know you are not a day trader!! a bit of rebound for the major index imho. do some little trades to make few bucks!!

  Forum: Macro Factors

early birds
Posted on: Oct 28 2020, 09:09 AM


Group: Member
Posts: 13,206

here we come,
asx200 will be testing support level---------------6000ish today. as SPX DAX all went down last night.
from indicators most of major index in the short term oversold level, expecting bit of bounce within two sessions as end of month " window dressing" but " uncertainty of US election" might cap the up swing!!

i will be nipping few today for a day trade!! ohmy.gif i'm crazy i know!! weirdsmiley.gif

  Forum: Macro Factors

early birds
Posted on: Oct 27 2020, 01:05 PM


Group: Member
Posts: 13,206

Telstra has slumped to its lowest level since July 2018 as blue chips are dragged lowering in a gathering sell-off in Australian stocks.

Telstra shares fell to $2.70 a share after the telco announced earlier on Tuesday that Michael Ebeid will depart as head of its enterprise business

Telstra shares had traded as high as $4 in August last year.

Chairman John Mullen told shareholders at the annual general meeting earlier this month there was no silver bullet for the company's earnings challenges.

He added Telstra was committed to temporarily exceed its capital management framework to maintain its 16¢ a share dividend.

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

i made mistake on it's share price, bought few more today with CFD's, it's knida ridiculous given it's yield and stable biz in current market condition......sigh!!!!!

  Forum: By Share Code

early birds
Posted on: Oct 27 2020, 08:39 AM


Group: Member
Posts: 13,206

a sell off last night's session. as stimulus hope faded.before election.
SPX give up it's short term bullish support 3425----3430, and down she went to low as 3365, but fighting back to 3400, from really short term chart SPX caped at 3420---3425, support at 3390ish
suspecting it will stuck this range till weekend as election poll won't have clear indication. imho. just wild guess!

asx200 , as it give up 6125---short term support, strong support down at 6000ish, it's 100 points from current level, i suspect it won't go down that far today, [if there isn't a major event going on " like hot war eg."]

is it buying opportunities to buy the dipper before the election?? really not sure!! unsure.gif

be defensive .

  Forum: Macro Factors

early birds
Posted on: Oct 26 2020, 11:29 AM


Group: Member
Posts: 13,206

up over 15% atm

just wondering if one sold all the holdings , where they gonna put their cash??? for divy stock?? unsure.gif

  Forum: By Share Code

early birds
Posted on: Oct 26 2020, 08:24 AM


Group: Member
Posts: 13,206

one week to go for the "almighty" US election

can see US market future pulling back now SPX future down about 20 points as i typing .

for asx200 still expecting narrow range---6143--6175. better on the fence i guess for today!!

  Forum: Macro Factors

early birds
Posted on: Oct 23 2020, 08:06 AM


Group: Member
Posts: 13,206

still focus on stimulus, as SPX recovered

asx200 ----might stuck in the range 6175---6200ish. Friday, not many willing to take risk through the weekend in our market.

take easy people!!

  Forum: Macro Factors

early birds
Posted on: Oct 23 2020, 08:03 AM


Group: Member
Posts: 13,206

https://www.msn.com/en-au/news/australia/co...vid/ar-BB1aiUdC

" long covid""??? i kind of ????? unsure.gif

seems this thingy changes all the time??

hard to understand it but scary as it is by this article !!

  Forum: Off Topic Chat

early birds
Posted on: Oct 22 2020, 08:55 AM


Group: Member
Posts: 13,206

The US presidential election is fast approaching. Market volatility is expected to increase the closer we get to polling day.

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

i get this type of warning from a some of brokers now.

some big firm even told us to "buy the election dipper before 3/11"...
anyway, that's how things go

asx200 future had big dipper last night, keep eye on 6115, as stops for longs, shorts stops at 6175ish. if one wants to trade this market like me!! kinda little crazy to trading these days----too risky !!

  Forum: Macro Factors

early birds
Posted on: Oct 21 2020, 08:16 AM


Group: Member
Posts: 13,206

the stimulus from US become latest market focus, and the deadline date has been removed
still hanging on the hopes----for stimulus

asx200 is waiting for that as well??
looks gonna be narrow range around 6200ish. the day better stay on the fence.

  Forum: Macro Factors

Poll: The Banks
early birds
Posted on: Oct 20 2020, 10:10 AM


Group: Member
Posts: 13,206

remember subprime?? GFC?? year of 2008!!
thought they gonna clamp down of these type of printing, but 12 years on they went opposite ...... even create something like
"after pay" really caught me by big surprise , as you said ---fiat system.
i reckon all CBs understand that deflation is created by lower rate for those " sombie production line" [ more competition ] and globalization [ more competition]
they just worried about their pay more than moral financial 101.......
can't beet them.....join them!!

a link that i saved from GFC [ thanks a poster name DANVILLE]

https://www.youtube.com/watch?v=3u2qRXb4xCU

told most of young kids whom study finance----if they can have good laugh for this link then they can graduated from the course !!! lmaosmiley.gif

  Forum: Investment Discussion

Poll: The Banks
early birds
Posted on: Oct 20 2020, 08:22 AM


Group: Member
Posts: 13,206

Westpac has partnered with Afterpay on its new digital banking platform, which will allow Afterpay to provide Westpac's transaction, savings and cash tools to buy now pay later customers in second quarter 2021.

“We look forward to working with Afterpay to deliver new products and services,” Westpac CEO Peter King said.

“Afterpay is in a unique position to extend and deepen the relationship with our customers and help them to manage their money more seamlessly through savings and budgeting tools," Afterpay's Anthony Eisen said.

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

not sure it is a good move by WBC , but they have to do something to re--start growth , i guess!!
never thought after pay is a good idea but with lower rate for longer.....who knows!!

  Forum: Investment Discussion

early birds
Posted on: Oct 20 2020, 08:19 AM


Group: Member
Posts: 13,206

thought asx200 had good session yesterday at finish. but last hour of sell off from SPX seems changed all positive for asx200
it will start under 6200, expecting 6164---6175 as support zone and 6215ish will be the cap for today's action

Mr. market still waiting for that US stimulus .............

  Forum: Macro Factors

early birds
Posted on: Oct 19 2020, 09:24 AM


Group: Member
Posts: 13,206

these eclection have no influence to stock market,
that is why i said " no major event"
if you think this political thingy will have effect, that would be strange to me.

if it's US or AUSSIE Fed's election then that will be something market watch for. not these little thing, Jacinda wins hands down as predicted after the way she handle the covid--19 in NZ.. no news to market!!

as i'm typing asx200 touched 6225 and pulls back a little -----like head butt to the tough res!! keep eye on it nipper!! tongue.gif



  Forum: Macro Factors

early birds
Posted on: Oct 19 2020, 08:13 AM


Group: Member
Posts: 13,206

no major event through the weekend,
all other major market had relative good week .

so we could see asx200 challenge 6225, if it can have strong push on that level then open the upside in a big way----[500 points] to the upside in near future.
but i expecting bit of fight on the level!!

  Forum: Macro Factors

early birds
Posted on: Oct 16 2020, 09:45 AM


Group: Member
Posts: 13,206

about Iphone12

==============
Six questions to ask before you buy the new iPhone 12


https://www.afr.com/technology/six-question...20201016-p565n8

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

if one of you try please your young kids to buy one , then look at this link for the second or third ....opinion !!! tongue.gif


  Forum: By Share Code

early birds
Posted on: Oct 16 2020, 07:55 AM


Group: Member
Posts: 13,206

despite the weakness from EU US market during middle of their session asx200 showed real strength, it refuse to back down under 6150. that to me is really bullish

so i expecting asx200 to range between 6188-----6225, if it hit through 6225 with convincingly then it open up big upside for the bulls !! imho

see how it goes today ---it is Friday, i reckon 6225ish might acting as the cap!!

  Forum: Macro Factors

early birds
Posted on: Oct 15 2020, 08:45 AM


Group: Member
Posts: 13,206

Five surgeons from big cities are discussing who makes the best patients to operate on.

The first surgeon, from NYC, says, "I like to see accountants on my operating table because when you open them up, everything inside is numbered."

The second, from Detroit, responds, "Yeah, but you should try electricians! Everything inside them is color coded."

The third surgeon, from Boston, says, "No, I really think librarians are the best! Everything inside them is in alphabetical order."

The fourth surgeon, from Houston chimes in: "You know, I like construction workers...Those guys always understand when you have a few parts left over.'

But the fifth surgeon, from DC., shut them all up when he observed: 'You're all wrong. Politicians are the easiest to operate on. There's no guts, no heart, no balls, no brains, and no spine... plus, the head and the ass are interchangeable.'
==================

i really laughed!! lmaosmiley.gif
  Forum: Off Topic Chat

early birds
Posted on: Oct 15 2020, 08:25 AM


Group: Member
Posts: 13,206

going to buy more as i can if it opens under 2.85!! for short term trades or long term investing, at 2.85 with the divy been hold 16cps ff,

not sure why people still sell them at current uncertain time[ on geo --political]??? unsure.gif
5g gonna roll out soon and it is favour to TLS. as we all know!!



  Forum: By Share Code

early birds
Posted on: Oct 15 2020, 08:14 AM


Group: Member
Posts: 13,206

US market finished lower last night session
but asx200 future showed strength , if it opens lower than 6160 then i would go long for the index
today the mining sector might do the lift, i suspect financials might do the "side kicker thingy" and asx200 to test that 6200 again.

  Forum: Macro Factors

early birds
Posted on: Oct 14 2020, 08:54 AM


Group: Member
Posts: 13,206

https://www.sharecafe.com.au/2020/10/14/tel...-covid-circles/


Telstra chairman John Mullen has given shareholders a guarded assurance that the telco is committed to maintaining the 16 cent dividend payment.



The board is acutely aware of the importance of the dividend to shareholders, and we understand the nervousness from some that COVID and other pressures may force Telstra to again cut its dividend.”


The board clearly understands the importance of the dividend and if necessary is prepared to temporarily exceed our capital management framework principle of paying an ordinary dividend of 70- 90% of underlying earnings to maintain a 16c dividend.”


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

historic low interests allow them to do so i guess!! should've see SP go back above 3 bucks soon enough!! imho

  Forum: By Share Code

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