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early birds
Posted on: Today, 09:54 AM


Group: Member
Posts: 13,131

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: Yesterday, 03:30 PM


Group: Member
Posts: 13,131

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: Yesterday, 03:11 PM


Group: Member
Posts: 13,131

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: 13,131

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: 13,131

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: 13,131

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: 13,131

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: 13,131

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: 13,131

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: 13,131

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: 13,131

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: 13,131

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: 13,131

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: 13,131

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: 13,131

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: 13,131

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: 13,131

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: 13,131

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: 13,131

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: 13,131

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: 13,131

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: 13,131

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: 13,131

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: 13,131

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: 13,131

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: 13,131

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: 13,131

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: 13,131

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: 13,131

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: 13,131

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: 13,131

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: 13,131

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: 13,131

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: 13,131

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: 13,131

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: 13,131

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: 13,131

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: 13,131

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: 13,131

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: 13,131

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: 13,131

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: 13,131

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: 13,131

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: 13,131

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: 13,131

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: 13,131

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: 13,131

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: 13,131

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: 13,131

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: 13,131

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: 13,131

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: 13,131

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: 13,131

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: 13,131

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: 13,131

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: 13,131

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: 13,131

what is your mean H??? unsure.gif

  Forum: Macro Factors

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


Group: Member
Posts: 13,131

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: 13,131


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: 13,131

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: 13,131

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: 13,131

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: 13,131

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: 13,131

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: 13,131

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: 13,131

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: 13,131

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: 13,131

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: 13,131

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: 13,131

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: 13,131

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: 13,131

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: 13,131

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: 13,131

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: 13,131

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: 13,131

(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: 13,131

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: 13,131

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: 13,131

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: 13,131

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: 13,131

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: 13,131

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: 13,131

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: 13,131

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: 13,131

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: 13,131

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: 13,131

why???????????????????? unsure.gif

  Forum: Off Topic Chat

early birds
Posted on: Nov 5 2020, 08:04 AM


Group: Member
Posts: 13,131

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: 13,131

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: 13,131

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: 13,131

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: 13,131

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: 13,131

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: 13,131

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: 13,131

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: 13,131

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: 13,131

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: 13,131

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: 13,131

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: 13,131

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: 13,131

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: 13,131

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: 13,131

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: 13,131

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: 13,131

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: 13,131

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: 13,131

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: 13,131

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: 13,131

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: 13,131

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: 13,131

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: 13,131

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: 13,131

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: 13,131

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: 13,131

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: 13,131

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: 13,131

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: 13,131

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: 13,131

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: 13,131

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: 13,131

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: 13,131

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: 13,131

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: 13,131

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: 13,131

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

early birds
Posted on: Oct 14 2020, 08:27 AM


Group: Member
Posts: 13,131

oversea's market did little pull back last night, they overbought for short term anyway.

asx200 tested 6200 yesterday, for the longs ---keep eye on 6125, prefer stops set at there about. still think long bias today if asx200 open at 6150ish.
may be better sitting on the fence if one don't have confident !!

  Forum: Macro Factors

early birds
Posted on: Oct 13 2020, 09:21 AM


Group: Member
Posts: 13,131

ann today, road show will start
and price jumped up nearly 4% [well!!!!!!!!!! at really low base] but still good action,
i really do expecting it go over 3 bucks from valuation point of view!!

i hold stake from cash and cfd's . so my view is really siased !! [ think the stock worth 3.25 at least]

  Forum: By Share Code

early birds
Posted on: Oct 13 2020, 07:52 AM


Group: Member
Posts: 13,131

but keep eye on asx200 at 6125 level, if it can go through there with strong action, then target for 6200 this week! imho

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

only tuesday, the future is at 6170ish as US market had strong days as market hanging on the hopes of trumpie's stimulus,,
when he wants market down ,, he simplly called off the stimulus, once his mate closed out shorts and turn to longs , he wants his stimulus start again, you've got to be his mate to know that play book... weirdsmiley.gif
wingy wingy aside
asx200 seems gonna test that 6200 sooner than my thoughts [ i thought it might tested it right at end of this week]

could see some sorta buying [ short squeeze and p/o buying, asx200 index went over 6125] imho

  Forum: Macro Factors

early birds
Posted on: Oct 12 2020, 08:42 AM


Group: Member
Posts: 13,131

not sure why asx200 will be down a bit as US EU market doing really well last Friday??

but keep eye on asx200 at 6125 level, if it can go through there with strong action, then target for 6200 this week! imho

most of market looks bullish on TA term!!

  Forum: Macro Factors

Poll: The Banks
early birds
Posted on: Oct 10 2020, 04:44 PM


Group: Member
Posts: 13,131

hi nipper
my thoughts only
IF i meant if a property default ---the loan is from CBA, then CBA will auction the property on the market, so the one who buys it will have new loan [most likely] if he'/she didn't get loan from CBA then will get from others, ANZ, WBC, NAB, BOQ eg.......
so the loan just will circle around because of the property still there ....it just 10% less value then before......
am i right ??????????? tongue.gif

  Forum: Investment Discussion

early birds
Posted on: Oct 9 2020, 02:58 PM


Group: Member
Posts: 13,131

asx200 touched 6125 but didn't get through it sad case for the bulls

but it still sit on 6120 ish , see how future goes tonight session!!

  Forum: Macro Factors

early birds
Posted on: Oct 9 2020, 11:43 AM


Group: Member
Posts: 13,131

https://au.yahoo.com/news/coronavirus-sydne...-002454770.html

Premier Gladys Berejiklian confirmed a total of 10 new cases to reporters on Friday, a day after NSW broke its 12-day streak of no known community transmission with eight new cases.

Five cases were detected in hotel quarantine.

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

i just want to cry to see this!!!!!!!!!!!!!!!!!!

  Forum: Off Topic Chat

early birds
Posted on: Oct 9 2020, 11:41 AM


Group: Member
Posts: 13,131

not sure why tested 6115ish then seems no one wants buy the market?? volume is really thin so far!

is the higher AUD that put lid on our market this far?? unsure.gif

  Forum: Macro Factors

early birds
Posted on: Oct 9 2020, 07:38 AM


Group: Member
Posts: 13,131

major market had another up day last night

now SPX targeted 3710 for longer term, and 3645 for shorter term.

asx200, 6100 tested today aim for 6125 over come there then 6200ish is the short term target, i reckon it is most likely case.

might see the nice opening for our market!!



  Forum: Macro Factors

early birds
Posted on: Oct 8 2020, 10:58 AM


Group: Member
Posts: 13,131

https://au.yahoo.com/news/nsw-coronavirus-c...-004635780.html

Of that cluster, we had one person who hosted a social event at the home. And that was a female in their 30s, who also is a health care worker at Liverpool hospital. That health care worker did not have symptoms,” she said.

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

wuge mama!!! sadsmiley02.gif

  Forum: Off Topic Chat

early birds
Posted on: Oct 8 2020, 07:58 AM


Group: Member
Posts: 13,131

https://www.cnbc.com/2020/10/07/stock-rally...s-spending.html

I’m surprised that everybody is all bulled up about it again,” John Briggs, head of strategy at NatWest Markets.



Stimulus isn’t not going to happen. It’s just that the timing is not that clear. And that’s a situation where I think the market is going to be able to look through it ultimately,” said Tom Lee, founder of Fundstrat. “It’s not like one side or the other doesn’t want stimulus. The sticking point is the ultimate magnitude

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

chaos as it is, but TA all point upwards!!

asx200 bit of "digest phase" today, i guess financials might do the heavy lifting for today!! imho

  Forum: Macro Factors

early birds
Posted on: Oct 7 2020, 02:18 PM


Group: Member
Posts: 13,131

https://www.msn.com/en-au/news/brisbane/qld...ses/ar-BB19M0yZ


Premier Gladys Berejiklian has criticised the Queensland government’s threshold for reopening its borders for being “unrealistic” as New South Wales records three cases of community transmission overnight.

Two of the new infections were reported in south-western Sydney and another in Western Sydney.

Ms Berejiklian said the new cases aligned with traces of the virus health authorities detected in south-west and north-west Sydney sewerage systems.

The state also recorded three new cases in returned overseas travellers in hotel quarantine.

The locally acquired infections could see Queensland extend its border closure to NSW as it breaks the requirement for 28 days of zero community transmission.

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

just thought we will be free..............here it comes!! sadsmiley02.gif
faaaaaaaaaaaaaaaaaaaaaaaaaaak!! weirdsmiley.gif

  Forum: Off Topic Chat

early birds
Posted on: Oct 7 2020, 09:35 AM


Group: Member
Posts: 13,131

https://www.msn.com/en-au/money/markets/fx-...win/ar-BB19LGHS

Options are widely used to hedge against expected moves ahead of a major event. "Vol" is a key input in the price of an option and can vary for an instrument depending on supply and demand for options and time to maturity. The higher the volatility, the greater the uncertainty over a given term.

Options strategists pointed to flatter implied volatility curves for most currency pairs and said longer-dated volatility, three months and onwards, traded lower than the shorter-dated vols.

This suggested that investors are expecting less chaos and a calmer market weeks after the Nov. 3 election. The three-month volatility extends until December and any view or expectation of turmoil will be reflected in the options pricing for this period.

=======

kinda think the same for me!! if "sleepy Joe" wins then market will be less choppy , but most of thingy will be the same as trumpies only more of lefty side!!
so much heapy about this election !!

  Forum: Macro Factors

early birds
Posted on: Oct 7 2020, 09:02 AM


Group: Member
Posts: 13,131

there was a one of many " confusion " day yesterday, as asx200 started selling down at start of the day despite most of TA, FA eg all line up for the upside, only to recover by end of the day.
i was scratch my head
now i know who the hell is selling-----the one in the knows that what trumpies gonna do with stimulus weirdsmiley.gif

https://www.cnbc.com/2020/10/06/trump-says-...e-election.html

in wall street , there is a words----" if you are not insider, then you are outsider"!!.. sooooo true!!!!!!!!!!!!!!

for asx200 the friendly budget might save our market from this sell off!!

besides , only one month away , we might know the the results and stimulus is back on again!!

  Forum: Macro Factors

early birds
Posted on: Oct 6 2020, 08:40 AM


Group: Member
Posts: 13,131

Market rallied again SPX on the roll to the upside, as TA study all line up for the sky

asx200 will have another pump up day as 5975 as the mid line for today's session, out side chance for it to test 6000 again today.
USA stimulus looks gonna happen today as our friendly budget gonna showing up.... all good news for the bulls..

  Forum: Macro Factors

early birds
Posted on: Oct 6 2020, 08:35 AM


Group: Member
Posts: 13,131

mainly use Commsec and Westpac. they have problems too some times.
Commsec might be little better with my experience !! a lot of young kids use
" robinhood" or something these days, i have not touched them so far!!

  Forum: Investment Discussion

early birds
Posted on: Oct 5 2020, 10:59 AM


Group: Member
Posts: 13,131

NSW records zero new locally transmitted cases
Finbar OMallon

New South Wales has now recorded no locally transmitted cases of COVID-19 for ten days in a row. The one case reported in the 24 hours leading up to 8pm Sunday is a returned traveller in hotel quarantine.

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

10 days, hope we get another 5 or more days like that, as summer come, soon we will be free again!! fingers crossed !! ohmy.gif [ am not a superstitious man, ] but.......

  Forum: Off Topic Chat

early birds
Posted on: Oct 5 2020, 09:23 AM


Group: Member
Posts: 13,131

Week Ahead: October will be Anything but Normal

As if things couldn’t get more bizarre in 2020, US President Trump and his wife have tested positive for the coronavirus, only weeks ahead of the November 3rd US election. Traders will be monitoring the situation to see how it will affect the campaigning. This comes ahead of the Vice-Presidential debate on Tuesday, which now may be the most anticipated Vice-Presidential debate EVER! After a relatively quiet week of negotiations regarding Brexit, UK’s Johnson and EU’s von der Leyen will hold high level talks this weekend, with hopes of breaking through stalemates. The coronavirus is continuing to pick up steam and it seems to be stalling the economic rebound in many countries. In addition, US House leader Nancy Pelosi and Treasury Secretary Mnuchin continue talks to try and push through another fiscal stimulus package before the election.

brings forward the anticipation of the Vice-Presidential debate to be held on Tuesday. As neither of the Presidential candidates are getting any younger, with Trump at age 74 and Biden at age 78, one of these two Vice-Presidential candidates may have to step into role of President over the next 4 years if the sitting President cannot perform his duties as Commander-in-Chief. Trump’s coronavirus reminds us the even the most protected people in the world are susceptible to illness. Usually the Vice-Presidential debate is a non-event. However, the world will be watching Tuesday night with more interest than usual.


Last week’s economic data showed that the rebound in economic activity is slowing. US Non-Farm Payrolls showed that only 663,000 jobs were created in September, down from 1,489,000 in August. In addition, countries around the world are showing upticks in coronavirus cases and slowing in manufacturing, consumer activity, and jobs. For example, Australia’s retail sales print was -4% for August, showing that the local lockdowns have hurt. The RBA meets this week to discuss interest rates and stimulus. The central bank said at their last meeting that Australia is in recovery mode, however the road will be bumpy. Watch the statement this week for the RBA to set the table for more QE and stimulus at the November meeting. Other central banks also noted last week the potential for more stimulus, such as the BOJ, ECB, and the BOE.

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

get our head around it people!!
  Forum: Investment Discussion

early birds
Posted on: Oct 5 2020, 09:03 AM


Group: Member
Posts: 13,131

public holiday for NSW, QLD. but not in MLB
so asx200 open for trade, i guess it will be light volume!!
as US EU market recovered from initial sell offs by the news that trump caught covid--19. asx200 gonna be all the way back, still think 5900 then 5925 is the up side target.

if one not sure, keep stay on the fence, market moves so weird these days.

  Forum: Macro Factors

early birds
Posted on: Oct 2 2020, 04:38 PM


Group: Member
Posts: 13,131

lmaosmiley.gif
nipper , trump caught the virus , that start from wuhan, but isn't it him self carelessness to blame ???

joke aside

===================
In the grim—and statistically unlikely—case that one is needed, a road map also exists for what would happen if the president and vice president were both to pass away. “In that event, the line of succession is clear,” says Ilya Somin, a law professor at George Mason University. “House Speaker Nancy Pelosi would take over.”

https://www.bloomberg.com/news/articles/202...nd=premium-asia

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

not sure where market direction is........ it's just chaos after chaos. year of 2020!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

  Forum: Off Topic Chat

early birds
Posted on: Oct 2 2020, 04:16 PM


Group: Member
Posts: 13,131

to honest B
i felt strange as why market reacting so negatively as trump caught the virus finally?? unsure.gif

NFPR tonight, that would be the market mover right??

  Forum: Off Topic Chat

early birds
Posted on: Oct 2 2020, 03:17 PM


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Posts: 13,131

https://www.cnbc.com/2020/10/01/stock-marke...close-news.html

Futures tied to the Dow Jones Industrial Average plummeted 428 points. S&P 500 futures and Nasdaq 100 futures were also in negative territory.

Earlier, investors watched stimulus developments after the House passed a $2.2 trillion coronavirus stimulus plan on Thursday night, despite Democrats and the Trump administration remaining divided on key items in the legislation.

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

wugy mama!!!!!!!! ohmy.gif

what else?? !!,
  Forum: Off Topic Chat

early birds
Posted on: Oct 2 2020, 08:49 AM


Group: Member
Posts: 13,131

not much changed last night
asx200 still in the bearish camp , untill 5925 over pass can't see many bulls will be out there.

the day for the scalper on the fence i guess!! tongue.gif

  Forum: Macro Factors

early birds
Posted on: Oct 2 2020, 08:40 AM


Group: Member
Posts: 13,131

https://www.msn.com/en-au/money/news/house-...ree/ar-BB19CsAe


House Democrats discuss tougher antitrust law, some Republicans agree


The antitrust subcommittee, chaired by Representative David Cicilline, is expected to release a much-anticipated report into the four big tech companies -- Amazon.com Inc , Facebook Inc , Apple and Alphabet's Google -- as soon as Monday.
In the hearing, Cicilline said the tech companies used strategies such as self-preferencing and predatory pricing to grow. "These once-scrappy, underdog startups have grown into the kinds of monopolies we last saw more than a century ago," he said.

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

not good to Ndaq100, ----then it might drag down the market as whole??? unsure.gif

i remember they use to kept stick on Bill Gates MSFT for a long while before!!

  Forum: Investment Discussion

early birds
Posted on: Oct 1 2020, 09:26 AM


Group: Member
Posts: 13,131

https://www.msn.com/en-au/news/melbourne/ma...hed/ar-BB19zZv3

A separate poll for The Australian published on September 21 found 62 per cent of Victorian voters agreed the premier has managed the crisis well, despite the hotel quarantine bungle that sparked the second wave.


Separately, 61 per cent of voters around Australia, including 57 per cent of Coalition voters, said the restrictions which locked Victorians at home and prevented them from travelling interstate, were appropriate.

Mr Andrews is facing growing criticism within his party over the state's COVID-19 response with numerous calls to resign in the wake of the pandemic.

However, sources say with no alternative leader banging on the door he is unlikely to be challenged for the top job.


=====================
i thought they gonna throw him out after that much negative news pile on him, esp after second wave, who knows these days!! ohmy.gif

  Forum: Off Topic Chat

early birds
Posted on: Oct 1 2020, 09:17 AM


Group: Member
Posts: 13,131

can't take a week off nipper

i'm with market, afraid of something [ skirmish between china and USA during one week time as people see what trumpie did on the first debate]

keep eye on, still think EU market will be the winner . imho

  Forum: Macro Factors

early birds
Posted on: Oct 1 2020, 09:12 AM


Group: Member
Posts: 13,131

https://www.sharecafe.com.au/2020/10/01/san...or-gas-project/

Australian Workers’ Union national secretary Daniel Walton said the Narrabri project would ensure NSW was provided with lower gas prices, which would mean cheaper electricity for households.

“Our union has never accepted the false choice between gas and renewables – you need the reliability of the former to allow the latter to flourish,” he told the media.

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

union gonna make Scotmo happy this time, what about water front union??? lmaosmiley.gif

  Forum: By Share Code

early birds
Posted on: Sep 30 2020, 06:47 PM


Group: Member
Posts: 13,131

people blame on the debate , i think something else .
their market gonna shut for a week, and a lot of things could happen. 2020 gonna be the year to remember!! weirdsmiley.gif

the selling is more to do with uncertainty as chinese went into their national day of holiday for a week?? [golden week or something]

anyway, asx200 needs to hold 5780ish, to keep upside intact !!imho

SPX tested 3350ish and met rs , if it not go back above 3350 next two session , then 3310ish still will be the target!!
but if it did close above 3350, that will sent most of market higher next week!!

  Forum: Macro Factors

early birds
Posted on: Sep 30 2020, 09:33 AM


Group: Member
Posts: 13,131

https://www.afr.com/companies/energy/santos...20200929-p560dz

Santos has won conditional state environmental approval for its controversial $3.6 billion Narrabri gas project in northern NSW but opponents have immediately vowed to ramp up their battle to prevent it ever going ahead.

The ruling from the NSW Independent Planning Commission, which dictates a phased development under 134 conditions, sits neatly with the federal government's push for a gas-led economic recovery.


The ruling effectively dictates the future of the gas industry in the state, influencing whether NSW can develop its own plentiful coal seam gas resources or whether it will rely on imports from Queensland, South Australia and overseas for future supplies.


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

local people isn't happy about. but it is in line with Scotmo's "gas economy"!!

  Forum: By Share Code

early birds
Posted on: Sep 30 2020, 09:25 AM


Group: Member
Posts: 13,131

as asian stock market been hit with wave of selling yesterday,
asx200 future looks weak as it is. only to see today's range might trading between 5888---5937, with 5900 as a battle line.
and today is last date of the months and also is quarter of last three months. so to see some balance action that nothing to do with stocks FA .

  Forum: Macro Factors

early birds
Posted on: Sep 29 2020, 09:30 AM


Group: Member
Posts: 13,131

so, US market did punch through 3280, after dip below 3230. it finished in bullish trend. but still not out of woods yet.
if SPX get through 3315---3325, get on the long trade, if not, then stay aside!!

asx200, expecting it to test that 6000 again at open, keep eye on 6025, get through there i reckon should get on the long trade. imho.

kinda lean towards up side today, if one like to DT .

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

looks likw this posts from yesterday should've post this morning before the bell!! blush.gif

SPX and EU market all had good session last night., so expecting asx200 to reacting positively today,
but i'm so sure what our market will react when the asx200 index hit through 6000 again?? unsure.gif [ suppose to be bullish]

  Forum: Macro Factors

early birds
Posted on: Sep 28 2020, 08:31 PM


Group: Member
Posts: 13,131

don't know about circuit break , but things strike me is that how come someone still try to paying over 17, 18 bucks for the stock and the tension between china and australia really gets higher months ago??

try to squeeze shorters like me ah?? cool.gif seems i'm the one had last laugh lmaosmiley.gif
to me it worth less than 10 bucks, as the relation gets uglier by the day,
i had a lot to say about it. but not in here. we just think about investment, dealing with what likely to happen and where to put our money!! tongue.gif

  Forum: By Share Code

early birds
Posted on: Sep 28 2020, 01:16 PM


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Posts: 13,131

https://www.msn.com/en-au/news/australia/vi...ial/ar-BB19u4cI

Victoria records just five new coronavirus cases – but Daniel Andrews says testing still essential

============
only 5 new case,!! it is good news for Vic . hope it get's to zero soon like sydney . then all the board gonna open up, all of us can move freely without fear in australia. that would be nice!! tongue.gif

here is hope!!

  Forum: Off Topic Chat

early birds
Posted on: Sep 28 2020, 10:34 AM


Group: Member
Posts: 13,131

https://www.cnbc.com/2020/09/28/tiktok-ban-...pp-stores-.html

Judge blocks Trump administration’s ban on new TikTok downloads from US app stores

============
the news might have some short term boost for market, not sure how long it will last??? unsure.gif

  Forum: Investment Discussion

early birds
Posted on: Sep 28 2020, 09:56 AM


Group: Member
Posts: 13,131

asx200 future opened up a lot weaker than i thought . long bet is off the table for today, see how it goes.

  Forum: Macro Factors

early birds
Posted on: Sep 28 2020, 09:06 AM


Group: Member
Posts: 13,131

so, US market did punch through 3280, after dip below 3230. it finished in bullish trend. but still not out of woods yet.
if SPX get through 3315---3325, get on the long trade, if not, then stay aside!!

asx200, expecting it to test that 6000 again at open, keep eye on 6025, get through there i reckon should get on the long trade. imho.

kinda lean towards up side today, if one like to DT .

  Forum: Macro Factors

early birds
Posted on: Sep 25 2020, 05:59 PM


Group: Member
Posts: 13,131

https://www.afr.com/companies/financial-ser...20200925-p55z8o

Investors are likely to foot the bill for Westpac's record-breaking $1.3 billion AUSTRAC penalty through a lower final dividend in November, as they welcome the settlement as a chance for management to refocus on the business of banking.




Richard Wiles, an analyst with Morgan Stanley, said the dent to the bank's capital ratios was "immaterial" and the settlement would end a source of uncertainty for investors.

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

pump it up first !! worry about earning later!! tongue.gif

from high of near aud$40 to just little over 17 bucks , with the size of the bank and lose policies , we might see some good percentage gain for next year??? unsure.gif

what do you guys think???
  Forum: By Share Code

early birds
Posted on: Sep 25 2020, 12:35 PM


Group: Member
Posts: 13,131

https://www.afr.com/companies/financial-ser...20200925-p55z6k

Banks welcomed the changes, saying they would reduce the burden of regulation, cut red tape for consumers and allow them to approve loan more quickly. They will also help small businesses access credit, supporting employment as the economy recovers from the crisis. Westpac said.

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

that is real reason to lift big 4 banks, in a big way. forget about GFC subprime!!!! lmaosmiley.gif

anyway, we could see something to support our bleeding economies!!

  Forum: By Share Code

early birds
Posted on: Sep 25 2020, 10:13 AM


Group: Member
Posts: 13,131

up over 7% now, looks like shorts on the run,
it carried whole banking sector rallying atm!!

  Forum: By Share Code

early birds
Posted on: Sep 25 2020, 09:35 AM


Group: Member
Posts: 13,131

i had similar thoughts with you of last night's market action.
sellers will be back next week.
will look at those technical levels though. like SPX for 3280ish
asx200 for 5925ish

if above level been hit through than bulls will have go again, other wise , down she goes !!!

  Forum: Investment Discussion

early birds
Posted on: Sep 25 2020, 09:23 AM


Group: Member
Posts: 13,131

whatch the SPX for it's first hour trading, looks bulls [ more likely market maker] try to force shorters to cover their shorts after breakdown the 3230level that trigger the longs to bail out at first half hour.

as the SPX cash market closed above 3230, there isn't much to do , but it looks like a short term short cover rally , not a bottoming setting to me!! unsure.gif
keep eye on 6280ish , hit through there that might bring out more bullish bet!! imho

asx200, again the future holds above that support level[5788ish2], now is at 5885, i guess it will hit through 5900 again today.

  Forum: Macro Factors

early birds
Posted on: Sep 24 2020, 10:23 AM


Group: Member
Posts: 13,131

it is the system made it like that, have to change the system to change to what you like the way .
other than that i guess we little holders only can cop it on the chin.
that is why we are here to help each other to find relatively safe bet..... but still can't avoid these type of thingy!! sadsmiley02.gif

  Forum: By Share Code

early birds
Posted on: Sep 24 2020, 09:44 AM


Group: Member
Posts: 13,131

Australia's Westpac agrees to settle money-laundering case for $920 million


https://www.msn.com/en-au/money/news/austra...ion/ar-BB19mlax


Australia's Westpac Banking Corp said on Thursday it would pay A$1.3 billion ($920 million) to settle a case filed by the country's financial crimes watchdog against the lender for breaching anti-money laundering and counter-terrorism laws.
Last November, AUSTRAC filed a civil lawsuit accusing the Sydney-based bank of presiding over 23 million payments that violated anti-money laundering protocols, including payments by Australians to child pornography purveyors in the Philippines.

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

the sword falls on WBC's head ----finally. time to to have good look at it i suppose !!?? unsure.gif

  Forum: By Share Code

early birds
Posted on: Sep 24 2020, 09:28 AM


Group: Member
Posts: 13,131

the future of SPX is sitting on the level 3230 now, expecting it to be broken intra--day . i guess it will target 3100ish [200 day ma] if it close below it at cash market.

asx200 will test that 5788ish , hope it can hold there, if not , then more of selling to come imho

as for today, range between 5850---5825???? unsure.gif

  Forum: Macro Factors

early birds
Posted on: Sep 24 2020, 09:23 AM


Group: Member
Posts: 13,131

wanted to point out our US Strategist, Ed Clissolds note from last night (Rotation? Correction? Neither? Both?). We draw 3 conclusions from the current market action:

The market is approaching short-term oversold levels, but sentiment and seasonals suggest it could remain defensive over the short term.
Cycles and longer-term breadth indicators suggest September weakness is more likely a bull correction than a cyclical bear.
Rotation has been underway selectively, but mega-cap Growth and Financials have been masking it


A couple of points expanding on what we see short term:

The pullback has been orderly, which is not how declines typically end. The percentage of stocks above their 10-day moving averages has fallen to 19.1%. Historically, oversold readings have come when the percentage falls below 7.7% and then reverses above it (see S242 shown below)
Looking at our daily trading sentiment composite, since 2018, declines have driven the sentiment composite into the low-to-mid 20s, except for bigger drops in December 2018 and March 2020. Additional pessimism may be needed to wash out the bulls after a powerful five-month rally (the low we saw recently was 34)
On September 9, we showed that the equity put/call ratio fell to a 20-year low (S583). The smoothed equity P/C ratio has climbed from 43.8 to 53.8. It remains 10 points below its long-term average; however, suggesting that the extreme option optimism has not been reversed.

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

had some stats with the analysis , that is one of the thoughts, seems rotation become popular words these days.
  Forum: Investment Discussion

early birds
Posted on: Sep 23 2020, 09:51 AM


Group: Member
Posts: 13,131

they doing it for living.

i'm little disappointed , because they didn't recommend TLS as value stock,

they do have their research term and mathds , but still just a opinion .

  Forum: Investment Discussion

early birds
Posted on: Sep 23 2020, 09:22 AM


Group: Member
Posts: 13,131

Macquarie says ASX value shares will outperform growth stocks from here

Best ASX value stocks to buy
These are the reasons why the broker added seven ASX stocks to its model portfolio. These include the Westpac Banking Corp (ASX: WBC) share price and Australia and New Zealand Banking GrpLtd (ASX: ANZ) share price.

The remaining industrials are the BlueScope Steel Limited (ASX: BSL) share price, Seven Group Holdings Ltd (ASX: SVW) share price, Lendlease Group (ASX: LLC) share price, United Malt Group Ltd (ASX: UMG) share price and Ampol Ltd (ASX: ALD) share price.

The broker also increased its position in the Worley Ltd (ASX: WOR) share price, Crown Resorts Ltd (ASX: CWN) share price, GPT Group (ASX: GPT) share price and Sydney Airport Holdings Pty Ltd (ASX: SYD) share price.

On the flipside, some stocks that Macquarie dropped from the portfolio include the Wesfarmers Ltd (ASX: WES) share price and Amcor CDI (ASX: AMC) share price.

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

from motley fool. just another opinion!!! DYOR as always

  Forum: Investment Discussion

early birds
Posted on: Sep 23 2020, 09:11 AM


Group: Member
Posts: 13,131

yeah, tombeet
the US market have a lot of reasons to this pull back. i do think USA will have second stimulus as election come close.
my view for this pull back is overbought, geo--risk, uncertainty of TIK TOK deal, all weighing up for this selling.
SPX bounced last night, but it far from out of woods . keep eye on 3325---3350, go over there will trigger short cover, down side target is 3230 the level is important for the bulls

asx200 future had good session last night, expecting some sota rebound from over sold level for short term. and it did hit support yesterday!!

like break record -----lean to long side if it opens 5830---[prefer 5825].imho



  Forum: Macro Factors

early birds
Posted on: Sep 22 2020, 10:57 AM


Group: Member
Posts: 13,131

had a lot of little trades last night didn't make much money.

asx200 is sit right on the support and seems bounced

SPX key level is at 3230ish break down there, target 3100ish pure TA

  Forum: Macro Factors

early birds
Posted on: Sep 22 2020, 10:39 AM


Group: Member
Posts: 13,131

yeah Mick

seems people selling everything indiscriminate , scared of illegal transfer by those major banks flare up again. that include JPM { lmaosmiley.gif

for asx200 the index is right on the support level, not so sure it will hold it or not. it's pure from TA point of view

SPX hold that support level of 3230ish last night and bounced from there, if break down that level then 3100ish will be the target to the down side. if it can hold there then short term selling is over, might see a side way action for next two months. imho!!



  Forum: Investment Discussion

early birds
Posted on: Sep 21 2020, 08:53 AM


Group: Member
Posts: 13,131

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

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

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

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

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

  Forum: Macro Factors

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


Group: Member
Posts: 13,131

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

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

  Forum: Macro Factors

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


Group: Member
Posts: 13,131

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

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

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

happy hunting Friday!!

  Forum: Macro Factors

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


Group: Member
Posts: 13,131

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

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

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

not gonna say anything !!!

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

  Forum: Macro Factors

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


Group: Member
Posts: 13,131

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

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

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

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

  Forum: Macro Factors

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


Group: Member
Posts: 13,131

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

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


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

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

  Forum: Off Topic Chat

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


Group: Member
Posts: 13,131

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

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

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

DYOR as always

  Forum: Investment Discussion

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


Group: Member
Posts: 13,131

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


===========

from Bloomberg

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

  Forum: Macro Factors

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


Group: Member
Posts: 13,131

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

  Forum: Macro Factors

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


Group: Member
Posts: 13,131

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

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


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

dovish Fed !!

  Forum: Investment Discussion

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


Group: Member
Posts: 13,131

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

commodities did well lead by oil price

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

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

  Forum: Macro Factors

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


Group: Member
Posts: 13,131

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

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

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

take the easy Mick!!

  Forum: Investment Discussion

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


Group: Member
Posts: 13,131

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

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

  Forum: Investment Discussion

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


Group: Member
Posts: 13,131

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


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

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

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

  Forum: Investment Discussion

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


Group: Member
Posts: 13,131

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

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

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

  Forum: Macro Factors

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


Group: Member
Posts: 13,131

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

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

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

  Forum: Macro Factors

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


Group: Member
Posts: 13,131

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

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

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

  Forum: Macro Factors

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


Group: Member
Posts: 13,131

Friday again, tongue.gif

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

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

  Forum: Macro Factors

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


Group: Member
Posts: 13,131

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

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



  Forum: Investment Discussion

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


Group: Member
Posts: 13,131

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

  Forum: Macro Factors

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


Group: Member
Posts: 13,131

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

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

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

  Forum: By Share Code

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


Group: Member
Posts: 13,131

lmaosmiley.gif

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

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

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

  Forum: Macro Factors

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


Group: Member
Posts: 13,131

support for asx200

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

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

  Forum: Macro Factors

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


Group: Member
Posts: 13,131

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

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

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

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

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

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

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


Group: Member
Posts: 13,131

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

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

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

  Forum: Macro Factors

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