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hisah
#5111 Posted : Tuesday, April 18, 2017 7:40:12 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
alutacontinua wrote:
So much going on today...

Firstly the announcement of a snap UK election slated for June 8th which had the GBP spike to a 4 month high while the FTSE-100 down 2.5% (biggest drop since the Brexit erasing all of the 2017 gains)

https://www.nytimes.com/...y-general-election.html

Next was the offloading of 22,000 contracts on Gold

http://www.zerohedge.com...3-billion-notional-sale

How an order (notional amount of $3B) was filled is a whole other matter all together...the almost instantaneous recovery is also something else.

Lastly is the debt ceiling for the US (we have 10 days until a shutdown) and the French election at the end of the month!!!

Volatility is about to strike!
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
murchr
#5112 Posted : Tuesday, April 18, 2017 8:54:32 PM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
hisah wrote:
alutacontinua wrote:
So much going on today...

Firstly the announcement of a snap UK election slated for June 8th which had the GBP spike to a 4 month high while the FTSE-100 down 2.5% (biggest drop since the Brexit erasing all of the 2017 gains)

https://www.nytimes.com/...y-general-election.html

Next was the offloading of 22,000 contracts on Gold

http://www.zerohedge.com...3-billion-notional-sale

How an order (notional amount of $3B) was filled is a whole other matter all together...the almost instantaneous recovery is also something else.

Lastly is the debt ceiling for the US (we have 10 days until a shutdown) and the French election at the end of the month!!!

Volatility is about to strike!



Snap election U-turn. She had to seek the pple's mandate.
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
alutacontinua
#5113 Posted : Tuesday, April 18, 2017 9:06:16 PM
Rank: Member

Joined: 3/23/2011
Posts: 304
murchr wrote:
hisah wrote:
alutacontinua wrote:
So much going on today...

Firstly the announcement of a snap UK election slated for June 8th which had the GBP spike to a 4 month high while the FTSE-100 down 2.5% (biggest drop since the Brexit erasing all of the 2017 gains)

https://www.nytimes.com/...y-general-election.html

Next was the offloading of 22,000 contracts on Gold

http://www.zerohedge.com...3-billion-notional-sale

How an order (notional amount of $3B) was filled is a whole other matter all together...the almost instantaneous recovery is also something else.

Lastly is the debt ceiling for the US (we have 10 days until a shutdown) and the French election at the end of the month!!!

Volatility is about to strike!



Snap election U-turn. She had to seek the pple's mandate.


And now we have a massive stop run from 1.28-1.29 in seconds

http://www.zerohedge.com...xplodes-stops-taken-out

I have a 1min candle on my charts that is 112pips d'oh! d'oh! d'oh!
You dont have to be great to START but you have to start to be GREAT!!!!!!!!
lochaz-index
#5114 Posted : Wednesday, April 19, 2017 8:50:21 AM
Rank: Veteran

Joined: 9/18/2014
Posts: 1,127
murchr wrote:
hisah wrote:
alutacontinua wrote:
So much going on today...

Firstly the announcement of a snap UK election slated for June 8th which had the GBP spike to a 4 month high while the FTSE-100 down 2.5% (biggest drop since the Brexit erasing all of the 2017 gains)

https://www.nytimes.com/...y-general-election.html

Next was the offloading of 22,000 contracts on Gold

http://www.zerohedge.com...3-billion-notional-sale

How an order (notional amount of $3B) was filled is a whole other matter all together...the almost instantaneous recovery is also something else.

Lastly is the debt ceiling for the US (we have 10 days until a shutdown) and the French election at the end of the month!!!

Volatility is about to strike!



Snap election U-turn. She had to seek the pple's mandate.

Some eye popping developments no doubt. 2017 appears to be the antithesis of 2016 from a politicos outlook. Will it last?

The establishment/mainstreamers were taken to the cleaners in ruthless fashion in 2016 globally. It would appear they are intent on making a comeback after smelling blood in the first major election of 2017 in the Netherlands.

After winning on anti-elite platform and promising an isolationist US leadership, Trump has now taken on a pro-war/global stance. He failed in his quest to repeal Obama care and those tax cuts or rather his whole agenda on which his mandate was premised on are looking like a tall order without compromises Whether he is toying with swamp or the swamp has swallowed him whole remains to be seen.

Following the brexit vote, the establishment has not for a second abandoned its soft brexit agenda, this snap election offers an opportunity to achieve it.

The litmus test is definitely the French elections. If the second round turns out to be a contest between the far left and the far right, the elite/establishment will be caught in a proverbial no man's land aka a lose-lose scenario where they will be reduced to backing the lesser of the two evils. That will in all likelihood set the tone for the remaining elections including Britain and Germany.

There is a chance that the Italians will also hold elections meaning that the big four EU economies will all go to the ballot this year. Last stand for the mainstreamers I suspect, brace for impact.
The main purpose of the stock market is to make fools of as many people as possible.
alutacontinua
#5115 Posted : Wednesday, April 19, 2017 5:24:00 PM
Rank: Member

Joined: 3/23/2011
Posts: 304
alutacontinua wrote:
So much going on today...

Firstly the announcement of a snap UK election slated for June 8th which had the GBP spike to a 4 month high while the FTSE-100 down 2.5% (biggest drop since the Brexit erasing all of the 2017 gains)

https://www.nytimes.com/...y-general-election.html

Next was the offloading of 22,000 contracts on Gold

http://www.zerohedge.com...3-billion-notional-sale

How an order (notional amount of $3B) was filled is a whole other matter all together...the almost instantaneous recovery is also something else.

Lastly is the debt ceiling for the US (we have 10 days until a shutdown) and the French election at the end of the month!!!


And again today...25000 Gold contracts dumped within a few minutes in the market. Looks like market players are seriously reconsidering the Reflation trade due to President Trump's agenda.

http://www.zerohedge.com...otional-ahead-london-fix
You dont have to be great to START but you have to start to be GREAT!!!!!!!!
lochaz-index
#5116 Posted : Thursday, April 20, 2017 8:38:19 PM
Rank: Veteran

Joined: 9/18/2014
Posts: 1,127
lochaz-index wrote:
murchr wrote:
hisah wrote:
alutacontinua wrote:
So much going on today...

Firstly the announcement of a snap UK election slated for June 8th which had the GBP spike to a 4 month high while the FTSE-100 down 2.5% (biggest drop since the Brexit erasing all of the 2017 gains)

https://www.nytimes.com/...y-general-election.html

Next was the offloading of 22,000 contracts on Gold

http://www.zerohedge.com...3-billion-notional-sale

How an order (notional amount of $3B) was filled is a whole other matter all together...the almost instantaneous recovery is also something else.

Lastly is the debt ceiling for the US (we have 10 days until a shutdown) and the French election at the end of the month!!!

Volatility is about to strike!



Snap election U-turn. She had to seek the pple's mandate.

Some eye popping developments no doubt. 2017 appears to be the antithesis of 2016 from a politicos outlook. Will it last?

The establishment/mainstreamers were taken to the cleaners in ruthless fashion in 2016 globally. It would appear they are intent on making a comeback after smelling blood in the first major election of 2017 in the Netherlands.

After winning on anti-elite platform and promising an isolationist US leadership, Trump has now taken on a pro-war/global stance. He failed in his quest to repeal Obama care and those tax cuts or rather his whole agenda on which his mandate was premised on are looking like a tall order without compromises Whether he is toying with swamp or the swamp has swallowed him whole remains to be seen.

Following the brexit vote, the establishment has not for a second abandoned its soft brexit agenda, this snap election offers an opportunity to achieve it.

The litmus test is definitely the French elections. If the second round turns out to be a contest between the far left and the far right, the elite/establishment will be caught in a proverbial no man's land aka a lose-lose scenario where they will be reduced to backing the lesser of the two evils. That will in all likelihood set the tone for the remaining elections including Britain and Germany.

There is a chance that the Italians will also hold elections meaning that the big four EU economies will all go to the ballot this year. Last stand for the mainstreamers I suspect, brace for impact.

Here comes 'the economist' to hammer home the establishment point of view in no uncertain terms re:French elections;
Quote:
Outright victory on May 7th for Marine Le Pen, on the far right, or Jean-Luc Mélenchon, on the hard left, would be a catastrophe.

http://www.economist.com...rfranceandanuncertainone
The main purpose of the stock market is to make fools of as many people as possible.
lochaz-index
#5117 Posted : Thursday, May 04, 2017 10:25:04 AM
Rank: Veteran

Joined: 9/18/2014
Posts: 1,127
Less foreign direct investments (both in terms of the number of projects and the amounts invested) combined with less portfolio investments resulted in less cash inflows into KE in 2016.
Quote:
Audit and consulting firm Ernst and Young says in the 2017 Africa Attractiveness Report that FDI fell 57.9 per cent while capital investment was down 55.5 per cent in 2016 compared to 2015.

Commodity dependent African countries have had their time in the cleaners, they should perform better in the short term compared to EA ones which have only just started experiencing hiccups. https://www.standardmedi...-into-kenya-fall-by-58pc
The main purpose of the stock market is to make fools of as many people as possible.
lochaz-index
#5118 Posted : Tuesday, May 09, 2017 4:02:25 PM
Rank: Veteran

Joined: 9/18/2014
Posts: 1,127
Wonders never cease. Greek 10yr bond yields are at 5.49%. Zero/negative pricing for the risk of default or even the fact that they would still need more bailouts so as to dodge future no shows.
Quote:
Greece’s benchmark yield, a barometer for the markets’ take on the state of the country after nearly €350bn of bailouts, has slipped five basis points (0.05 percentage points) to a fresh low of 5.49 per cent today.

https://www.ft.com/conte...-3744-8f84-8b015a7676ad
Unflinching calm in global markets continues to persist oblivious of all recent developments. Quite some feat it is.
The main purpose of the stock market is to make fools of as many people as possible.
alutacontinua
#5119 Posted : Thursday, May 11, 2017 1:04:08 PM
Rank: Member

Joined: 3/23/2011
Posts: 304
Yet another day of weakness in the Shanghai Composite Index. 7th decline in 8 days as China deleverages. Its broken the January 17th lows. Could this be major macro story moving forward???
You dont have to be great to START but you have to start to be GREAT!!!!!!!!
hisah
#5120 Posted : Thursday, May 11, 2017 4:34:11 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
alutacontinua wrote:
Yet another day of weakness in the Shanghai Composite Index. 7th decline in 8 days as China deleverages. Its broken the January 17th lows. Could this be major macro story moving forward???

I've been following this index since 2015. It is forming a huge triangle mapped on the high of October 2007 and lower high of June 2015 vs low of May 2005 and higher low of March 2014. The next move that breaks prices out of that long term time frame will be explosive. Also note on the 20yr chart a descending wedge is forming with the base at 2000 level. A break below that level with be an earthquake!
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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