A compelling picture is emerging on the$S&P/ASX 200 (.XJO.AU)$chart. The index is approaching a crucial chart point at 8,060 just as Australian voters prepare to go the polls on Saturday. The positioning of the index indicates a potentially huge market reaction to the election result – in contrast to polls that show a Labor victory is increasingly likely. The chart point would draw traders’ attention even without the backdrop of a federal electi...
TWIMO (151403908)
:
Wow! Fascinating chart… I always wondered if decision maker’s reacts to the charts or the charts depicts their actions. I hope it is the latter because we need confident leaders. Anyways, I reckon neither party’s able to influence the market. Just don’t be as reckless as Morrison government damaging the wine and seafood industry…
Michael McCarthy CEO
OPTWIMO (151403908)
:
it's a fascinating question, and it's amazing the number of times that technical analysis has forecast a market surprise. A colleague once wrote an article called "Is Fibonacci a member of the FOMC?" (The Fed's decision-making group) after the USD/JPY charts predicted a surprise Fed move. Chicken and egg?
TWIMO (151403908)
Michael McCarthy CEO
OP
:
Please tell us which is the more likely one trader that I follow decided to Call on SPY and a few mag 7 stocks at that extreme oversell 2 weeks ago…. She got some real pleading and criticism for challenging markets seemingly searching for the bottom… boy did she call it correct…. all based on reading the technicals…. amazing…
Michael McCarthy CEO
OPTWIMO (151403908)
:
It's an important principle - those seeking better than average returns must go against the crowd, at least some of the time.
$BHP Group Ltd (BHP.AU)$ A Deep Dive into the Mining Giant's Recent Performance and Future Prospects BHP Group Limited (BHP), a significant player in the global mining sector, with operations spanning copper, iron ore, coal, and nickel, emphasises long-term value creation through its portfolio of world-class assets. The mining industry has encountered headwinds in the form of tariff concerns, fluctuating commodity demand, and geopol...
G'day, mooers! Check out the latest news on today's stock market! • Major stock indexes all fall on new Trump administration export chip rules • Gold mining stocks led Australian stocks to a higher open • Stocks to watch: BHP, CGF and etc. Wall Street Summary Trump administration issued new rules requiring special government licenses to export advanced computer chips to China. The Nasdaq Composite...
G'day, mooers! Check out the latest news on today's stock market! • U.S. stocks surge as tariffs on electronics and semiconductors are temporarily suspended • ASX 200 extends Monday's gains • Stocks to watch: CKF, EVN and etc. Wall Street Summary US stocks surged as the market welcomed news of Washington's temporary suspension of "retaliatory" tariffs on smart phones, computers, and semiconductors. Trump als...
Both major Australian political parties officially launched their election campaigns on Sunday. Both announced new tax relief and assistance for home buyers, and in doing so confirmed the fears of many commentators. This election campaign is a spendathon, dominated by promises of money in the pocket for voters. Calls for fiscal responsibility are drowned out by false promises of government funded prosperity. There’s a new take on an old political saying that...
On Wednesday local time, President Trump announced a 90-day suspension of the imposition of high tariffs. When the government signals an "off-ramp", the market typically interprets it as a positive development, which may indicate a shift in market sentiment. This news has triggered a shift in the global markets from panic to jubilation. The three major U.S. stock indexes soared, with$Dow Jones Industrial Average (.DJI.US)$closing up 7...
G'day, mooers! Check out the latest news on today's stock market! • Trump authorized a 90-day suspension of tariffs on more than 75 countries, but raised China's tariffs to 125%. • Australian stocks rally strongly as Trump suspends tariffs for 90 days. • Stocks to watch: QUB, WBC and etc. Wall Street Summary U.S. President Donald Trump authorized a 90-day pause on tariffs and reduced reciprocal tariffs to 10% for over ...
G'day, mooers! Check out the latest news on today's stock market! • All major stock indexes fall after U.S. announces 104% tariffs on China • Australian markets fall on 104% U.S. tariffs on China • Stocks to watch: NEC, RPL and etc. Wall Street Summary Major stock indexes closed lower after a White House spokesman confirmed that the U.S. will raise tariffs on Chinese imports to 104 percent, Reuters reported. The$Nasdaq Composite Index (.IXIC.US)$she...
Anony6
Swooping Magpie
:
I think bc China is our largest trading partner and so depending on the fallout of a trade war, we could be directly affected. China fails we could be in trouble. But long-term I think we are better off with a failed China. This could also be a type of proxy war, since China has been flexing around our waters. Beginnings of something bigger? some cold war stuff going on.
151825295
152546040
:
ha yes they have, they aren't just on the ohh no biggest trading partner waah narrative spread by liberal garbage media. They are a threat and always have been, having pulled economic actions far worse than what Trump has done. people seem to forget what they did during pandemic and how they canceled imports when questioned about it. they manipulate currency so favoyr them, hoard materials to alter market and dump shite products on us too. Yes and played a big part ruining our property market, cheap low interest gov loans to citizens does that now the warships. already been posturing against their neighbour's for some time. if lost all the export then they would fail, actually they hide how badly they are failing, standard commie propaganda. Initial yes, it will be a shock but as op said better to get away so they have no leverage at all. plus looking to others who growing in region. and also forcing companies back here if can. greed needs to be punished. only thing beneficial for overseas cheap really is the markup ratio. which goes to overblown management salary aka the few really benefit.
G'day, mooers! Check out the latest news on today's stock market! • U.S. stocks suffer biggest one-week drop in five years. • A sharp escalation in the global trade war and recession fears led to a fall in Australian stock market. • Stocks to watch: ASK, JHX and etc. Wall Street Summary The Nasdaq Composite Index fell into a bear market and the Dow Jones Industrial Average lost over 2,000 po...
Buffett's holdings are the latest portfolio from Berkshire Hathaway. Regarded as a top investor, his trades often signal the market and influence the industry. Buffett's holdings are the latest portfolio from Berkshire Hathaway. Regarded as a top investor, his trades often signal the market and influence the industry.
TWIMO (151403908) : Wow! Fascinating chart… I always wondered if decision maker’s reacts to the charts or the charts depicts their actions. I hope it is the latter because we need confident leaders.
Anyways, I reckon neither party’s able to influence the market. Just don’t be as reckless as Morrison government damaging the wine and seafood industry…
Michael McCarthy CEO OP TWIMO (151403908) : it's a fascinating question, and it's amazing the number of times that technical analysis has forecast a market surprise. A colleague once wrote an article called "Is Fibonacci a member of the FOMC?" (The Fed's decision-making group) after the USD/JPY charts predicted a surprise Fed move. Chicken and egg?
TWIMO (151403908) Michael McCarthy CEO OP : Please tell us which is the more likely
one trader that I follow decided to Call on SPY and a few mag 7 stocks at that extreme oversell 2 weeks ago…. She got some real pleading and criticism for challenging markets seemingly searching for the bottom… boy did she call it correct…. all based on reading the technicals…. amazing…
Michael McCarthy CEO OP TWIMO (151403908) : It's an important principle - those seeking better than average returns must go against the crowd, at least some of the time.