Black Monday

[kiora]

If it really is a black void would so many be out shopping & propping up bars & restaurants this weekend?
Town seems extra busy in spite of it being wet.
It will be interesting to see the transaction figures & GST takes since beginning of last week.
As someone pointed out % of those in financial stress only up 5?%

[kiora]

If it really is a black void would so many be out shopping & propping up bars & restaurants this weekend?
Town seems extra busy in spite of it being wet.
It will be interesting to see the transaction figures & GST takes since beginning of last week.
As someone pointed out % of those in financial stress only up 5?%
Maybe it is the Afterpay effect??

[blackcap]

very true

the futures open in the red in the US , australia not looking good possibly down 2% today

I see Australia up today. Those futures really off the mark today huh!

[bull....]

I see Australia up today. Those futures really off the mark today huh!

yep up now , open was almost the low of the day and shows why you need to watch like a hawk futures or cfd trading

[bull....]

wall st ended up even with riots happening and retaliation from china on ag purchases... think we are going to the moon lol

China Halts Some U.S. Farm Imports, Threatening Trade Deal

https://www.bloomberg.com/news/artic...d=premium-asia

even one of my aussie brokers has dropped commissions to 0 on us stocks now and $5 per trade for aussie shares. cool shame about NZ rates

[BlackPeter]

Amazing ... the US on fire (pun intended), new Coronavirus infections (on a seven day basis) at their highest level ever and the markets keep rising.

I think it was Marie Antoinette who famously said "let them eat cake" when she heard the revolt of the hungry masses. Just some angry mob - nothing to see here.

It didn't took long after that event that said mob did help her to displace her empty head (and other heads of the governing class) using one of these French cutting tools (guillotine).

Just wondering when it is the time of the US swamp monster to follow her example? Lets think - what might this do to the stock markets ...? Ah right - another all time high .

[Balance]

https://finance.yahoo.com/news/jpmor...182018867.html

Highest net short selling since 2015 - so there has been plenty of selling.

[winner69]

Implied Equity Risk Premium dropping sharply

Appears as if equities in US are almost risk free

No worries

[blackcap]

https://finance.yahoo.com/news/jpmor...182018867.html

Highest net short selling since 2015 - so there has been plenty of selling.

That is interesting in itself. So more selling than normal, yet equities still rising fast. That means when the shorts have to cover, and cover they must, this will further exacerbate the rising equities. Interesting times.

[bull....]

trump mobilizing troops , futures falling at the moment , watching bitcoin 10k breakup