Black Monday

[dreamcatcher]

Far too much gloom around here with a few panicking traders investors ..............

"Futures contracts tied to the major U.S. stock indexes rosein extended trading Monday evening after finishing strong last week.

Dow futures rose 250 points, suggesting an implied open of about the same magnitude, while S&P 500 contracts added 27 points, or 0.7%. Nasdaq 100 futures gained 95 points, also a gain of 0.7%."



https://www.cnbc.com/2021/02/15/stoc...lose-news.html

[bull....]

Fed’s Bullard doesn’t see asset bubble and doubts policy will tighten soon


https://www.cnbc.com/2021/02/16/feds...hten-soon.html



RBA’s Lowe is in no rush to taper


By swiftly announcing plans to double down on the RBA’s $100 billion money printing program beyond April, the governor has sent a clear message to local borrowers and international financial markets that he is no mood to taper the extraordinary easy money

https://www.afr.com/policy/economy/r...0210202-p56ysw

RBNZ statement 24 th feb be a big shock if they stray from everyone else in there policy

[Balance]

Postings, especially some recent ones, reveal some on-the-edge traders here who dance to Wall Street & market daily gyrations, especially whenever markets go backwards - happy trading guys and gals but

1. Don't lose sight of the big picture &

2. Don't spend too much time losing sleep when you are invested in the market with your fingers nervously hovering above the 'Sell' button. Stay comfortable with your exposure level.

Big picture is plenty of free money being printed out there.

[winner69]

Postings, especially some recent ones, reveal some on-the-edge traders here who dance to Wall Street & market daily gyrations, especially whenever markets go backwards - happy trading guys and gals but

1. Don't lose sight of the big picture &

2. Don't spend too much time losing sleep when you are invested in the market with your fingers nervously hovering above the 'Sell' button. Stay comfortable with your exposure level.

Big picture is plenty of free money being printed out there.

And keep watching CNBC cheerleaders to get the warm fuzzies

[winner69]

NZX50 could be heading to its worst month in 10 years according to Lister

@MarkListerNZ
The local sharemarket is having a difficult month, in contrast to offshore peers. The NZX 50 is currently down 4.1% in February. If nothing changed from here, that would be the fourth worst monthly performance in the past ten years.

[ratkin]

NZX50 could be heading to its worst month in 10 years according to Lister

@MarkListerNZ
The local sharemarket is having a difficult month, in contrast to offshore peers. The NZX 50 is currently down 4.1% in February. If nothing changed from here, that would be the fourth worst monthly performance in the past ten years.

A healthy sign, some of the valuations were (and still are) scary high. Although that 4% pretty much utility stocks. In the land of EBOS the sun is still shining

[Baa_Baa]

Sector selection is very important unless you’re into ETFs tracking the index. Selective mode will find the opportunities but betting on the normalised index is likely to be unsatisfying imho

[Jaa]

A healthy sign, some of the valuations were (and still are) scary high. Although that 4% pretty much utility stocks. In the land of EBOS the sun is still shining

Not any more.

Higher interest rates, higher costs (shipping, wages, disruption) and increasing demand = inflation ???

[bull....]

big day wednesday in NZ.
The RBNZ meeting.
very important meeting this for stock investors in NZ

NZ market is already up against it at the moment due to rising NZ dollar and rising bonds and at this time is the NZ50 is down 7.5% YTD the worst performing market in the world due to its yield focus which made this market outperform the last few years on the hunt for yield theme. anyway thats not the case anymore.

Its important as it will clarify weather the RBNZ will stick with the herd ie The FED , RBA The UK etc etc all who are printing more and going into inflation averaging. which would maintain the current status ,

anything different in my opinion will have far reaching outcomes for the dollar , rates , and obviously not very good for the stock market.

NZ dollar uptrend at the moment resistance at 74c odd opening up 78c i reckon.
Also bond rates will go much higher 2% resistance area
and of course stock market will continue to under perform.

[JohnnyTheHorse]

Bear break of the 3885 level on the SP500 overnight, but zero bear follow through and quickly recovered. Healthy consolidation on tech stocks and sector rotation. Bulls are just too strong in this market.