EURUSD 1.1851 |
USDJPY 111.52 |
GBPUSD 1.3772 |
AUDUSD 0.7485 |
USDCAD 1.2406 |
GBPJPY 153.59 |
EURJPY 132.15 |
AUDJPY 83.48 |
CADJPY 89.86 |
Silver 26.23 |
Friday's $2431 high in gold consisted of a 21% rise from the Feb 14th low. Such percentage extensions from key lows or/and technical levels such as the 200-DMA, could flag crucial opportunities for partial/full profit-taking. Watch here.
Bitcoin versus Miners Performance
As many of you know 2023 was kind to members of our WhatsApp Broadcast Group who snapped up shares in bitcoin miners, while 2024 has so far been more superior to Bitcoin than most of the miners...
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Raise wages by 15%? After all the previous raises throughout last couple of years?
That would be the perfect recipee for another peak in the Chinese CPI!
It will take time.
One can see that S&P has already taken notice of no "huge reconstruction" orders coming in from Japan untill they figure out how much of their scarce island space they have left suitable for further living and reconstructing. They have a Chernobyl on their hands to deal with. Their choice so far was to subject their population (and the globe) to great dangers
The FED has violated No Ponzi condition. Once market participants figure out that those staying on the sidelines AREN't coming in to pick up the baton any time soon, equity markets shall become vulnerable
Their feed is though more focused on the analysis of the actual macro data and FED/ECB official speeches, I don't remember them post anything oil or SPX pivot point / support/resistance related. Not that one can not find it elsewhere on the internet but of course you always need time for that.
IT IS very surprising to me though that people (seemingly) don't take advantage of this readily available analysis (one can always draw his own conclusions, but valuable information is there).
Just a thought...
Only the complacent few can trade in these markets. The tree of outcomes is as wide now as never before
People with experience in Chernobyl say Fukushima is WORSE than Chernobyl and handled WORSE than by the Soviets in Chernobyl.
No truth is known for no one controls really the situation. Should prevailing winds change, a question arises how much of the Japanese soil will no longer be suitable for life once the dirty bomb has been put out.
Cesium from Fukushima has been registered in Ukraine (thats where Chernobyl is). And that is no mistake since it is a different isotope.
Supply disruptions for value added products from Japan are in line. Huge. And even when Japanese say they are ready to resume, no one will want it for contamination fears.
How can one best trade a conviction there won't be QE3?
The jobless rate climbed to 14.2 percent from 12.4 percent, the Hellenic Statistical Authority said Thursday. It was also up from 10.3 percent recorded in the fourth quarter of 2009.
The number of unemployed persons increased by 14.5 percent sequentially. Compared with the fourth quarter of 2009, unemployed persons were up 38.4 percent.
1. Reactors keep melting away. That means hydrogen released with radiation from the damaged cooling system finds no way out, hence blows up. If wind changes, this will be worse than Chernobyl, some say anywhere between 10 to 20 per cent of Japanese islands may not be suitable for further living.
2. Everyone expects Japanese to order more construction materials. How are they going to pay for it? What are they going to sell? Will GDP fall this year 3 per cent? 5 per cent? Where will USD/ JPY be, come April?
3. There is speculation out there the same is going to happen in the Norhtern America (just google New Madrid) in the third decade of March. Who can say for sure?
Indeed these markets are for the brave