dow 20k slipping away...

crude... we'll see what eia says after api's 4.2mil buildup.


and... this one is worth reading:

Ahh shucks.. no 20k for 2016. Maybe New Year?

crude is still VERY bullish.

A consequence of u.s qe. Many ratio and index need to rebase.

If the uptrend continue, the herd is likely to join.

What are u trying to say ?

Yr policy is always against the Herd ..and yet U think your way is a sure way to make money ?

This post has been edited by SKY 1809: Dec 31 2016, 01:21 PM

In behaviour economic, bull run (e.g gold, kv property) is sustained by the herd. Except those exit early, most if not all herd members will end up worse off than the beginning.

When obasan, students and amateurs become gold fingers and agent actively investing mean peak price is near.

I am only a student, studying herd behaviour, economic data are my assignment.

This post has been edited by icemanfx: Dec 31 2016, 01:33 PM

Investing near Peak meaning what ?

Earning Power of a co is diminishing ?

Investing near peak mean heightened risks. During stock bullrun, company earning may not collerated to stock price or vv.

This post has been edited by icemanfx: Dec 31 2016, 03:39 PM

On what valuations, u consider Earning is collerated to stock price ? Please give some examples ..

This post has been edited by SKY 1809: Dec 31 2016, 03:29 PM

first trading day 2017 looking excellent.

.. good french and german data
.. crude +2%
.. $ index +1%
.. bonds yield stable 2.5%
.. dow futures +120

dow 20k is within reach!

wow. those oil people are getting serious to push the prices. nymex 55 and brent 58? !!! way beyond my expectations a month ago but it is for real now. 60 next?

a string of positive news, incl...

US construction spending hits more than 10 year high in November.

$ index at 15 year high.

buy buy buy!

Wats with the sudden uturn in oil lol damn

Edit: only found this http://www.marketpulse.com/20170103/uk-oil...o-rise-in-2017/

This post has been edited by hehe86: Jan 4 2017, 12:48 AM

Skepticism of the OPEC deal and it is reaching the high end of its range

it was said to be due to strong $, libya, us production fears.

really, it is just traders pushing it to 55 and taking profit like hell.

a u-turn 55->52 in a couple of hours is not fuuny!

likely it will recover to 53.xx or so in a few days, unless api/eia reports massive buildup tmrw.

At $55 and above, many oil dealers especially shale oil producer are happy to sell forward.

I'm back in playing XLE again after that -$3 sudden drop.

Hope for the best for this short trading week.

Yea and it stayed for few hours near the top before the drop @@

Noted, thanks