XMD 1.17% 10,423 s&p/asx midcap 50

easy in hindsight no crash on spx yet. no regrets on selling...

  1. cha
    5,333 Posts.
    lightbulb Created with Sketch. 138
    easy in hindsight
    no crash on spx yet. no regrets on selling portfolio may last year. spx has not even touched previous high yet and banks on the nose as expected. can always rebuy if blue chips get through this churn down

    gold and goldies been the place to be

    energy moved back up to 40 and see if consolidates here or pulls back as expected

    $US now established a range between $1 and 94c

    yellen and fed still controlling things . expect $US will raise as real inflation kicks in and gold and silver should also consolidate and rise

    oil not so sure

    if interest rates go up then spx should finally roll over

    will know more this week with fed now looking dovish to prop up us economy yet again. hard game they are playing

    unless they bring in more qe then expect just a matter of time. like pulling teeth

    bonds another indicator going up. everyone picking their fav vehicle spx bonds gold oil and $US. will see which ones win. not going to bet on currencies here

    recent sequence to me always the same. bonds up in uncertainty as spx money finds a new home then $US then gold then goldies
    well my goldies are getting through to new levels here

    trend at moment still same. gold has held support and trend up. silver oil churn up with trend unclear. silver been very disappointing but still in the game.

    copper china churn
    spx churn
    $US churn and will see what fed does to it this week
    my trading parcels turning into a half decent gold and silver portfolio
 
watchlist Created with Sketch. Add XMD (ASX) to my watchlist
(20min delay)
Last
10,423
Change
120.300(1.17%)
Mkt cap ! n/a
Open High Low
10,302 10,456 10,302
XMD (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.