S&P Dax Mib.. trading

 

  By: alberta on Mercoledì 06 Febbraio 2013 21:25

Buonasera, prima di andare via, volevo segnalare che i livelli sul TS del NQ100 contrarian, indicati alle 15.30, sono stati rispettati. Ovviamente, come spiegato nel post di quell' orario, oggi non si è operato, perchè il TS è strettamente legato alle candele orarie delle prime due ore di contrattazione del cash su WS, dove statisticamente viene massimizzato il rapporto rischio/rendimento. In ogni caso, la tendenza segnalata era corretta, ma l'anomalo ribasso accusato dall' indice nelle due ore precedenti all' apertura del cash (in simpatia con il brusco ribasso fatto segnare dal maggiore indice di area Euro), ci ha impedito di sfruttare operativamente i livelli individuati dal TS sino alla fine della mattinata europea (ore 07.00 NY circa). Trattasi di un riscontro comunque interessante per la valenza del TS, qualora si vogliano utilizzare i livelli teorici di entrata, anche fuori (dopo) dalle candele orarie standard, come parametro complementare ad altri segnali di entrata ed uscita dalle posizioni sull' indice NQ100. Sonia

 

  By: Poli on Mercoledì 06 Febbraio 2013 20:57

Quale debenedetti ? Il Grande Capitalista del debito;......quello che si faceva fotografare col garofano rosso.... ------------------------------------------------------------------------------------------ Dici che sia un Rosacroce o semplicemente un socialista? e se è del debito sarà anche un Rosacroce di quelli neri neri neri, quelli che sarebbero da impalare... lasciamo stare il caffè e il serpente dai...

 

  By: ILFALCO on Mercoledì 06 Febbraio 2013 20:40

IL 04/02/13 SIAMO ENTRATI UFFICIALMENTE NELL'ANNO SERPENTE (COME GIA' DETTO ANCHE IL 1929 ERA TALE ED ANCHE IL 2001) QUALE MELA CADRA' IN ROVINA NEL 2013???? NEL 2001 FU, X LA BARBARIE UMANA, LA GRANDE MELA AD ESSERE COLPITA A MORTE. ENTRO FINE FEBBRAIO ANCHE QUI SEMBRA FIN TROPPO FACILE IL T&S RIBASSISTA CON TARGET A 366 CIRCA. MA NELLE COSE SEMPLICI C'E' IL BELLO DELLA VITA. MEDITATE GENTE, MEDITATE!!!!!!!!!!!!!

 

  By: LINK on Mercoledì 06 Febbraio 2013 20:24

Defil, cosa suggerisce questa divergenza ?

 

  By: Esteban. on Mercoledì 06 Febbraio 2013 19:58

L'unica cosa che spero è che sull'NQ100 non sia un FLAG ... altrimenti , considerando le porcherie tipo AAPL e simili da RICARICARE, rotti al rialzo i 2759 in pianta stabile chi lo sa quanto può durare (maggio/agosto). trading range 2759/2708. Grazie ...(chi sta vendendo)...

 

  By: LINK on Mercoledì 06 Febbraio 2013 19:49

I MERCATI POTREBBERO AVERE DEI SERI PROBLEMI A CAUSA DELLA GUERRA VALUTARIA. -------------------------------------------------------------------------------------- ...US Carmakers Want Obama to Punish Japan; Warnings From China, Russia; Sheer Madness With the Yen sinking to new lows nearly every day, and with French President Francois Hollande now in the act of pleading for a lower euro, it's time to step back and review the currency war madness of the past couple of weeks. There is plenty of madness to review. Hollande Calls for End of Euro Fluctuations Please consider Hollande's comments on euro fluctuations. Mr Hollande called on government leaders to agree on a target for the currency's exchange rate over the medium-term, warning that the rising currency may deepen the recession. "The eurozone must, through its heads of state and government decide on a medium-term exchange rate," he said. "We can't let the euro fluctuate according to the mood of the market." He added that the exchange rate should not be set artificially but that the eurozone should act on global markets to protect its interests. Hollande says "Governments must decide exchange rates". Mish says really? What if governments don't agree with each other? Could that possibly happen? Japan Must Stick With Stimulus says Pimco's El-Erian Pimco co-CEO tossed his hat into the madness last week with his silly idea: Japan Must Stick With Stimulus. Japan's government has to follow through with plans for stimulus spending, monetary easing and a doubled inflation target to sustain a weakened yen, said Mohamed El-Erian, co-chief investment officer of bond giant Pacific Investment Management Co. Prime Minister Shinzo Abe needs to carry out stimulus spending while Japanese consumers will have to accept rising prices for goods such as oil as the yen depreciates, El-Erian said. El-Erian says "Japanese consumers will have to accept rising prices". Mish says really? If so, it implies the US, Eurozone, China, UK, Brazil, and everyone else will "have to" accept a higher exchange rate vs the Yen. Even if everyone "accepted" the idea, is that a good thing? For who? For aged Japanese consumers retired on fixed incomes invested in Japanese bonds earning zero percent? Questions abound. Here is another important one: What does the US think about the plunge in the Yen? That question has an easy answer .... U.S. Carmakers Urge Obama to Punish Japan for Weak Yen Bloomberg reports U.S. Carmakers Urge Obama to Punish Japan for Weak Yen. President Barack Obama should tell Japan's new government that the U.S. will retaliate for policies aimed at weakening the yen, a group representing Ford Motor Co. (F), General Motors Co. (GM) and Chrysler LLC said. Japan's Liberal Democratic Party, which reclaimed power last month, has let the yen continue its slide against the dollar, making U.S. auto exports relatively expensive, the American Automotive Policy Council said yesterday in a statement. "We urge the Obama administration to make it clear to Japan that such policies are unacceptable and will be met by reciprocal measures," Matt Blunt, a former Republican governor of Missouri and president of the Washington-based industry group, said in the statement. Toxic Parcels While pondering the above circular mess that apparently everyone must accept (except they don't), please consider Europe drawn into global currency wars as slump deepens by Ambrose Evans-Pritchard. The world is edging closer to all out currency conflict as Europe's politicians join a chorus of policy-makers across the globe pushing for devaluations to fight for market share. Jean-Claude Juncker, EuroGroup chief, has signalled that Europe is no longer willing to be the last economic player holding the toxic parcel of an over-valued exchange rate, describing the euro as "dangerously high" after its three-month surge against the dollar, yuan and yen. The comments follow warnings by two French ministers this month that the strong euro is holding back efforts to pull the France out of deep industrial slump. Alexei Ulyukayev, deputy head of Russia's central bank, said the tilt in EMU policy marks a new escalation as every major bloc of the global economy tries to drive down its exchange rate at the same time. "We are now on the threshold of very serious currency wars," he said. Korea has asked the G20 take a stand against beggar-thy-neighbour policies in Moscow next month, accusing Japan and the West of covert debasement through loose money. Once again Pritchard spoiled an otherwise excellent article with a silly finish: "The underlying problem is a global saving glut as the world saving rate hits a record 24pc of GDP". Good Grief. With global credit exceeding global GDP by many multiples, and with the US credit market at $55 trillion vs. GDP of not quite $16 trillion, it is preposterous to speak of a global saving glut. By the way, Austrian economists will correctly point out that it's impossible to ever have too much savings, in any circumstance. However, it's certainly possible to have too much debt (the opposite of savings). Japan had massive savings, but the Japanese government foolishly squandered all of it with misguided Keynesian stimulus, the same measures that El-Erian now insists are needed. Also note that Russia is in on the complaining act. There are a few sane voices in the wilderness. Jens Weidmann at the German central bank is one of those voices. Weidmann warns of currency war risk The Financial Times reports Weidmann warns of currency war risk. The erosion of central bank independence around the world threatens to unleash a round of competitive exchange rate devaluations, which leading economies have so far avoided during the financial crisis, the president of Germany's Bundesbank warned on Monday. Jens Weidmann, whose institution's own fierce independence from political influence was the model for the European Central Bank when it was founded, said Stephen King, the chief economist at HSBC, was "perhaps right" in forecasting an end to the era of central bank independence. "It is already possible to observe alarming infringements, for example in Hungary or in Japan, where the new government is massively involving itself in the affairs of the central bank, is emphatically demanding an even more aggressive monetary policy and is threatening an end to central bank autonomy," Mr Weidmann said in a speech in Frankfurt. "Whether intended or not, one consequence could be the increased politicisation of the exchange rate," he said, according to a text of his speech provided by the Bundesbank. "Until now the international monetary system got through the crisis without competitive devaluations and I hope very much it stays that way." Alarming Infringements Weidmann commented on alarming infringements and increased politicisation in Hungary and Japan. He failed to point out Switzerland. Brazil is also complaining mightily, and of course French president Hollande is in on the act? Anyone else? Of course! Currency manipulation talk and China go hand in hand. Recall that Republican candidate Mitt Romney stated many times that one of the first things he would so would be to label China a currency manipulator. What does China think? Yi Warns on Currency Wars as Yuan Close to 'Equilibrium' About a week ago, the deputy governor of China's central bank, Yi Gang Warns on Currency Wars as Yuan Close to 'Equilibrium' China's foreign-exchange regulator urged Group of 20 nations to improve collaboration to avoid any so-called currency wars while signaling he's comfortable with the value of the yuan. Yi, who heads the State Administration of Foreign Exchange, said he's concerned about the potential fallout from expanded asset-purchases programs and near-zero interest rates in the world's advanced economies. "Quantitative easing for developed economies is generating some uncertainties in financial markets in terms of capital flows," Yi, who is also head of China's foreign-exchange regulator, told reporters. "Competitive devaluation is one aspect of it. If everyone is doing super QE, which currency will depreciate?" Yen Policy Under Fire Reuters reports Japan defends stimulus, yen policy under fire. Japan's economy minister rejected criticism on Saturday that his country's extraordinary fiscal and monetary stimulus program was aimed at weakening the yen and undermined central bank independence. "You might think there's a deliberate policy to drive down the value of the yen but we in government refrain from commenting on the exchange rate of the yen," Amari said in response to criticism of Japanese action. Mish Translation "We have a deliberate policy to drive the Yen lower. No other country supports that, so we don't comment on exchange rates." Dangerous Situation The Reuters article continues ... A European Central Bank source, speaking on condition of anonymity, said the ECB was "not very happy" at what was seen as a step towards competitive devaluations and the Group of 20 major economies' finance ministers and central bankers should address the issue next month. "It's not a problem yet. But if they (Japan) continue in that direction and we see also what's happening with quantitative easing in the United States and Britain, then we would be the only one who would not follow suit. "The risk is that this would indeed have an effect on the exchange rate and that we would get into a dangerous situation," the ECB source said. Mish says "If you are following this discussion at all, you know damn well that the situation is already far beyond dangerous". Beggar Thy Neighbour Tactics Please consider this discussion on Wikipedia regarding Beggar Thy Neighbour tactics. In economics, a beggar-thy-neighbour policy is an economic policy through which one country attempts to remedy its economic problems by means that tend to worsen the economic problems of other countries. Beggar-thy-neighbour policies were widely adopted by major economies during the Great Depression of the 1930s. Alan Deardorff has analyzed beggar-thy-neighbour policies as an instance of the prisoner's dilemma known from game theory: each country individually has an incentive to follow such a policy, thereby making everyone (including themselves) worse off. An early appearance of the term, which presumably originates from the name of the Beggar-My-Neighbour card game, is seen in the title of a work on economics from the early period of the Great Depression. Currency War Idiocy One voice of reason in midst of all this madness is my friend Pater Tenebrarum on the Acting Man Blog who writes about The Currency War Idiocy Harvard University professor Martin Feldstein, long a critic of the euro, said on Jan. 5 that European policy makers should consider a coordinated approach to weaken the euro as a way to rally growth via exports. "A lower euro would make each of the euro-zone countries more competitive relative to the countries outside the euro zone," Feldstein said." There you have it. Even in Harvard they just know somehow that once your money buys less, you've actually become richer. It seems to be the modern-day version of the philosopher's stone. Alchemists everywhere recommend it! Let us hypothetically assume that we have entered Orwell-land ('war is peace!') and one can actually get richer by lowering the value of one's currency. One problem is obviously that not everybody can do it at the same time. If one wants to cheapen one's currency, other currencies must by necessity increase in value. The next problem is how does one go about it? How can one's currency become worth less than that issued by others? The only solution seems to be to increase its supply - at a rate that exceeds that of the competition. This process is also known as 'inflation'. So in other words, what the wise gentlemen listed above are all advocating is that one should attempt to get rich by means of inflation. Pure genius! No-one has ever thought of that one! No, wait, a few people have: ... Please read the rest of the article because Russia, Norway, South Korea, and the UK are all in on the act and Pater has some humorous comments. Bear in mind, a few years ago there was near-universal agreement the US dollar needed to drop. Now the cat-calls are predominantly for the euro to drop. In practice, nearly all the central bankers want their respective currencies to drop. What We Know The US wants a lower Dollar Eurozone ministers want a lower Euro Japan wants a lower Yen The UK wants a lower British Pound Norway wants a lower Krone Brazil wants a lower Real China wants a lower Yuan What We Also Know The above is mathematically impossible in relation to each other The above is mathematically possible in relation to something else That something else is a currency untouched by central bank and political madness. That something else is gold.

 

  By: alberta on Mercoledì 06 Febbraio 2013 19:28

Defil ha ragione, è una delle news più importanti della settimana. D'altro canto fa un certo effetto vedere l' elenco dei titoli che far ieri e oggi confermano o fanno i massimi dalle ultime 52 settimane. Ci sono big financial, GS e JPM, consumer PG e JNJ, trasport UPS, oil HAL tecno la mitica NETFLIX, data per morta circa un anno fa e via di questo passo.... Non un settore specifico, oppure titoli strambi o minori....come potrebbe succedere guardando all' elenco numerico della somma dei nuovi massimi e dei nuovi minimi....

 

  By: defilstrok on Mercoledì 06 Febbraio 2013 19:17

Questo movimento sugli indici non ha nulla di "spontaneamente" rialzista ma è consequenziale all'uscita dallo yen, di pari passo con la borsa di Tokyo. Ergo, in quanto non dettato - almeno fino a un certo punto - dai fondamentali, lascia ogni previsione al tempo che trova. +5% da qui? forse! Ma a me fanno più effetto queste notizie qui:

 

  By: alberta on Mercoledì 06 Febbraio 2013 18:44

06 Febbraio 2013 17:21E se gli americani stavolta invertissero dopo la chiusura europea con chiusura sp cash sotto 1500??? sto vedendo un film di fantascienza ehhh? _______________________________ Non saprei, ma leggo adesso che Gross di Pimco accredita all' azionario USA ancora un 5/6% di potenziale rialzista........ quello che manca fino ai massimi assoluti, che coincidenza.. Quindi meglio andarci pianino ....a shortare immediatamente contro questi signori ci si scotta. Vedo che il NQ100 è tornato positivo, e che l' area che aveva inserito la Sonia per il TS contrarian sul NQ100 funziona. A proposito, aspettiamo chiarimenti per la faccenda del ... caffè......

 

  By: Esteban. on Mercoledì 06 Febbraio 2013 18:42

l'NQ100 ad esempio sta sopra 2740 , per ora, ma sta sopra ...

 

  By: defilstrok on Mercoledì 06 Febbraio 2013 18:40

Quello che segue è il grafico del Dax (indice, non future). Siamo andati a frugare "sotto" i massimi dell'estate 2011. Ricordatevelo. Perché quando scenderà sotto i minimi odierni il segnale sarà potente

 

  By: Esteban. on Mercoledì 06 Febbraio 2013 18:28

"sto vedendo un film di fantascienza ehhh?" perchè ? che differenza c'è con quello che accade nella realtà ? essere sempre pronti a tutto ... basta l'accenno della parola QE per cambiare totalmente la situazione .

 

  By: alberta on Mercoledì 06 Febbraio 2013 18:27

D'altronde, FT100 positivo-invariato e DAX a -2% .... non si è mai visto.... e pare neanche oggi succederà...... L'OIL, cvd, ha azzerato la gamba di ribasso, fasulla, ed è tornato sui massimi di stamane.... o giù di lì...... Niente sfracelli sull' OIL, niente ribassi sull' azionario.....

 

  By: max1970lt on Mercoledì 06 Febbraio 2013 18:21

e se gli americani stavolta invertissero dopo la chiusura europea con chiusura sp cash sotto 1500??? sto vedendo un film di fantascienza ehhh?

 

  By: alberta on Mercoledì 06 Febbraio 2013 18:20

06 Febbraio 2013 17:06Occhio , il DAX deve rompere al rialzo 7595 ... ------------------------------ La discesa non l'ho presa tutta, ma il rimbalzo di adesso me lo cucco subito...... ehehehehe. cmq era improbabile che oggi ci fossero reali sfracelli, con la BCE domani ed il trend al rialzo dell' EUR verso 1.3850/1.39.... con possibili overshooting......intatto.....