Anyone scalping the FTSE Futures??

[postman]

Gold - heading for $1400 someones worried.

 

[postman]

Dows struggling up here.

Down day tomorrow.

 

[postman]

The Friday rip will kill all the shorts though.

 

[postman]

Date Close
Nov 08, 2017 23,563.43 +6
Nov 07, 2017 23,557.23 +9
Nov 06, 2017 23,548.42 +19
Nov 03, 2017 23,539.19 +23
Nov 02, 2017 23,516.26 +81
Nov 01, 2017 23,435.01 +58
Oct 31, 2017 23,377.24

That has run out of gas!

 

[brewski1984]

Just getting ready for the next move up postie

 

[Lee Shepherd]

Date Close
Nov 08, 2017 23,563.43 +6
Nov 07, 2017 23,557.23 +9
Nov 06, 2017 23,548.42 +19
Nov 03, 2017 23,539.19 +23
Nov 02, 2017 23,516.26 +81
Nov 01, 2017 23,435.01 +58
Oct 31, 2017 23,377.24

That has run out of gas!

Or consolidation before the next leg up.

 

[postman]

The Japanese are a bit nervous about what will (or wont) be released today regarding tax cuts for companies in the US.

Buy the rumour ...

 

[postman]

Up 500 and down 900 in one session. LOL.

 

[psaTrading]

With the economy expanding to 3% and with interest rates at low levels, many companies are tempted to expand through mergers. With funding rates at historically low levels, a merger or acquisition may be the fastest route for a company to increase its size and market share.

 

[psaTrading]

In US the budget committee warned that the proposed Republican tax reform would increase the public deficit by more than 300,000 M.USD than estimated by this proposal. Accordingly, the deficit threshold approved by the Senate (1 500 000 000 M.USD) would be exceeded. Today’s session is expected to be conditioned by the behavior of oil, the presentation of the results of some retailers such as Kohl’s and Macy’s (which signals the end of the earnings season), possible developments regarding the tax reform and news related to the visit President Trump to China.

 

[postman]

The markets didnt like that.

https://www.washingtonpost.com/busi...bar&tid=a_breakingnews&utm_term=.55a1d1572723

So what exactly has the Trumpenator managed to do in the last year apart from play more golf than Barack Obama.

 

[kalott]

So what exactly has the Trumpenator managed to do in the last year apart from play more golf than Barack Obama.

He did make the banksters great again

i dont know how the building of the mexican wall is going..

 

[postman]

I'm moments away from a dow short.

 

[postman]

If it goes to 23435 I'm in.

 

[postman]

At the moment all I'm seeing is a grind higher.

 

[postman]

Short dow 23456 stop 23485

 

[postman]

There she goes.

 

[psaTrading]

Last Friday European markets resumed trading under selling pressure. The bottom line of this downward movement is more about more technical factors (the profit taking after strong gains in recent weeks) than on macro or microeconomic issues.

 

[psaTrading]

European stock markets ended lower, with most sectors reporting this behavior. The financial sector was among the worst performers, with investors worried about US tax reform. In Paris, EDF depreciated, after lowering the estimates of results and cash flow for 2018 due to the lower expected energy consumption, the lower availability of some of its nuclear reactors at the beginning of 2018 and a decrease in the capacity of compensation in Great Britain. Meanwhile, oil prices traded slightly higher, after OPEC raised its prospects for oil demand in 2018.

 

[psaTrading]

Mario Draghi will be present today at an important forum organized by the ECB, which will also include the Governor of the Bank of England, the Governor of the Bank of Japan and the Governor of the FED Charles Evans. Mario Draghi's intervention is scheduled for 10:00 a.m. Mario Draghi's words could be a catalyst for debt markets and could dictate the yield trend today.