Member Info for Just_My_Opinions

Yep the spike in Bond yields at 13:30 have started hitting the indices again.

Non Farm Payroll came in at 134k, which is 51k below forecast of 185k and a drop of 86k on the previous.

And bond yields have actually bounced... hmm, something more to this. Need to wait to see what the pundits say

https://uk.tradingview.com/markets/bonds/prices-major/

185k forecast (Consensus)
220k previous

I get my data from the spread betting website I use. But this link from memory updates it as soon as it's out.

https://www.dailyfx.com/calendar

Can you lend me a few quid NK, I'm a bit "Short" :-P

It's complicated, this is what I think is needed...

1. Close the border to all but the absolutely essential immigration.
2. Borrow to make childcare free for full time working parents.
3. Train our own people up to do the jobs the essential immigrants are doing.

Effect = Lower immigration means lower house prices, lower house prices means higher disposable incomes, couple that with free childcare and the fertility rate of the White British goes back to "at least" replacement levels.

The absolutely essential immigrants can do the jobs where we lack the skills until the next generation comes through from the higher fertility rate, trained up and ready to enter the work force.

Ignore the above, continue to import cheap Labor, and often from a Culture incompatible with Western Civilisation and all we are doing is building up the pressure until a civil war happens eventually.

It's not really Billy. The stuff about the bonds, you don't really need to know to trade short term. If you read the technicals it tries to spot a change in trend direction before the news is news.

There's zero doubt democratically elected President Donald Trump is an American Patriot putting America first.

He wants to keep America for American's instead of giving it's jobs, industry and borders away to the rest of the world. I hope one day we elect a party with the same aims.

All the rest is a constant witch hunt by the sore loser democrats to try and get him impeached, because they simply can't compete.

Thanks JMO, no problem anytime :-P

Right I'm away to walk the dog and do some house work.

USA Non Farm Payroll is out at 13:30. The Forecast is 185k jobs added, against a previous of 201k Jobs added. So unusually it seems the market wants to see lower than the previous number of 201k, preferably 185k or lower... or Bond yields could spike further, which will cause further capital flight from stocks to bonds by the big players.

If the jobs number comes in lower, that means the Fed are less likely to raise rates, and therefor supports further stock gains.

UK FTSE 100 = -0.63%
German DAX = -0.78%
French CAC = -1.47%
Italian FTSE MIB = -1.15%

Reason = Bond yield spikes ahead of US Jobs Data.
In English = Some of the big players are pulling money out of the stock market and putting it into Bonds for what is seen as a lower risk return as Bond yields rise on the anticipation of higher interest rates in the USA to stop the economy overheating.

https://uk.reuters.com/article/us-europe-stocks/european-shares-fall-on-bond-yield-spike-before-u-s-jobs-data-idUKKCN1MF11C

Excuse the typos, the coffee hasn't quite kicked in yet

Read the text in order of the numbers 1, 2 and 3

https://www.tradingview.com/x/L7tHUnWC/

Past resistance often becomes support. Support is not confirmed yet, the bulls and bears are fighting it out. (Copper chart)

Here's the price action on the copper chart, where it's "trying" to find support.

https://www.tradingview.com/x/9kLV1rOX/

The Copper Chart gave a short signal at 4pm yesterday, this will be the main reason for Glen tanking this morning.

https://www.tradingview.com/x/pE1L9bFh/

My short's still open, but even I expected a short term bounce with that Gap down.

If you're trading short term, I'd target 333p and out

Cheers though

Haven't closed it yet Billy, anything can happen.

https://www.tradingview.com/x/50Fa3UxN/