In early 2019 trading, it looked as though we were set to resume the ‘sell at any price’ trend. However, US markets managed to turn that around, but lets discuss that further down this report. Volumes were light in Asia, which is often the case when a major indices has a national holiday (Japan). Scarily, […]

PRIVATE BLOG – The Dow for the Close of 2018 Private blog posts are exclusively available to Socrates subscribers. To sign-up for Socrates or to learn more, please visit Ask-Socrates.com. https://ask-socrates.com/

Well, we are about to celebrate the feast of Janus for who January is named after and his festival took place on January 9, the Agonium. Some try to argue January was named after Juno. But when the calendar was changed, it is more likely that January is named after Janus and June is named […]

Although dealing desk will still be on skeleton staff until January 2nd, all will be receiving calls and checking levels today after the scare following the Christmas Eve scare. Markets globally, drop from 2% – 4% Monday, but with volumes extremely thin. From Asia to the US, fears were spreading as talks of regulators being […]

Another weak close for US markets and again, that sentiment just rolled into Asia and the mood was set for the day. Japan took the brunt as stocks lost another 1% as financials led much of the way following a disappointing BOJ’s unchanged stance. This inspired a revival of the Yen safety bid and took […]

PRIVATE BLOG – Dow & Euro for 12/21/2018  Private blog posts are exclusively available to Socrates subscribers. To sign-up for Socrates or to learn more, please visit Ask-Socrates.com. https://ask-socrates.com/

The Federal Reserve raising the 25bp was pretty much expected throughout, with a few possible outlier exceptions. However, it was not really the hike that spooked markets, but that they had built-in so much belief that the no change in hiking rhetoric they was expecting. This is probably why markets are reacting so violently, as […]

Another volatile session for US markets, but then we should expect it now that there are fewer and fewer houses running positions. The break of the psychological $50 price level in WTI oil yesterday, was one of the key reasons given for today Asian weakness. Shanghai closed the session down a little over 1% and […]

The afternoon sell-odd seen in the states, has had further negative influence on Asian markets at a time when nerves are present everywhere. Markets look tp be taking their lead from US markets anyway and if anyone was in doubt, the recent reactions have justified the fear. Most of the core finished lower even though […]