Au trading diary

Australian US Equities

December 11, 2018 4:08 PM
Santa Rally Imminent. This week the S&P 500 had an overall range of 189 points from high to low, the NASDAQ traded in a 476 point range and our Australian 200 traded in a 161 point range. The Australian volatility index XVI moved higher to 17 as forward risk is priced in, the US VIX also moved higher at 22 this being all too bearish for equities. F...

The US dollar and equities

November 24, 2018 1:00 AM
Given the U.S. dollar index (DXY) had gained almost 10.5% from its 88.25 low of February 2018, a 2-5% pullback would not appear unreasonable.

When all markets sell and hard forks

November 22, 2018 1:00 AM
Looking across the equity and commodity markets it is not hard to find a reason for the current bout of selling.