The Australian dollar is off after the one, two gentle slaps of CPI and PMI, though it should be off more:
Bonds are bid and US/ Aussie spreads are all at new lows:
The ASX is down but is getting some protection from the weaker data. That could be a head and shoulder stop forming:
Dalian is off on the soft China PMI:
Big Iron too. I really like the look of an FMG short here (not advice). So long as your horizon is beyond the Q1 weather disruptions. The fundamentals are bearish and so is that descending triangle chart:
More pain ahead for Big Gas as the epic oil long corrects:
Big Gold rebounding:
Big Sleazy is shrugging off the latest CBS debacle. At this point it would probably have to be pinned for drowning Harold Holt to see its reputation fall any further:
Big Puswad is trending down nicely still. For some reason FXJ is rallying as DHG sinks:
Much fun to be had!
