Most of the sectors ended in the red led by banks (with most of those gains from yesterday being returned. The credit card companies got smashed btw).
Tech was the only real gainer. Utilities being seen as a flight to safety barely maintained its hold on the green and conversely SPX barely in the red. DJIA hasn't got the 40k target but might next week after its reversal of the previous season.
Gold down but above breakout but has weakened again. With the USD being dumped, may be the reason.
This headline below should be the greatest concern (biggest weekly gain of the year).. subtext.. this week we suckered in a tonne of retail money, but at the end it ran out.. so next week we'll likely start to dump.
XJO - Bear Posts only (Factors which might cause the markets to fall), page-15151
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Last
8,140.9 |
Change
19.300(0.24%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,121.6 | 8,150.5 | 8,121.6 |
| XJO (ASX) Chart |