Weekly chart for FX AUD/JPY, major indicator for risk aversion, has a big fat doji, things appear to be technically oversold and the vix came down over 9% yesterday. Reporting season is basically over, so there will be less bad news hitting the markets. Good chance for a breather and Christmas rally, although fundamentally not warranted imo. I started to buy and build positions yesterday .... ouch, only bought 50 Apple shares at $163, were supposed to be 500. Will be out by the second week of January unless I feel the need to bail sooner.
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7,767.5 |
Change
7.900(0.10%) |
Mkt cap ! n/a |
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7,759.6 | 7,819.0 | 7,754.9 |
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