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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: richardred who wrote (14142)	6/7/2013 10:20:43 AM
From: John Pitera	Read Replies (1) \| Respond to of 33421

Red River Richard,...... as you know I am always curious and interested in what goes on in my world... (except...when I am tired, hungry or watching pretty women dancing...... and of course, the soft caress of their of so gentle skin...... ;-)........ so that pretty much takes up my time... and then there are the 3 or 4 hours out on the golf course...... but anyway... I am a big history buff and continue to learn so much more info on the past, which is of course how we arrived at our world of today..... it was built on the past and also the multiple great civilizations in places as diverse as China, Japan, Tibet, Africa , Israel, the Roman Road.... the GOths and Visigoths... the Nordic tribes, the Celts..... the Egyptians.... the Atlantians...... our forebearers in the 300 dukedoms and duchy's of Modern Germany, Russia, Peter the Great.... The Empire of Sweden.... the Portuguese Mastery of the oceans and their Global empire in 1500..... The Medici's...... the Mayan's and Incan's...... the tribe in Africa that was aware that the star Sirius was a binary star system... hundreds of years prior to our western science. one of my early loves was reading..... and I of course, have become a big fan of plays, movies, opera... really any type of theater... but then again I binged out on NFL fantasy football and caught many hours of our 610 AM which is 24/7 Texans and all things football during that part of last fall.... early winter.... none of this is directly on topic.... aside from the fact that tremendous strategy planning and preparation goes into writing a book, especially a history book.... many hours are spent on mapping out military campaigns....the Texans sit around and draft up innumerable plays.... practice them.... do what if analysis... and watch game footage..as the past is prolog to the future.... just like in the financial markets... so it's all one big holistic Karmic circle...... they even made a board game about it.... They called it the "GAME OF LIFE" JOHN

To: richardred who wrote (14142)

6/13/2013 3:50:11 AM

From: John Pitera

Respond to of 33421

To: da_cheif™ who wrote (82704)	6/13/2013 3:28:40 AM
From: John Pitera	of 82733

June 13, 2013, 2:45 a.m. EDT Asia stocks swoon; Japan, China markets plunge Nikkei drops more than 5%; China markets also see deep losses By V. Phani Kumar, MarketWatch HONG KONG (MarketWatch) — Asian stocks swooned Thursday after uncertainty over U.S. monetary policy led to more declines on Wall Street, with *Japanese stocks standing out with massive losses as a further rally in the yen thrashed exporters.* The Nikkei Stock Average (TYO:JP:NIK) plummeted 6.4% to end at 12,445.38 in Tokyo for its sixth loss in seven trading days. The drop marked the benchmark’s decline for a seventh straight Thursday, including the 7.3% plunge on May 23. The selloff came as the U.S. dollar (ICAP:USDJPY) fell as low as ¥93.76 during the session, nearly two full yen lower than the ¥95.61-level seen in North America late on Wednesday. The drop followed a a third straight session of losses for U.S. stocks Wednesday, on concerns the Federal Reserve could taper down its bond purchases. Reuters Asia stocks trade lower, with Japan selling off as the yen rises further. The dollar’s tumble against the yen “will put regional markets under pressure, but it may also [force] the U.S. Fed to reconsider its tapering plans in the face of a global sell off,” said Kim Eng Securities director of sales trading Andrew Sullivan. The losses on Wall Street reinforced “the notion that the market is similar to a junkie who needs a constant fix, which in this case comes in the form of monetary stimulus,” said CMC Markets sales trader Miguel Audencial. “Even a slight indication or the speculation that this stimulus will be scaled down may ignite a sell-off,” Audencial said. Meanwhile, China’s Shanghai Composite (SHA:CN:SHCOMP) tumbled 3.1% as the markets reopened for the first time this week after a string of holidays, giving investors a chance to react to a string of downbeat economic data released over the weekend, including the monthly trade and inflation figures. Hong Kong’s Hang Seng Index (HSI:HK:HSI) skidded 2.7%, and South Korea’s Kospi (KRX:KR:SEU) lost 1.4%. Australia’s S&P/ASX 200 (ASX:AU:XJO) fell 0.6% to enter so-called correction territory — having dropped more than 10% from the highs reached in May. The benchmark dropped despite official data showing an unexpected improvement in employment data for May. Elsewhere in the region, Singapore’s Straits Times Index lost 1.5% to enter a so-called correction territory — widely regarded as a 10% drop from a recent peak. Stocks in some other Southeast Asian markets suffered much bigger losses, with Thailand’s SET (BAK:TH:SETIDX) and the Philippine stock benchmark both sliding more than 5.5%. Stock movers In Japan, stocks found little respite as the U.S. dollar (ICAP:USDJPY) fell under the ¥94 level, raising more fears about the earnings outlook of companies with a significant international presence. Click to Play Global tumult grips marketsGlobal uncertainty is producing market volatility. Photo: Getty Images. Shares of Fast Retailing Co. (TYO:JP:9983) (OTN:FRCOY) skidded 8.6%, Mazda Motor Corp. (TYO:JP:7261) (OTN:MZDAY) slumped 6.2%, and Sharp Corp. (TYO:JP:6753) (OTN:SHCAY) lost 6.5%. “The combination of elevated risk aversion and disappointment over recent policy announcements, in particular the lack of detail about Prime Minister [Shinzo] Abe’s ‘third arrow,’ has prompted ever more upside for the [yen]” said Crédit Agricole forex strategy chief Mitul Kotecha. Chinese property developers and banks suffered heavy losses during the session. In Hong Kong, heavyweight stock China Construction Bank Corp. (HKG:HK:939) (OTN:CICHY) lost 4.1% and China Overseas Land & Investment Ltd. (HKG:HK:688) (OTN:CAOVF) skidded 4%, while in Shanghai, Gemdale Corp. (SHA:CN:600383) slid 3% and shares of CCB (SHA:CN:601939) gave up 1.7%. In Sydney, mining stocks came under pressure, with BHP Billiton Ltd. (NYSE:BHP) (ASX:AU:BHP) lower by 2.6%, and Fortescue Metals Group Ltd. (ASX:AU:FMG) (OTN:FSUMF) sliding 3.4%. Rio Tinto Ltd. shares (ASX:AU:RIO) (NYSE:RIO) declined 2.4%. The company said it plans to sell its Eagle nickel and copper project to Lundin Mining Corp. (TOR:CA:LUN) the above chart does not relect the 6% plunge overnight..... as the US etf has not opened.... John