2022/12/11 (123) Column

Because Financial Market Prices Are Incorrect,
That`s Why 4XSetUps Daily


On my homepage you can get very concrete help for self-help in relation to your own competence (time frame & trading framework) and/or own personality (instructions for self-instruction). And that not in the form of specific strategies & tactics that will guarantee you wins. No! Rather, we market guys increase our conditional probability of learning to organize a profit for ourselves with the help of CFD`s, due to certain thoughts, due to certain words spoken, and or also due to certain actions. So that after reading every DEVISE 2 DAY Edition – including this current one – with all modesty, we can confidently say to ourselves, to other people, and/or to the world: “I am right here right now, meanwhile truly a competent (market guy) personality! I now know how and what I trade (buy/sell or do nothing) on us wallstreet, on the financial market, while my cfd derivate trading (information processing and transaction execution) on each trading day. Even if I I can only take 1 hour on weekdays. Because I have a main job every trading day!”

Broken down philosophically and psychologically and/or enlightened based on this, the development of each portfolio asset value, each individual market guy, stands and/or falls with the attitude towards the current market price (in real time). But which is always just an expression of one’s own relationship, just an expression of our own relationship with all other market guys. And that in turn is always just the consequence of a personal, subjective, individual self-image as a market guy. And that’s what it’s all about working on every trading day. On your own self-image, like a footballer dealing with his football. On your own self-image, like a basketball player, in dealing with his basketball. Like a football player, in his handling, with his egg. Like a baseball player in dealing with his bat & ball. And/or like an ice hockey player in dealing with his stick & puk.

That`s It. The way and the goal; the goal and the way; of my info service! Everything else on my homepage..
DEVISE 2 DAY 48h
– My Last Thoughts Abot Market Price Actions

It`s a more as usual average busy week in the united states with the Fed Interest rate decision on wednesdayand/or the inflation report on tuesday. Also, the Bank of England, the European Central Bank, the Swiss National Bank, and the Bank of Mexico will hold monetary policy meetings all on thursday. And/Or the UK will release inflation data, on wednesday also. Investors will also follow ZEW Economic Sentiment for Germany, on Tuesday. And much more retail sales and industrial production for China, on thursday. And on froday, finally, flash PMI readings will be released for major developed economies including the US, UK, Euro Area, and/or Australia.
DEVISE 2 DAY Another 48h
– Some Last News About Market Price Actions

US Stocks Fall on Friday
Wall Street closed lower on Friday, with the Dow losing more than 300 points, and both the S&P 500 and the Nasdaq falling 0.7% as investors digested a slew of economic releases and remained concerned about the rate hikes. The producer price index, rose 0.4% in November, while analysts expected a modest 0.2% gain. On the other hand, the University of Michigan’s consumer confidence unexpectedly improved showing a drop in short-term inflation expectations to the lowest level in more than a year. Meanwhile, the Fed is set to raise rates by only 50 bps next week but it may not be possible for the central bank to architect a soft landing and prevent a recession. On the corporate side, DocuSign surged over 15% on better-than-expected quarterly results, while Lululemon tumbled 12% after issuing weak Q4 guidance. For the week, the Dow fell 2.8%, its worst week since September while the S&P 500 was down 3.4%, and the Nasdaq shed 4%.

Wall Street Wabbles
US stocks gave up gains on Friday afternoon, with the Dow losing 100 points, the S&P 500 remaining near the flat line, and the Nasdaq trading slightly up as investors digested a slew of economic releases and remained concerned about the rate hikes. The producer price index, rose 0.4% in November, while analystsexpected a modest 0.2% gain. On the other hand, the University of Michigan’s consumer confidence unexpectedly improved showing a drop in short-term inflation expectations to the lowest level in more than a year. Meanwhile, the Fed is set to raise rates by only 50 bps next week but it may not be possible for the central bank to architect a soft landing and prevent a recession. On the corporate side, DocuSign surged over 15% on better-than-expected quarterly results, while Lululemon tumbled 12% after issuing weak Q4 guidance. For the week, the Dow has fallen 2.3% and is on pace for its worst week since September while the S&P 500 is down 2.8%, and the Nasdaq shed 3.4%.

Crude Oil Dips 10% on the Week
WTI crude futures fell back to below $71 per barrel on Friday, the lowest in 12 months, bringing the weekly decline to 10% pressured by growing concerns about a potential global recession-driven demand downturn, particularly among advanced economies. COVID-19 infections in China are set to surge further as some restrictions are being eased depressing economic growth in the second-largest crude oil consumer in the next few months. On the other hand, the shutdown of the Keystone pipeline added to the highly uncertain supply outlook. Investors are also assessing the impact of the latest sanctions on Russian oil and G7 price cap with President Putin warning that Moscow might cut oil production in response. Meanwhile, OPEC+ decided to stick to their existing policy of reducing oil output by 2 million barrels a day from November through 2023.

FTSE 100 Ends Flat, Posts Weekly Drop
Equities in London closed virtually flat on Friday, with the benchmark FTSE 100 hovering around the 7,480 mark, as gains in the consumer discretionary and financials sectors offset losses in energy. DS Smith and InterContinental Hotels Group were among the biggest gainers, up roughly 4.7% and 4.1%, respectively. Conversely, Frasers Group added almost 4% to lead the FTSE 100. In a week soft in terms of economic data, sentiment remained dominated by worries about the pace of interest rate rises to combat inflation on a backdrop of slowing growth. Still, signs that China is gradually moving away from its stringent COVID-19 controls, with the government making it easier to travel domestically, keep businesses operating, and allow patients to quarantine at home, offered investors some respite. Given the above, the export-oriented index is down more than 1% this week, posting its first weekly decline in four.European Stocks Snap Five-Day Slide
European equities snapped a five-day selloff to end Friday’s session higher, with the pan-European STOXX 600 rising almost 1% to around 440 points, as gains among industrials and financials stocks offset losses in energy. Investors continued to assess the macroeconomic outlook and the trajectory of monetary policy ahead of key policy meetings next week. The US Federal Reserve, ECB, and Bank of England will likely deliver fresh rate hikes on Wednesday and Thursday, but by a smaller margin than the months before. Vestas Wind Systems jumped more than 6% to lead the STOXX 600 index. Domestically, the benchmark DAX 40 added 0.7% to end around 13,360 points, with Mercedes Benz Group up 4%. The STOXX 600 index dropped 1% for the week to post its first weekly loss in two months. The DAX 40 lost more than 1%, recording its second consecutive weekly decline.

Italian Stocks Halt 5-Day Decline
The FTSE MIB index closed a choppy session 0.3% higher at 24,280, halting five consecutive sessions of decline and tracking the broad advance for European equities with support from tech shares, banks, and resource-backed stocks.

French Stocks
Halt 5-Day Losing Streak, Post Weekly Loss
The CAC 40 index gained some ground and closed 0.5% up at 6,678 on Friday, breaking a streak of five sessions of losses, in line with its European peers. Optimism around the Chinese economy was overshadowed by lingering recession fears in Europe and the US. Investors will be looking for key monetary policy decisions from the ECB, the Fed and the BoE next week for clues about the future direction of interest rates and the global economic outlook.

Madrid Stocks Snap 5-Day Decline
The IBEX 35 index was up about 0.8% to close at 8,288 on Friday, halting five consecutive sessions of decline, in line with its regional peers. Market sentiment was supported by hopes that China’s economy would pick up pace due to the de-escalation of Covid strict measures, while traders awaited key monetary decisions from both the Federal Reserve and the ECB next week. Within the Spanish selective, Amadeus was the top performer (+4.3%), lifted by an upgrade by Goldman Sachs to “buy” from “neutral” and after its target price was raised to 70 euros from 65 euros. It was followed by Grifols (+2.4%), Naturgy (+1.6%) and Aena (+1.6%). Among the few losers, Rovi and IAG fell 0.3% each. The IBEX 35 posted losses for the second straight week, losing about 1.1%.DEVISE 2 DAY 48h
– Where I Was Wrong, Where I Was Right

Our short UKOIL trading capability since 95$ under 100$ is still volatile and/or fast as excepted in the money. Above 5$ up and/or down a week seems like to get normal. That`s why we`re attracting our expected proft this week, bwith the help of an higher stop proce. We hedge our profits in the UKOIL at least at 80$. An handful of dollars around our $70 target, so let`s take a quick look in the rearview mirror and set the stop prive at $80. So that we will have at least 15$ safe of this short 4XSetUp in our trading account. However, I no longer assume that we will trade UKOIL above 80$ again, let alone 90$, yes 100$. On the contrary! And that´s why I’m lowering the target price to 50$ by the end of 2023. As I assume that in our so-called West, in 2023, inflation will also come down. And the price of oil will also come down ambivalently. And that regardless of the economic situation and/or demand from China. Because, from this weeical point of view I don`t expect any further and worser escalation in Eastern Ukraine either, so that the 90$, even 100$ and higher, which we traded in early 2022, hopefully in retrospect was an historical standard deviation; just an extraordinary bad mad scenario of all involved actors. Just only a cruel and/or unnecessary war.

In our long CBOT_MINI-YM1 4XSetUps we reaised our stop price, some weeks before, also! In fact, at the level of the trading day, in October 2022, when the inflationrate numbers for September 2022 was released. Because on this trading day CBOT_MINI-YM1! crashed by down to 1000 points. So at price actions above 32780 points we can now speak of a completed short-term technical formation and can argue as bulls with a technical bullish picture at least. And that’s the main thing to watch until the end of this year 2022. More about both 4XSetUp trading capabilities and/or our long GBPUSD 4XSetUp like always in the Technical Analysis 4XSetUps, in every daily D2D Edition. Also in today’s, from page 51…