tyb
nice to see that panel o7
wait for it next time
Cable (pound) Explodes Higher As First Polls Show Conservatives Winning Biggest Majority Since Thatcher
Update (5pmET): The first exit polls are in…and by the looks of it, the Conservatives will walk away with a sizable majority, with 368 of the Commons 650 seats.
With a predicted majority of 86 seats, this would be the biggest majority for the Tories since the days of Margaret Thatcher.
Political analysts on Sky News are already lauding Johnson's stunning political comeback
Unsurprisingly (and in accordance with our trading guides posted below), cable has exploded higher as it looks like Boris Johnson has led Tories to a "stellar" performance. The pound jumped 2.2% to the $1.3450 level. It's an insane move in cable when one takes into account the fact that economic data still show the UK sliding into recession.
The British currency is trading at its highest level against the dollar since June 2018. Against the euro, the pound has reached its strongest level since the aftermath of the 2016 EU referendum.Meanwhile, the Labour result for Labour is nothing short of appalling. You'd need to go back to 1935 to see another Labour result that bad. It's very possible that, after tonight, Corbyn's days as leader will be numbered, with some analysts saying that he has to resign after this.
The Times of London has built an interactive map showing how seats have changed over time. As they remind us, there are 63 seats that have consistently backed the prime minister in every election dating back to 2005, when Tony Blair won his third term in a landslide victory.
Traders around the world are expecting to put in 24-hour shifts just to trade the pound through what could be a dramatic night. For everybody who hasn't been following every pip in cable since the summer, Bloomberg has a guide to the key levels traders should watch out for as the results come in (courtesy of Vassilis Karamanis, an in-house FX and rates strategist at BBG):
Bullish:
The first key technical resistance for the pound comes around $1.3380-90, where the year-to-date high and an Elliott Wave 5 projection coincide.
First, pivot resistance at $1.3278 may absorb some buying pressure; a crucial level to watch out for is $1.3453, which represents the key 61.8% Fibonacci retracement of sterling’s losses since April 2018
Also in play could be the 55-monthly moving average, now at $1.3412
Bearish:
Investors short the pound may be looking to trim their exposure only after the upper end of the symmetrical triangle that kept the currency confined before Dec. 3 is breached; this is currently seen at $1.2964
Strong support should be met around or within $1.2756-$1.2806, an area that includes the 55-daily and 55-weekly moving averages as well as the low on Nov. 8
Support from a three-month trend channel comes at $1.2627 while the Sept. 20 high – also a breakout point – is seen at $1.2582
Range-bound:
In case the pound fails to sustain a big move in either direction, short-term levels to watch for include $1.3013, the Oct. 21 high; $1.2993, the 21-daily moving average; $1.3232-37, Upper Bollinger Band and pivot resistance.Compared to its US equivalent, the House of Representatives, there are a lot of delegates in the House of Commons. British elections are decided by the outcomes of races in 650 districts. Most won't change hands. Only 70 did in 2017, and 111 in 2015. But, as Bloomberg explains, "it's the ones that do that determine who governs."
https://www.zerohedge.com/markets/i-just-want-it-over-and-done-britons-head-polls-most-important-election-generation
"At Least" means whatever it takes.
They have a itchy trigger-finger and with the dollar dropping yesterday they are in full-blown desperation mode.
https://www.newyorkfed.org/markets/domestic-market-operations/monetary-policy-implementation/repo-reverse-repo-agreements/repurchase-agreement-operational-details
AXA sold AXA Equitable Holdings: $72.63m-Dec 20
Panel 2 shows a $3.13b sale in November.
AXA Equitable Holdings, Inc. is a holding company that provides financial services. The Company operates through five segments: Individual Retirement, Group Retirement, Investment Management and Research, Protection Solutions, and Corporate and Other. Individual Retirement segment provides a suit of variable annuity products, which are sold to the individuals saving for retirement or seeking guaranteed retirement income. Group Retirement segment provides tax-deferred investment products and solutions to employer-sponsored retirement plans sponsored by educational, municipalities, and small and medium-sized businesses. Investment Management and Research segment offers diversified investment management, and research products and services. Protection Solutions segment includes its life insurance and employee benefits businesses. Corporate and Other segment includes AXA Advisors broker-dealer business, Closed Block of life insurance and run-off variable annuity reinsurance business.
Number of employees : 7 800 people.
https://www.marketscreener.com/AXA-EQUITABLE-HOLDINGS-I-43328134/company/
https://www.finviz.com/insidertrading.ashx?oc=898427&tc=7&b=2
rgb in da house.
No checks accepted
rainman…….give it up
TTEC Holdings, Inc Chair/CEO sold $109.50m-Dec 10
TTEC Holdings, Inc. is a customer experience technology and services company. It is primarily focused on offering personalized customer experiences to organizations worldwide across every interaction channel and phase of the customer lifecycle as an end-to-end provider of customer engagement services, technologies and insights. Its operated business segments are TTEC Digital and TTEC Engage. Its TTEC Digital segment designs, builds and delivers tech-enabled, insight-based outcome-driven and artificial intelligence-enabled omnichannel cloud platform and customer experience solutions through its professional services and suite of technology offerings. Its TTEC Engage segment provides technologies, human resources, infrastructure and processes to operate customer care, acquisition, and fraud detection and prevention services. It offers Humanify Customer Experience as a Service, which drives measurable results for clients through delivery of personalized omnichannel interactions.
Number of employees : 52 400 people.
https://www.marketscreener.com/TTEC-HOLDINGS-INC-40135661/company/
https://www.finviz.com/insidertrading.ashx?oc=1032211&tc=7&b=2
english have some interdasting culinary choices.
o7