There we go, some tariffs are delayed although it didn’t directly come from the tweets from Trump I guess
It was all poetry in motion. Stopped the market from falling out of control (albeit yesterday support at 2880 seemed to signal the downmove was done, but this morning made it shoot up); pushed China tariffs back to mid-December so all the Xmas presents will be shipped to US by then; Brexit is happening on October 31 so China is pushed behind Britain as Bolton said so. That's like 3 birds with one tweet stone. Don't underestimate the size of the US's stones. I felt the same way and wondered how we got here. Getting inspiration from Hong Kong?! All we have in the US is a hash tag trending for a day.
The rally this morning is pretty decisive + 94 million for the SPY. I didn't have a chance to exit at 2940, as mentioned above, due to technical problems presumably with the stock broker I am using. But, we'll see what happens tomorrow. But today's price action is "suggestive." I'll decide tomorrow what to do with my long positiion
Probably something about the bond yield curve? They've been beating that horse to death lately on "news media" trying to say it's going to put us in a recession.
Nah, Frankenstein was buying here. And I've seen data that says the stock market peaks after the inversion. Examining this, I guess it implies that inversions have to happen when stocks are riding high. Maybe it's the beginning of An end.
yea i havent gotten back into anything this week, figured volatility would rock the market, still holding onto LULU though. dam, TLT chart looking like a tech stock lol.
Just woke up, so did the inversion happened this morning? 10 year still have high yields than 2 year at this moment
