Market holding up pretty well considering the FED speakers were kinda hawkish earlier today and the PMI were lousy this morning
Today, I entered fresh multiple times long between 2870 and 2900. My theory says the SPX should rally to minimally 2920 at some point--again, what I do at that time depends on the price action, etc. Long live volatility!
Volatility is back after the latest tweet from Trump, I guess the trade talks aren’t going well and China is pretty determined not to make a deal before the election
MAKE IT STOP!!! I feel like I said this recently. Glad that I have only like 30% of my money invested at least.
Powell came right out and said the Fed doesn't know what it's doing. There are "no recent precedents to guide any policy response to the current situation," Mr Powell said, adding that monetary policy "cannot provide a settled rulebook for international trade".
Yeah have some cash on the sideline, I don’t mind if we see some severe correction and stocks to get beaten down a little bit
I got the solution to this China America tariff thing: 1) Extend NAFTA throughout South America ( except for Venezuela ). 2) American companies can now move out of China, and into South America. 3) No more worries about illegals wanting to come here. They now have careers waiting for them at home. 4) China can now kiss our ass.
and shipping from South America will be faster than shipping from China. I hate these two week delays when I buy stuff from Alibaba
Looks like sell into the close will see if we get some short covering right before the closing bell ahead of the weekend
BA actually up slightly for the day Usually it is one of those stocks that get hit hard on the trade headlines