Thanks for this framework. Looking for a relief rally tomorrow. Price has gotten away from momentum indicators. So in a sense, the market did sell off after all the bad news. Maybe we just not going to get the big move this week.
yo....the 10 year is at 1.58%.....and it looks like the markets are tanking, is brexit really spooking the market or is it something else? cause the markets usually rally or at least stabilize going into a fed meeting, this is interesting.
FTSE, DAX, NIKK, HS ... currently down. The low yields make it a tough environment for banks. Wheat finally joining the commodity party, will be interesting to see if it bounces from here. I will assume it does since JO, CORN, SOYB, et al are all running right now. No way wheat will be left behind: So what's interesting about this is I always thought inflation meant the stock market returns went up, but this is not always reality. I found a great article that had this chart: http://www.investopedia.com/articles/investing/052913/inflations-impact-stock-returns.asp
yup all the commodities have been rallying all year, but the fed wont raise, weaker dollar, stronger commodities, means people will be paying more for goods eventually.
Fed hikes ahead? Here's what Janet Yellen is watching CBS News - 5:11am With the next interest rate decision coming from the Federal Reserve on Wednesday, Wall Street is voicing some distress that Janet Yellen is overly ambiguous about the path of the Fed's monetary policy.
What am I missing here? Reverse stock splits send stocks higher these days? Louisiana-based independent oil and gas explorer Stone Energy Corporation SGY, in a smart move that would renew investor interest in the stock, completed a 1-for-10 reverse stock split on Jun 10, 2016. As a result of this, every 10 shares of Stone's issued and outstanding common stock were automatically converted into one share of common stock. Stone's common stock began trading on a split-adjusted basis from Jun 13, 2016.
these traders think they are real freckin cute...for the past 3 days they have been buying up NUGT after hours and selling it during the RTS....these guys man....
Response to Patrick You are right on taking that loss! Manage your losses and the winners take care of themselves, you did the right thing, I assume you were using this support as your level?
The beat down of the Financials is a overkill in my opinion even if you take away the rate hike scenario. There bargains galore in this 3 day meltdown. My mentality is to buy when there is blood in the street.
