Didn't they sat this earlier?.... US reaches deal to lift steel and aluminum tariffs on Canada and Mexico: Sources
A pretty impressive comeback for this market after Monday, we are just down slightly for the week as of now
I laughed at that, but what happened to that guy after he said that? Update on XBI/IBB, been watching which way they break out of the weekly candle from 4 weeks ago. There were 3 inside weekly candles in a row. This week might have been a peek-below-and-fail, but they haven't retaken the 20 day sma yet.
-$12.3b outflow from equity MF + ETFs this week, the 2nd large outflow in a row. So far this year, a net outflow of -$42.9b (Lipper) https://twitter.com/ukarlewitz/status/1129176542624604160 I know the contrarians say this is bullish because that money will need to become buyers later. But when this gets big enough could it become a liquidity issue, like we had in October-December? And didn't one of the guys on Fast Money attribute that steep dive to liquidity issues? Here we go at 55 seconds: https://www.cnbc.com/2019/01/16/jp-morgans-marko-kolanovic-sees-stocks-drifting-higher.html December’s “ugly price action” was due to retail mutual fund liquidation, Kolanovic said. “Retail kind of pulled the plug in an environment where there was no liquidity,” he noted.
US trade talks with China have stalled: Sources https://www.cnbc.com/2019/05/17/us-china-trade-talks-have-stalled-sources.html Market moved down when this news hit the headlines
