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Thread: Black Monday

  1. #5621
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    Gold dropping away again (1D). Coffee may have ended its 5 year downtrend though if thats not a fake out, good for growers.
    Last edited by Joshuatree; 26-06-2019 at 12:30 PM.

  2. #5622
    FEAR n GREED JBmurc's Avatar
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    Quote Originally Posted by Joshuatree View Post
    Gold dropping away again (1D). Coffee may have ended its 5 year downtrend though if thats not a fake out, good for growers.
    Fed talking down JULY Rate cut adding strength to USD... see how the next few weeks play out

    Looking forward to JULY ....generally, JUNE tax loss selling always hurts the spec end of town that have downtrend during the year like many of my shareholdings
    "With a good perspective on history, we can have a better understanding of the past and present, and thus a clear vision of the future." — Carlos Slim Helu

  3. #5623
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    Trump: US-China trade talks are "back on track"

    “We’re right back on track. We’ll see what happens,” Trump said after the talks wrapped. He described the meeting as “excellent” and “probably even better than expected.”
    “We had a very good meeting with President Xi,” he said.


    Xinhua: US-China agree to reopen trade talks, new tariffs suspended

    China's official state-run press agency Xinhua news have announced that President Xi Jinping and US President Donald Trump have agreed to resume stalled trade talks.
    "(They) agreed that China and the United States should resume economic and trade discussions on the basis of equality and mutual respect," said a Xinhua report, carried on their website Saturday.
    According to Xinhua, Trump agreed to not impose new tariffs on Chinese exports while trade talks were ongoing.

  4. #5624
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    Bad news here for the doom-and-gloomers. Ha Ha.


    Quote Originally Posted by dr_ View Post
    Trump: US-China trade talks are "back on track"

    “We’re right back on track. We’ll see what happens,” Trump said after the talks wrapped. He described the meeting as “excellent” and “probably even better than expected.”
    “We had a very good meeting with President Xi,” he said.


    Xinhua: US-China agree to reopen trade talks, new tariffs suspended


    China's official state-run press agency Xinhua news have announced that President Xi Jinping and US President Donald Trump have agreed to resume stalled trade talks.
    "(They) agreed that China and the United States should resume economic and trade discussions on the basis of equality and mutual respect," said a Xinhua report, carried on their website Saturday.
    According to Xinhua, Trump agreed to not impose new tariffs on Chinese exports while trade talks were ongoing.

  5. #5625
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    Quote Originally Posted by tuaman View Post
    Bad news here for the doom-and-gloomers. Ha Ha.
    should be good for a rally , us futures suggesting 100 pt higher open at the moment. seems trump conceded big time to china with huawei to restart talks
    one step ahead of the herd

  6. #5626
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    Quote Originally Posted by bull.... View Post
    should be good for a rally , us futures suggesting 100 pt higher open at the moment. seems trump conceded big time to china with huawei to restart talks
    Guess markets should enjoy the rally until talks break down again?

    Traders' market.

  7. #5627
    always learning ... BlackPeter's Avatar
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    Quote Originally Posted by Balance View Post
    Guess markets should enjoy the rally until talks break down again?

    Traders' market.
    ... and this might be only one tweet away ;
    ----
    "Prediction is very difficult, especially about the future" (Niels Bohr)

  8. #5628
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    Quote Originally Posted by Balance View Post
    Guess markets should enjoy the rally until talks break down again?

    Traders' market.
    futures implied open up around 150
    one step ahead of the herd

  9. #5629
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    new highs in the stock market and the longest economic expansion ever

    This is now the longest US economic expansion in history

    https://www.cnbc.com/2019/07/02/this...n-history.html
    one step ahead of the herd

  10. #5630
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    Major U.S. indexes rose to all-time highs as Stock investors piled into high dividend-yielding sectors like utilities and REITs after 10-year Treasury yields dipped to the lowest since November 2016 on rising market bets that the Federal Reserve will cut rates this month.

    https://www.bloomberg.com/news/artic...d=premium-asia
    one step ahead of the herd

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