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Thread: US Indicies

  1. #1
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    Default US Indicies

    Perhaps US markets have bottomed. Jackson Hole will be pivotal.
    Hopefully you find my posts helpful, but in no way should they be construed as advice. Make your own decision.

  2. #2
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    Dead cat bounce yesterday?
    I did pretty nicely out of it & offloaded most of my long.
    Restocked now, so hopefully Powell doesn't ruin the party. Might trim the position a bit leading in.
    I suspect Powell will pretty much reiterate what he said only 3 - 4 weeks ago, I.e any rates decision from here is data dependent which means the September meeting is probably more pertinent as the next lot of data will be out prior to that meet.

  3. #3
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    No surprises from Powell which I think will ultimately mildly please the market.

  4. #4
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    The future is more uncertain now more than before. I took refuge in consumer staples with strong balance sheets and dividend champions long before.

  5. #5
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    So far this week's data has been market positive. All indices have bounced substantially off their lows.
    I do wonder if this rally is an opportunity to now reinstall a short.
    Although weak US data is seen as market positive as rates may be reduced quicker than expected.
    The global issue of what is going on in China has not been reflected imo.

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