Dow jumps after Trump says China wants to make trade deal
https://www.cnbc.com/2018/11/16/dow-...rade-deal.html
WOW anybody see that? S&P went from -.35% to +.20% in like 5 seconds. Word got out of a China trade deal getting done or something? I've not seen anything like that before, not that quick of a move up.
Dow jumps after Trump says China wants to make trade deal
https://www.cnbc.com/2018/11/16/dow-...rade-deal.html
Tom
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The swings are amazing so far today.
Tom
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Uh, oh! HYG at the lows again...
Tom
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Gap down open is trying to crawl back to fill that open gap, but so far it has only gotten to the lows from last Thursday. It's early, but I thought it was interesting that the morning rebound stalled there - so far. But it's early.
Tom
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Transportation & Financials are looking really nasty right now
The Transports were one of the last charts to look semi-decent too.
I see yields are trying to reverse up from the lows of the day, and the 10-year looks to be testing interesting resistance. If that support holds the financials may stabilize, but at this point everything seems to be going down with the ship.
Tom
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The rebound has basically filled the gap (there may be another point or two in there) and hit the descending resistance, which may be why it has stalled. That doesn't mean it won't break above it, but the bears are making their presence known in this area.
Tom
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I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.
Tom
Market Commentary | My Blog | TSP Talk Plus | |
I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.
Tom
Market Commentary | My Blog | TSP Talk Plus | |
I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.
Tom
Market Commentary | My Blog | TSP Talk Plus | |
I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.
What to make of AGG also ripping upwards? I thought it would tank with today's big up move.
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