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China Commentaries

Showing Posts 1 - 3 out of 3 found.

The Bear Pressure Is Just Too Great, For Now

Right out of the gate this morning, the market bolted to the red. I see no reason for the recent market panic other than it is summer and traders hold sway in the market. Fundamentally, the market environment has not been this sound in years.   U.S. stock index futures fell on Wednesday, with S&P e-minis at a more than two-month low, on worries of an escalation of the conflict in Ukraine...

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So, What Is the Reason Today?

Yesterday provided a nice breather from the selling we’ve seen over the last week or so. Although not great in total numbers, the rally yesterday impressed me for two simple reasons – 1) the market rallied at all and 2) the rally was broad based. Stocks closed higher on Monday with broad gains across most sectors that helped the S&P 500 rebound from its largest weekly drop since 2012....

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The Gas Pedal is Down, But Why?

Flat is the word. Yes, flat describes yesterday’s market, and it might have applied to the market today, given the state of the futures just before the bell.   Traders are waiting on the data due out this morning with a bid under the futures. The data referenced above is the manufacturing data across the globe, in particular, that of the US, Europe, and China. Traders appear to like the...

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