Member
Posted 20 November 2018 - 08:08 AM
Not allowed to talk political per forum rules...
but this market is trading on potential Mueller indictments this week by Friday at the latest supposedly. Either Trump or his family or other key players.
The election is over and that has allowed this to move into higher gear.
This is what the market is afraid of IMO.
Look for a panic flush on some type of breaking news this week in this regard.
Member
Posted 20 November 2018 - 08:22 AM
I think continued trade war concerns and bad news from the tech bell-weathers that have held this market up are much bigger factors. If that is the case, those two factors will have a much longer duration impact than transitory breaking news. Just my humble opinion.
Lev
Volume Dynamics Specialist
Posted 20 November 2018 - 08:37 AM
Market doesn't care about Mueller...
China is the story.
There's not going to be a deal.
There's going to be a fight, and it's already started...
Member
Posted 20 November 2018 - 09:22 AM
There is always some conversation the market pays attention to.
It is really surprising that the focus has not been on this before.
Mr T's M.O. in past conflicts often has been to act real tough but make a complete turnaround once
some kind of agreement is made, to look like a nice guy.
At some point they'll have an agreement with China. It is probably time to look at leaps on Chinese stocks/ETF's.
Regards,
F&D
Edited by flyers&divers, 20 November 2018 - 09:23 AM.
Member
Posted 20 November 2018 - 10:27 AM
Some of it may be just more of the same Russiagate propaganda. There was an article on sealed indictments, but it admitted that none of them may be from Mueller. You have to read the entirety of news articles to see through the propaganda. The headlines are intended to sway emotions. I would expect some indictments. He has to show something even if it doesn't end up in a conviction or a court trial.
Edited by Data, 20 November 2018 - 10:29 AM.
Member
Posted 20 November 2018 - 11:11 AM
What if its none of the above, but actually pure momentum patterns that are only temporarily displaced by said news events?
Member
Posted 20 November 2018 - 11:22 AM
Government intervention at 2640. 
I want return OF my money more than return ON my money
Posted 20 November 2018 - 11:28 AM
Haha it has been political driven market since election of 2016. Good to see finally some are admitting it.
$130 Billion exports to China from USA = 0.97% of US GDP of $13.4 Trillion. Small potatoes.
Much more effect from Maxine Waters to be the new committee chair with oversight of Banking.
Edited by pdx5, 20 November 2018 - 11:30 AM.
