NYFed now sees Q2 GDP at 1.01%
DOW 35,000 as FED + TRUMP PUTs power market
Started by
dTraderB
, Jun 07 2019 05:51 AM
23 replies to this topic
#22
dTraderB
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Posted 07 June 2019 - 11:40 AM
A daytrader's delight, what a market !
Quite possible to see SPX 2890 today
.... less probable but still possible to see SPX 2860 later today
#23
dTraderB
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Posted 07 June 2019 - 11:47 AM
SPX up 34
VIX also UP 0.32
#24
dTraderB
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Posted 07 June 2019 - 03:14 PM
Selling during last hour but market looks set to move above SPX 2900 soon, unless there is a major geopolitical event.
Mexico tariff is now almost a non-event for the market
and the Chinese tariff situation is not as serious as many in the market thinks
The market will face the real test later when the economy shows its true condition. Until then, party on, bulls.
