RE: RE: RE: When buying stops...Agreed - this week seems too early.
Bankers doesn't seem to have a consistent day - they released on Monday the 17th last year and Thursday the 14th the year before. 2nd Quater last year they did release on the Friday - not that uncommon. TD says the 9th. I'm pretty sure they normally release before market opens. Either way - I'm not sure I'd want to be sitting with a big short position over the week-end.
MMs have a wall up at $8 - but the ask keeps getting taken out and replaced. Another 40K just went through at $7.98. $7.99 should go soon. All that US money that rotated out of commodities and into tech and US financials must be looking at todays numbers out of the US and wondering what they were thinking. As soon as the $7.98 gets taken out, a new huge bid comes in to replace it. I'd say this thing is spring loaded right now and should make for an interesting.
India revised growth DOWN to 8% this year, China will be close to that. US lucky to get 3%. Oil demand is up regardless of what growth in the US is.
PS - I'm liking the copper fox I got at $1.94 today. RTQ - $2.12