Post by
manxcan on Jul 06, 2016 4:58pm
Escape or haven
Problem is where do investors look to shift holdings -in US stocks v. Asia Europe. This support continues to drive markets. The Fed Reserve unwilling to move interest rates will continue to push short term on inflation. All adds up to a reckoning day similar to last August.
Felt DUST had the volatility but steadier move than looking for bottom on VIX trade. Happy to take the exit today. Maybe a good trade Friday but last week that never worked.
GLTA, tough trade as most days market is inclined to support investments.
Cheers Manxcan
Comment by
MayorRobFord on Jul 07, 2016 10:35am
You got it curiousbuild. Brexit itself means shitt to the S&P 500, except that Feds will take it slower on raising the rates. Treasury yields are expected by most analysts to drop even further. Damn too much doom and gloom by yahoo analysts that sell only to retail investors (many claiming to have called the 2008 crash). Block that garbage out.
Comment by
Steven1 on Jul 07, 2016 10:54am
Mayor: Good article and good points. We'll see how the markets react to the NFP. I'm expecting a muted reaction as it’s already expected to be a positive report. Many bulls may see tomorrow as good day to get out.
Comment by
Eric1212 on Jul 07, 2016 6:13pm
As Steven1 said, i also LOVE your post, the article is just like having somes candy to me... Thanks for your contribution !