I'm taking a little break from trying to guess the market direction. Started to get a little full of myself, now I've been wrong two weeks in a row. And now we're trading at about 10 points down and I'm still thinking, "That's nothing, last week we ate up 18 points down like it was nothing!" So, it seems like this market is unstoppable. Even Kim nuking the world doesn't scare anyone. Irma is just a nuisance (Along with Harvey) and anything that happens with the Trump administration is bearish for 15 minutes and bullish for hours afterward. So yeah, I'll be holding onto my long term shorts and just waiting to see what will happen next.
yep @Baggi ... globex reopen is @ 6pm eastern ... hope you guys all had a really nice long weekend! looking forward to getting this week started already!
Trump agrees to fund government, raise debt limit to Dec. 15 http://www.marketwatch.com/story/tr...widget_latestnews_stockmarketforums.myvnc.com
welp i guess its time to sattle up for another hurricane, mathew last year wasnt fun, and this irma is looking worse. on another note gold and oil have been on the move the past few days.
Don't have too much time to look at the market. Looks like the dollar weakness continues and gold continues to look strong. The 10 year yield isn't too far away from going below of 2%
As per Ryan Detrick, we are now 10 full months in since the last -3% pullback on the cash S&P (2nd longest in history):
Could see some volatility coming, Some believe North Korea may launch another intercontinental ballistic missile on the 9th, this time at an ordinary angle.