ES Journal - 2019/2020

With all the focus on trade developments, wonder if there will be any market reaction to durable goods numbers at 8:30 AM

 

The Fed will react. With more liquidity. Regardless of what the report says.

 

2880's a good short entry.

Edit.
Take the 6 points @74.
Its probably heading higher now.

 

Long ES at 2874,stop 2869.25.

 

Now move stop to 2872.75.

 

Out at 2872.75. -1.25.

 

Back in at 73
edit:
out. took 67.50
sit and watch for a bit

Magic pencil btw... sure wants to point to 2690.
Thats a ways away. We'll see.

 

On a recent Monday, global markets tumble on fears that President Trump’s new tariffs on China will cause a worldwide economic slowdown. Then, on that Tuesday, markets surge on news that Mr. Trump had postponed his latest tariff threats. Time and again, the president makes announcements that are certain to sway markets in one direction or the other, only to reverse himself shortly thereafter.

So I ask: Who was informed of Mr. Trump’s moves before they became public? Are his family members and friends trading on that insider information? What about other administration officials? Is this how Mr. Trump buys loyalty from his subordinates and Republican members of Congress? I wonder.

 

Your conspiracy conjecture has no merit whatsoballsout. If it's that plain that that is what he is doing, then why aren't you buying on the negative tweets. Good Lord.