A little less than 200 points now to close that gap from Mar 31. Once we close above that, our buy signal from April 1 resumes it's effect on the market and it we will head higher----much higher.
Not so fast. See that climb up from yesterday? They leaked that they were about to reach an agreement... Now they'll go and say that they'll rather starve to death than make any concession to China... And down we'll go - again. This is an insider-trading paradise
that's the argument by some, but i don't buy it. naturally trade diversions will happen, aka smuggling. it would be legal everywhere but stateside.
I thought the move today was a leak that Trump would not fire Powell. The low volume excuse why we tanked yesterday didn’t seem right. “ President Donald Trump said he had no intention of firing Federal Reserve Chairman Jerome Powell despite his frustration with the central bank not moving more quickly to slash interest rates.” Bloomberg