Not much to do during the US sessions. Im sure the big moves will happen after the cash close. Google reports after the close.
Maybe this was THE REAL REASON why the trade war was started. Every time the market dips, he can relax the tariff a little and say "everything is all good".
And to force the Fed's hand when all of the data started to weaken. At this time a year ago, some Fed members were still suggesting 4 rate hikes in 2019.
Google miss, im sure the markets will love this. It really doesn't even matter. The FOMC can and does prop up the index futures. I doubt we will ever see another bear market. Sure we may see dips to keep the volume going so the exchanges can survive. Seriously you can't fight the Fed they have unlimited amounts of money.
Sure enough futures are back to the highs, really can’t fight the FED at all. Google will bounce like Amazon did. for those wondering what a dip is I guess about 2-3% is a dip to buy
Cutting rates with core inflation running at 10 year highs? Ya mean the Fed is not apolitical? I wonder if this will set future precedent -- Presidents bringing in their own Fed chairs.
Folks lets get back to making some free money/ We are entering to most favorable period to go long. Back to the overnight drift higher.