https://www.cnbc.com/2018/12/03/trump-xi-trade-deal-what-chinese-state-media-is-saying.html Already, not so clear cut on what was agreed to...let's see if this catches on by morning.
Just FYI, I am short big time SPY, but put on a large long oil position very late on Friday after the decline as a hedge for this. So if things continue as they are now, oil will be up 5%, which I will sell and add to my SPY short
https://www.cnbc.com/2018/12/03/as-...e-trade-cease-fire-was-already-priced-in.html As Monday's rally fades, traders wonder whether the trade cease-fire was already priced in Stocks lost some steam after surging on the opening, signaling the market may have already priced in some of the positives from President Trump's trade truce with China. Stocks may also have borrowed on some of the gains from any Santa rally, and one strategist says it's time to play defense.
Nice follow through rally tonight in the futures...hahaha Down down down !!! Hopefully the bulls can turn them green by the morning hours!!!