Yea PPT is in town... But it's losing, look at USDJPY and Treasuries they are behaving exactly in sync with massive money injections, but Oil and Futures keep rocking back n forth at a violent pace, this is insane! There is so much selling the Fed is having trouble getting it up
Indeed. I am sure the "PPT" operates at all hours of the day. Shouldn't they be in bed by now? Government hours? I assume that is what this "PPT" idea is based on, in a weird way.
It's based off Market hours... They monitor 24/7, PBOC very active atm, defended back Yuan to 7.09, HK dollar well defended atm. Central Banks are very active right now vs the Bears, BoJ pumping Nikkei, ASX up a bit since low
https://www.japantimes.co.jp/news/2...-chief-says-amid-tensions-china/#.XUjcE3sTE2w https://www.themoscowtimes.com/2019...pond-to-us-missile-deployments-in-asia-a66712 https://www.fxstreet.com/news/china...termediate-range-missile-in-asia-201908060138 In further geopolitical tensions, the Chinese Foreign Ministry official has said that China will not sit idly by and will be forced to take countermeasures if the US deploys intermediate-range missile in Asia.
Well cnbc just started their markets in turmoil special reporting today so I take it as one day sell off as being the reason behind this ...the other past days have just been little tiny blips
Just wait and see. Markets will open down and then skyrocket to the upside as everyone will feel the selloff in stocks was just too too much.
Don't watch CNBC. The first day I ever watched it, was last February, the day before the Dow dumped over 1,000 points. I only watched it because I finally wanted to see the "Mad Money" Cramer dude live during his show. I loved his stupidity. Total clown. The next day the Dow did it's thing, and I was mesmerized by the super-granulated real-time index ticker on display. But the comment by the boobs on there? They kept asking "What is the market halt on the Dow? What percent is it?" This is when it was about 6% down. It's like, "Guys, know this market-breaker stuff" if you want to comment on market-breakers. Yer financial commentators. Don't be like this guy...