China deal is toast says Navarro

[ElCubano]

Anyone who shorted off that china news and didn't cover got smoked . Todays exactly 90 days since the bottom on march 30th. It feels like it was a yr ago. The qqq's are up 52% . The naz is now firmly above 10k. I would have bet anything we would have seen a normal 10% pull in off a 42% run but we didn't .Question is will we gravitate toward new highs over the coming weeks then maybe take nice spill into a potential wave of the virus in the fall and into the election. We know positive vaccine news will be coming by sept at the latest by at least one company .Shorting past a day or so is very tricky

I think we will grind higher with no pullback of more than 2% maybe maybe 5% if wall street needs more from the FED. The 2% pullback will almost always occur intraday and you have to be exact. like a ninja. Feels like we will blow past all highs across the board until no one is left wanting to short. Then KABOOM, rinse repeat.

As per the "BIG DADDY DOZU" system.- 3500-3700 range.

 

[nillionaire]

I would have bet anything we would have seen a normal 10% pull in off a 42% run but we didn't .

We did have a 10% drop in ES a week ago, only lasted 3 days.

 

[hafez50]

Your post is humorous considering your previous post.

I said the same thing and i bought the dip last night. I was correct in saying navvora was fos and unless it comes from Trump means nothing and even when Trump says it it means nothing .

 

[hafez50]

We did have a 10% drop in ES a week ago, only lasted 3 days.

Not quite 10% and some of that (2%) of that was in the overnight session to the lows of 2920. The spx at the most was down 8% or so

 

[ElCubano]

Not quite 10% and some of that (2%) of that was in the overnight session to the lows of 2920. The spx at the most was down 8% or so

I was out of town then and without looking back I think it only lasted 1 1/2 days as the FED came out with corp bond news.

 

[mlawson71]

Which China deal exactly? What did I miss?

 

[larsvukeya]

China’s trade deal is being seen as a toast, as with a quick recovery policy, China is making some aggressive import commitments.

 

[zdreg]

China’s trade deal is being seen as a toast, as with a quick recovery policy, China is making some aggressive import commitments.

The two sentences contradict each other. Please explain.

 

[Cuddles]

The two sentences contradict each other. Please explain.

Don't ask bots to explain themselves. The AI isn't there yet

 

[S2007S]

Don't ask bots to explain themselves. The AI isn't there yet

I'm taking it with a grain of salt


Why everyone is talking about the A.I. text generator released by an Elon Musk-backed lab


https://www.cnbc.com/2020/07/23/openai-gpt3-explainer.html